Location: Perkins County, NE | Metro: Perkins County, NE
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
ZIP 69150, located in Perkins County, NE, is best suited as a diversifier within a Section 8 portfolio strategy. This area boasts a median income of $81,667, making it financially stable and attractive for investors seeking a mix of tenants who can afford higher rents without relying solely on government subsidies.
The median home value in ZIP 69150 stands at $222,252, which is significantly lower than the Fair Market Rent (FMR) for the metro area, estimated at $1,080 for fiscal year 2026. However, since the market data is currently unavailable, we cannot determine the exact spread between the FMR and the market rent. Nonetheless, the low median home value suggests that rental properties in this ZIP code could be priced competitively, attracting both subsidized and non-subsidized tenants.
With a renter share of 3.6%, ZIP 69150 offers an opportunity to diversify investment portfolios beyond highly rented urban areas. This lower percentage indicates that the majority of residents own their homes, providing a balanced community dynamic. The affordability ratio of 2.6, meaning that the median home value is 2.6 times the median income, also supports the idea that this ZIP code is a good fit for diversification. It suggests that while some tenants may rely on Section 8 vouchers, others can pay market-rate rents, reducing dependency on government subsidies.
In conclusion, ZIP 69150 serves as a strong diversifier within a Section 8 portfolio strategy. Its financial stability, competitive rental pricing, and balanced community make it an ideal location for investors looking to mitigate risks associated with high-rent areas and ensure steady cash flow from a mix of tenant types.
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.