Housing market/Nebraska/ZIP 68651

ACS 2023 · FY2027 SAFMR

ZIP 68651 Osceola, Polk County, Nebraska

Polk County, NE · Nebraska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,293
Households
499
Median HH income
$80,375
Renter share
24.3%
Median gross rent
$611
Vacancy
10.9%
Pop. change
-11.7%
2BR SAFMR
$1,010
SAFMR / rent
1.653×
2–49 unit stock
45
LIHTC proj / units
—
HUD assisted MF
1 / 12

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68651 · NE — sent to you.

ZIP 68651 · NE

ACS median rent$611
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 68651

  • 1-unit detached49488.2%
  • 1-unit attached40.7%
  • 2–4 units274.8%
  • 5–49 units183.2%
  • 50+ units20.4%
  • Mobile152.7%
TypeUnitsShare
1-unit detached49488.2%
1-unit attached40.7%
2 units (duplex)122.1%
3–4 units152.7%
5–9 units112.0%
10–19 units71.3%
20–49 units00.0%
50+ units20.4%
Mobile152.7%

2–4 unit share 4.8% · 5–49 unit share 3.2% · combined 2–49 8.0%.

Units by bedrooms

Studio
8
1BR
31
2BR
139
3BR
175
4BR
170
5+
37

Rent burden

Rent ≥30% of income14.1%
Rent ≥50% of income0.0%
  • ACS median gross rent $611 (all bedrooms, occupied rentals).
  • Median contract rent $451.
  • Renters paying ≥30% of income 14.1%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,010 (1.653× ACS median gross rent).

Population

1,293 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.7%.

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: 1 properties, 12 assisted units.
  • 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 68651 24.3% of occupied households are renters; vacancy is 10.9%; ACS median gross rent is $611; population changed -11.7% between the 2018 and 2023 ACS vintages; the housing stock includes 27 units in 2–4-unit structures and 18 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $611. 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 68651 is a Census / HUD profile for Polk County, 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 68651?

ZIP 68651 (Polk County, NE) has 1,293 residents, 499 households, a renter share of 24.3%, median household income of $80,375, and ACS 2023 median gross rent of $611. Vacancy is 10.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68651?

ACS counts 12 units in 2-unit buildings, 15 in 3–4 unit buildings, 11 in 5–9, 7 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 45 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68651?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 68651 — Osceola, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68651 is Census / HUD research for Polk County, NE. 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.