Logo Merrick County Fair Market Rent FY 2020 Merrick County, NE HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Merrick County, NE :
$498 $530 $698 $942 $946
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Merrick County are very low compared to the national average. This FMR area is less expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Merrick County is $698 per month.

The previous year, rent for a two-bedroom home was $700 per month. This is a 0.29% decrease year-over-year.

This FMR rate applies to Chapman, NE, Silver Creek, NE, Genoa, NE, Fullerton, NE, Central City, NE and other cities within the region. The Metro Code or CBSA code for this region is METRO24260N31121.

Additionally, This Fair Market Rent (FMR) area Merrick County, NE HUD Metro FMR Area spans one county or city in Nebraska which is listed in the table below. Estimated population of Merrick County, NE HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Nebraska, the Merrick County FMR area is less expensive than 62% 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 Merrick County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Merrick 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 $ 498
1-BR 1-Bedroom $ 530
2-BR 2-Bedroom $ 698
3-BR 3-Bedroom $ 942
4-BR 4-Bedroom $ 946
Change Year:

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

County / Region Est. Population
Merrick County, NE Metro 0
Zip Codes in Merrick County, NE HUD Metro FMR Area

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

68638, 68640, 68663, 68826 and 68827

Lookup Fair Market Rent by Zip Code