Rental Benchmark Overview
2-Bedroom Benchmark Rent
$993$11,916 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Kearney County, NE
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Kearney County, NE
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $689 | $8,268 | $27,560 | $13.25/hr |
| 1-Bedroom Apartment | $757 | $9,084 | $30,280 | $14.56/hr |
| 2-Bedroom ApartmentStandard Benchmark | $993 | $11,916 | $39,720 | $19.10/hr |
| 3-Bedroom Home | $1,191 | $14,292 | $47,640 | $22.90/hr |
| 4-Bedroom Home | $1,327 | $15,924 | $53,080 | $25.52/hr |
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Frequently Asked Questions About Rent in Kearney County, NE
What is the Fair Market Rent for a 2-bedroom in Kearney County, NE?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Kearney County, NE is $993 per month ($11,916 per year).
What hourly wage is needed to afford rent in Kearney County, NE?
To comfortably afford a 2-bedroom apartment at $993/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.10 per hour ($39,720/year).
What are the HUD Fair Market Rents by bedroom count in Kearney County, NE?
Official 2026 HUD rents in Kearney County, NE are: Studio: $689/mo, 1-Bedroom: $757/mo, 2-Bedroom: $993/mo, 3-Bedroom: $1,191/mo, and 4-Bedroom: $1,327/mo.
How do HUD Fair Market Rents compare to local incomes in Kearney County, NE?
At the local Census ACS median household income of $78,631/year ($6,553/month), the benchmark 2-bedroom Fair Market Rent represents 15.2% of monthly income.
How is the 30% housing affordability standard calculated in Kearney County, NE?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $993/month, the required minimum annual gross income is calculated as ($993 × 12) ÷ 0.30 = $39,720 per year.