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

Discover affordable housing in Lodgepole 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.

Valley View Apts

749 Payne, Lodgepole, Nebraska

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 Lodgepole, Nebraska
$18.22/hour
$6.22 (+52%) more than Nebraska minimum wage and $10.97 (+151%) more than the Federal minimum wage.
Learn More About Lodgepole, Nebraska Affordable Housing ↓

What HUD offices serve Lodgepole, 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 Lodgepole, Nebraska.

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

How many renters live in Lodgepole, Nebraska?

The City of Lodgepole has 248 people living in 153 households.

There are 30 renters living in 28 renter households in this City. Renters make up 12.1 percent of the population living in Lodgepole.

What is the rental market like in Lodgepole, Nebraska?

There are an estimated 186 housing units in the Lodgepole area. Of these, 28 units are rental homes, making up 15 percent of the housing market. For every renter household in Lodgepole, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Lodgepole?

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

Occupied Rental Units by Size in Lodgepole
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2 2 17 4 1
Occupied Rental Units by Size in Lodgepole

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

Among renter households in this market, 32 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 Lodgepole

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $736 to $1,281. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $736
One BR $741
Two BR $962
Three BR $1,217
Four BR $1,281
2024 Fair Market Rents in Lodgepole, Nebraska

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

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 0 100 percent
One BR 2 100 percent
Two BR 13 76 percent
Rental Units Below FMR in Lodgepole, Nebraska

How many affordable rental units are in Lodgepole?

Income Based Apartments in Lodgepole, Nebraska

Lodgepole features 4 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 Lodgepole, Nebraska

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

Housing Choice Vouchers in Lodgepole, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lodgepole, Nebraska for a two-bedroom apartment is between $866 and $1,058.

Sourced from federal housing data and AffordableHousingOnline.com research.