Low Income Apartments and Affordable Housing For Rent in Table Rock, NE

Discover affordable housing in Table Rock 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.

Table Rock Village Apartments

502 10th St, Table Rock, Nebraska 68447

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

How many renters live in Table Rock, Nebraska?

The City of Table Rock has 334 people living in 150 households.

There are 51 renters living in 34 renter households in this City. Renters make up 15.27 percent of the population living in Table Rock.

What is the rental market like in Table Rock, Nebraska?

There are an estimated 174 housing units in the Table Rock area. Of these, 38 units are rental homes, making up 22 percent of the housing market. For every renter household in Table Rock, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Table Rock?

The rental vacancy rate in Table Rock 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 Table Rock for each bedroom size?

Occupied Rental Units by Size in Table Rock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 29 5 0
Occupied Rental Units by Size in Table Rock

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

Among renter households in this market, 35 percent have housing cost burden. Further, 3 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 Table Rock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,163. 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 $1,130
Four BR $1,163
2024 Fair Market Rents in Table Rock, Nebraska

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

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
Two BR 21 72 percent
Rental Units Below FMR in Table Rock, Nebraska

How many affordable rental units are in Table Rock?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4
Tracked Units by Federal Program in Table Rock, Nebraska

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

Income Based Apartments in Table Rock, Nebraska

Table Rock features 0 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 Table Rock, Nebraska

There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Table Rock.

Housing Choice Vouchers in Table Rock, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.