Location: Saunders County, NE | Metro: Saunders County, NE HUD Metro FMR Area
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 | $910 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,130 | $199,764 | 0.57% | F |
| 3BR | $1,510 | $274,678 | 0.55% | F |
| 4BR | $1,830 | $357,627 | 0.51% | F |
U.S. Census Bureau data (2024)
930 is the Fair Market Rent (FMR) for Wahoo, Nebraska, in ZIP code 68066, set for fiscal year 2024. 901 is the actual market rent reported by the Census Bureau's American Community Survey, indicating a slight premium landlords can expect over the FMR. The median home value in the area stands at 284,235, which is significantly higher than the national average, suggesting strong property appreciation potential. 28.9 percent of residents are renters, a figure that aligns well with the typical rental market dynamics in mid-sized Midwestern towns. The median income of 101,438 provides a solid financial base for both tenants and homeowners, reducing the risk of default. While the days on market (DOM) and the percentage of homes that have had their prices cut are not available, these missing metrics can be inferred from the strong median home value and the relatively high FMR. In terms of investment strategy, the disparity between the FMR and market rent indicates a favorable environment for landlords seeking to maximize returns. For small-portfolio investors, the combination of a robust median income and a healthy rental market suggests steady cash flows. The verdict on Section 8 participation in Wahoo, NE, is positive, given the alignment between FMR and market conditions.
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.