Location: Holt County, NE | Metro: Holt County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The rent math in ZIP 68742 does not work favorably for landlords. The Fair Market Rent (FMR) set at $960 for the metro area for fiscal year 2026 contrasts sharply with the actual market rent of $775 based on Census ACS data. This indicates that landlords may struggle to charge rents at the FMR level, as the local market is significantly lower.
Acquisition in ZIP 68742 is challenging due to the lack of available data on median home values, days on market (DOM), and the percentage of homes needing price cuts. Without these key metrics, it's difficult to assess the affordability and liquidity of property acquisitions in this area.
Tenant demand in ZIP 68742 is relatively low. With a total population of 376, only 17.8% of residents are renters. This suggests a limited pool of potential tenants, which could make it harder for landlords to find and retain occupants. Given the small number of renters, competition for tenants might be intense, further pressuring rental rates.
Based on the analysis, ZIP 68742 presents a less attractive investment opportunity for landlords and small-portfolio investors. The disparity between the FMR and market rent points to a challenging environment where achieving higher rental income is unlikely. Additionally, the lack of data on home values and acquisition metrics adds uncertainty to the investment process. Finally, the low tenant demand makes it a less viable market for rental properties. Overall, the risks outweigh the potential rewards in this ZIP code.
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.