FairRentWize

Lincoln Fair Market Rent 2026

HUD Fair Market Rent data for the Lincoln metropolitan area. Median household income: $40,210/year. Vacancy rate: 7.6%.

2BR FMR

$835/mo

Median Income

$40,210

Vacancy Rate

7.6%

Rent Burden

24.9%

Fair Market Rent by Bedroom Size

Studio$561/mo
1 Bedroom$685/mo
2 Bedroom$835/mo
3 Bedroom$1,007/mo
4 Bedroom$1,216/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $40,210/year can afford up to $1,005/mo in rent.

The 2BR FMR of $835/mo represents 24.9% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 7.6% in Lincoln indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.

Frequently Asked Questions

What is the average rent in Lincoln?

The 2026 HUD FMR for a 2-bedroom in the Lincoln metro area is $835/month. 1BR: $685, 3BR: $1,007.

What is the vacancy rate in Lincoln?

The rental vacancy rate in Lincoln is 7.6%. A rate below 5% typically indicates a tight rental market.

Is Lincoln affordable for renters?

With a median income of $40,210 and 2BR rent at $835/mo, rent takes about 25% of income in Lincoln.

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