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

Discover affordable housing in Cozad where there are 5+ 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.

Cozad Housing

901 Avenue L, Cozad, Nebraska 69130

Haymaker Haven

421 W 9th St, Cozad, Nebraska 69130

Park Plaza Apartments

921 Avenue L, Cozad, Nebraska 69130

East Villa Court

1204 E 11th St, Cozad, Nebraska 69130

Cozad, City Of

2101 Avenue O, Cozad, Nebraska 69130

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cozad, Nebraska
$17.10/hour
$5.10 (+43%) more than Nebraska minimum wage and $9.85 (+136%) more than the Federal minimum wage.
Learn More About Cozad, Nebraska Affordable Housing ↓

What HUD offices serve Cozad, 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 Cozad, Nebraska.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Cozad, Nebraska.

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

How many renters live in Cozad, Nebraska?

The City of Cozad has 3,943 people living in 1,689 households.

There are 1,226 renters living in 624 renter households in this City. Renters make up 31.09 percent of the population living in Cozad.

What is the rental market like in Cozad, Nebraska?

There are an estimated 1,894 housing units in the Cozad area. Of these, 624 units are rental homes, making up 33 percent of the housing market. For every renter household in Cozad, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Cozad?

The rental vacancy rate in Cozad is 0 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 Cozad for each bedroom size?

Occupied Rental Units by Size in Cozad
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
23 151 290 154 6
Occupied Rental Units by Size in Cozad

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

Among renter households in this market, 45 percent have housing cost burden. Further, 21 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 Cozad

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $612 to $1,203. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $612
One BR $804
Two BR $903
Three BR $1,139
Four BR $1,203
2024 Fair Market Rents in Cozad, Nebraska

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

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 65 percent
One BR 109 72 percent
Two BR 177 61 percent
Rental Units Below FMR in Cozad, Nebraska

How many affordable rental units are in Cozad?

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

Federal Program Unit Count
Low Income Housing Tax Credit 25
Public Housing 40
Section 8 Project-Based Rental Assistance 36
Section 202 Supportive Housing for the Elderly 10
Section 811 Supportive Housing for Persons with Disabilities 5
Tracked Units by Federal Program in Cozad, Nebraska

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

Income Based Apartments in Cozad, Nebraska

Cozad features 80 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 Cozad, Nebraska

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cozad.

Housing Choice Vouchers in Cozad, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cozad, Nebraska for a two-bedroom apartment is between $813 and $993.

Sourced from federal housing data and AffordableHousingOnline.com research.