Affordable Housing In Chadron
Dawes County, Nebraska

5 Low Income Apartment Communities In Chadron

Royal Court

740 Pine St
Chadron, Nebraska
Subsidized

Maple Ridge Apartments

841 Maple St
Chadron, Nebraska

Pine Oak Vista III

201 Pine St
Chadron, Nebraska
Accepts Vouchers

Pine Court West Hills Villa Apartments

610 Pine St
Chadron, Nebraska
Subsidized

Chardron Apartments I

700 W 8th St
Chadron, Nebraska
Accepts Vouchers
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Housing Authorities that serve Chadron

Housing Authority Programs
Chadron Housing Authority Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Chadron, Nebraska

There are 5 low income housing apartment communities offering 161 affordable apartments for rent in Chadron, Nebraska.

Income Based Apartments in Chadron, Nebraska

Chadron features 95 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 Chadron, Nebraska

There are 66 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chadron.

Housing Choice Vouchers in Chadron, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chadron, Nebraska for a two-bedroom apartment is between $639 and $781.

2020 Chadron, Nebraska Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $463 $539 $710 $885 $1,000
Payment Standard Range $417 to $509 $485 to $593 $639 to $781 $797 to $974 $900 to $1,100

Sourced from federal housing data and AffordableHousingOnline.com research.

Chadron, NE Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 161
Total Housing Units with Rental Assistance 95
Percentage of Housing Units Occupied By Renters 46.16%
Average Renter Household Size 2.02
Average Household Size 2.26
Median Household Income $39,688 ±$10,100
Median Rent $554 ±$116
Percentage Of Renters Overburdened 46.97% ± 15.4pp
Total Population 5,828

Population and Household Demographics

Chadron is a City in Dawes County, Nebraska with a population of 5,828. There are 2,177 households in the city with an average household size of 2.26 persons. 46.16% of households in Chadron are renters.

Income and Rent Overburden in Chadron

The median gross income for households in Chadron is $39,688 a year, or $3,307 a month. The median rent for the city is $554 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Chadron, a household making less than $1,847 a month would be considered overburdened when renting an apartment at or above the median rent. 46.97% of households who rent are overburdened in Chadron.1

Area Median Income In Chadron

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Chadron, the AMI is calculated from all households within Dawes County.

In Chadron, HUD calculates the Area Median Income for a family of four as $60,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Chadron

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Chadron

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,500 $28,000 $31,500 $35,000 $37,800 $40,600 $43,400 $46,200
80% of Median $39,200 $44,800 $50,400 $56,000 $60,500 $65,000 $69,450 $73,950