Section 8 Fair Market Rent (FMR) for ZIP 68930 - 2027

Location: Webster County, NE | Metro: Adams County, NE

Investment Score for ZIP 68930

Monthly Rent (2BR)

$1,120

Median Price (2BR)

$141,838

1% Rule

0.79%

Annual Yield

9.48%

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	$820
1 Bedroom	$910
2 Bedrooms	$1,120
3 Bedrooms	$1,550
4 Bedrooms	$1,850
5 Bedrooms	$2,146
6 Bedrooms	$2,404
7 Bedrooms	$2,596
8 Bedrooms	$2,726

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
2BR	$1,120	$141,838	0.79%	D
3BR	$1,550	$228,949	0.68%	D
4BR	$1,850	$258,747	0.71%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,143

Median Household Income

$65,875

Housing Units

556

Renter Percentage

20.5%

Occupancy Rate

93.0%

Renter Occupied

106

Blue Hill, NE, represented by ZIP code 68930, is a small rural community with a stable housing market that offers opportunities for both landlords and small-portfolio investors. The area's modest size and economic conditions provide a clear snapshot of rental dynamics and property values.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,030.
The average market rent for properties in Blue Hill, according to the Census ACS data, stands at $808.
The median home value in Blue Hill is $204,672, indicating a relatively affordable market for property acquisition.
Renters make up 20.5% of the total population, suggesting a smaller but still significant demand for rental properties.
The median household income in the area is $65,875, which supports the ability of residents to pay rents in line with the FMR.
The Days on Market (DOM) for properties is not available, which could imply either a very quick sale process or limited activity in the real estate market.

Investors considering Blue Hill, NE, should note the gap between the Fair Market Rent and the actual market rent, which presents a potential opportunity to increase rental rates without significantly deterring tenants. The median home value indicates that purchasing property here is feasible even for those with limited capital. However, the low renter share suggests that competition among landlords might be high, and it's crucial to maintain competitive pricing and property quality. The median income supports the affordability of rents, aligning well with the FMR, making the area attractive for steady, long-term investment returns.

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.