Nebraska · HUD FY2026 Fair Market Rents · Updated

Rent in Otoe County, NE

HUD puts rent for a two-bedroom in Otoe County, NE at $1,028 a month for 2026, and a one-bedroom at $783. Keeping the two-bedroom under 30% of income takes $19.77 an hour full time, or $41,120 a year. The typical household there would spend 15% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,112 (up 8.2%).

Rent in Otoe County, NE at a glance

2-bedroom rent (HUD)

$1,028$12,336 a year · HUD fiscal year 2026From October 1, 2026: $1,112 (+8.2%)
Studio$713$14/hr needed
1 bedroom$783$15/hr needed
Wage a 2-bedroom takes$19.77an hour, 40 hours a week
3 bedrooms$1,371$26/hr needed

How much rent can you afford in Otoe 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$1,028Monthly market rent
Share of gross income15%Recommended max: 30%
Annual income needed$41,120To meet the 30% standard
Max affordable rent$2,055At 30% of $82,188
0%30% (Affordability standard)100%
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Rent in Otoe 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 Otoe County, NE, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$713$8,556$28,520$13.71/hr
1 bedroom$783$9,396$31,320$15.06/hr
2 bedroomsMost searched$1,028$12,336$41,120$19.77/hr
3 bedrooms$1,371$16,452$54,840$26.37/hr
4 bedrooms$1,432$17,184$57,280$27.54/hr

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

Rent in Otoe County, NE: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,112 for a two-bedroom, up 8.2% from $1,028. A one-bedroom goes from $783 to $850, a studio from $713 to $805.

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 Otoe County, NE?

HUD's Fair Market Rent for 2026 is $783 for a one-bedroom and $1,028 for a two-bedroom, utilities included. That is $12,336 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 Otoe County, NE?

To keep a $1,028 two-bedroom at 30% of gross pay, one full-time worker needs $19.77 an hour, or $41,120 a year. A one-bedroom at $783 takes $15.06 an hour.

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

At HUD's 2026 Fair Market Rent: studio $713, one bedroom $783, two $1,028, three $1,371 and four $1,432 a month.

Is rent affordable in Otoe County, NE?

For the typical household, earning $82,188 a year ($6,849 a month, Census ACS), a two-bedroom at $1,028 takes 15% 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: ($1,028 × 12) ÷ 0.30 = $41,120. Divided by 2,080 working hours, that is $19.77 an hour.