Location: Kimball County, NE | Metro: Banner 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 | $1,080 |
| 1 Bedroom | $1,090 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,430 | $145,235 | 0.98% | C |
U.S. Census Bureau data (2024)
18.9% of residents in ZIP 69156, Potter, NE, are renters, indicating a modest demand for rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,050, which is slightly below the $1,098 market rent observed according to the Census ACS data. This suggests that landlords can align their rents with the FMR without losing out on potential tenants. With a median home value of $189,407, property values in Potter are relatively stable, providing a solid foundation for investment. However, the median income of $81,346 implies that many residents might find it challenging to afford homeownership, further supporting the rental market's significance.
The absence of day DOM (days on market) and price-cut share data indicates either a strong local real estate market where properties sell quickly, or a lack of recent sales activity. Given the lower FMR compared to market rent, it's reasonable to assume that the rental market is robust, and landlords can expect steady occupancy rates without having to significantly reduce their asking prices.
In conclusion, for landlords and small-portfolio investors looking to enter the Potter, NE, market, the current conditions present a balanced opportunity. While the median income is not exceptionally high, the rental market appears to be performing well, with rents slightly above the FMR but still within reach for many residents. The modest renter share of 18.9% and stable median home value of $189,407 suggest a consistent demand for rental properties. Therefore, participating in the Section 8 program with a maximum rent of $1,050 could be a viable strategy for maintaining occupancy and ensuring a steady stream of income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.