Location: Loup County, NE | Metro: Blaine County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The ZIP code 68813 presents several challenges for landlords considering participation in the Section 8 program. Tenant turnover is a significant risk, as the market rent of $645 is notably lower than the Fair Market Rent (FMR) of $1,080 for the metro area (as of FY 2026). This discrepancy can lead to higher turnover rates, as tenants who qualify for vouchers may prefer properties that offer better value relative to their income.
Vacancy exposure is another concern, given the lack of available data on days on market (DOM). Without this information, it's difficult to predict how quickly a property might fill when vacant, potentially leading to extended periods without rental income.
The deferred maintenance exposure is also a factor to consider. The typical home value data is unavailable, but with a median income of $73,160, there's a possibility that homeowners may defer necessary repairs due to financial constraints, which can affect the overall condition of rental properties in the area. Landlords should be prepared to invest in regular maintenance to ensure their properties remain attractive to voucher holders.
Despite these risks, the high renter share of 22.3% suggests a robust demand for rental housing, including Section 8 vouchers. High renter density often translates into greater competition among landlords for voucher tenants, which can help stabilize occupancy rates and reduce the likelihood of prolonged vacancies.
In conclusion, the risks associated with Section 8 investments in ZIP 68813 are moderate, requiring careful management of tenant turnover, vacancy exposure, and maintenance costs to achieve a stable investment.
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.