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

Discover affordable housing in Verdigre where there are 3+ 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.

Terrace View Apartments

702 Oak St, Verdigre, Nebraska 68783

Southview Apartments

508 James St, Verdigre, Nebraska 68783

Czech Alps Terrace

615 S Main St, Verdigre, Nebraska 68783

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

What HUD offices serve Verdigre, 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 Public Housing programs for Verdigre, Nebraska.

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

How many renters live in Verdigre, Nebraska?

The City of Verdigre has 609 people living in 223 households.

There are 167 renters living in 71 renter households in this City. Renters make up 27.42 percent of the population living in Verdigre.

What is the rental market like in Verdigre, Nebraska?

There are an estimated 264 housing units in the Verdigre area. Of these, 73 units are rental homes, making up 28 percent of the housing market. For every renter household in Verdigre, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Verdigre?

The rental vacancy rate in Verdigre is 3 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 Verdigre for each bedroom size?

Occupied Rental Units by Size in Verdigre
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 19 24 20 8
Occupied Rental Units by Size in Verdigre

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

Among renter households in this market, 37 percent have housing cost burden. Further, 17 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 Verdigre

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,324. 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 $1,149
Four BR $1,324
2024 Fair Market Rents in Verdigre, Nebraska

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

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
One BR 19 100 percent
Two BR 21 88 percent
Rental Units Below FMR in Verdigre, Nebraska

How many affordable rental units are in Verdigre?

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

Federal Program Unit Count
Public Housing 16
USDA Section 515 Rural Rental Housing 14
Tracked Units by Federal Program in Verdigre, Nebraska

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

Income Based Apartments in Verdigre, Nebraska

Verdigre features 30 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 Verdigre, Nebraska

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

Housing Choice Vouchers in Verdigre, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.