Section 8 Fair Market Rent (FMR) for ZIP 68841 - 2027

Location: Hamilton County, NE | Metro: Hamilton County, NE

Investment Score for ZIP 68841

N/A
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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$730
1 Bedroom$800
2 Bedrooms$1,010
3 Bedrooms$1,380
4 Bedrooms$1,570
5 Bedrooms$1,821
6 Bedrooms$2,040
7 Bedrooms$2,203
8 Bedrooms$2,313

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,380 $299,815 0.46% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
649
Median Household Income
$76,875
Housing Units
278
Renter Percentage
12.8%
Occupancy Rate
87.4%
Renter Occupied
31

The analysis of ZIP code 68841 reveals a market that offers a moderate balance between yield and stability, making it neither a high-yield/low-stability flip-style market nor a purely steady-cashflow zone. The Federal Market Rent (FMR) for the fiscal year 2026 in the metro area is $960, which stands as a benchmark for rental prices in the region. However, the actual market rent in ZIP 68841 is lower at $800 per month, indicating a slight discount compared to the metro average but still providing decent cash flow.

The median home value in this ZIP code is $302,684, which suggests a relatively stable housing market with significant equity potential for long-term investments. This figure is indicative of the overall property values and can be used to gauge the potential resale value or appreciation over time.

Regarding stability, only 12.8% of the residents are renters, which implies a predominantly owner-occupied community. While this percentage is low, it does not necessarily indicate instability since owner-occupied areas tend to have less turnover and potentially higher property values. The lack of data on days on market (DOM) means we cannot assess how quickly properties are sold, but the median household income of $76,875 provides insight into the financial health of the local population and their ability to maintain property values through consistent purchasing power.

To conclude, ZIP 68841 leans towards a steady-cashflow investment opportunity given the relatively stable home values and the presence of a financially secure resident base. However, the lower-than-metro average rental price indicates a market that offers moderate yields rather than high returns. For landlords and small-portfolio investors looking to balance between yield and stability, ZIP 68841 presents a viable option with a focus on long-term appreciation and steady rental income.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.