Location: Fillmore County, NE | Metro: Clay County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
13.9% of residents in ZIP 68452 are renters, indicating a modest demand for rental properties. Given this statistic, landlords should be cautious about overpricing their units, as the market may not support it. $63,000 is the median income for the area, which suggests that tenants can afford higher rents, but this must be balanced against the local rental market dynamics. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030, providing a benchmark for rental pricing. This figure represents the maximum allowable rent for Section 8 housing vouchers, ensuring that landlords can receive a fair return on their investment while still being accessible to low-income families. Despite the N/A market rent and median home value, the FMR serves as a reliable indicator for setting rental prices. The lack of data on days on market (DOM) and the percentage of price-cut shares indicates stability in the real estate market, without significant fluctuations in property values or rental vacancy rates. For landlords and small-portfolio investors, focusing on maintaining properties at or below the $1,030 FMR will ensure compliance with Section 8 requirements and attract eligible tenants. Additionally, keeping an eye on the broader economic indicators, such as the median income, can help predict future trends in the rental market. With these considerations, landlords can make informed decisions about their investment strategies in ZIP 68452. The Section 8 program remains a viable option for this area, given the established FMR and the relatively stable rental market.
13.9% of the population renting means landlords need to align their rents closely with the $1,030 FMR to remain competitive and attractive to voucher holders. $63,000 median income supports slightly higher rents but landlords must ensure they do not exceed the FMR to maintain eligibility under the Section 8 program. The absence of specific market rent and median home value data points to a steady market where property values have remained consistent. Days on market and price-cut share data being N/A suggest that there is little urgency for landlords to reduce prices or offer incentives to quickly fill vacancies. This stability offers a predictable environment for small-portfolio investors looking to enter or expand in ZIP 68452. The key to success in this market is adhering to the FMR guidelines and understanding the local tenant base. Landlords who do so will find the Section 8 program to be a solid foundation for their rental operations in this area.
Section 8 Verdict: Eligible and advisable for landlords in ZIP 68452, adhering to the $1,030 FMR ensures compliance and attracts tenants effectively.
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.