Location: Scotts Bluff County, NE | Metro: Scotts Bluff 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 | $760 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $171,279 | 0.62% | D |
| 3BR | $1,360 | $305,985 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 69352, located in Lyman, Nebraska, within the Scotts Bluff County, NE metro, presents a unique set of characteristics that position it distinctly within its broader metropolitan area. The Fair Market Rent (FMR) for the fiscal year 2026 in this ZIP code is set at $1,000, which is notably higher than the market rent of $800. This discrepancy suggests that there might be a significant portion of subsidized housing in Lyman, as the FMR is typically used as a benchmark for setting rent levels for subsidized housing programs such as Section 8.
The median home value in ZIP 69352 stands at $193,960, which is lower than what might be expected in a typical ZIP code within Scotts Bluff County. This indicates that the housing stock in Lyman is generally more affordable compared to other areas within the county, potentially making it an attractive location for low-income families who rely on rental assistance programs.
A particularly interesting statistic is the renter share of 25.2%. While this percentage is not exceptionally high, it aligns with the presence of a notable amount of rental properties, especially those that could benefit from Section 8 subsidies. Given the combination of lower market rents and a substantial renter share, ZIP 69352 can be inferred as a potential value pocket within the Scotts Bluff County metro, where landlords and small-portfolio investors can find opportunities to offer affordable housing while still receiving government subsidies that bring their rental income closer to the FMR.
To further analyze the dynamics of this ZIP code, it would be beneficial to investigate the specific number of units eligible for Section 8 assistance and the historical trends of rental subsidies in the area. However, based on the provided data, it's clear that Lyman offers a mix of affordability and potential for rental support, making it a strategic choice for investors looking to capitalize on these conditions without entering into the most competitive premium sub-markets of the county.
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.