Location: Sioux County, NE | Metro: Dawes 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 | $730 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $86,893 | 1.16% | B |
| 3BR | $1,250 | $206,626 | 0.6% | D |
| 4BR | $1,410 | $209,297 | 0.67% | D |
U.S. Census Bureau data (2024)
ZIP 69339, located in Crawford, Nebraska, within the Sioux County, NE metro area, can be an effective component of a Section 8 portfolio strategy, particularly as a cash-flow anchor. The primary reason for this classification is the significant spread between the Fair Market Rent (FMR) and the actual market rent in the area.
The FMR for the Sioux County, NE metro area for fiscal year 2026 is set at $960, while the current market rent in ZIP 69339 is $781. This means that landlords participating in the Section 8 program can potentially earn a higher rent subsidy payment from the government compared to what they would receive from private tenants. Consequently, this ZIP code can provide steady and reliable cash flow, which is crucial for maintaining financial stability in a rental portfolio.
The median home value in ZIP 69339 is $133,969, indicating a relatively affordable housing market. This affordability can make it easier for landlords to acquire properties in the area, especially for those looking to expand their portfolios without significantly increasing their capital investment risk.
While ZIP 69339 does not present itself as an appreciation play due to the lack of specific data on price-cut shares and days on market (DOM), it still offers some diversification benefits. With a renter share of 20.2%, there is a notable presence of renters in the area, suggesting a stable demand for rental properties. Additionally, the median income of $65,529 provides insight into the economic conditions of the area, ensuring that tenants are likely to have the financial capability to meet their rent obligations.
In conclusion, ZIP 69339 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The disparity between the FMR and market rent ensures that landlords can leverage the Section 8 program to secure higher rents than the local market average, thereby enhancing cash flow. Furthermore, the affordable property values and stable tenant demographics contribute to the overall viability of this ZIP code as a strategic investment choice.
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.