Location: Cedar County, NE | Metro: Cedar County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The ZIP code 68736 is primarily a homeowner-dominated area rather than a renter-heavy zone. With only 10.0% of the population renting, the demand for rental properties using Section 8 vouchers is likely to be lower compared to areas with higher percentages of renters.
The median household income in this area is $84,063, which provides context for understanding the financial situation of potential tenants. The market rent stands at $1,042 per month, which represents approximately 12.5% of the median household income. This percentage suggests that while rent is a significant portion of income, it is still manageable for most households.
Comparing the market rent to the Fair Market Rent (FMR) of $960, which is set for fiscal year 2026, indicates that the market rent is slightly above the FMR threshold. This means that landlords in ZIP 68736 who wish to participate in the Section 8 program will need to ensure their rents do not exceed the FMR to qualify for voucher assistance.
A landlord in this ZIP code can expect a tenant profile that includes individuals and families who are likely to have a mix of employment statuses, given the median income level. Some tenants may require voucher assistance due to the disparity between market rent and FMR, but the overall demand for such assistance is expected to be moderate.
To summarize, while there is some demand for Section 8 vouchers, it is not overwhelming. Landlords should prepare for a tenant pool that is financially stable enough to handle rent costs close to the FMR without extensive reliance on housing subsidies. However, offering competitive rents that align with the FMR could attract tenants who benefit from voucher programs, ensuring a steady occupancy rate.
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.