Phelps County
FY 2026 HUD Fair Market Rents in Nebraska. Population: 8,966.
Fair Market Rents (2026)
Studio
National avg: $893
$666/mo
↑ 7.1% YoY
-25% vs US
1 Bedroom
National avg: $959
$760/mo
↑ 5.3% YoY
-21% vs US
2 Bedroom
National avg: $1,175
$961/mo
↑ 6.0% YoY
-18% vs US
3 Bedroom
National avg: $1,525
$1,311/mo
↑ 7.6% YoY
-14% vs US
4 Bedroom
National avg: $1,756
$1,463/mo
↑ 5.9% YoY
-17% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $622 | $666 | +$44 (+7.1%) |
| 1 Bedroom | $722 | $760 | +$38 (+5.3%) |
| 2 Bedroom | $907 | $961 | +$54 (+6.0%) |
| 3 Bedroom | $1,218 | $1,311 | +$93 (+7.6%) |
| 4 Bedroom | $1,381 | $1,463 | +$82 (+5.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$30,400
$2,533/month gross
Required annual income for 2 BR
$38,440
$3,203/month gross
Other Counties in Nebraska
Hitchcock County
1 BR: $732/mo
Lancaster County
1 BR: $926/mo
Harlan County
1 BR: $752/mo
Platte County
1 BR: $809/mo
Thurston County
1 BR: $799/mo
Stanton County
1 BR: $849/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.