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

Discover affordable housing in Wymore 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.

Park Lodge

300 N 7th St, Wymore, Nebraska 68466

Hilltop Lodge

621 N 6th St, Wymore, Nebraska

Pine Grove

1017 W D St, Wymore, Nebraska 68466

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

What HUD offices serve Wymore, 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 Wymore, Nebraska.

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

How many renters live in Wymore, Nebraska?

The City of Wymore has 1,287 people living in 547 households.

There are 289 renters living in 126 renter households in this City. Renters make up 22.46 percent of the population living in Wymore.

What is the rental market like in Wymore, Nebraska?

There are an estimated 702 housing units in the Wymore area. Of these, 135 units are rental homes, making up 19 percent of the housing market. For every renter household in Wymore, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Wymore?

The rental vacancy rate in Wymore 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 Wymore for each bedroom size?

Occupied Rental Units by Size in Wymore
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 30 46 32 2
Occupied Rental Units by Size in Wymore

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

Among renter households in this market, 33 percent have housing cost burden. Further, 19 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 Wymore

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,227. 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 $1,054
Four BR $1,227
2024 Fair Market Rents in Wymore, Nebraska

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

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 26 87 percent
Two BR 32 70 percent
Rental Units Below FMR in Wymore, Nebraska

How many affordable rental units are in Wymore?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
Public Housing 26
Tracked Units by Federal Program in Wymore, Nebraska

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

Income Based Apartments in Wymore, Nebraska

Wymore features 33 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 Wymore, Nebraska

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

Housing Choice Vouchers in Wymore, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.