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

Discover affordable housing in Cheyenne County where there are 9+ 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.

Sidney Properties

2429 11th Ave, Sidney, Nebraska 69162

Cheyenne Villa

1900 Ash St, Sidney, Nebraska 69162

Western Heritage Apartments

2459 11th Ave, Sidney, Nebraska 69162

The Village at Sidney

1201 Village Way, Sidney, Nebraska 69162

Canterbury Estates

2450 Canterbury Lane, Sidney, Nebraska 69162

CREST VIEW SOUTH

2770 11TH AVE, Sidney, Nebraska 69162

Valley View Apts

749 Payne, Lodgepole, Nebraska

Panhandle Community Serv

2750 11th Ave, Sidney, Nebraska 69162

Sidney Apartments II

2440 Fort Sidney Rd, Sidney, Nebraska 69162

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cheyenne County, Nebraska
$18.22/hour
$6.22 (+52%) more than Nebraska minimum wage and $10.97 (+151%) more than the Federal minimum wage.
Learn More About Cheyenne County, Nebraska Affordable Housing ↓

What HUD offices serve Cheyenne County, 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 Cheyenne County, Nebraska.

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

How many renters live in Cheyenne County, Nebraska?

The County of Cheyenne County has 9,489 people living in 4,311 households.

There are 2,589 renters living in 1,511 renter households in this County. Renters make up 27.28 percent of the population living in Cheyenne County.

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

There are an estimated 4,892 housing units in the Cheyenne County area. Of these, 1,614 units are rental homes, making up 33 percent of the housing market. For every renter household in Cheyenne County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Cheyenne County?

The rental vacancy rate in Cheyenne County is 6 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 Cheyenne County for each bedroom size?

Occupied Rental Units by Size in Cheyenne County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
93 307 698 272 115
Occupied Rental Units by Size in Cheyenne County

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

Among renter households in this market, 36 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 Cheyenne County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $736 to $1,281. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $736
One BR $741
Two BR $962
Three BR $1,217
Four BR $1,281
2024 Fair Market Rents in Cheyenne County, Nebraska

How many units are rented at Fair Market Rent (FMR) in Cheyenne 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
Studio 51 55 percent
One BR 174 57 percent
Two BR 381 55 percent
Rental Units Below FMR in Cheyenne County, Nebraska

How many affordable rental units are in Cheyenne County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 140
Section 8 Project-Based Rental Assistance 56
Section 811 Supportive Housing for Persons with Disabilities 6
USDA Section 515 Rural Rental Housing 23
Tracked Units by Federal Program in Cheyenne County, Nebraska

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

Income Based Apartments in Cheyenne County, Nebraska

Cheyenne County features 129 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 Cheyenne County, Nebraska

There are 142 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cheyenne County.

Housing Choice Vouchers in Cheyenne County, Nebraska

On average, Section 8 Housing Choice vouchers pay Cheyenne County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Cheyenne County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cheyenne County, Nebraska for a two-bedroom apartment is between $866 and $1,058.

Sourced from federal housing data and AffordableHousingOnline.com research.