Buffalo County, NE

2024 Fair Market Rents

Tags: 2024 Nebraska

Return to the state page to see where Nebraska ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Buffalo County are Kearney, Gibbon, Ravenna, and Elm Creek. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Buffalo County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Buffalo County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Buffalo County compare?

Buffalo County ($960) has a 6.4% higher FMR for 2-Bedroom housing than the average of Nebraska ($902) and therefore a higher gross rent.

Buffalo County is rank 6th out of 93 counties. This means the FMRs, or in other words, the gross rent is higher than 87 other counties. Buffalo County is the 6th most expensive county in terms of FMRs.

Rent Tables Buffalo County, NE

Fair Market Rent (40th Percentile)

$651
studio
$758
1-Bedroom
$960
2-Bedroom
$1,281
3-Bedroom
$1,629
4-Bedroom

Median Rent (50th Percentile)

$685
studio
$798
1-Bedroom
$1,010
2-Bedroom
$1,348
3-Bedroom
$1,714
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
68869 $0 $800 $990 $1,270 $1,460
68876 $0 $730 $910 $1,160 $1,340
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
68869 $612 $720 $891 $1,143 $1,314
68876 $558 $657 $819 $1,044 $1,206
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
68869 $748 $880 $1,089 $1,397 $1,606
68876 $682 $803 $1,001 $1,276 $1,474

Fair Market Rents on this page apply to the following cities in Buffalo County, Nebraska: Kearney, Gibbon, Ravenna, Elm Creek, Shelton, Pleasanton, Amherst, Hildreth, Hazard, Mason City, Miller, Odessa, and Riverdale.

These Fair Market Rents also apply to the following ZIP codes in Buffalo County, Nebraska: 68845, 68847, 68840, 68869, 68836, 68876, 68848, 68866, 68812, 68947, 68844, 68849, 68855, 68858, 68861, and 68870.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.