Location: Lincoln County, NE | Metro: Lincoln County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,260 |
| 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)
The ZIP code 69132 is located in the town of Dickens, Nebraska. This area has a population of 88, indicating it is a small community. With 33.3% of residents being renters, there is a notable segment of the population that relies on rental properties. The median household income stands at $96,964, which suggests that the residents have a relatively high purchasing power.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for ZIP 69132 in the fiscal year 2026 is set at $990. However, specific data on market rent for the area is not available, which makes it challenging to compare the FMR against actual market conditions. Given the high median income, it is likely that residents can afford higher rents, but the exact market rate remains unclear.
For investors considering Section 8 properties in ZIP 69132, the area seems better suited for a hands-off operator. The high median income suggests that residents are capable of contributing a significant portion of their income towards rent, making the voucher system a viable option. However, the limited population size and the lack of detailed market rent data indicate that there might be fewer opportunities for hands-on value-add strategies. The focus should be on ensuring compliance with the Section 8 program and maintaining the property to meet the standards required for the vouchers.
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.