ZIP 68152 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 68152 in the Omaha-Council Bluffs, NE-IA FMR area.

$1,040Efficiency
$1,0801 bedroom
$1,2902 bedrooms
$1,7103 bedrooms
$1,9404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,040$936$1,144$1,167
1 bedroom$1,080$972$1,188$1,219
2 bedrooms$1,290$1,161$1,419$1,450
3 bedrooms$1,710$1,539$1,881$1,924
4 bedrooms$1,940$1,746$2,134$2,179

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

Income in ZIP 68152

$121,646average adjusted gross income per tax return (2022)
$72,047average salaries and wages per return
3,190tax returns filed
13%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.8%
$25,000 to $50,00021.0%
$50,000 to $75,00015.0%
$75,000 to $100,00010.7%
$100,000 to $200,00019.4%
$200,000 or more10.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 68152?

HUD's FY2027 Small Area FMRs for ZIP 68152 (Omaha-Council Bluffs, NE-IA) are $1,040 efficiency, $1,080 one bedroom, $1,290 two bedrooms, $1,710 three and $1,940 four bedrooms.

What payment standard can a housing authority set in ZIP 68152?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,161 to $1,419.

How affordable is rent in ZIP 68152?

Tax returns filed from ZIP 68152 reported an average adjusted gross income of $121,646 (2022). A two-bedroom unit at the Small Area FMR costs $15,480 a year, or 13% of that income.