Section 8 Fair Market Rent (FMR) for ZIP 68976 - 2027

Location: Gosper County, NE | Metro: Gosper County, NE

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$830
2 Bedrooms	$1,080
3 Bedrooms	$1,430
4 Bedrooms	$1,470
5 Bedrooms	$1,705
6 Bedrooms	$1,910
7 Bedrooms	$2,063
8 Bedrooms	$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

234

Median Household Income

$54,063

Housing Units

Renter Percentage

41.2%

Occupancy Rate

88.5%

Renter Occupied

The ZIP code 68976 is located in a rural area of Nebraska, characterized by its agricultural landscape and small-town charm. This region offers a unique opportunity for real-estate investors interested in the Section 8 housing market, with specific metrics providing insights into the local rental dynamics and economic conditions.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,080, indicating the benchmark for rental costs that are considered affordable for low-income families.
The average market rent for properties in ZIP 68976 is currently $939, according to the latest data from the Census Bureau's American Community Survey (ACS).
Renters make up 41.2% of the population, suggesting a significant portion of the community relies on rental housing.
The median household income in the area is $54,063, which provides context for the affordability of housing and the potential demand for Section 8 units.
Given the rural nature of the area, the Days on Market (DOM) for rentals is not typically tracked, but the high percentage of renters indicates a steady demand for rental properties.
The lack of a reported median home value suggests that the focus in this ZIP code is primarily on rental properties rather than homeownership opportunities.

The combination of a relatively low market rent compared to the FMR, a substantial renter share, and a moderate median income points to a stable and potentially profitable Section 8 market in ZIP 68976. Landlords and small-portfolio investors can expect steady occupancy rates and a reasonable return on investment when adhering to the guidelines and rent limits set forth by the program. However, they should also be prepared for the administrative aspects of managing Section 8 properties, including tenant screening and compliance with federal housing regulations.

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.