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

Discover affordable housing in Howells where there are 1+ 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.

Howells Homes

416 and 418 South 3rd, Howells, Nebraska

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

How many renters live in Howells, Nebraska?

The City of Howells has 699 people living in 287 households.

There are 66 renters living in 26 renter households in this City. Renters make up 9.44 percent of the population living in Howells.

What is the rental market like in Howells, Nebraska?

There are an estimated 336 housing units in the Howells area. Of these, 32 units are rental homes, making up 10 percent of the housing market. For every renter household in Howells, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Howells?

The rental vacancy rate in Howells is 19 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 Howells for each bedroom size?

Occupied Rental Units by Size in Howells
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 1 3 6 9
Occupied Rental Units by Size in Howells

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

Among renter households in this market, 46 percent have housing cost burden. Further, 0 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 Howells

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $612 to $1,214. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $612
One BR $702
Two BR $903
Three BR $1,092
Four BR $1,214
2024 Fair Market Rents in Howells, Nebraska

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

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 7 100 percent
One BR 0 100 percent
Two BR 0 100 percent
Rental Units Below FMR in Howells, Nebraska

How many affordable rental units are in Howells?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 10
Tracked Units by Federal Program in Howells, Nebraska

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

Income Based Apartments in Howells, Nebraska

Howells features 10 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 Howells, Nebraska

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

Housing Choice Vouchers in Howells, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.