FY2026 Fair Market Rents — Sheridan County
Studio
$666
1BR
$732
2BR
$961
3BR
$1,152
4BR
$1,497
Sheridan County, Nebraska
FIPS 31161 · County-level FMR and income limit data
FMR Area: Sheridan County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $666 | $7,992 |
| 1-Bedroom | $732 | $8,784 |
| 2-Bedroom | $961 | $11,532 |
| 3-Bedroom | $1,152 | $13,824 |
| 4-Bedroom | $1,497 | $17,964 |
To afford the FY2026 2-bedroom FMR of $961/mo under the 30%-of-income rule, a household needs about
$38,440/yr ($3,203/mo). Area Median Income is $78,500.
At NE's state minimum wage of $13.50/hr, a worker would need to work 55 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $666 | $732 | $961 | $1,152 | $1,497 |
| FY2025 | $622 | $691 | $907 | $1,093 | $1,317 |
| FY2024 | $591 | $730 | $872 | $1,054 | $1,185 |
| FY2023 | $562 | $720 | $826 | $1,022 | $1,156 |
| FY2022 | $507 | $664 | $757 | $1,005 | $1,227 |
| FY2021 | $484 | $644 | $734 | $1,018 | $1,271 |
| FY2020 | $455 | $613 | $698 | $982 | $1,225 |
FY2026 Income Limits
Area Median Income: $78,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,800 | $22,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,950 | $37,650 | $42,350 | $47,050 | $50,850 | $54,600 |
| 80% AMI | $52,750 | $60,250 | $67,800 | $75,300 | $81,350 | $87,350 |