Location: Antelope County, NE | Metro: Antelope County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The market in ZIP code 68761 is characterized by a fixed Fair Market Rent (FMR) of $1,090 for the fiscal year 2026, indicating a stable baseline for rental pricing set by HUD standards. However, the absence of current market rent data suggests that local rents might not be closely monitored or reported, which could imply either a lack of significant fluctuation or a smaller, less active rental market.
The median home value of $80,660 is notably low, suggesting that this area is composed largely of affordable homes. This figure can be indicative of a region with older housing stock or lower overall property values, which may influence the types of properties available for both purchase and rental.
The 12.7% renter share highlights a predominantly owner-occupied community, but it also points to persistent long-term housing pressure. In areas where a significant portion of residents are renters, there's often an underlying demand for affordable housing options. This dynamic can create opportunities for landlords who cater to budget-conscious tenants, ensuring steady occupancy rates despite the relatively low renter percentage.
While the exact relationship between supply and demand cannot be definitively stated without current market rent and days on market (DOM) data, the low median home value and the presence of a HUD-set FMR suggest that this market is likely experiencing demand that is at least matched by supply, if not slightly outpaced. Landlords and small-portfolio investors should focus on offering well-maintained, affordable units to attract and retain tenants in this environment.
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.