Location: Dawson County, NE | Metro: Custer County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
U.S. Census Bureau data (2024)
The ZIP code 68834 stands out due to its unique data signature, which includes a relatively low population of only 227 residents, with 11.0% of them renting their homes. The median income in this area is $78,750, but notably, there is no available data on the median home value, suggesting either a lack of homeownership or insufficient data points to establish an average.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for ZIP 68834 is set at $990 for the fiscal year 2026. This figure is significantly higher than the current market rent, which is reported at $717 based on Census ACS data. This disparity indicates that landlords participating in the Section 8 program can expect to receive higher rental payments compared to the local market rate, making it potentially more lucrative to accept vouchers in this area.
Given the limited data points, the overall economic profile of ZIP 68834 appears stable, with a modest rental market and a defined median income level. However, the absence of median home value data introduces an element of uncertainty regarding the housing market dynamics, which could suggest a transitional phase in terms of homeownership trends. For landlords and small-portfolio investors, the current economic conditions present an opportunity to capitalize on the higher FMR rates offered through the Section 8 program, while also keeping an eye on potential shifts in the broader housing market.
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.