HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Thayer County, Nebraska (FY 2027)
$1,014 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Thayer County, and it's the baseline every voucher in Thayer is measured against.
Two-bedroom FMR
$1,014
+5.5% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Nebraska
87th of 93
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $734 | $661–$807 | $29,360 | $14.12/hr | +10.2% |
| 1 bedroom | $775 | $698–$853 | $31,000 | $14.90/hr | +5.9% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +5.5% |
| 3 bedroom | $1,208 | $1,087–$1,329 | $48,320 | $23.23/hr | +4.9% |
| 4 bedroom | $1,333 | $1,200–$1,466 | $53,320 | $25.63/hr | +4.8% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,533 | $1,380–$1,686 |
| 6 bedroom Estimate | $1,733 | $1,560–$1,906 |
| 7 bedroom Estimate | $1,933 | $1,740–$2,126 |
| 8 bedroom Estimate | $2,133 | $1,920–$2,346 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Thayer actually rent for?
Search any address in Thayer for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Thayer somewhere between $913 and $1,115. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 6% from FY 2026 ($961) to FY 2027 ($1,014). Since FY 2020 it's up 45% in total, about 5.5% a year. The Nebraska median moved up 6% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $455 | $547 | $698 | $892 | $1,016 | — |
| FY 2021 | $484 | $601 | $734 | $986 | $1,055 | +5.2% |
| FY 2022 | $507 | $627 | $757 | $1,005 | $1,044 | +3.1% |
| FY 2023 | $562 | $676 | $826 | $1,071 | $1,117 | +9.1% |
| FY 2024 | $591 | $664 | $872 | $1,076 | $1,161 | +5.6% |
| FY 2025 | $622 | $691 | $907 | $1,093 | $1,203 | +4.0% |
| FY 2026 | $666 | $732 | $961 | $1,152 | $1,272 | +6.0% |
| FY 2027In effect | $734 | $775 | $1,014 | $1,208 | $1,333 | +5.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Thayer, that runs from $734 for a studio up to $1,333 for four bedrooms, all five rates in the table above.
Because Thayer sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Alexandria included.
Among Nebraska's 93 counties, Thayer ranks 87th for two-bedroom FMR. That's within a couple percent of the state median of $1,014 and about 5% below the national median county at $1,063. About 4,901 people live here, 56th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 68303 (Alexandria) and $1,110 in 68327 (Chester), with the 12 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 68303 | Alexandria | $1,010 | -0.4% |
| 68315 | Belvidere | $1,020 | +0.6% |
| 68322 | Bruning | $1,010 | -0.4% |
| 68325 | Byron | $1,010 | -0.4% |
| 68326 | Carleton | $1,030 | +1.6% |
| 68327 | Chester | $1,110 | +9.5% |
| 68335 | Davenport | $1,010 | -0.4% |
| 68340 | Deshler | $1,020 | +0.6% |
| 68362 | Gilead | $1,030 | +1.6% |
| 68370 | Hebron | $1,030 | +1.6% |
| 68375 | Hubbell | $1,010 | -0.4% |
| 68429 | Reynolds | $1,010 | -0.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Thayer.
Nuckolls County
23 mi · 4,087 people
$1,014
same rate
Fillmore County
24 mi · 5,541 people
$1,014
same rate
Jefferson County
26 mi · 7,161 people
$1,014
same rate
Saline County
34 mi · 14,650 people
$1,050
+4%
Clay County
35 mi · 6,095 people
$1,014
same rate
Gage County
49 mi · 21,629 people
$1,025
+1%
Webster County
49 mi · 3,360 people
$1,014
same rate
York County
50 mi · 14,286 people
$1,047
+3%
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $734 for a studio, $775 for one bedroom, $1,208 for three and $1,333 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Thayer actually go for?
HUD's number is one input. Search any address in Thayer for a rent estimate built from nearby comps. Free to start, no card.
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