Low Income Apartments and Affordable Housing For Rent in Boyd County, NE

Discover affordable housing in Boyd County where there are 1+ 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.

Twin Butte Villa

620 George St, Butte, Nebraska 68722

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Boyd County, 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 Boyd County, Nebraska Affordable Housing ↓

How many renters live in Boyd County, Nebraska?

The County of Boyd County has 1,767 people living in 807 households.

There are 282 renters living in 138 renter households in this County. Renters make up 15.96 percent of the population living in Boyd County.

What is the rental market like in Boyd County, Nebraska?

There are an estimated 1,210 housing units in the Boyd County area. Of these, 151 units are rental homes, making up 12 percent of the housing market. For every renter household in Boyd County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Boyd County?

The rental vacancy rate in Boyd County is 9 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 Boyd County for each bedroom size?

Occupied Rental Units by Size in Boyd County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 15 61 50 12
Occupied Rental Units by Size in Boyd County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 8 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 Boyd County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,163. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $665
Two BR $872
Three BR $1,103
Four BR $1,163
2024 Fair Market Rents in Boyd County, Nebraska

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

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 6 40 percent
Two BR 51 84 percent
Rental Units Below FMR in Boyd County, Nebraska

How many affordable rental units are in Boyd County?

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

Federal Program Unit Count
Public Housing 10
Section 8 Project-Based Rental Assistance 8
Tracked Units by Federal Program in Boyd County, Nebraska

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

Income Based Apartments in Boyd County, Nebraska

Boyd County 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 Boyd County, Nebraska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Boyd County.

Housing Choice Vouchers in Boyd County, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.