Section 8 Fair Market Rent (FMR) for ZIP 68501 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 68501, located in Nebraska, represents a niche market for real estate investment, particularly for those interested in Section 8 housing opportunities. The area offers a stable environment for landlords and small-portfolio investors due to its reliance on government-subsidized housing programs.

• The Fair Market Rent (FMR) for ZIP 68501 in fiscal year 2024 is set at $1070.
• The median home value in the area is currently listed as N/A, indicating a lack of recent sales data.
• The percentage of renters in the area is N/A, which suggests that the data on tenant demographics is incomplete or outdated.
• The Days on Market (DOM) for properties in this ZIP code is N/A, making it difficult to assess how quickly homes are selling or renting.
• The median household income for ZIP 68501 is also marked as N/A, reflecting insufficient data to provide a clear picture of the economic status of the residents.

Given the limited data available, the most concrete figure for investors is the Fair Market Rent at $1070, which can be used as a benchmark for rental pricing. However, the absence of key metrics such as median home value, renter share, DOM, and median income complicates a comprehensive analysis. For landlords and small-portfolio investors looking to enter this market, focusing on properties that qualify for Section 8 subsidies is advisable, as it provides a predictable revenue stream based on the FMR. Investors should proceed with caution, given the lack of detailed market data, and consider supplementary research to fill in these gaps before making any investment decisions.

Data Sources: FMR data from HUD (2027).

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.