ZIP 68133 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 68133 in the Omaha-Council Bluffs, NE-IA FMR area.

$1,330Efficiency
$1,3901 bedroom
$1,6502 bedrooms
$2,1903 bedrooms
$2,4804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,330$1,197$1,463$1,167
1 bedroom$1,390$1,251$1,529$1,219
2 bedrooms$1,650$1,485$1,815$1,450
3 bedrooms$2,190$1,971$2,409$1,924
4 bedrooms$2,480$2,232$2,728$2,179

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 68133

$105,846average adjusted gross income per tax return (2022)
$75,012average salaries and wages per return
6,790tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00018.9%
$25,000 to $50,00014.6%
$50,000 to $75,00012.1%
$75,000 to $100,00010.9%
$100,000 to $200,00032.1%
$200,000 or more11.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 4.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 68133?

HUD's FY2027 Small Area FMRs for ZIP 68133 (Omaha-Council Bluffs, NE-IA) are $1,330 efficiency, $1,390 one bedroom, $1,650 two bedrooms, $2,190 three and $2,480 four bedrooms.

What payment standard can a housing authority set in ZIP 68133?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,485 to $1,815.

How affordable is rent in ZIP 68133?

Tax returns filed from ZIP 68133 reported an average adjusted gross income of $105,846 (2022). A two-bedroom unit at the Small Area FMR costs $19,800 a year, or 19% of that income.