Location: Kearney County, NE | Metro: Buffalo County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
ZIP 68947 in Hildreth, Nebraska, stands out due to its unique economic profile. With a total population of 664 residents, only 18.1% of the residents are renters, indicating a predominantly owner-occupied area. The median income here is $63,472, which is slightly above the national average, and the median home value is $186,033, suggesting a stable housing market.
The Section 8 voucher program plays a significant role in the local rental economy. For fiscal year 2026, the Fair Market Rent (FMR) for ZIP 68947 is set at $960 per month, while the current market rent, according to Census ACS data, is $680 per month. This discrepancy means that landlords participating in the Section 8 program can expect higher rental payments compared to the general market, making it an attractive option for property owners in this area.
The data signature for ZIP 68947 indicates a relatively stable environment. The low percentage of renters suggests that there is limited reliance on rental assistance programs, but the Section 8 voucher program can still offer opportunities for landlords looking to ensure steady, government-backed rental income. The median home value and median income figures further support this stability, showing that the area maintains a consistent economic landscape suitable for long-term investment.
Landlords and small-portfolio investors should consider the benefits of the Section 8 program in ZIP 68947. While the number of potential tenants is smaller due to the low rental rate, the higher FMR compared to the market rent provides a solid financial incentive. This ZIP code represents a stable market with reliable government support, ensuring that landlords can maintain a steady income stream without the risks associated with transitional areas.
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.