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

Discover affordable housing in Gordon 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.

Gordon Villa

109 N Cornell St, Gordon, Nebraska 69343

Sunrise Vista Apt

400 E 10th St, Gordon, Nebraska

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 Gordon, 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 Gordon, Nebraska Affordable Housing ↓

What HUD offices serve Gordon, 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 Gordon, Nebraska.
Operates the Public Housing programs for Gordon, Nebraska.

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

How many renters live in Gordon, Nebraska?

The City of Gordon has 1,697 people living in 652 households.

There are 511 renters living in 195 renter households in this City. Renters make up 30.11 percent of the population living in Gordon.

What is the rental market like in Gordon, Nebraska?

There are an estimated 761 housing units in the Gordon area. Of these, 208 units are rental homes, making up 27 percent of the housing market. For every renter household in Gordon, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Gordon?

The rental vacancy rate in Gordon 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 Gordon for each bedroom size?

Occupied Rental Units by Size in Gordon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 30 72 69 24
Occupied Rental Units by Size in Gordon

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

Among renter households in this market, 30 percent have housing cost burden. Further, 13 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 Gordon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,185. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $730
Two BR $872
Three BR $1,054
Four BR $1,185
2024 Fair Market Rents in Gordon, Nebraska

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

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 25 83 percent
Two BR 49 68 percent
Rental Units Below FMR in Gordon, Nebraska

How many affordable rental units are in Gordon?

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

Federal Program Unit Count
Public Housing 25
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Gordon, Nebraska

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

Income Based Apartments in Gordon, Nebraska

Gordon features 37 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 Gordon, Nebraska

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

Housing Choice Vouchers in Gordon, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.