Section 8 Fair Market Rent (FMR) for ZIP 69353 - 2027

Location: Scotts Bluff County, NE | Metro: Scotts Bluff County, NE

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$890
2 Bedrooms	$1,010
3 Bedrooms	$1,210
4 Bedrooms	$1,390
5 Bedrooms	$1,612
6 Bedrooms	$1,805
7 Bedrooms	$1,949
8 Bedrooms	$2,046

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$26,042

Housing Units

Renter Percentage

8.0%

Occupancy Rate

78.1%

Renter Occupied

ZIP code 69353, located in Scotts Bluff County, NE metro, is an ideal cash-flow anchor for a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960, which provides a stable baseline for rental income. Given that the market rate and median home values are not available, relying on the guaranteed Section 8 payments ensures consistent cash flow without the risk of fluctuating market rates.

The primary advantage of including ZIP 69353 in a Section 8 portfolio is the security of rental income. Landlords can depend on the government to cover the difference between tenant contributions and the established FMR, making it easier to manage finances and predict cash flow. This is particularly important for small-portfolio investors who need reliable income streams to maintain their investment strategies.

Additionally, the median income in ZIP 69353 is $26,042, indicating a significant portion of potential tenants would qualify for Section 8 assistance. With an 8.0% renter share, there is a notable demand for rental properties, especially those that accept Section 8 vouchers. This ZIP code's characteristics align well with the goal of securing steady cash flow, which is essential for any real estate investment portfolio.

To further solidify its role as a cash-flow anchor, consider the following:

Guaranteed Income: Section 8 tenants have their rent subsidized by the government, ensuring that landlords receive the full FMR payment of $960 per month.
Low Maintenance Risk: The demographic in ZIP 69353 tends to be more stable, reducing the likelihood of high turnover and associated costs.
Market Stability: Without available market rate data, the Section 8 program offers a predictable and stable rental environment.

In conclusion, ZIP 69353 serves as a strong cash-flow anchor due to the guaranteed rental income provided by the Section 8 program, stable tenant base, and lack of volatile market conditions. The FMR of $960 per month for fiscal year 2026 ensures a reliable income stream, making it an attractive option for landlords and small-portfolio investors looking to secure their financial future.

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.