Location: Butler County, NE | Metro: Butler County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The median income in ZIP code 68667 stands at $120,625, placing it well above the national average. However, without specific market rate data for this area, it's challenging to provide a direct comparison on affordability. What we do know is that the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,130, which is the standard payment amount for housing vouchers.
Given the limited number of renters—only 0.0% of the population—and a total population of 110, the competition among landlords is likely minimal. This low percentage of renters suggests that most residents in ZIP 68667 own their homes, potentially indicating a smaller demand for rental properties. The scarcity of rental options could lead to higher market rates, but these remain unspecified.
The affordability gap, when considering the median income against the FMR, is not significant. A household earning $120,625 would find the $1,130 voucher payment standard quite manageable. For context, if we assume a typical renter spends around 30% of their income on housing, then the median income would support a monthly rent expenditure of approximately $3,015. This far exceeds the FMR, suggesting that households in ZIP 68667 have the financial capacity to cover higher rent costs without assistance.
Takeaway: Landlords in ZIP 68667 should consider the limited rental market and the high median income when deciding between voucher tenants and those who pay in cash. While voucher payments are guaranteed and stable, the local population's financial strength might favor cash-paying tenants who can afford higher rents, thus potentially increasing profit margins. However, landlords must also be prepared for a highly competitive environment if they choose to target the few available renters with higher-priced units.
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.