Section 8 Fair Market Rent (FMR) for ZIP 68062 - 2027

Location: Thurston County, NE | Metro: Thurston County, NE

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$890
1 Bedroom$930
2 Bedrooms$1,010
3 Bedrooms$1,340
4 Bedrooms$1,460
5 Bedrooms$1,694
6 Bedrooms$1,897
7 Bedrooms$2,049
8 Bedrooms$2,151

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
267
Median Household Income
$72,292
Housing Units
119
Renter Percentage
17.8%
Occupancy Rate
89.9%
Renter Occupied
19

ZIP 68062, located in Thurston County, Nebraska, is best suited as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the significant spread between the Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026, which is $960, and the current market rent, estimated at $663. This $297 difference per unit represents a substantial margin that can be leveraged to ensure consistent and reliable cash flow.

The median home value in this ZIP code is currently not available, but the median household income stands at $72,292. This suggests that residents have the financial stability to meet their rental obligations, making it an attractive location for landlords seeking steady income streams.

While the data does not provide a percentage for price-cut share or days on market (DOM), these metrics would typically influence decisions regarding appreciation plays. However, given the lack of specific appreciation indicators, the focus should remain on the cash flow potential offered by the ZIP code.

A cash-flow anchor serves to stabilize a landlord's or investor's revenue stream, especially when dealing with fluctuating markets or uncertain economic conditions. The guaranteed rental income from Section 8 vouchers, combined with the favorable rent-to-income ratio in ZIP 68062, makes it an ideal choice for this role within a diversified investment portfolio.

The 17.8% renter share indicates a moderate level of rental activity in the area, suggesting that there is a sufficient demand for rental properties to support a stable occupancy rate. This further reinforces the suitability of ZIP 68062 as a cash-flow anchor, as it provides a balance between the need for rental units and the ability to secure long-term tenants through the Section 8 program.

In conclusion, ZIP 68062 should be considered a cash-flow anchor in a Section 8 portfolio strategy due to the significant spread between FMR and market rents, coupled with the financial stability of its residents and moderate rental demand.

Data Sources: FMR data from HUD (2027). 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.