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Washington County/Omaha/68152

68152

ZIPSAFMR
Washington County, NE
Zillow

ZIP Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$1,040$1,080
1 BR$1,080$1,130
2 BR$1,290$1,370
3 BR$1,710$1,850
4 BR$1,940$2,020
5 BR$2,231Not available
6 BR$2,566Not available
7 BR$2,950Not available
8 BR$3,393Not available

Purchase Price Calculator

Maximum purchase price
$141,665

Cost breakdown

+Likely effective rent$1,370
HUD FMR$1,290
Market rent$1,420
Est. payment standard (107%)Used$1,370
-Principal and interest-$716
Loan amount$113,332
Down payment$28,333
Rate6.50%
Term30 years
-Operating costs-$454
Property taxes-$142
Insurance-$175
Utilities$0
HOA$0
Management-$137
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,153(78.2% ROI)
Projected value
$152,558
Return breakdown
Property appreciation+$10,893
Loan principal paid down+$4,060
Rental cash flow+$7,200
5-year hold
+$37,857(133.6% ROI)
Projected value
$160,281
Return breakdown
Property appreciation+$18,616
Loan principal paid down+$7,241
Rental cash flow+$12,000
10-year hold
+$80,932(285.6% ROI)
Projected value
$181,343
Return breakdown
Property appreciation+$39,678
Loan principal paid down+$17,254
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.94
2 BR
0.91
3 BR
0.89
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 68152 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 68152 (Omaha, NE) is $1,290 a month. That is up 4.9% from $1,230 in FY 2026. Omaha is in the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 15 ZIP codes in Washington County, 68152 has the 7th-highest two-bedroom rent (county range $1,060–$2,180). The median county two-bedroom FMR in Nebraska is $1,014, so ZIP 68152 is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 68152
BedroomsFY 2027Change90–110% range
Studio$1,040+6.1%$936–$1,144
1BR$1,080+4.9%$972–$1,188
2BR$1,290+4.9%$1,161–$1,419
3BR$1,710+4.9%$1,539–$1,881
4BR$1,940+5.4%$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 68152
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,040$1,080$1,290$1,710$1,940
FY 2026$980$1,030$1,230$1,630$1,840
FY 2025$880$930$1,120$1,490$1,660
FY 2024$800$860$1,040$1,390$1,540
FY 2023$700$770$940$1,260$1,400

Two-bedroom rent in nearby Washington County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 68152
68023$1,220−5.4%
68025$1,230−4.7%
68029$1,260−2.3%
68031$1,060−17.8%
68034$1,360+5.4%
68044$1,200−7.0%
68064$1,240−3.9%
68068$1,670+29.5%
68112$1,470+14.0%
68122$1,600+24.0%
68142$2,180+69.0%
68152Current$1,290—

Questions about ZIP 68152 rents

How much will Section 8 pay for a two-bedroom in ZIP 68152?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 68152 in?

ZIP 68152 is in the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 68152 for FY 2027?

The two-bedroom FMR rose 4.9%, from $1,230 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 37.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentOmaha, NE fair market rentNE statewide rentsWhat is SAFMR?Data sources