How many renters live in Creighton, Nebraska?
The City of Creighton has 1,241 people living in 499 households.
There are 255 renters living in 118 renter households in this City. Renters make up 20.55 percent of the population living in Creighton.
What is the rental market like in Creighton, Nebraska?
There are an estimated 606 housing units in the Creighton area. Of these, 118 units are rental homes, making up 19 percent of the housing market. For every renter household in Creighton, Nebraska, there are 1 rental units.
What is the vacancy rate for rentals in Creighton?
The rental vacancy rate in Creighton 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 Creighton for each bedroom size?
Occupied Rental Units by Size in Creighton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 24 | 57 | 22 | 11 |
Occupied Rental Units by Size in Creighton
A large number of apartments in Creighton 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 Creighton are overburdened by housing costs?
Among renter households in this market, 25 percent have housing cost burden. Further, 16 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 Creighton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,324. 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 | $1,149 |
| Four BR | $1,324 |
2024 Fair Market Rents in Creighton, Nebraska
How many units are rented at Fair Market Rent (FMR) in Creighton?
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 | 24 | 100 percent |
| Two BR | 44 | 77 percent |
Rental Units Below FMR in Creighton, Nebraska
How many affordable rental units are in Creighton?
There are a variety of federal affordable housing programs serving households in Creighton, Nebraska including the following:
| Federal Program | Unit Count |
| Public Housing | 33 |
Tracked Units by Federal Program in Creighton, Nebraska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Creighton, Nebraska
Creighton 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 Creighton, Nebraska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Creighton.
Housing Choice Vouchers in Creighton, Nebraska
On average, Section 8 Housing Choice vouchers pay Creighton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Creighton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Creighton, Nebraska for a two-bedroom apartment is between $785 and $959.
Sourced from federal housing data and AffordableHousingOnline.com research.
