Location: Saline County, NE | Metro: Saline County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,490 |
| 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 ZIP code 68445, located in a county with a unique demographic profile, stands out due to its low population density and specific rental market characteristics. With only 161 residents, it represents a sparsely populated area. Among these residents, 38.3% are renters, indicating a notable segment of the population relies on rental housing. The median income here is $60,625, which provides a baseline understanding of the economic capacity of the residents.
A critical aspect for landlords and small-portfolio investors is the Federal Market Rent (FMR) figure for the upcoming fiscal year. For ZIP 68445, the FMR is set at $1,010 for metro FY 2026. This figure is crucial because it influences the amount of Section 8 vouchers that tenants can receive. However, the lack of specific market rent data makes it challenging to directly compare the FMR against local rental rates. Landlords should be aware that while the FMR offers a guideline, actual rental agreements might need to adjust based on the local housing market dynamics.
The data signature for ZIP 68445 reads as "stable." Despite the limited population size, the consistent percentage of renters and the established median income suggest a predictable environment for those managing rental properties. The absence of a median home value indicates that homeownership may not be as prevalent as renting, further emphasizing the importance of the rental market in this ZIP code. Given the stability of the current data points, investors can expect a reliable, though modest, tenant base supported by Section 8 vouchers. However, the reliance on FMR without a direct comparison to local market rents means that landlords must stay informed about any changes in the local rental landscape to ensure their properties remain competitive and financially viable.
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.