Location: York County, NE | Metro: Hamilton County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,780 |
| 5 Bedrooms | $2,065 |
| 6 Bedrooms | $2,313 |
| 7 Bedrooms | $2,498 |
| 8 Bedrooms | $2,623 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 68654 reveals several key points that can inform investment decisions. The HUD Fair Market Rent (FMR) for the area, which is set at $1,060 for the fiscal year 2026, is significantly higher than the average market rent reported by the Census ACS, which stands at $725. This disparity means that voucher tenants will generally cashflow at the FMR rate, providing a substantial buffer between what they pay and the typical rental rates.
To further understand the market dynamics, consider the median home value in ZIP 68654, which is $166,656. Using this figure, we can derive a rent-to-price ratio that helps gauge the attractiveness of rental properties relative to home purchases. With an average market rent of $725, the annual rent would be approximately $8,700, leading to a rent-to-price ratio of about 5.2%. This suggests that renting remains competitive compared to buying, especially given the relatively low median home values.
The days on market (DOM) and price-cut percentages are not available for this analysis; however, the strong cashflow potential indicates that there is little need for aggressive pricing strategies to attract tenants. Voucher holders will cover their rent without requiring significant concessions from landlords, making it easier to maintain property values and occupancy rates.
In conclusion, the strongest investor angle in ZIP 68654 is cashflow. The difference between the HUD FMR and the actual market rent provides a clear opportunity for landlords and small-portfolio investors to generate positive cashflow from Section 8 tenants, ensuring financial stability and profitability.
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.