Location: Pierce County, NE | Metro: Pierce County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
U.S. Census Bureau data (2024)
The ZIP code 68747, located in McLean, Nebraska, stands out due to its small population of 198 residents, where only 18.0% are renters. This contrasts sharply with the broader national trend of increasing rental rates. The median income in ZIP 68747 is relatively high at $88,438, suggesting a stable economic environment. However, the lack of data on median home values indicates a limited housing market.
Regarding the Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 68747 is set at $980 for fiscal year 2026. Unfortunately, there is no current data on the market rent, making it difficult to assess the gap between FMR and actual rental costs. Despite this, the high median income suggests that landlords could potentially charge higher rents, especially if they offer amenities that are not typical for the area.
The data signature for ZIP 68747 reads as stable, given the high median income and the relatively low percentage of renters. This stability is further reinforced by the limited availability of rental units, indicating a constrained market. For small-portfolio investors and landlords, this ZIP code offers a predictable environment with fewer risks associated with transitional markets.
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.