Section 8 Fair Market Rent (FMR) for ZIP 68955 - 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
2,242
Median Household Income
$90,850
Housing Units
827
Renter Percentage
12.0%
Occupancy Rate
97.6%
Renter Occupied
97

Housing Authorities Serving ZIP 68955

The ZIP code 68955, located in Juniata, Nebraska, offers a unique position within the Adams County, NE metro area. With a Fair Market Rent (FMR) of $960 for fiscal year 2026, it slightly exceeds the market rent of $878. This indicates that while properties in 68955 are priced higher under government standards, they remain within a reasonable range compared to what tenants might expect to pay in the open market.

The median home value in 68955 stands at $333,735, which is notably lower than the typical home values found in other ZIP codes within the county. This suggests that 68955 could be considered a value pocket within the Adams County metro, offering affordable housing options relative to the broader market.

The renter share in 68955 is 12.0%, which is relatively low compared to the average renter share across the county. However, the combination of below-average home values and a modest renter share does not necessarily signal a Section 8 sweet spot. Instead, it points towards a scenario where the area is more attractive to homeowners rather than renters, possibly due to its affordability and potential for investment.

To summarize, 68955 presents itself as a value pocket within the Adams County metro. The slightly elevated FMR and lower market rent indicate a balanced rental environment, while the below-average home values make it an appealing option for both first-time buyers and investors looking for cost-effective opportunities. The relatively low renter share suggests that the area is more oriented towards owner-occupied homes, though it still maintains a presence for rental properties within the metro's overall landscape.

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.