Section 8 Fair Market Rent (FMR) for ZIP 68367 - 2027

Location: York County, NE | Metro: Seward County, NE HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$790
2 Bedrooms	$1,010
3 Bedrooms	$1,280
4 Bedrooms	$1,420
5 Bedrooms	$1,647
6 Bedrooms	$1,845
7 Bedrooms	$1,993
8 Bedrooms	$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

342

Median Household Income

$67,500

Housing Units

219

Renter Percentage

15.4%

Occupancy Rate

74.0%

Renter Occupied

The ZIP code 68367 in York County, NE presents a unique profile when compared to other ZIP codes within its metro area. With a Fair Market Rent (FMR) of $870 for fiscal year 2024, it stands above the average market rent of $725. This suggests that 68367 is positioned slightly higher in terms of rental costs, indicating a potentially more desirable living environment or higher standard of housing.

The median home value in 68367 is $217,258, which is likely representative of the broader York County, NE metro area. However, the renter share at 15.4% is noteworthy. Typically, a higher percentage of renters can signal areas where there is a significant presence of Section 8 housing due to the affordability of renting over buying. In this case, despite the higher-than-market rent, the home values do not indicate a premium sub-market. Instead, the relatively low home values coupled with a higher renter share suggest that 68367 could be an attractive location for landlords and investors looking for properties that cater to Section 8 tenants.

To further contextualize 68367's position within the York County, NE metro, consider the following:

FMR vs. Market Rent: The FMR being higher than the market rent indicates that government-subsidized rents might cover a larger portion of the actual rent charged, making it easier for landlords to secure tenants through the Section 8 program.
Renter Share: A 15.4% renter share is higher than what might be expected in a typical suburban setting, suggesting a concentration of renters who may benefit from Section 8 assistance.
Home Values: At $217,258, the home values are not particularly high, which means that the cost of entry into this market is relatively low, making it a potential value pocket for investors seeking affordable properties.

In summary, ZIP code 68367 appears to be a mid-tier neighborhood with characteristics that make it a favorable option for landlords and small-portfolio investors interested in Section 8 properties. The combination of higher FMRs, a substantial renter share, and reasonable home values points towards a sweet spot for such investments within the York County, NE metro.

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.