Location: Perkins County, NE | Metro: Perkins 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 | $750 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $150,409 | 0.68% | D |
| 3BR | $1,230 | $232,192 | 0.53% | F |
| 4BR | $1,400 | $321,796 | 0.44% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 69140 (Grant, NE) hinges on analyzing its yield and stability metrics. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980, while the market rent stands at $946. This suggests a relatively high yield potential when compared to the median home value of $222,224. The disparity between rental income and home values indicates that properties can generate a significant return relative to their purchase price.
Stability, however, is another matter. With only 24.4% of residents being renters, the demand for rental housing is moderate. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties might be rented out. However, the average household income of $70,417 provides insight into the economic conditions of the area, which can affect both stability and yield. Higher incomes generally correlate with lower default rates and greater tenant reliability, thus contributing to stability.
Given these figures, ZIP 69140 leans towards a steady-cashflow zone. The moderate renter population size ensures a consistent stream of tenants, while the higher income levels suggest stable and reliable payments. Although the yield is good due to the difference between rental prices and home values, the low percentage of renters means that the market isn't highly speculative or prone to rapid changes in occupancy rates. Therefore, for landlords and small-portfolio investors, this area represents a balanced opportunity with solid returns and manageable risk.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.