ZIP 68016 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 68016 in the Omaha-Council Bluffs, NE-IA FMR area.
$1,130Efficiency
$1,1801 bedroom
$1,4102 bedrooms
$1,8703 bedrooms
$2,1104 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,130 | $1,017 | $1,243 | $1,167 |
| 1 bedroom | $1,180 | $1,062 | $1,298 | $1,219 |
| 2 bedrooms | $1,410 | $1,269 | $1,551 | $1,450 |
| 3 bedrooms | $1,870 | $1,683 | $2,057 | $1,924 |
| 4 bedrooms | $2,110 | $1,899 | $2,321 | $2,179 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 68016?
HUD's FY2027 Small Area FMRs for ZIP 68016 (Omaha-Council Bluffs, NE-IA) are $1,130 efficiency, $1,180 one bedroom, $1,410 two bedrooms, $1,870 three and $2,110 four bedrooms.
What payment standard can a housing authority set in ZIP 68016?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,269 to $1,551.