Franklin County, NE Fair Market Rent FY2027

Part of the Franklin County, NE non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$734Efficiency +10.2%
$8691 bedroom +18.7%
$1,0142 bedrooms +5.5%
$1,3283 bedrooms +11.9%
$1,3334 bedrooms +3.8%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$734$666+10.2%
1 bedroom$869$732+18.7%
2 bedrooms$1,014$961+5.5%
3 bedrooms$1,328$1,187+11.9%
4 bedrooms$1,333$1,284+3.8%

FY2026 income limits

Median family income: $87,400

Household size12345678
Extremely low (30%)$19,800$22,600$27,320$33,000$38,680$44,360$50,040$55,720
Very low (50%)$32,950$37,650$42,350$47,050$50,850$54,600$58,350$62,150
Low income (80%)$52,750$60,250$67,800$75,300$81,350$87,350$93,400$99,400

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $2651983FY1985: $277FY1986: $345FY1987: $356FY1988: $366FY1989: $3751989FY1990: $385FY1991: $397FY1992: $410FY1993: $417FY1994: $2751994FY1995: $337FY1996: $368FY1997: $376FY1998: $383FY1999: $3891999FY2000: $391FY2001: $394FY2002: $410FY2003: $416FY2004: $4162004FY2005: $530FY2006: $542FY2007: $558FY2008: $571FY2009: $5892009FY2010: $597FY2011: $605FY2012: $584FY2013: $622FY2014: $5872014FY2015: $607FY2016: $631FY2017: $646FY2018: $653FY2019: $7002019FY2020: $698FY2021: $734FY2022: $757FY2023: $826FY2024: $8722024FY2025: $907FY2026: $961FY2027: $1,0142027

Questions and answers

What is the Fair Market Rent in Franklin County, NE for FY2027?

HUD set the FY2027 Fair Market Rents for Franklin County, NE at $734 for an efficiency, $869 for one bedroom, $1,014 for two bedrooms, $1,328 for three and $1,333 for four bedrooms.

How much did Fair Market Rent change in Franklin County, NE?

The two-bedroom FMR changed from $961 in FY2026 to $1,014 in FY2027 (+5.5%).

What are the HUD income limits for Franklin County, NE?

For FY2026 the median family income is $87,400. The low-income (80%) limit for a family of four is $75,300, very low income (50%) $47,050 and extremely low income $33,000.