The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Nance County, NE, NE

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Nance County, NE, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $532 to a high of $650, with an average of $591.
One-bedroom: One-bedroom rental prices vary, with a minimum of $598, a maximum of $730, and an average of $664.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $785, peaking at a maximum of $959, and averaging at $872.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $993, a maximum of $1,213, and an average of $1,103.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,047 to a maximum of $1,279, with an average of $1,163.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Nance County, NE Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Nance County, NE, NE Low Rent (90%) $532 $598 $785 $993 $1,047
Average Rent $591 $664 $872 $1,103 $1,163
High Rent(110%) $650 $730 $959 $1,213 $1,279
2023 Nance County, NE, NE Low Rent (90%) $506 $565 $743 $953 $1,010
Average Rent $562 $628 $826 $1,059 $1,122
High Rent (110%) $618 $691 $909 $1,165 $1,234
2022 Nance County, NE, NE Low Rent (90%) $456 $534 $681 $930 $933
Average Rent $507 $593 $757 $1,033 $1,037
High Rent(110%) $558 $652 $833 $1,136 $1,141
2021 Nance County, NE, NE Low Rent (90%) $436 $516 $661 $869 $937
Average Rent $484 $573 $734 $966 $1,041
High Rent (110%) $532 $630 $807 $1,063 $1,145
2020 Nance County, NE, NE Low Rent (90%) $410 $519 $628 $800 $1,040
Average Rent $455 $577 $698 $889 $1,156
High Rent(110%) $501 $635 $768 $978 $1,272
2019 Nance County, NE, NE Low Rent (90%) $411 $550 $630 $789 $1,016
Average Rent $457 $611 $700 $877 $1,129
High Rent (110%) $503 $672 $770 $965 $1,242
2018 Nance County, NE, NE Low Rent (90%) $383 $512 $588 $737 $910
Average Rent $426 $569 $653 $819 $1,011
High Rent(110%) $469 $626 $718 $901 $1,112
2017 Nance County, NE, NE Low Rent (90%) $377 $437 $581 $727 $901
Average Rent $419 $486 $646 $808 $1,001
High Rent (110%) $461 $535 $711 $889 $1,101


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