Location: Perkins County, NE | Metro: Chase County, NE
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,070 | $184,454 | 0.58% | F |
| 3BR | $1,280 | $261,377 | 0.49% | F |
| 4BR | $1,790 | $289,230 | 0.62% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 69033, Imperial, Nebraska, in the metro area for fiscal year 2026 is set at $1,030. This figure represents the payment standard for Section 8 housing vouchers, meaning that if you participate in the program, the government will pay up to $1,030 per month for a tenant's rent. However, this does not mean your tenants will be paying this amount; it's the maximum reimbursement you can receive from the housing authority.
To put this into perspective, the average rent for ZIP 69033, based on Census ACS data, is $926. This indicates that the FMR is slightly higher than the typical market rate, which could make your property more attractive to potential Section 8 tenants. With 19.1% of residents being renters, there is a decent demand for affordable housing in the area, suggesting that Section 8 participants would likely find your property appealing.
If you're considering purchasing a property in Imperial, NE, for Section 8 rentals, the median home value is around $230,916. This is the price point you should expect when looking to acquire a property in this ZIP code. It’s important to note that the FMR does not directly affect the purchase price of your property, but it does impact the monthly income you can expect from Section 8 vouchers.
Before making the decision to enter the Section 8 rental market, ensure that your property meets all the necessary requirements for the program. This includes passing a Housing Quality Standards (HQS) inspection, which checks for safety and habitability standards. Once your property is approved, you can confidently offer it at a rate that doesn’t exceed the FMR, knowing that the government will cover the majority of the rent.
In summary, participating in the Section 8 program with a property in ZIP 69033 could provide steady income close to the FMR of $1,030, while the average rent of $926 shows that the FMR is competitive with market rates. With a significant portion of residents renting, you have a solid demand base. Verify that your property meets HQS standards to proceed smoothly.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.