Location: Lincoln County, NE | Metro: Frontier County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The ZIP code 69038, located in Lincoln County, Nebraska, can be effectively integrated into a Section 8 portfolio strategy as a cash-flow anchor. This classification is based on the significant spread between the Fair Market Rent (FMR) for the metro area in fiscal year 2026, which is set at $960, and the current market rental rate of $733. The median home value in the area stands at $122,548, indicating that properties are undervalued relative to their potential rental income.
A cash-flow anchor serves to stabilize a real estate investment portfolio by providing consistent, predictable rental income. In ZIP 69038, the gap between the FMR and the actual market rates presents an opportunity for landlords and small-portfolio investors to secure steady cash flow while potentially benefiting from future appreciation in property values.
While there is limited data on the price-cut share and days on market (DOM), the median income in the area is $71,250, suggesting that residents have sufficient financial capacity to afford higher rents. With a renter share of 18.8%, there is a notable demand for rental properties, making ZIP 69038 a viable option for those seeking reliable tenants.
In conclusion, given the substantial difference between the FMR and the current market rental rate, along with the relatively low median home value, ZIP 69038 should be considered a cash-flow anchor in a Section 8 portfolio strategy. This will ensure a stable source of income and provide a foundation for broader investment growth.
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.