How many renters live in Banner County, Nebraska?
The County of Banner County has people living in households.
There are renters living in renter households in this County. Renters make up 25.37 percent of the population living in Banner County.
What is the rental market like in Banner County, Nebraska?
There are an estimated housing units in the Banner County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Banner County, Nebraska, there are 1 rental units.
What is the vacancy rate for rentals in Banner County?
The rental vacancy rate in Banner County is 0 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 Banner County for each bedroom size?
Occupied Rental Units by Size in Banner County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 0 | 13 | 21 | 5 |
Occupied Rental Units by Size in Banner County
A large number of apartments in Banner County 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 Banner County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $593 to $1,167. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $593 |
| One BR | $666 |
| Two BR | $875 |
| Three BR | $1,107 |
| Four BR | $1,167 |
2024 Fair Market Rents in Banner County, Nebraska
How many units are rented at Fair Market Rent (FMR) in Banner County?
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 |
| Studio | 2 | 100 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Banner County, Nebraska
How many affordable rental units are in Banner County?
Income Based Apartments in Banner County, Nebraska
Banner County features 0 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 Banner County, Nebraska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Banner County.
Housing Choice Vouchers in Banner County, Nebraska
On average, Section 8 Housing Choice vouchers pay Banner County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Banner County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Banner County, Nebraska for a two-bedroom apartment is between $788 and $963.
Sourced from federal housing data and AffordableHousingOnline.com research.