Low Income Apartments and Affordable Housing For Rent in Loup City, NE

Discover affordable housing in Loup City where there are 2+ 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.

Mid - Loup Apartments

801 N 11th St, Loup City, Nebraska 68853

Westside Park

1048 K St, Loup City, Nebraska 68853

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

What HUD offices serve Loup City, 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 Loup City, Nebraska.

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

How many renters live in Loup City, Nebraska?

The City of Loup City has 980 people living in 449 households.

There are 303 renters living in 169 renter households in this City. Renters make up 30.92 percent of the population living in Loup City.

What is the rental market like in Loup City, Nebraska?

There are an estimated 534 housing units in the Loup City area. Of these, 178 units are rental homes, making up 33 percent of the housing market. For every renter household in Loup City, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Loup City?

The rental vacancy rate in Loup City is 5 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 Loup City for each bedroom size?

Occupied Rental Units by Size in Loup City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 30 85 33 3
Occupied Rental Units by Size in Loup City

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

Among renter households in this market, 28 percent have housing cost burden. Further, 26 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 Loup City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,237. 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 $1,218
Four BR $1,237
2024 Fair Market Rents in Loup City, Nebraska

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

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 15 50 percent
Two BR 67 79 percent
Rental Units Below FMR in Loup City, Nebraska

How many affordable rental units are in Loup City?

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

Federal Program Unit Count
Public Housing 34
Tracked Units by Federal Program in Loup City, Nebraska

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

Income Based Apartments in Loup City, Nebraska

Loup City features 38 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 Loup City, Nebraska

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

Housing Choice Vouchers in Loup City, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.