Location: Thayer County, NE | Metro: Nuckolls County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 68964 reveals a unique market scenario that does not clearly fit into the high-yield/low-stability flip-style category or the steady-cashflow zone. Instead, it lies in a nuanced position between these two extremes.
On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960. This figure is the only concrete data point available for both rental and market yields, indicating that the area's rental market is supported by government standards rather than private market dynamics. The lack of specific market rent and home value data suggests that the private real estate market might be underdeveloped or less active in this region.
Moving to the stability axis, the ZIP code shows an extremely low percentage of renters at just 0.0%. This statistic alone points towards a highly stable, owner-occupied community. However, the absence of days on market (DOM) data complicates the assessment of property turnover rates and thus the overall liquidity of the housing market. The median household income stands at $85,000, which is relatively robust and supports the notion of a stable economic environment.
The combination of these factors indicates that ZIP 68964 is more inclined towards being a steady-cashflow zone. Despite the limited data on market rents and home values, the reliance on FMR for rental pricing suggests a predictable and government-backed revenue stream for landlords. The strong median income further bolsters the stability of cash flows, as it implies that residents have the financial capacity to meet their rent obligations consistently.
However, the absence of key data points such as market rent and home value, along with the DOM, means that while the potential for steady cash flow exists, there is also a risk associated with the lack of complete market information. Landlords and investors should proceed with caution, considering the limited data and focusing on areas where they can leverage government programs to ensure a consistent yield.
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.