What is the Fair Market Rent in Township 7, NE?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,230 to $1,780 a month across the 4 ZIP codes that cover Township 7.
By ZIP code: 68068 $1,670, 68034 $1,360, 68002 $1,230, 68007 $1,780.
Across the whole Omaha-Council Bluffs, NE-IA HUD Metro FMR Area the two-bedroom figure is $1,450.
The Census Bureau’s median gross rent for a two-bedroom home in Township 7 is $1,054 (±$122), below the Small Area figure for ZIP 68068.
Figures last updated on .
- 2 bedrooms, whole area
- $1,450
- 2 bedrooms, ZIP 68068
- $1,670
- 2 bedrooms, ZIP 68034
- $1,360
- 2 bedrooms, ZIP 68002
- $1,230
Fair Market Rents for Township 7, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Omaha-Council Bluffs, NE-IA HUD Metro FMR Area (whole area) | $1,167 | $1,219 | $1,450 | $1,924 | $2,179 | — |
| ZIP 68068 | $1,340 | $1,400 | $1,670 | $2,210 | $2,500 | — |
| ZIP 68034 (62% of the ZIP’s land is in this place) | $1,090 | $1,140 | $1,360 | $1,800 | $2,040 | $1,106 |
| ZIP 68002 (37% of the ZIP’s land is in this place) | $990 | $1,030 | $1,230 | $1,630 | $1,850 | $1,033 |
| ZIP 68007 (26% of the ZIP’s land is in this place) | $1,430 | $1,500 | $1,780 | $2,360 | $2,670 | $1,612 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Township 7
What is the Section 8 payment standard in Township 7?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area is $1,450, and the Small Area figure for 68068 is $1,670.
What is the Fair Market Rent for a two-bedroom in ZIP 68068?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 68068 is $1,670 a month.
What is the Fair Market Rent for a two-bedroom in ZIP 68034?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 68034 is $1,360 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,106 (±$91).
What is the Fair Market Rent for a two-bedroom in ZIP 68002?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 68002 is $1,230 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,033 (±$140).
What is the Fair Market Rent for a one-bedroom in Township 7?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 68068 is $1,400 a month, against $1,219 across the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Omaha-Council Bluffs, NE-IA HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Omaha-Council Bluffs, NE-IA HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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