Low Income Apartments and Affordable Housing For Rent in Alliance, NE

Discover affordable housing in Alliance where there are 6+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Rosewood Estates

2630 Laramie Dr, Alliance, Nebraska 69301

Rosewood Estates II

2619 Cheyenne Ln, Alliance, Nebraska 69301

WildFlower Terrace

2420 Peterson Ct, Alliance, Nebraska 69301

Estrella Del Norte

311 S Grand St, Alliance, Nebraska

Maxwell Square

2612 Big Horn Dr, Alliance, Nebraska 69301

Sunset Villa Apartments

523 Homestead Ave, Alliance, Nebraska 69301

calendar_today Opened: Dec 31
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alliance, Nebraska
$17.33/hour
$5.33 (+44%) more than Nebraska minimum wage and $10.08 (+139%) more than the Federal minimum wage.
Learn More About Alliance, Nebraska Affordable Housing ↓

What HUD offices serve Alliance, Nebraska?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Alliance, Nebraska.

Go to the Nebraska Public Housing and Low-Income Apartments Waiting Lists page for openings near Alliance.

How many renters live in Alliance, Nebraska?

The City of Alliance has 8,118 people living in 3,426 households.

There are 2,491 renters living in 1,081 renter households in this City. Renters make up 30.68 percent of the population living in Alliance.

What is the rental market like in Alliance, Nebraska?

There are an estimated 3,895 housing units in the Alliance area. Of these, 1,144 units are rental homes, making up 29 percent of the housing market. For every renter household in Alliance, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Alliance?

The rental vacancy rate in Alliance is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Alliance for each bedroom size?

Occupied Rental Units by Size in Alliance
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
15 211 494 217 129
Occupied Rental Units by Size in Alliance

A large number of apartments in Alliance have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Alliance are overburdened by housing costs?

Among renter households in this market, 28 percent have housing cost burden. Further, 4 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Alliance

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $620 to $1,219. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $620
One BR $696
Two BR $915
Three BR $1,106
Four BR $1,219
2024 Fair Market Rents in Alliance, Nebraska

How many units are rented at Fair Market Rent (FMR) in Alliance?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 15 100 percent
One BR 174 82 percent
Two BR 380 77 percent
Rental Units Below FMR in Alliance, Nebraska

How many affordable rental units are in Alliance?

There are a variety of federal affordable housing programs serving households in Alliance, Nebraska including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 103
Public Housing 59
Section 202 Supportive Housing for the Elderly 24
Tracked Units by Federal Program in Alliance, Nebraska

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Alliance, Nebraska

Alliance features 91 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Alliance, Nebraska

There are 84 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alliance.

Housing Choice Vouchers in Alliance, Nebraska

On average, Section 8 Housing Choice vouchers pay Alliance landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Alliance.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alliance, Nebraska for a two-bedroom apartment is between $824 and $1,007.

Sourced from federal housing data and AffordableHousingOnline.com research.