Housing market/Nebraska/ZIP 68869

ACS 2023 · FY2027 SAFMR

ZIP 68869 Ravenna, Sherman County, Nebraska

Sherman 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
2,158
Households
951
Median HH income
$64,893
Renter share
31.9%
Median gross rent
$882
Vacancy
13.7%
Pop. change
+2.5%
2BR SAFMR
$1,100
SAFMR / rent
1.247×
2–49 unit stock
72
LIHTC proj / units
1 / 8
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68869 · NE — sent to you.

ZIP 68869 · NE

ACS median rent$882
2BR SAFMR$1,100
90% floor$990
110% ceiling$1,210

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

Housing stock

ACS 2023 units-in-structure · ZCTA 68869

  • 1-unit detached94085.3%
  • 1-unit attached141.3%
  • 2–4 units393.5%
  • 5–49 units333.0%
  • 50+ units20.2%
  • Mobile746.7%
TypeUnitsShare
1-unit detached94085.3%
1-unit attached141.3%
2 units (duplex)252.3%
3–4 units141.3%
5–9 units131.2%
10–19 units00.0%
20–49 units201.8%
50+ units20.2%
Mobile746.7%

2–4 unit share 3.5% · 5–49 unit share 3.0% · combined 2–49 6.5%.

Units by bedrooms

Studio
11
1BR
90
2BR
355
3BR
439
4BR
156
5+
51

Rent burden

Rent ≥30% of income22.8%
Rent ≥50% of income19.1%
  • ACS median gross rent $882 (all bedrooms, occupied rentals).
  • Median contract rent $603.
  • Renters paying ≥30% of income 22.8%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $1,100 (1.247× ACS median gross rent).

Population

2,158 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 8 units.
  • 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 68869 31.9% of occupied households are renters; vacancy is 13.7%; ACS median gross rent is $882; population increased +2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 39 units in 2–4-unit structures and 33 units in 5–49-unit structures; 1 LIHTC projects totaling 8 units; FY2027 2BR SAFMR is $1,100 versus ACS median gross rent of $882. 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 68869 is a Census / HUD profile for Sherman 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 68869?

ZIP 68869 (Sherman County, NE) has 2,158 residents, 951 households, a renter share of 31.9%, median household income of $64,893, and ACS 2023 median gross rent of $882. Vacancy is 13.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68869?

ACS counts 25 units in 2-unit buildings, 14 in 3–4 unit buildings, 13 in 5–9, 0 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 72 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68869?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,100. See the full schedule and 90–110% payment-standard band on the ZIP 68869 — Ravenna, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68869 is Census / HUD research for Sherman 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.