Location: Platte County, NE | Metro: Platte County, NE
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 | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,510 | $252,949 | 0.6% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 68647 reveals a unique balance between yield and stability that does not fit neatly into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it presents an intriguing opportunity for investors who can navigate the nuances of both aspects.
On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,070, which is notably higher than the market rent of $960. This suggests that properties in this ZIP code can command rents above the local average, potentially leading to higher rental income. However, the median home value of $278,183 indicates that purchasing power is significant, but it also means that initial investment costs are relatively high compared to some other areas.
Moving to the stability axis, the ZIP code has a low percentage of renters at only 7.5%, which could indicate a preference for homeownership in the area. This factor leans towards lower stability, as fewer renters mean less consistent demand for rental properties. The lack of available data on days on market (DOM) further underscores the uncertainty around rental turnover rates. Additionally, the median household income of $103,038 is quite robust, suggesting that residents have the financial capability to pay higher rents, which supports the potential for steady cash flow despite the low rental rate.
In summary, ZIP 68647 offers a moderate yield due to its higher-than-market FMR, balanced against a lower stability due to the limited rental market presence. It is neither a clear-cut flip-style market nor a steady-cashflow zone. Investors should consider the robust income levels when evaluating the potential for long-term rental investments, while being cautious about the relatively low demand for rentals and high purchase price of homes.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.