Location: Kearney County, NE | Metro: Kearney County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
ZIP 68959, located in Kearney County, NE, serves as a valuable cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960, which is significantly higher than the current market rent of $832. This $128 spread per month provides a stable and reliable source of income for landlords participating in the Section 8 program.
The median home value in ZIP 68959 stands at $227,630. Given that the FMR exceeds the market rent, landlords can ensure positive cash flow while maintaining properties at fair market values. This scenario reduces the risk of losing money on rent subsidies and supports financial stability within the portfolio.
Although there are no specific percentages provided for price-cut share or days on market (DOM), the lack of these figures suggests that the local real estate market is relatively stable and predictable. Landlords can rely on consistent rental income without worrying about frequent price adjustments or prolonged vacancies.
The ZIP code also offers opportunities for diversification. With a 24.2% renter share, landlords can balance their investment between renters and homeowners. Additionally, the median income of $70,167 indicates a moderate economic base, supporting both rental demand and property maintenance without excessive financial strain.
In conclusion, ZIP 68959 is best suited as a cash-flow anchor due to the favorable spread between the FMR and market rent. This ensures steady income and reduces the volatility associated with other investment strategies.
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.