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Scotts Bluff County/McGrew/69353

69353

ZIPSAFMR
Scotts Bluff County, NE
Zillow

ZIP Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$730$730
1 BR$890$890
2 BR$1,010$1,010
3 BR$1,210$1,210
4 BR$1,390$1,390
5 BR$1,598Not available
6 BR$1,838Not available
7 BR$2,114Not available
8 BR$2,431Not available

Purchase Price Calculator

Maximum purchase price
$88,169

Cost breakdown

+Likely effective rent$1,010
HUD FMRUsed$1,010
Market rentN/A
Est. payment standardN/A
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 69353 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 69353 (McGrew, NE) is $1,010 a month. That is up 5.2% from $960 in FY 2026. McGrew is in the Scotts Bluff County, NE non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,023. Among 10 ZIP codes in Scotts Bluff County, 69353 is tied for the 6th-highest two-bedroom rent (county range $1,010–$1,160).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 69353
BedroomsFY 2027Change90–110% range
Studio$730+9.0%$657–$803
1BR$890+14.1%$801–$979
2BR$1,010+5.2%$909–$1,111
3BR$1,210+1.7%$1,089–$1,331
4BR$1,390+7.8%$1,251–$1,529

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 69353
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$730$890$1,010$1,210$1,390
FY 2026$670$780$960$1,190$1,290
FY 2025$620$720$910$1,140$1,280
FY 2024area FMR$624$720$894$1,260$1,412
FY 2023area FMR$693$698$877$1,246$1,490

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Scotts Bluff County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 69353
69334$1,0100.0%
69341$1,0100.0%
69352$1,060+5.0%
69353Current$1,010—
69355$1,0100.0%
69356$1,0100.0%
69357$1,160+14.9%
69358$1,050+4.0%
69361$1,060+5.0%
69363$1,020+1.0%

Questions about ZIP 69353 rents

How much will Section 8 pay for a two-bedroom in ZIP 69353?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,023, which applies unless the housing authority uses Small Area FMRs, that basic range is $921 to $1,125 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 69353 in?

ZIP 69353 is in the Scotts Bluff County, NE non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,023.

How much did fair market rent change in ZIP 69353 for FY 2027?

The two-bedroom FMR rose 5.2%, from $960 in FY 2026 to $1,010 in FY 2027. Since FY 2025 it has risen 11.0%.

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