Location: Dundy County, NE | Metro: Chase County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The ZIP code 69027 presents a unique challenge for landlords and small-portfolio investors interested in attracting Section 8 tenants. With a population of 57 residents, it is evident that this area is not densely populated, which immediately limits the potential number of renters. The data indicates that 0.0% of the residents are renters, suggesting that this ZIP code is predominantly a homeowner-dominated area. Consequently, there is likely to be a scarcity of vouchers in circulation, making it less favorable for landlords seeking to benefit from the Section 8 program.
Given the lack of available data on median household income and market rent, it's impossible to calculate the precise percentage of local income that goes towards typical rent. However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000. This figure represents the maximum amount that a landlord can charge for a rental property under the Section 8 program, but without specific local income data, we cannot determine how affordable this rent would be relative to the incomes of those who might qualify for Section 8 assistance.
A landlord in ZIP 69027 should expect a tenant pool that is limited due to the low population density and the absence of renters. Given the homeowner-dominated nature of the area, any Section 8 tenants would likely have to commute significant distances to find employment opportunities. Therefore, the demand for rentals will be lower, and landlords should consider the potential for long-term vacancies or the need to offer incentives to attract tenants.
In conclusion, ZIP 69027 is not an ideal location for landlords looking to capitalize on a heavy Section 8 tenant pool. The area's characteristics suggest a smaller, more transient rental market, which may not align well with the goals of maximizing occupancy through government-subsidized housing programs.
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.