Location: Burt County, NE | Metro: Burt County, NE
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $147,404 | 0.69% | D |
| 3BR | $1,370 | $208,800 | 0.66% | D |
| 4BR | $1,380 | $297,068 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 68061, located in Tekamah, Nebraska, presents an interesting balance between yield and stability for real estate investors. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which is significantly higher than the local market rate of $642. This disparity indicates a potential for higher rental yields if properties can be leased at the FMR rate. However, the median home value in this area stands at $194,416, suggesting that property acquisition costs are moderate.
Evaluating stability, the ZIP code has a renter occupancy rate of 24.1%, indicating a relatively stable market where a significant portion of the population owns homes rather than rents. While the Days on Market (DOM) figure is not available, this could imply either a strong demand for rentals or a lack of recent transaction data. Additionally, the median household income is $64,556, which provides some assurance that tenants will have the financial means to meet their rental obligations.
Given these factors, ZIP 68061 does not fit neatly into a high-yield/low-stability 'flip-style' market category. Instead, it appears to offer a moderate yield due to the difference between the FMR and market rates, while maintaining a degree of stability through its relatively low renter occupancy rate and decent median income levels. Investors looking for steady cash flow should find this environment suitable, especially if they focus on long-term rental strategies rather than short-term flips. The key figures driving this assessment are the rental price differential and the median income level, both of which suggest a balanced approach to investment in this area.
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.