How many renters live in Arcadia, Nebraska?
The City of Arcadia has people living in households.
There are renters living in renter households in this City. Renters make up 16.82 percent of the population living in Arcadia.
What is the rental market like in Arcadia, Nebraska?
There are an estimated housing units in the Arcadia area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Arcadia, Nebraska, there are 1.33 rental units.
What is the vacancy rate for rentals in Arcadia?
The rental vacancy rate in Arcadia is 25 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 Arcadia for each bedroom size?
Occupied Rental Units by Size in Arcadia
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 12 | 6 | 9 | 0 |
Occupied Rental Units by Size in Arcadia
A large number of apartments in Arcadia have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Arcadia
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,163. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $591 |
| One BR | $665 |
| Two BR | $872 |
| Three BR | $1,074 |
| Four BR | $1,163 |
2024 Fair Market Rents in Arcadia, Nebraska
How many units are rented at Fair Market Rent (FMR) in Arcadia?
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 | 11 | 92 percent |
| Two BR | 4 | 67 percent |
Rental Units Below FMR in Arcadia, Nebraska
How many affordable rental units are in Arcadia?
There are a variety of federal affordable housing programs serving households in Arcadia, Nebraska including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Arcadia, Nebraska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Arcadia, Nebraska
Arcadia features 8 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 Arcadia, Nebraska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Arcadia.
Housing Choice Vouchers in Arcadia, Nebraska
On average, Section 8 Housing Choice vouchers pay Arcadia landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Arcadia.
The maximum amount a voucher would pay on behalf of a low-income tenant in Arcadia, Nebraska for a two-bedroom apartment is between $785 and $959.
Sourced from federal housing data and AffordableHousingOnline.com research.