Section 8 Fair Market Rent (FMR) for ZIP 68781 - 2027

Location: Pierce County, NE | Metro: Antelope County, NE

Investment Score for ZIP 68781

D
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$148,876
1% Rule
0.68%
Annual Yield
8.14%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$720
1 Bedroom$800
2 Bedrooms$1,010
3 Bedrooms$1,360
4 Bedrooms$1,510
5 Bedrooms$1,752
6 Bedrooms$1,962
7 Bedrooms$2,119
8 Bedrooms$2,225

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,010 $148,876 0.68% D
3BR $1,360 $213,356 0.64% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,324
Median Household Income
$67,212
Housing Units
599
Renter Percentage
17.9%
Occupancy Rate
95.3%
Renter Occupied
102

The classification of ZIP 68781, Oakdale, NE, on the yield and stability axes reveals a unique real estate market scenario. On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960. This figure represents the maximum amount that a landlord can charge for a rental property under the Section 8 program. The market rent, however, stands at $691, indicating a lower demand for rental properties compared to what the government is willing to subsidize. This suggests a potential for higher yields if landlords can secure Section 8 tenants.

In terms of stability, the data paints a less favorable picture. Only 17.9% of residents are renters, which implies a smaller pool of potential tenants. Additionally, the median household income is relatively low at $67,212, which could affect the ability of residents to pay market rents or even Section 8 rents consistently. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties might be rented, but the low percentage of renters and income level suggest challenges in maintaining steady cash flow.

The average home value in ZIP 68781 is $208,025. Given the disparity between the FMR and the market rent, combined with the limited number of renters and lower incomes, this area does not fit neatly into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents a market where landlords might achieve decent yields by leveraging Section 8 subsidies, but they must be prepared for less stable occupancy rates and potential difficulties in collecting rent.

To summarize, ZIP 68781 is best classified as a moderate-yield/moderate-stability market. The opportunity for higher yields through Section 8 participation is present, but the challenges in securing consistent tenants due to the low percentage of renters and median income levels mean that stability cannot be taken for granted. Landlords should carefully consider these factors before investing in this area.

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.