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RentData.org Logo Lincoln Fair Market Rent FY 2011 Lincoln, NE HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lincoln, NE :
$463 $520 $661 $927 $1,124
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lincoln are high compared to the national average. This FMR area is more expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lincoln is $661 per month.

The previous year, rent for a two-bedroom home was $652 per month. This is a 1.38% increase year-over-year.

This FMR rate applies to Sprague, NE, Panama, NE, Garland, NE, Davey, NE, Walton, NE, Martell, NE, Pleasant Dale, NE, Malcolm, NE, Denton, NE, Valparaiso, NE and other cities within the region. The Metro Code or CBSA code for this region is METRO30700M30700.

Additionally, This Fair Market Rent (FMR) area Lincoln, NE HUD Metro FMR Area spans one county or city in Nebraska which is listed in the table below. Estimated population of Lincoln, NE HUD Metro FMR Area FMR area is 250,291 people based on 2000 Census data.

Compared to the rest of Nebraska, the Lincoln FMR area is more expensive than 96% of the state.

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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 Lincoln. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lincoln

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 $ 494
1-BR 1-Bedroom $ 558
2-BR 2-Bedroom $ 711
3-BR 3-Bedroom $ 995
4-BR 4-Bedroom $ 1231
Change Year:

There is just one county (listed below) within the Lincoln, NE HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Omaha and Lincoln & Hstngs - Krny.

County / Region Est. Population
Lancaster County, NE Metro 250,291
Zip Codes in Lincoln, NE HUD Metro FMR Area

There are 42 unique zip codes in this Fair Market Rent (FMR) area:

68017, 68065, 68317, 68333, 68336, 68339, 68360, 68372, 68402, 68404, 68419, 68423, 68428, 68430, 68438, 68461, 68501, 68502, 68503, 68504, 68505, 68506, 68507, 68508, 68510, 68512, 68514, 68516, 68517, 68520, 68521, 68522, 68523, 68524, 68526, 68527, 68528, 68529, 68531, 68532, 68542 and 68588

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