Location: Seward County, NE | Metro: Lincoln, NE HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,870 |
| 4 Bedrooms | $2,100 |
| 5 Bedrooms | $2,436 |
| 6 Bedrooms | $2,728 |
| 7 Bedrooms | $2,946 |
| 8 Bedrooms | $3,093 |
U.S. Census Bureau data (2024)
The rent math in ZIP code 68532 does not work favorably for landlords. The Fair Market Rent (FMR) set at $1270 for the fiscal year 2024 is the only figure available, as market rent data is currently N/A. This means that landlords must rely on government-set rates rather than competitive market conditions, which can limit income potential.
Acquisition in this area is moderately affordable, with a median home value of $573,648. However, without specific data on the average days on market (DOM) and the percentage of homes that require price cuts, it's challenging to assess how liquid the real estate market is. Landlords should consider these factors when evaluating investment opportunities in ZIP 68532.
Tenant demand is low in ZIP 68532. With a total population of 785 and a renter share of just 0.0%, securing tenants could be difficult. The lack of renters suggests that most residents own their homes, reducing the pool of potential tenants and increasing competition among landlords for the few available renters.
Verdict: ZIP code 68532 presents challenges for landlords and small-portfolio investors. The reliance on FMR for rental pricing limits flexibility, while the low renter share and lack of detailed market data suggest limited tenant demand and potentially less favorable acquisition terms. Given these factors, it may not be an optimal location for investment unless other compensating factors are present, such as unique property characteristics or long-term strategic planning.
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.