Location: Butler County, NE | Metro: Saunders County, 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 | $790 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,410 | $302,505 | 0.47% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 68626 reveals a market that is neither purely high-yield nor entirely stable, but rather a blend of both characteristics. With a Fair Market Rent (FMR) of $930 for fiscal year 2024, the rental price in this area significantly exceeds the market rent of $756, indicating a potential for higher yields when properties are rented at FMR rates.
However, the stability of the market is questionable due to several factors. The median home value stands at $292,826, which is relatively high compared to the median household income of $96,250. This suggests that the cost of living in this ZIP code might be a challenge for some renters, especially given that only 12.6% of residents are renters. The low percentage of renters could mean that there is limited demand for rental properties, which in turn can affect the occupancy rate and the overall stability of rental income.
The lack of data on the number of days on market (DOM) further complicates the assessment of stability. Without this information, it's difficult to gauge how quickly rental units can be filled or how competitive the market is for landlords trying to attract tenants. However, the combination of a higher FMR and a lower percentage of renters points towards a market where high yields come with a risk of instability.
To summarize, ZIP 68626 leans towards being a high-yield market due to the significant gap between FMR ($930) and market rent ($756), but the stability is compromised by the low percentage of renters (12.6%) and the high cost of housing relative to income. This makes it a risky investment for those looking for steady cash flow, but potentially rewarding for those willing to take on the volatility associated with higher yields.
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.