Section 8 Fair Market Rent (FMR) for ZIP 68934 - 2027
Location: Nuckolls County, NE | Metro: Clay County, NE
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $740 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
A skeptical investor considering ZIP 68934 might raise several concerns:
- Will Fair Market Rent ($960 for metro FY 2026) cover the mortgage on a home?: The data does not provide a specific figure for median home values or typical mortgage payments in ZIP 68934. However, the Fair Market Rent (FMR) is set to ensure affordability for low-income families, and it is likely to be a conservative estimate. If the median home value and typical mortgage payments are lower than the FMR, then it will cover the mortgage.
- Is there enough renter demand at 34.8%?: At 34.8%, the renter demand is moderately high. While this percentage indicates a significant portion of renters, it is essential to consider the overall population size and the number of available rental units. The data does not specify these details, but a higher renter demand suggests a competitive rental market.
- Will vouchers keep pace with market rents?: The data does not provide specific information regarding voucher amounts or their ability to cover market rents in ZIP 68934. However, the government adjusts voucher amounts annually to reflect changes in the cost of living. Assuming the adjustments are timely and accurate, vouchers should keep pace with market rents.
Note that the data lacks specifics on median home values, typical mortgage payments, and the exact number of rental units, which would help in making a more precise assessment. Additionally, the climate section from Redfin indicates a moderate risk of flooding and wildfires, which could impact property values and insurance costs.
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.