Low Income Apartments and Affordable Housing For Rent in North Bend, NE

Discover affordable housing in North Bend 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.

North Bend Estates

820 Locust St, North Bend, 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 North Bend, Nebraska
$18.48/hour
$6.48 (+54%) more than Nebraska minimum wage and $11.23 (+155%) more than the Federal minimum wage.
Learn More About North Bend, Nebraska Affordable Housing ↓

What HUD offices serve North Bend, 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 North Bend, Nebraska.

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

How many renters live in North Bend, Nebraska?

The City of North Bend has 1,250 people living in 446 households.

There are 155 renters living in 71 renter households in this City. Renters make up 12.4 percent of the population living in North Bend.

What is the rental market like in North Bend, Nebraska?

There are an estimated 487 housing units in the North Bend area. Of these, 71 units are rental homes, making up 15 percent of the housing market. For every renter household in North Bend, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in North Bend?

The rental vacancy rate in North Bend 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 North Bend for each bedroom size?

Occupied Rental Units by Size in North Bend
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 11 24 16 17
Occupied Rental Units by Size in North Bend

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

Among renter households in this market, 14 percent have housing cost burden. Further, 7 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 North Bend

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $662 to $1,300. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $662
One BR $743
Two BR $976
Three BR $1,180
Four BR $1,300
2024 Fair Market Rents in North Bend, Nebraska

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

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 9 82 percent
Two BR 12 50 percent
Rental Units Below FMR in North Bend, Nebraska

How many affordable rental units are in North Bend?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in North Bend, Nebraska

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

Income Based Apartments in North Bend, Nebraska

North Bend features 16 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 North Bend, Nebraska

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

Housing Choice Vouchers in North Bend, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in North Bend, Nebraska for a two-bedroom apartment is between $878 and $1,074.

Sourced from federal housing data and AffordableHousingOnline.com research.