Housing market/Nebraska/ZIP 68407

ACS 2023 · FY2027 SAFMR

ZIP 68407 Murdock, Nebraska

Omaha-Council Bluffs, NE-IA HUD Metro FMR Area · Nebraska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
863
Households
334
Median HH income
$101,087
Renter share
13.2%
Median gross rent
$1,031
Vacancy
5.1%
Pop. change
+28.6%
2BR SAFMR
$1,190
SAFMR / rent
1.154×
2–49 unit stock
3
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68407 · NE — sent to you.

ZIP 68407 · NE

ACS median rent$1,031
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 68407

  • 1-unit detached34798.6%
  • 1-unit attached20.6%
  • 2–4 units30.9%
TypeUnitsShare
1-unit detached34798.6%
1-unit attached20.6%
2 units (duplex)20.6%
3–4 units10.3%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 0.9% · 5–49 unit share 0.0% · combined 2–49 0.9%.

Units by bedrooms

Studio
0
1BR
9
2BR
62
3BR
150
4BR
104
5+
27

Rent burden

Rent ≥30% of income15.9%
Rent ≥50% of income6.8%
  • ACS median gross rent $1,031 (all bedrooms, occupied rentals).
  • Median contract rent $675.
  • Renters paying ≥30% of income 15.9%; ≥50% 6.8%.
  • FY2027 2BR SAFMR $1,190 (1.154× ACS median gross rent).

Population

863 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +28.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 68407 13.2% of occupied households are renters; vacancy is 5.1%; ACS median gross rent is $1,031; population increased +28.6% between the 2018 and 2023 ACS vintages; the housing stock includes 3 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $1,031. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Nebraska research

ZIP 68407 is a Census / HUD profile for Omaha-Council Bluffs, NE-IA, NE. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Nebraska research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 68407?

ZIP 68407 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 863 residents, 334 households, a renter share of 13.2%, median household income of $101,087, and ACS 2023 median gross rent of $1,031. Vacancy is 5.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68407?

ACS counts 2 units in 2-unit buildings, 1 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 3 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68407?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 68407 — Murdock, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68407 is Census / HUD research for Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. Jeff Crowe CRE does not list Nebraska property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.