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

Discover affordable housing in Gothenburg where there are 7+ 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.

North Star Apartments

2016 Avenue H, Gothenburg, Nebraska 69138

Crestview Senior Housing

2121 Avenue H, Gothenburg, Nebraska 69138

Stone Hearth Estates

110 20th St, Gothenburg, Nebraska 69138

Gothenburg ( City of )

2310 Avenue L, Gothenburg, Nebraska 69138

Jefferson Square

1009 Jefferson St, Gothenburg, Nebraska 69138

Hillcrest

810 20th St, Gothenburg, Nebraska 69138

Lakeside Apartments

210 20th St, Gothenburg, Nebraska 69138

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

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

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

How many renters live in Gothenburg, Nebraska?

The City of Gothenburg has 3,463 people living in 1,382 households.

There are 503 renters living in 329 renter households in this City. Renters make up 14.52 percent of the population living in Gothenburg.

What is the rental market like in Gothenburg, Nebraska?

There are an estimated 1,626 housing units in the Gothenburg area. Of these, 329 units are rental homes, making up 20 percent of the housing market. For every renter household in Gothenburg, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Gothenburg?

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

Occupied Rental Units by Size in Gothenburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 94 146 53 30
Occupied Rental Units by Size in Gothenburg

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

Among renter households in this market, 27 percent have housing cost burden. Further, 10 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 Gothenburg

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 Gothenburg, Nebraska

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

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 0 100 percent
One BR 57 61 percent
Two BR 86 59 percent
Rental Units Below FMR in Gothenburg, Nebraska

How many affordable rental units are in Gothenburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 53
Public Housing 68
Section 202 Supportive Housing for the Elderly 16
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Gothenburg, Nebraska

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

Income Based Apartments in Gothenburg, Nebraska

Gothenburg features 124 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 Gothenburg, Nebraska

There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gothenburg.

Housing Choice Vouchers in Gothenburg, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.