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

Discover affordable housing in Kearney where there are 20+ 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.

Stoneridge Apartments

716A East 56th St, Kearney, Nebraska 68847

Judy Meadows

75 LaCrosse Dr, Kearney, Nebraska 68845

Platte Valley - Kearney

2007 W 38th Street, Kearney, Nebraska 68845

Cimarron Court Apartments

1011 Sixth Ave, Kearney, Nebraska 68845

Kearney Plaza Townhomes

65 Villa Drive, Kearney, Nebraska 68845

St Luke's Countryside Villa

2300 E 32nd St, Kearney, Nebraska 68847

Prairie View

211 E 8th St, Kearney, Nebraska 68847

Plaza Boulevard Apartments

50 Plaza Blvd, Kearney, Nebraska 68845

Emerson Place Apartments

600 E 23rd St, Kearney, Nebraska 68847

Centennial Park Apartments

1000 4th Ave, Kearney, Nebraska 68845

The Village at Kearney

88 La Crosse Dr, Kearney, Nebraska 68845

Kearney Plaza Homes

2711 W LA Platte Rd, Kearney, Nebraska 68845

Village Plaza

2704 W LA Platte Rd, Kearney, Nebraska 68845

Autumn Village

1712 E 39th St, Kearney, Nebraska 68847

Eastbrooke Gardens

5611 Eastbrooke Dr, Kearney, Nebraska 68847

Kearney Manor and Scattered Sites

2715 I Ave, Kearney, Nebraska 68847

Sibley Apartments

10th St and Ave E, Kearney, Nebraska 68843

Nebraska

1004 F Ave, Kearney, Nebraska 68847

Hines Rodehorst Apartments

1600 W 39th St, Kearney, Nebraska 68845

Southview Village Apartments

1004 W 11th St, Kearney, Nebraska 68845

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kearney, Nebraska
$18.18/hour
$6.18 (+52%) more than Nebraska minimum wage and $10.93 (+151%) more than the Federal minimum wage.
Learn More About Kearney, Nebraska Affordable Housing ↓

What HUD offices serve Kearney, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Kearney, Nebraska.

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

How many renters live in Kearney, Nebraska?

The City of Kearney has 33,809 people living in 13,579 households.

There are 11,443 renters living in 5,357 renter households in this City. Renters make up 33.85 percent of the population living in Kearney.

What is the rental market like in Kearney, Nebraska?

There are an estimated 14,472 housing units in the Kearney area. Of these, 5,610 units are rental homes, making up 39 percent of the housing market. For every renter household in Kearney, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Kearney?

The rental vacancy rate in Kearney is 4 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 for each bedroom size?

Occupied Rental Units by Size in Kearney
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
175 1,244 2,148 1,071 559
Occupied Rental Units by Size in Kearney

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

Among renter households in this market, 42 percent have housing cost burden. Further, 22 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

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,629. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $651
One BR $758
Two BR $960
Three BR $1,281
Four BR $1,629
2024 Fair Market Rents in Kearney, Nebraska

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

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 77 44 percent
One BR 661 53 percent
Two BR 1,281 60 percent
Rental Units Below FMR in Kearney, Nebraska

How many affordable rental units are in Kearney?

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

Federal Program Unit Count
Low Income Housing Tax Credit 374
Public Housing 171
Section 8 Project-Based Rental Assistance 161
Section 202 Supportive Housing for the Elderly 3
Section 811 Supportive Housing for Persons with Disabilities 24
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Kearney, Nebraska

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

Income Based Apartments in Kearney, Nebraska

Kearney features 371 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, Nebraska

There are 340 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kearney.

Housing Choice Vouchers in Kearney, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kearney, Nebraska for a two-bedroom apartment is between $864 and $1,056.

Sourced from federal housing data and AffordableHousingOnline.com research.