Low Income Apartments and Affordable Housing For Rent in Thayer County, NE

Discover affordable housing in Thayer County where there are 5+ 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.

Parkside Manor

130 S 5th St, Hebron, Nebraska 68370

River Oaks Apt

1119 Jefferson Ave, Hebron, Nebraska

Two Sites

121 Park St, Deshler, Nebraska 68340

New Construction Only

216 Duffield Ave, Hebron, Nebraska 68370

Trailview Apartments

Euclid Ave, Hebron, Nebraska 68370

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

How many renters live in Thayer County, Nebraska?

The County of Thayer County has 5,006 people living in 2,056 households.

There are 1,058 renters living in 464 renter households in this County. Renters make up 21.13 percent of the population living in Thayer County.

What is the rental market like in Thayer County, Nebraska?

There are an estimated 2,520 housing units in the Thayer County area. Of these, 475 units are rental homes, making up 19 percent of the housing market. For every renter household in Thayer County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Thayer County?

The rental vacancy rate in Thayer County is 2 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 Thayer County for each bedroom size?

Occupied Rental Units by Size in Thayer County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 71 146 132 62
Occupied Rental Units by Size in Thayer County

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

Among renter households in this market, 25 percent have housing cost burden. Further, 13 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 Thayer County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,161. 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 $1,076
Four BR $1,161
2024 Fair Market Rents in Thayer County, Nebraska

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

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 5 100 percent
One BR 62 87 percent
Two BR 99 68 percent
Rental Units Below FMR in Thayer County, Nebraska

How many affordable rental units are in Thayer County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
Public Housing 30
Section 8 Project-Based Rental Assistance 24
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Thayer County, Nebraska

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

Income Based Apartments in Thayer County, Nebraska

Thayer County features 62 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 Thayer County, Nebraska

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thayer County.

Housing Choice Vouchers in Thayer County, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.