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

Discover affordable housing in Walthill where there are 2+ 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.

Parkview Apartments

102 S Broughton St, Walthill, Nebraska 68067

Walthill Apartments CO Hamilton Prop

311 N Little, Walthill, Nebraska 68067

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

How many renters live in Walthill, Nebraska?

The City of Walthill has 911 people living in 201 households.

There are 307 renters living in 68 renter households in this City. Renters make up 33.7 percent of the population living in Walthill.

What is the rental market like in Walthill, Nebraska?

There are an estimated 240 housing units in the Walthill area. Of these, 73 units are rental homes, making up 30 percent of the housing market. For every renter household in Walthill, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Walthill?

The rental vacancy rate in Walthill is 7 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 Walthill for each bedroom size?

Occupied Rental Units by Size in Walthill
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 5 37 13 9
Occupied Rental Units by Size in Walthill

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

Among renter households in this market, 18 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 Walthill

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 $1,073
Four BR $1,161
2024 Fair Market Rents in Walthill, Nebraska

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

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 0 100 percent
Two BR 22 59 percent
Rental Units Below FMR in Walthill, Nebraska

How many affordable rental units are in Walthill?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 14
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Walthill, Nebraska

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

Income Based Apartments in Walthill, Nebraska

Walthill features 16 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 Walthill, Nebraska

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walthill.

Housing Choice Vouchers in Walthill, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.