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

Discover affordable housing in Harvard where there are 3+ 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.

Park View Manor

502 E Walnut St, Harvard, Nebraska 68944

Pine Grove Estates

300 E 9th St, Harvard, Nebraska 68944

Oak Street Apartments

502 E Oak St, Harvard, Nebraska 68944

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

What HUD offices serve Harvard, 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 Public Housing programs for Harvard, Nebraska.

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

How many renters live in Harvard, Nebraska?

The City of Harvard has 1,056 people living in 422 households.

There are 242 renters living in 112 renter households in this City. Renters make up 22.92 percent of the population living in Harvard.

What is the rental market like in Harvard, Nebraska?

There are an estimated 474 housing units in the Harvard area. Of these, 117 units are rental homes, making up 25 percent of the housing market. For every renter household in Harvard, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Harvard?

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

Occupied Rental Units by Size in Harvard
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 14 60 12 7
Occupied Rental Units by Size in Harvard

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

Among renter households in this market, 54 percent have housing cost burden. Further, 5 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 Harvard

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,254. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $711
Two BR $872
Three BR $1,054
Four BR $1,254
2024 Fair Market Rents in Harvard, Nebraska

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

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 4 33 percent
One BR 12 86 percent
Two BR 52 87 percent
Rental Units Below FMR in Harvard, Nebraska

How many affordable rental units are in Harvard?

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

Federal Program Unit Count
Public Housing 19
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Harvard, Nebraska

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

Income Based Apartments in Harvard, Nebraska

Harvard features 32 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 Harvard, Nebraska

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Harvard.

Housing Choice Vouchers in Harvard, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.