Section 8 Fair Market Rent (FMR) for ZIP 68631 - 2027

Location: Stanton County, NE | Metro: Platte County, NE

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$910
1 Bedroom$970
2 Bedrooms$1,260
3 Bedrooms$1,650
4 Bedrooms$1,660
5 Bedrooms$1,926
6 Bedrooms$2,157
7 Bedrooms$2,330
8 Bedrooms$2,447

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
337
Median Household Income
$86,750
Housing Units
153
Renter Percentage
16.3%
Occupancy Rate
92.2%
Renter Occupied
23

The classification of ZIP code 68631 hinges on its financial metrics, specifically focusing on yield and stability. Yield, which is driven by the Fair Market Rent (FMR), indicates that the metro area's FMR for fiscal year 2026 stands at $1,170. This figure contrasts sharply with the market rate of $625, suggesting a significant potential upside for rental properties in this area. However, the median home value of $283,898 provides context to the overall property costs, balancing the potential rental income against the investment required.

Moving to stability, the ZIP code reveals a 16.3% share of renters, indicating a modest but present demand for rental properties. The lack of data on days on market (DOM) suggests either limited activity or an underreported metric, which could be indicative of a stable market where properties are not frequently changing hands. Additionally, the median household income of $86,750 offers insight into the economic strength of the area, supporting the ability of residents to afford rent payments.

Based on these figures, ZIP 68631 leans towards being a steady-cashflow zone. The disparity between the FMR and the market rate implies that there is room for rental income to outpace typical market rates, providing a decent yield. Simultaneously, the presence of a moderate percentage of renters and a relatively high median income supports a stable environment where tenants can reliably pay rent, reducing the risk of vacancy. While the potential for higher yields exists, the stability metrics do not suggest a volatile market suitable for quick flips or speculative investments. Landlords and small-portfolio investors should find this ZIP code appealing for long-term, consistent cash flow opportunities.

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.