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

Discover affordable housing in Wahoo where there are 7+ 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.

Koch Apartments

963 W Dale Ln, Wahoo, Nebraska 68066

Westview Apartments

1229 N Hackberry St, Wahoo, Nebraska 68066

Laurelbrooke Estates

TBD LAUREL AVENUE, Wahoo, Nebraska 68066

Chestnut North

1992 N Maple St, Wahoo, Nebraska 68066

New Construction Mf 24 - Unit Rental

140 W 13th St, Wahoo, Nebraska 68066

Southview Apartments

415 W A St, Wahoo, Nebraska 68066

Northview Apartments

1252 N Beech St, Wahoo, Nebraska 68066

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 Wahoo, Nebraska
$17.52/hour
$5.52 (+46%) more than Nebraska minimum wage and $10.27 (+142%) more than the Federal minimum wage.
Learn More About Wahoo, Nebraska Affordable Housing ↓

What HUD offices serve Wahoo, 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 Wahoo, Nebraska.

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

How many renters live in Wahoo, Nebraska?

The City of Wahoo has 4,832 people living in 1,850 households.

There are 1,176 renters living in 605 renter households in this City. Renters make up 24.34 percent of the population living in Wahoo.

What is the rental market like in Wahoo, Nebraska?

There are an estimated 1,918 housing units in the Wahoo area. Of these, 631 units are rental homes, making up 33 percent of the housing market. For every renter household in Wahoo, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Wahoo?

The rental vacancy rate in Wahoo is 4 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 Wahoo for each bedroom size?

Occupied Rental Units by Size in Wahoo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 134 322 131 18
Occupied Rental Units by Size in Wahoo

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

Among renter households in this market, 29 percent have housing cost burden. Further, 21 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 Wahoo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $709 to $1,354. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $709
One BR $769
Two BR $925
Three BR $1,142
Four BR $1,354
2024 Fair Market Rents in Wahoo, Nebraska

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

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 61 46 percent
Two BR 106 33 percent
Rental Units Below FMR in Wahoo, Nebraska

How many affordable rental units are in Wahoo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 81
Section 8 Project-Based Rental Assistance 66
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Wahoo, Nebraska

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

Income Based Apartments in Wahoo, Nebraska

Wahoo features 106 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 Wahoo, Nebraska

There are 29 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wahoo.

Housing Choice Vouchers in Wahoo, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wahoo, Nebraska for a two-bedroom apartment is between $833 and $1,018.

Sourced from federal housing data and AffordableHousingOnline.com research.