Section 8 Fair Market Rent (FMR) for ZIP 68725 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The ZIP code 68725, located in the heart of rural Nebraska, offers a unique investment opportunity for landlords and small-portfolio investors. This area is characterized by its stable economy, low population density, and a housing market that reflects both affordability and demand for rental properties.

• Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030. This figure represents the maximum amount that a landlord can charge for a unit under the Section 8 program, ensuring a predictable income stream for investors participating in the program.
• The current market rent for the area is $800 per month, according to the latest Census American Community Survey (ACS). This indicates that there is room for growth in rental prices, especially for those willing to meet or slightly exceed the FMR to attract tenants outside of the Section 8 program.
• The median home value in ZIP 68725 stands at $155,648. This relatively low cost makes it an attractive location for first-time homebuyers and investors looking to purchase property at a lower entry point compared to urban centers.
• Renters make up 14.9% of the local housing market. While this percentage is modest, it suggests a steady demand for rental properties, particularly for those who may not qualify for homeownership due to financial constraints or preference for renting.
• The median income for residents is $54,583. This income level supports the current rental rates but also leaves some room for price increases without significantly deterring potential renters.
• Average Days on Market (DOM) is not applicable (N/A) for the area. This likely indicates that properties are not typically listed for sale, which could mean that the local real estate market is more stable and less speculative than in other regions.

Investors should consider ZIP 68725 as a solid choice for rental property investments, given the alignment between market rents and the FMR. The low median home values provide an opportunity for affordable entry points, while the median income supports current rental pricing with potential for slight increases. The modest renter share suggests a consistent but not overwhelming demand, making it a balanced market for both passive and active management strategies. Overall, the stability and predictability of this rural market offer a reliable investment environment, particularly for those interested in the Section 8 program.

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.