Section 8 Fair Market Rent (FMR) for ZIP 68653 - 2027

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

Investment Score for ZIP 68653

N/A

Monthly Rent (2BR)

$1,480

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	$1,070
1 Bedroom	$1,130
2 Bedrooms	$1,480
3 Bedrooms	$1,940
4 Bedrooms	$1,950
5 Bedrooms	$2,262
6 Bedrooms	$2,533
7 Bedrooms	$2,736
8 Bedrooms	$2,873

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	$1,940	$241,864	0.8%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

748

Median Household Income

$99,500

Housing Units

275

Renter Percentage

17.3%

Occupancy Rate

96.7%

Renter Occupied

The ZIP code 68653, located in the heart of Nebraska, offers a stable and growing real estate market that is attractive for both landlords and small-portfolio investors. The area benefits from a mix of residential and commercial properties, with a strong local economy driven by agriculture and small businesses.

The Fair Market Rent (FMR) for ZIP 68653 is set at $1,220 for the fiscal year 2026, indicating a government-backed minimum rental price for the region.
The market rent, based on the latest Census American Community Survey (ACS), stands at $1,620, suggesting that the actual rental prices are above the FMR and reflecting the demand for housing in the area.
The median home value in ZIP 68653 is $277,958, providing a benchmark for property values and potential investment returns.
Renters make up 17.3% of the population, which is relatively low compared to urban areas but still significant enough to support a rental market.
The median household income in the area is $99,500, indicating a solid economic base that supports both homeownership and rental affordability.

The data points suggest that while the rental market in ZIP 68653 is robust, with market rents exceeding the FMR, the relatively low renter share implies that there is room for growth. The median home value and income levels indicate a healthy local economy capable of supporting property investments. For landlords and small-portfolio investors, the area presents a balanced opportunity with steady demand and reasonable returns, especially considering the stability of the local economy and the potential for appreciation in property values over time.

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.