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

Discover affordable housing in Mccook where there are 10+ 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.

Clary Village

1605-1620 W 8TH ST, Mccook, Nebraska 69001

East Ward Village

507 E. 5th St, Mccook, Nebraska 69001

Maplewood Apartments

700 W 14th St, Mccook, Nebraska 69001

Mccook Public Housing

502 Missouri Avenue Cir, Mccook, Nebraska 69001

West Central

110 E E St, Mccook, Nebraska 69001

Missouri Manor II

402 Missouri Avenue Cir, Mccook, Nebraska 69001

West Central II Group Homes

812 E H St, Mccook, Nebraska 69001

Kelley Creek Apartments

101 Kelly Ct, Mccook, Nebraska 69001

Quillan Court

West 5th Street, McCook, Nebraska 69001

Mccook Ymca Apartments I

424 Norris Ave, Mccook, Nebraska 69001

calendar_today Opened: Jan 1
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

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

What HUD offices serve Mccook, 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 Mccook, Nebraska.

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

How many renters live in Mccook, Nebraska?

The City of Mccook has 7,412 people living in 3,168 households.

There are 2,333 renters living in 1,070 renter households in this City. Renters make up 31.48 percent of the population living in Mccook.

What is the rental market like in Mccook, Nebraska?

There are an estimated 3,872 housing units in the Mccook area. Of these, 1,206 units are rental homes, making up 31 percent of the housing market. For every renter household in Mccook, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Mccook?

The rental vacancy rate in Mccook is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Mccook for each bedroom size?

Occupied Rental Units by Size in Mccook
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
58 260 331 320 73
Occupied Rental Units by Size in Mccook

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

Among renter households in this market, 44 percent have housing cost burden. Further, 29 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 Mccook

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,195. 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 $1,195
2024 Fair Market Rents in Mccook, Nebraska

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

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 4 7 percent
One BR 105 40 percent
Two BR 220 66 percent
Rental Units Below FMR in Mccook, Nebraska

How many affordable rental units are in Mccook?

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

Federal Program Unit Count
Low Income Housing Tax Credit 107
Public Housing 30
Section 8 Project-Based Rental Assistance 80
Section 811 Supportive Housing for Persons with Disabilities 15
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Mccook, Nebraska

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

Income Based Apartments in Mccook, Nebraska

Mccook features 142 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 Mccook, Nebraska

There are 119 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mccook.

Housing Choice Vouchers in Mccook, Nebraska

On average, Section 8 Housing Choice vouchers pay Mccook landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Mccook.

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

Sourced from federal housing data and AffordableHousingOnline.com research.