Fair Market Rent
Efficiency
$666
1 Bedroom
$760
2 Bedroom
$961
3 Bedroom
$1,311
4 Bedroom
$1,463
Metro/FMR area: Phelps County, NE
Source: HUD Fair Market Rents, 2026. Monthly rent, per unit.
Drought Conditions
D2 — Severe DroughtWeek of Tue Aug 18 2026. Source: U.S. Drought Monitor (NDMC/USDA/NOAA).
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Frequently Asked Questions
What is the Fair Market Rent for a 2-bedroom in Phelps County?
HUD's Fair Market Rent for a 2-bedroom unit in Phelps County is $961/month for 2026.
What is the Fair Market Rent for a 1-bedroom in Phelps County?
HUD's Fair Market Rent for a 1-bedroom unit in Phelps County is $760/month for 2026.