Location: Knox County, NE | Metro: Knox County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 68789, located in Knox County, NE metro, presents a unique market for Section 8 investors. The HUD Fair Market Rent (FMR) for the area is set at $1,010 for the fiscal year 2026, reflecting the government's benchmark for rental affordability.
However, specific market rent data for ZIP 68789 is currently unavailable. This lack of precise market rent figures makes it challenging to determine the exact cashflow potential of voucher tenants at the HUD FMR. Based on the limited data available, we can infer that voucher tenants will likely cashflow at the FMR, but the extent of the margin remains uncertain without comparative market rent data.
The median home value in ZIP 68789 is also not available, which means deriving a precise rent-to-price ratio is impossible. Nonetheless, understanding the broader trends in the local real estate market can provide insights into the overall economic health and potential investment opportunities.
Despite the absence of detailed market data, the stability of the HUD FMR provides a reliable anchor point for long-term investment strategies. The consistent rental income supported by government vouchers can offer a predictable cashflow, making it an attractive option for investors seeking steady returns.
The strongest investor angle in ZIP 68789 appears to be stability, given the reliance on government-supported rental rates and the predictability they offer. This makes the area particularly suitable for those looking to diversify their portfolios with low-risk, stable investments.
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.