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

Discover affordable housing in Bertrand where there are 2+ 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.

Heritage Apartments of Bertrand

510 Mason Ave, Bertrand, Nebraska 68927

Courtyard Villa

604 Mason Ave, Bertrand, Nebraska 68927

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bertrand, Nebraska
$16.52/hour
$4.52 (+38%) more than Nebraska minimum wage and $9.27 (+128%) more than the Federal minimum wage.
Learn More About Bertrand, Nebraska Affordable Housing ↓

How many renters live in Bertrand, Nebraska?

The City of Bertrand has 681 people living in 270 households.

There are 136 renters living in 49 renter households in this City. Renters make up 19.97 percent of the population living in Bertrand.

What is the rental market like in Bertrand, Nebraska?

There are an estimated 289 housing units in the Bertrand area. Of these, 60 units are rental homes, making up 21 percent of the housing market. For every renter household in Bertrand, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Bertrand?

The rental vacancy rate in Bertrand is 18 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Bertrand
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 26 10 5
Occupied Rental Units by Size in Bertrand

A large number of apartments in Bertrand 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 Bertrand are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 12 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 Bertrand

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,342. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $743
Two BR $872
Three BR $1,229
Four BR $1,342
2024 Fair Market Rents in Bertrand, Nebraska

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

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
One BR 2 100 percent
Two BR 22 85 percent
Rental Units Below FMR in Bertrand, Nebraska

How many affordable rental units are in Bertrand?

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

Federal Program Unit Count
Low Income Housing Tax Credit 5
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Bertrand, Nebraska

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

Income Based Apartments in Bertrand, Nebraska

Bertrand features 8 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 Bertrand, Nebraska

There are 5 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bertrand.

Housing Choice Vouchers in Bertrand, Nebraska

On average, Section 8 Housing Choice vouchers pay Bertrand landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bertrand.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bertrand, Nebraska for a two-bedroom apartment is between $785 and $959.

Sourced from federal housing data and AffordableHousingOnline.com research.