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

Discover affordable housing in Holt County where there are 6+ 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.

Kincaid Village Apartments

313 Church St, O'Neill, Nebraska 68763

Stuart Village Manor 3

606 Garfield St, Stuart, Nebraska 68780

Elkhorn Meadows

510 W Pearl St, Atkinson, Nebraska 68713

Country Clover Estates

Putter St, O'Neill, Nebraska 68763

Bauer Memorial Homes

120 West Lincoln, Ewing, Nebraska

North Park Homes

320 W Hynes Street, O'neill, Nebraska

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

How many renters live in Holt County, Nebraska?

The County of Holt County has 10,149 people living in 3,996 households.

There are 2,920 renters living in 1,113 renter households in this County. Renters make up 28.77 percent of the population living in Holt County.

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

There are an estimated 4,903 housing units in the Holt County area. Of these, 1,268 units are rental homes, making up 26 percent of the housing market. For every renter household in Holt County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Holt County?

The rental vacancy rate in Holt County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Holt County for each bedroom size?

Occupied Rental Units by Size in Holt County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
28 202 485 237 88
Occupied Rental Units by Size in Holt County

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

Among renter households in this market, 25 percent have housing cost burden. Further, 11 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 Holt County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,334. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $724
Two BR $872
Three BR $1,054
Four BR $1,334
2024 Fair Market Rents in Holt County, Nebraska

How many units are rented at Fair Market Rent (FMR) in Holt 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 23 82 percent
One BR 142 70 percent
Two BR 266 55 percent
Rental Units Below FMR in Holt County, Nebraska

How many affordable rental units are in Holt County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 49
Section 8 Project-Based Rental Assistance 36
USDA Section 515 Rural Rental Housing 106
Tracked Units by Federal Program in Holt County, Nebraska

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

Income Based Apartments in Holt County, Nebraska

Holt County features 64 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 Holt County, Nebraska

There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holt County.

Housing Choice Vouchers in Holt County, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.