Section 8 Fair Market Rent (FMR) for ZIP 68950 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$780
1 Bedroom$870
2 Bedrooms$1,010
3 Bedrooms$1,340
4 Bedrooms$1,340
5 Bedrooms$1,554
6 Bedrooms$1,740
7 Bedrooms$1,879
8 Bedrooms$1,973

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
290
Median Household Income
$78,500
Housing Units
147
Renter Percentage
9.4%
Occupancy Rate
93.9%
Renter Occupied
13

The ZIP code 68950, located in Adams County, NE metro, should be considered as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the analysis of the Fair Market Rent (FMR) and the median home value.

The FMR for the metro area in fiscal year 2026 is set at $960, while the market rent in 68950 is $864 per month. Given the median home value of $224,561, the spread between the FMR and market rent is significant, indicating that properties in this ZIP can be effectively rented out to Section 8 tenants without substantial financial strain. This makes 68950 a reliable option for generating consistent cash flow.

The area has a moderate renter share of 9.4%, which suggests that there is a reasonable demand for rentals. Additionally, the median income of $78,500 provides a stable economic foundation for the ZIP, supporting the ability of residents to pay rent through Section 8 subsidies.

While the appreciation potential in 68950 is not highlighted as a primary focus, the current market conditions indicate a seller-favorable environment with steady activity. This means that although the area may not offer the highest potential for capital appreciation, it remains a viable option for long-term investments aimed at maintaining steady cash flow.

In conclusion, ZIP 68950 serves as a cash-flow anchor within a Section 8 portfolio strategy, thanks to its favorable FMR-to-market-rent ratio and stable economic indicators.

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.