ZIP 69201 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 69201 in the Cherry County, NE FMR area.

Cherry County, NE

$830Efficiency

$9001 bedroom

$1,1502 bedrooms

$1,4603 bedrooms

$1,6004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$807
1 bedroom	$900	$810	$990	$852
2 bedrooms	$1,150	$1,035	$1,265	$1,114
3 bedrooms	$1,460	$1,314	$1,606	$1,392
4 bedrooms	$1,600	$1,440	$1,760	$1,516

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

Todd County, SD

$830Efficiency

$9001 bedroom

$1,1502 bedrooms

$1,4603 bedrooms

$1,6004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$706
1 bedroom	$900	$810	$990	$892
2 bedrooms	$1,150	$1,035	$1,265	$1,014
3 bedrooms	$1,460	$1,314	$1,606	$1,404
4 bedrooms	$1,600	$1,440	$1,760	$1,599

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

Income in ZIP 69201

$67,948average adjusted gross income per tax return (2022)

$39,107average salaries and wages per return

1,760tax returns filed

20%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	31.8%
$25,000 to $50,000	25.0%
$50,000 to $75,000	15.3%
$75,000 to $100,000	10.2%
$100,000 to $200,000	13.1%
$200,000 or more	4.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 69201?

HUD's FY2027 Small Area FMRs for ZIP 69201 (Cherry County, NE) are $830 efficiency, $900 one bedroom, $1,150 two bedrooms, $1,460 three and $1,600 four bedrooms.

What payment standard can a housing authority set in ZIP 69201?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,035 to $1,265.

How affordable is rent in ZIP 69201?

Tax returns filed from ZIP 69201 reported an average adjusted gross income of $67,948 (2022). A two-bedroom unit at the Small Area FMR costs $13,800 a year, or 20% of that income.