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

Discover affordable housing in Humboldt 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.

Parkview Heights Addition

626 Parkview Dr, Humboldt, Nebraska 68376

Parkview Heights

642 Parkview Dr, Humboldt, Nebraska 68376

Humboldt Village Apartments

1030 Grand Ave, Humboldt, Nebraska 68376

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

What HUD offices serve Humboldt, 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 Humboldt, Nebraska.

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

How many renters live in Humboldt, Nebraska?

The City of Humboldt has 876 people living in 397 households.

There are 220 renters living in 136 renter households in this City. Renters make up 25.11 percent of the population living in Humboldt.

What is the rental market like in Humboldt, Nebraska?

There are an estimated 481 housing units in the Humboldt area. Of these, 136 units are rental homes, making up 28 percent of the housing market. For every renter household in Humboldt, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Humboldt?

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

Occupied Rental Units by Size in Humboldt
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 40 45 34 12
Occupied Rental Units by Size in Humboldt

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

Among renter households in this market, 17 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 Humboldt

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,161. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $664
Two BR $872
Three BR $1,054
Four BR $1,161
2024 Fair Market Rents in Humboldt, Nebraska

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

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 5 100 percent
One BR 37 93 percent
Two BR 30 67 percent
Rental Units Below FMR in Humboldt, Nebraska

How many affordable rental units are in Humboldt?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4
Public Housing 28
Section 8 Project-Based Rental Assistance 8
Tracked Units by Federal Program in Humboldt, Nebraska

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

Income Based Apartments in Humboldt, Nebraska

Humboldt 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 Humboldt, Nebraska

There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Humboldt.

Housing Choice Vouchers in Humboldt, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.