Nebraska · HUD FY2026 Fair Market Rents · Updated

Rent in Dakota County, NE

HUD puts rent for a two-bedroom in Dakota County, NE at $1,154 a month for 2026, and a one-bedroom at $925. Keeping the two-bedroom under 30% of income takes $22.19 an hour full time, or $46,160 a year. The typical household there would spend 19.7% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,194 (up 3.5%).

Rent in Dakota County, NE at a glance

2-bedroom rent (HUD)

$1,154$13,848 a year · HUD fiscal year 2026From October 1, 2026: $1,194 (+3.5%)
Studio$796$15/hr needed
1 bedroom$925$18/hr needed
Wage a 2-bedroom takes$22.19an hour, 40 hours a week
3 bedrooms$1,386$27/hr needed

How much rent can you afford in Dakota County, NE?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,154Monthly market rent
Share of gross income19.7%Recommended max: 30%
Annual income needed$46,160To meet the 30% standard
Max affordable rent$1,758At 30% of $70,329
0%30% (Affordability standard)100%
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Rent in Dakota 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.

HUD Fair Market Rent in Dakota County, NE, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$796$9,552$31,840$15.31/hr
1 bedroom$925$11,100$37,000$17.79/hr
2 bedroomsMost searched$1,154$13,848$46,160$22.19/hr
3 bedrooms$1,386$16,632$55,440$26.65/hr
4 bedrooms$1,528$18,336$61,120$29.38/hr

Cost of living in Dakota County, NE: income, prices and a budget →

Rent in Dakota County, NE: common questions

How much is rent going up in Dakota County, NE in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,194 for a two-bedroom, up 3.5% from $1,154. A one-bedroom goes from $925 to $965, a studio from $796 to $831.

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 Dakota County, NE?

HUD's Fair Market Rent for 2026 is $925 for a one-bedroom and $1,154 for a two-bedroom, utilities included. That is $13,848 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 Dakota County, NE?

To keep a $1,154 two-bedroom at 30% of gross pay, one full-time worker needs $22.19 an hour, or $46,160 a year. A one-bedroom at $925 takes $17.79 an hour.

How much is a 1, 2 or 3-bedroom apartment in Dakota County, NE?

At HUD's 2026 Fair Market Rent: studio $796, one bedroom $925, two $1,154, three $1,386 and four $1,528 a month.

Is rent affordable in Dakota County, NE?

For the typical household, earning $70,329 a year ($5,861 a month, Census ACS), a two-bedroom at $1,154 takes 19.7% 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: ($1,154 × 12) ÷ 0.30 = $46,160. Divided by 2,080 working hours, that is $22.19 an hour.