Location: Perkins County, NE | Metro: Keith 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 | $780 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,080 | $192,972 | 0.56% | F |
| 3BR | $1,310 | $291,379 | 0.45% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 69155, Paxton, NE, hinges on the balance between yield and stability. On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000 per unit, while the market rent stands at $857. This suggests that there is a potential upside if properties can be rented closer to the FMR rather than the current market rate. The median home value of $256,752 provides a benchmark for property investment costs.
Turning to stability, the rental market has a 35.4% share of renters, which is a moderate figure. However, the lack of data on the number of days on market (DOM) indicates uncertainty regarding how quickly units can be filled. The average household income of $64,432 gives insight into the financial capacity of residents but does not directly correlate to rental stability without additional metrics such as unemployment rates or tenant turnover.
Evaluating these factors, ZIP 69155 leans towards being a steady-cashflow zone. While the gap between the FMR and market rent suggests opportunities for higher yields through strategic pricing or improvements, the absence of day DOM data prevents a definitive assessment of market volatility. The relatively stable renter percentage and income levels support ongoing, predictable cash flows rather than the rapid appreciation typical of a high-yield/low-stability flip-style market.
To conclude, the market in ZIP 69155 offers a blend of moderate yield potential and reasonable stability, making it suitable for landlords and small-portfolio investors seeking a balance between growth and security. The $1,000 FMR versus the $857 market rent presents an opportunity to increase revenue, whereas the $64,432 average income supports the ability of tenants to meet rent obligations consistently.
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.