Section 8 Fair Market Rent (FMR) for ZIP 68025 - 2027

Investment Score for ZIP 68025

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

A skeptical investor considering ZIP 68025, Fremont, Nebraska, might have several concerns regarding the viability of renting properties under the Section 8 program. Let's address these objections directly.

• Will FMR $990 (zip FY 2024) cover the mortgage on a $253,108 home? The Fair Market Rent (FMR) for ZIP 68025 is set at $990 per month for fiscal year 2024. This amount must be sufficient to cover the mortgage payments on a home valued at $253,108. Based on current interest rates, a typical monthly mortgage payment for a property of this value could range between $750 to $1,200, depending on the down payment and the specific interest rate. At an average rate, the $990 FMR would indeed cover a significant portion of the mortgage but may not fully cover it without additional income or a lower interest rate scenario. However, the FMR is designed to ensure that landlords receive a fair rent amount, and adjustments can be made through down payments or refinancing to align with the FMR.
• Is there enough renter demand at 34.8%? The rental vacancy rate in ZIP 68025 stands at 34.8%, which may initially seem concerning. A high vacancy rate suggests that there is a surplus of rental units relative to the number of renters seeking housing. However, it's important to note that this figure includes all types of rentals, not just those eligible for Section 8. Section 8 participants often have limited options and may be willing to accept higher vacancy rates. Additionally, the local economy and population trends play a crucial role. If Fremont experiences growth or has a stable job market, the demand for rental properties could increase over time. It's also worth noting that the Section 8 program guarantees a steady stream of tenants, reducing the risk associated with high vacancy rates.
• Will vouchers keep pace with $1,154 market rents? The average market rent in ZIP 68025 is $1,154 per month. While the FMR is $990, the Section 8 voucher system allows for some flexibility in covering the gap between the FMR and the actual market rent. Landlords are typically reimbursed up to the FMR plus any reasonable difference between the FMR and the market rent, subject to HUD approval. Therefore, the voucher system should theoretically keep pace with the market rents, ensuring landlords receive a fair reimbursement. However, the exact amount of the voucher can vary based on individual tenant circumstances and the availability of funds in the local housing authority.

In summary, while the data presents challenges such as the rental vacancy rate and the need for the FMR to cover mortgage costs, it also offers reassurances through the guaranteed tenant stream and the potential for voucher adjustments to meet market rents. Investors should conduct further research into local economic conditions and consult with local housing authorities to understand the specifics of voucher disbursement in ZIP 68025.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.