Location: Pierce County, NE | Metro: Antelope 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 | $770 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,070 | $99,048 | 1.08% | B |
| 3BR | $1,280 | $133,652 | 0.96% | C |
U.S. Census Bureau data (2024)
In evaluating whether to purchase a property in ZIP code 68729 for Section 8 investment, follow this decision tree:
1) Does FMR $1,050 clear debt service on a $151,314 property?
If your property's debt service is less than $1,050 per month, then the answer is yes. For instance, if you finance the property at a rate that results in a monthly mortgage payment of $750, the FMR of $1,050 would cover this amount and provide an additional $300 for other expenses such as maintenance and utilities.
If your debt service exceeds $1,050 per month, then the answer is no. A higher debt service means that the FMR would not be sufficient to cover all costs associated with the property, leading to financial losses.
2) Is market rent $735 above, at, or below FMR?
The market rent of $735 is below the FMR of $1,050. This suggests that properties in ZIP 68729 can potentially be rented out at rates higher than the market average when participating in the Section 8 program, thereby increasing profitability.
3) Are 23.4% renters + N/A-day DOM enough demand?
The percentage of renters at 23.4% indicates moderate demand for rental properties in this area. However, without specific data on the number of days on market (DOM), it is difficult to make a definitive assessment. If the DOM is low, indicating quick turnover of rental listings, then there is likely enough demand to support a Section 8 investment. Conversely, if the DOM is high, suggesting slow rental activity, then demand might not be strong enough to ensure consistent occupancy.
It depends: The decision to invest in ZIP 68729 for Section 8 purposes hinges on the answers to these questions. If the debt service is covered by the FMR and market rents are lower than the FMR, then the investment could be profitable. However, the strength of demand must also be considered. With 23.4% of residents being renters, the potential tenant pool exists, but the key will be the speed at which units are leased. If the DOM is low, then the demand is likely sufficient. If the DOM is high, then it may indicate a riskier investment due to potential vacancy issues.
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.