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RentData.org Logo Cherry County Fair Market Rent FY 2019 Cherry County, NE Rental Data

Fair Market Rent Prices in Cherry County, NE :
$457 $611 $700 $980 $983
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Cherry County are low compared to the national average. This FMR area is less expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cherry County is $700 per month.

The previous year, rent for a two-bedroom home was $653 per month. This is a 7.2% increase year-over-year.

This FMR rate applies to Seneca, NE, Cody, NE, Crookston, NE, Kilgore, NE, Merriman, NE, Nenzel, NE, Sparks, NE, Wood Lake, NE, Ashby, NE, Thedford, NE and other cities within the region. The Metro Code or CBSA code for this region is NCNTY31031N31031.

Additionally, This Fair Market Rent (FMR) area Cherry County, NE spans one county or city in Nebraska which is listed in the table below. Estimated population of Cherry County, NE FMR area is 5,713 people based on latest Census data.

Compared to the rest of Nebraska, the Cherry County FMR area is less expensive than 54% of the state.

Nebraska Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cherry County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cherry County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 523
1-BR 1-Bedroom $ 700
2-BR 2-Bedroom $ 801
3-BR 3-Bedroom $ 1121
4-BR 4-Bedroom $ 1125
Change Year:

There is just one county (listed below) within the Cherry County, NE FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: North Platte and Denver.

County / Region Est. Population
Cherry County, NE 5,713
Zip Codes in Cherry County, NE

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

69161, 69166, 69201, 69211, 69212, 69216, 69218, 69219, 69220, 69221, 69333 and 69343

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