Housing market/Nebraska/ZIP 68627

ACS 2023 · FY2027 SAFMR

ZIP 68627 Cedar Rapids, Nance County, Nebraska

Nance 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
679
Households
269
Median HH income
$63,958
Renter share
9.3%
Median gross rent
$757
Vacancy
27.3%
Pop. change
+2.1%
2BR SAFMR
$1,010
SAFMR / rent
1.334×
2–49 unit stock
14
LIHTC proj / units
1 / 4
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68627 · NE — sent to you.

ZIP 68627 · NE

ACS median rent$757
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 68627

  • 1-unit detached34593.2%
  • 2–4 units82.2%
  • 5–49 units61.6%
  • Mobile113.0%
TypeUnitsShare
1-unit detached34593.2%
1-unit attached00.0%
2 units (duplex)82.2%
3–4 units00.0%
5–9 units00.0%
10–19 units61.6%
20–49 units00.0%
50+ units00.0%
Mobile113.0%

2–4 unit share 2.2% · 5–49 unit share 1.6% · combined 2–49 3.8%.

Units by bedrooms

Studio
0
1BR
11
2BR
93
3BR
152
4BR
79
5+
35

Rent burden

Rent ≥30% of income60.0%
Rent ≥50% of income36.0%
  • ACS median gross rent $757 (all bedrooms, occupied rentals).
  • Median contract rent $638.
  • Renters paying ≥30% of income 60.0%; ≥50% 36.0%.
  • FY2027 2BR SAFMR $1,010 (1.334× ACS median gross rent).

Population

679 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 4 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 68627 9.3% of occupied households are renters; vacancy is 27.3%; ACS median gross rent is $757; population increased +2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 8 units in 2–4-unit structures and 6 units in 5–49-unit structures; 1 LIHTC projects totaling 4 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $757. 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 68627 is a Census / HUD profile for Nance 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 68627?

ZIP 68627 (Nance County, NE) has 679 residents, 269 households, a renter share of 9.3%, median household income of $63,958, and ACS 2023 median gross rent of $757. Vacancy is 27.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68627?

ACS counts 8 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 6 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 14 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68627?

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 68627 — Cedar Rapids, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68627 is Census / HUD research for Nance 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.