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

Discover affordable housing in Trenton 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.

Court Street Villa

308 E 1st St, Trenton, Nebraska 69044

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

How many renters live in Trenton, Nebraska?

The City of Trenton has 442 people living in 167 households.

There are 98 renters living in 57 renter households in this City. Renters make up 22.17 percent of the population living in Trenton.

What is the rental market like in Trenton, Nebraska?

There are an estimated 291 housing units in the Trenton area. Of these, 66 units are rental homes, making up 23 percent of the housing market. For every renter household in Trenton, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Trenton?

The rental vacancy rate in Trenton is 14 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 Trenton for each bedroom size?

Occupied Rental Units by Size in Trenton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 19 23 5 0
Occupied Rental Units by Size in Trenton

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

Among renter households in this market, 21 percent have housing cost burden. Further, 2 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 Trenton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,355. 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 $1,078
Four BR $1,355
2024 Fair Market Rents in Trenton, Nebraska

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

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 10 100 percent
One BR 17 89 percent
Two BR 20 87 percent
Rental Units Below FMR in Trenton, Nebraska

How many affordable rental units are in Trenton?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 12
USDA Section 515 Rural Rental Housing 17
Tracked Units by Federal Program in Trenton, Nebraska

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

Income Based Apartments in Trenton, Nebraska

Trenton features 17 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 Trenton, Nebraska

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

Housing Choice Vouchers in Trenton, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.