FY2026 Fair Market Rents — Otoe County
Studio
$713
1BR
$783
2BR
$1,028
3BR
$1,371
4BR
$1,432
Otoe County, Nebraska
FIPS 31131 · County-level FMR and income limit data
FMR Area: Otoe County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $713 | $8,556 |
| 1-Bedroom | $783 | $9,396 |
| 2-Bedroom | $1,028 | $12,336 |
| 3-Bedroom | $1,371 | $16,452 |
| 4-Bedroom | $1,432 | $17,184 |
To afford the FY2026 2-bedroom FMR of $1,028/mo under the 30%-of-income rule, a household needs about
$41,120/yr ($3,427/mo). Area Median Income is $114,900.
At NE's state minimum wage of $13.50/hr, a worker would need to work 59 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $713 | $783 | $1,028 | $1,371 | $1,432 |
| FY2025 | $625 | $695 | $912 | $1,206 | $1,211 |
| FY2024 | $594 | $667 | $876 | $1,138 | $1,168 |
| FY2023 | $563 | $645 | $828 | $1,036 | $1,125 |
| FY2022 | $507 | $613 | $757 | $936 | $1,091 |
| FY2021 | $496 | $599 | $752 | $935 | $1,212 |
| FY2020 | $468 | $555 | $718 | $895 | $1,167 |
FY2026 Income Limits
Area Median Income: $114,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,150 | $27,600 | $31,050 | $34,450 | $38,680 | $44,360 |
| 50% AMI | $40,250 | $46,000 | $51,750 | $57,450 | $62,050 | $66,650 |
| 80% AMI | $64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 |