Location: Pierce County, NE | Metro: Pierce County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
The classification of ZIP code 68738 in Unknown, NE, hinges on the available data points regarding rental market performance and economic stability. With a Fair Market Rent (FMR) of $960 for the fiscal year 2026, this figure represents the average rental price for the area under the Section 8 housing assistance program. However, specific market rental rates and median home values are not provided, which limits a comprehensive analysis on the yield aspect.
Despite the lack of precise market rental rates and home values, the FMR of $960 suggests a moderate rental price point. This implies that properties in ZIP 68738 could offer a reasonable yield for landlords and small-portfolio investors, especially if market rents align closely with or exceed the FMR. However, without concrete market data, it's challenging to definitively classify the yield potential as high or moderate.
Moving to the stability axis, there is insufficient data to assess the percentage of renters, days on the market (DOM), and median income levels. These metrics are crucial for understanding the financial health and predictability of the rental market in Unknown, NE. The absence of these figures makes it difficult to gauge the overall stability of the market. For instance, a higher percentage of renters might indicate a stable demand for rental properties, while shorter DOM periods suggest quicker property turnover and less vacancy risk. Similarly, median income levels provide insight into the ability of residents to afford rent consistently.
Given the available data, ZIP 68738 cannot be classified as either a high-yield/low-stability flip-style market or a steady-cashflow zone with certainty. The FMR of $960 suggests potential for moderate yields, but the lack of specific market rental rates and home values means this cannot be confirmed. Stability is equally uncertain due to missing data on renters' percentage, DOM, and median income.
To make a more informed decision, further research is required to fill in the gaps on market rental rates, median home values, and key economic indicators. This additional information would allow for a clearer assessment of whether the market in ZIP 68738 offers high yields with low stability, steady cash flows, or something in between.
Data Sources: FMR data from HUD (2027).
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.