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 | $1,390 |
| 1 Bedroom | $1,510 |
| 2 Bedrooms | $1,720 |
| 3 Bedrooms | $2,310 |
| 4 Bedrooms | $2,780 |
| 5 Bedrooms | $3,225 |
| 6 Bedrooms | $3,612 |
| 7 Bedrooms | $3,901 |
| 8 Bedrooms | $4,096 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,720 | $250,219 | 0.69% | D |
| 3BR | $2,310 | $275,534 | 0.84% | C |
U.S. Census Bureau data (2024)
The ZIP code 68073, located in Yutan, Nebraska, falls within the Saunders County, NE HUD Metro FMR Area. Its Fair Market Rent (FMR) of $970 for fiscal year 2024 is lower than the market rent of $1,438, indicating that it offers rental properties at a discount compared to what the market demands. This suggests that 68073 could be considered a value pocket within the metro area, as it provides affordable housing options for low-income renters.
The median home value in 68073 is $375,075, which is higher than the average home value in many other ZIP codes within the county. However, when paired with a relatively high renter share of 16.0%, this combination can signal a favorable environment for landlords participating in the Section 8 program. A higher renter share often means a larger pool of potential tenants who qualify for Section 8 assistance, while the above-average home value indicates that the area is still attractive for homeowners.
Comparatively, the FMR of $970 is notably lower than the market rent of $1,438, suggesting that landlords in 68073 can offer rents that are both competitive and compliant with HUD guidelines. This gap between FMR and market rent also implies that there might be opportunities for landlords to charge slightly above the FMR without pricing out tenants eligible for Section 8 subsidies.
Given the specific figures, it is clear that ZIP 68073 presents a unique opportunity within the Saunders County, NE HUD Metro FMR Area. It is neither a premium sub-market nor a typical mid-tier neighborhood but rather a value pocket where the affordability of rentals aligns well with the Section 8 program's limits, while still maintaining a respectable home value that keeps the area desirable for a broader range of residents.
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.