Section 8 Fair Market Rent (FMR) for ZIP 68641 - 2027

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

Investment Score for ZIP 68641

N/A

Monthly Rent (2BR)

$1,070

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$890
2 Bedrooms	$1,070
3 Bedrooms	$1,280
4 Bedrooms	$1,410
5 Bedrooms	$1,636
6 Bedrooms	$1,832
7 Bedrooms	$1,979
8 Bedrooms	$2,078

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,280	$276,404	0.46%	F
4BR	$1,410	$362,752	0.39%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

939

Median Household Income

$80,625

Housing Units

503

Renter Percentage

20.0%

Occupancy Rate

80.5%

Renter Occupied

The ZIP code 68641, located in the heart of rural Nebraska, offers a stable environment for real estate investment. The area benefits from a low cost of living compared to urban centers while still providing access to essential services and amenities.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960, indicating a moderate increase in rental values over the next few years.
The current market rent, according to the Census American Community Survey (ACS), stands at $632. This suggests that properties in 68641 are currently undervalued relative to the FMR, presenting an opportunity for appreciation.
The median home value in the area is $263,571, which is relatively affordable for both first-time buyers and investors looking to diversify their portfolio.
Renters make up 20.0% of the housing market, showing a steady demand for rental properties but also indicating that a significant portion of the population prefers homeownership.
The median income for residents is $80,625, providing a solid economic foundation that supports the ability of tenants to pay rent and homeowners to afford mortgage payments.

Investors considering the ZIP code 68641 can expect a modest yet reliable return on investment. With rental values currently below the projected FMR and a median income that supports housing affordability, there is potential for rental income growth and property appreciation. However, the relatively high proportion of homeowners means that the rental market, while stable, might not experience explosive growth. This makes 68641 a suitable choice for those seeking a conservative investment strategy in a region with strong fundamentals.

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.