Location: Perkins County, NE | Metro: Chase County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
The ZIP code 69134 is primarily a renter-heavy area with significant potential for Section 8 tenants. With 21.5% of the population renting, there is notable demand for rental properties, especially those that accept housing vouchers. The median household income stands at $86,250, which is relatively high compared to the national average.
In terms of affordability, the typical market rent of $610 consumes approximately 7.1% of the median household income. This suggests that rent is generally manageable for most residents, but it also indicates that there could be a segment of the population for whom this amount represents a considerable portion of their budget. The Fair Market Rent (FMR) for the metro area is set at $960 for fiscal year 2026, which is higher than the current market rent. This discrepancy highlights the potential for landlords to attract tenants who might qualify for higher voucher amounts, thus ensuring better rental income stability.
The tenant profile a landlord can expect in ZIP 69134 includes individuals and families who benefit from Section 8 vouchers. These tenants will likely have incomes below the area median income, making them eligible for assistance. Landlords should anticipate a mix of young professionals, students, and low-income families seeking affordable housing options. It's important to note that while the voucher system provides financial support, landlords must ensure that tenants meet other criteria such as credit score and employment history to minimize risk.
To conclude, ZIP 69134 offers a viable opportunity for landlords interested in Section 8 tenants due to its high percentage of renters and reasonable market rents. However, the expectation should be for tenants whose income is supported by government housing vouchers, aligning with the local economic landscape and rental market dynamics.
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.