Location: Dixon County, NE | Metro: Cedar 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 | $730 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,310 | $275,111 | 0.48% | F |
U.S. Census Bureau data (2024)
The ZIP code 68739, located within the Dixon County, NE metro, presents a unique profile when compared against typical ZIP codes within the same county. The Fair Market Rent (FMR) for ZIP 68739 is set at $910 for fiscal year 2024, which is notably higher than the average market rent of $613. This suggests that 68739 could be seen as a premium sub-market within the Dixon County metro, especially considering the significant gap between FMR and market rent.
Additionally, the median home value in 68739 is $266,573, which is indicative of a middle-tier neighborhood within the county's broader housing market. This figure does not necessarily align with the premium status implied by the higher FMR, but it does suggest a stable and moderately priced housing environment.
The renter share in 68739 stands at 15.1%, which is slightly above the typical percentage for the county. However, the divergence here is not as pronounced as the difference between FMR and market rent. Given the higher FMR and slightly elevated renter share, 68739 could potentially serve as an attractive location for landlords participating in Section 8 programs, particularly if they aim to capitalize on the higher rental support available.
It's important to note that the higher FMR in 68739 does not automatically translate into higher market rents, indicating that while there might be some opportunities for landlords to charge closer to the FMR, the actual market conditions may present challenges in achieving those higher rents. Therefore, 68739 appears to be a mixed sub-market within the Dixon County metro, offering elements of both a value pocket and a premium sub-market, depending on the specific criteria considered.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.