Skip to main content
Loading page
Douglas County/Omaha/68180

68180

ZIPFMR
Douglas County, NE
Zillow
Loading Investment Score

ZIP Investment Score

-- 

095130300
BRFMR
Eff. Rent
0 BR$1,167$1,230
1 BR$1,219$1,320
2 BR$1,450$1,600
3 BR$1,924$2,040
4 BR$2,179$2,400
5 BR$2,506Not available
6 BR$2,882Not available
7 BR$3,314Not available
8 BR$3,811Not available

Purchase Price Calculator

Maximum purchase price
$175,843

Cost breakdown

+Likely effective rent$1,600
HUD FMR$1,450
Market rent$1,860
Est. payment standard (110%)Used$1,600
-Principal and interest-$889
Loan amount$140,674
Down payment$35,169
Rate6.50%
Term30 years
-Operating costs-$511
Property taxes-$176
Insurance-$175
Utilities$0
HOA$0
Management-$160
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,761(73.2% ROI)
Projected value
$189,364
Return breakdown
Property appreciation+$13,521
Loan principal paid down+$5,040
Rental cash flow+$7,200
5-year hold
+$44,095(125.4% ROI)
Projected value
$198,950
Return breakdown
Property appreciation+$23,107
Loan principal paid down+$8,988
Rental cash flow+$12,000
10-year hold
+$94,667(269.2% ROI)
Projected value
$225,094
Return breakdown
Property appreciation+$49,251
Loan principal paid down+$21,416
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.93
1 BR
0.89
2 BR
0.78
3 BR
0.91
4 BR
0.84
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 68180 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 68180 (Omaha, NE) is $1,450 a month. That is up 6.0% from $1,368 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. The median county two-bedroom FMR in Nebraska is $1,014, so ZIP 68180 is 43% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 68180
BedroomsFY 2027Change90–110% range
Studio$1,167+7.1%$1,050–$1,284
1BR$1,219+6.2%$1,097–$1,341
2BR$1,450+6.0%$1,305–$1,595
3BR$1,924+6.1%$1,732–$2,116
4BR$2,179+6.5%$1,961–$2,397

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 68180
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,167$1,219$1,450$1,924$2,179
FY 2026$1,090$1,148$1,368$1,813$2,046
FY 2025$990$1,052$1,261$1,675$1,864
FY 2024$895$971$1,170$1,562$1,733
FY 2023$801$888$1,083$1,449$1,611

Questions about ZIP 68180 rents

How much will Section 8 pay for a two-bedroom in ZIP 68180?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,450, that basic range is $1,305 to $1,595 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 68180 in?

ZIP 68180 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 68180 for FY 2027?

The two-bedroom FMR rose 6.0%, from $1,368 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 33.9%.

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 Fair Market Rents. 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