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

Discover affordable housing in Kearney County 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.

Minden West Estates

1338 W Sycamore St, Minden, Nebraska 68959

East View Court

849 E 2nd St, Minden, Nebraska 68959

Windmill Manor

310 E 5th St, Axtell, Nebraska 68924

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kearney County, Nebraska
$16.88/hour
$4.88 (+41%) more than Nebraska minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Kearney County, Nebraska Affordable Housing ↓

How many renters live in Kearney County, Nebraska?

The County of Kearney County has 6,655 people living in 2,683 households.

There are 1,495 renters living in 617 renter households in this County. Renters make up 22.46 percent of the population living in Kearney County.

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

There are an estimated 2,970 housing units in the Kearney County area. Of these, 628 units are rental homes, making up 21 percent of the housing market. For every renter household in Kearney County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Kearney County?

The rental vacancy rate in Kearney County 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 Kearney County for each bedroom size?

Occupied Rental Units by Size in Kearney County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 47 236 235 51
Occupied Rental Units by Size in Kearney County

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

Among renter households in this market, 14 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 Kearney County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,187. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $678
Two BR $891
Three BR $1,077
Four BR $1,187
2024 Fair Market Rents in Kearney County, Nebraska

How many units are rented at Fair Market Rent (FMR) in Kearney 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 11 100 percent
One BR 30 64 percent
Two BR 108 46 percent
Rental Units Below FMR in Kearney County, Nebraska

How many affordable rental units are in Kearney County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 26
Public Housing 28
Section 8 Project-Based Rental Assistance 8
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Kearney County, Nebraska

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

Income Based Apartments in Kearney County, Nebraska

Kearney County features 36 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 Kearney County, Nebraska

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kearney County.

Housing Choice Vouchers in Kearney County, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kearney County, Nebraska for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.