Rent in Cherry County, NE at a glance
2-bedroom rent (HUD)
$1,024$12,288 a year · HUD fiscal year 2026From October 1, 2026: $1,114 (+8.8%)How much rent can you afford in Cherry County, NE?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Cherry County, NE by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $710 | $8,520 | $28,400 | $13.65/hr |
| 1 bedroom | $780 | $9,360 | $31,200 | $15.00/hr |
| 2 bedroomsMost searched | $1,024 | $12,288 | $40,960 | $19.69/hr |
| 3 bedrooms | $1,228 | $14,736 | $49,120 | $23.62/hr |
| 4 bedrooms | $1,368 | $16,416 | $54,720 | $26.31/hr |
Cost of living in Cherry County, NE: income, prices and a budget →
Living and working in Cherry County, NE
Rent in Cherry County, NE: common questions
How much is rent going up in Cherry County, NE in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,114 for a two-bedroom, up 8.8% from $1,024. A one-bedroom goes from $780 to $852, a studio from $710 to $807.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Cherry County, NE?
HUD's Fair Market Rent for 2026 is $780 for a one-bedroom and $1,024 for a two-bedroom, utilities included. That is $12,288 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Cherry County, NE?
To keep a $1,024 two-bedroom at 30% of gross pay, one full-time worker needs $19.69 an hour, or $40,960 a year. A one-bedroom at $780 takes $15.00 an hour.
How much is a 1, 2 or 3-bedroom apartment in Cherry County, NE?
At HUD's 2026 Fair Market Rent: studio $710, one bedroom $780, two $1,024, three $1,228 and four $1,368 a month.
Is rent affordable in Cherry County, NE?
For the typical household, earning $66,270 a year ($5,523 a month, Census ACS), a two-bedroom at $1,024 takes 18.5% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,024 × 12) ÷ 0.30 = $40,960. Divided by 2,080 working hours, that is $19.69 an hour.