Location: Lincoln County, NE | Metro: Frontier County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
37.0% of residents in ZIP 69039 are renters, indicating a significant portion of the population relies on rental housing. This statistic is crucial for landlords and small-portfolio investors looking to target a substantial market share. The Federal Market Rent (FMR) for the area stands at $1,010 for metro FY 2026, which serves as a benchmark for rental pricing in the region. Given the median income of $48,500, it's evident that the average household can afford the FMR, suggesting a stable tenant pool capable of meeting rental obligations. However, the lack of specific data on market rent and median home value means that investors must rely on the FMR as a key indicator for setting competitive rental rates. The absence of Days on Market (DOM) and price-cut share data points to a potentially underserved market where timely and appropriately priced listings could attract tenants quickly. Investors should also be aware that while the FMR provides a solid foundation for pricing, they may need to adjust based on local conditions and competition. In conclusion, ZIP 69039 offers a promising investment opportunity with a high renter share and an affordable FMR relative to the median income. Verdict: Section 8 is viable in ZIP 69039.
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.