Location: Seward County, NE | Metro: Seward County, NE HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 68330, located in Seward County, NE HUD Metro FMR Area, reveals key insights for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $910 for fiscal year 2024. However, the lack of available market rent data means that direct comparisons cannot be made, leaving us to infer the financial dynamics based on the FMR alone.
Voucher tenants in this area will generally cashflow at the FMR rate, assuming standard efficiency or one-bedroom units. This is due to the relatively low FMR compared to typical maintenance and vacancy costs associated with rental properties. For higher-end or premium units, the cashflow situation could be marginal, depending on the specific unit's condition and location.
The median home value data for ZIP 68330 is also unavailable, which makes deriving an exact rent-to-price ratio challenging. Nonetheless, it's worth noting that the absence of this data does not necessarily indicate poor investment potential; rather, it highlights the need for thorough local market research before making any investment decisions.
In terms of days on market (DOM) and price-cut share, there is insufficient data to provide a detailed analysis. These metrics typically influence the rent-versus-buy decision-making process for residents but do not directly impact the financial outcomes for Section 8 investors unless they are considering buying homes to convert into rental properties.
The strongest angle for investors in ZIP 68330 remains cashflow, given the established FMR rates and the likelihood of maintaining steady tenant occupancy through the Section 8 program. While appreciation and stability are also important factors, the predictability of income from voucher tenants at or near the FMR provides a solid foundation for investment success.
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.