Boyd County, NE: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0142-bedroom FMR, FY2027

$7751-bedroom FMR, FY2027

$80,95080% income limit, family of 4 (FY2026)

$101,200Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Boyd County is $1,014 a month, up 5.5% from $961 in FY2026. Boyd County belongs to the Boyd County, NE FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Boyd County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$734	$666	+10.2%	$661 – $807
1 bedroom	$775	$732	+5.9%	$698 – $852
2 bedrooms	$1,014	$961	+5.5%	$913 – $1,115
3 bedrooms	$1,255	$1,187	+5.7%	$1,130 – $1,380
4 bedrooms	$1,695	$1,284	+32.0%	$1,526 – $1,864

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Boyd County that is typically $913 to $1,115 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$44,688median income of renter households

$713Median gross rent, all units

19%Rent-to-income ratio (median rent ÷ median renter income)

At the 30% rule, a renter household earning the local median of $44,688 can afford about $1,117 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,014 is $103 (9.2%) less than that. To rent a two-bedroom at the FMR, a household needs $40,560 a year under the 30% rule, or $36,504 under the common landlord rule that income must be three times the rent.

Boyd County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$713 ±$104
Median income of renter households	$44,688 ±$13,250
Rent burden	too few renter households for a reliable share

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$508	$713	+40.4%
Median renter household income	$37,344	$44,688	+19.7%

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Boyd County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $101,200 (FY2025: $94,500, +7.1%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$21,250 +7.1%	$24,300 +7.0%	$27,350 +2.6%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$35,450 +7.1%	$40,500 +7.1%	$45,550 +7.1%	$50,600 +7.1%	$54,650 +7.1%	$58,700 +7.0%	$62,750 +7.1%	$66,800 +7.1%
Low income (80%)	$56,700 +7.1%	$64,800 +7.1%	$72,900 +7.1%	$80,950 +7.1%	$87,450 +7.1%	$93,950 +7.1%	$100,400 +7.1%	$106,900 +7.1%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.