Location: Seward County, NE | Metro: Lincoln, NE HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,160 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,330 |
| 5 Bedrooms | $2,703 |
| 6 Bedrooms | $3,027 |
| 7 Bedrooms | $3,269 |
| 8 Bedrooms | $3,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $223,525 | 0.67% | D |
| 3BR | $2,080 | $290,886 | 0.72% | D |
| 4BR | $2,330 | $346,756 | 0.67% | D |
U.S. Census Bureau data (2024)
The classification of ZIP 68528 in Lincoln, Nebraska, hinges on its financial metrics related to rental yields and market stability. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,300, while the average market rent stands at $1,537. This indicates a decent yield potential for landlords, with a difference of $237 per unit between the FMR and the market rate. Given the median home value of $287,525, the yield appears to be moderate.
On the stability axis, ZIP 68528 shows a 44.9% rental occupancy rate, which is slightly below the national average, suggesting a somewhat stable but not highly secure rental market. The absence of data regarding days on market (DOM) makes it challenging to assess the speed of property turnover, a key indicator of market stability. However, the median household income of $75,740 provides a strong foundation for tenants' ability to pay rent, contributing to a relatively stable cash flow environment.
Based on these figures, ZIP 68528 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The modest yield differential between the FMR and market rates, combined with the solid median income, supports a reliable and consistent income stream for landlords and small-portfolio investors. While the yield isn't exceptionally high, the risk associated with tenant payment reliability is minimized due to the higher median income, making it a safer bet for those prioritizing stability over aggressive returns.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.