Affordable Housing In Creighton
Knox County, Nebraska

1 Low Income Apartment Communities In Creighton

Bruce Park Terrace

1106 Millard Ave
Creighton, Nebraska
  • «
  • 1
  • »

Guide To Affordable Housing in Creighton, Nebraska

There are 1 low income housing apartment communities offering 35 affordable apartments for rent in Creighton, Nebraska.

Income Based Apartments in Creighton, Nebraska

Creighton features 35 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 $681 and $833.

2022 Creighton, 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
Creighton, Nebraska Fair Market Rent $507 $575 $757 $999 $1,127
Creighton, Nebraska Payment Standard Range $456 to $558 $518 to $633 $681 to $833 $899 to $1,099 $1,014 to $1,240

Sourced from federal housing data and research.

Creighton, NE Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 35
Total Housing Units with Rental Assistance 35
Percentage of Housing Units Occupied By Renters 21.16%
Average Renter Household Size 1.79
Average Household Size 2.00
Median Household Income $41,806 ±$7,750
Median Rent $599 ±$128
Percentage Of Renters Overburdened 23.08% ± 13.69pp
Total Population 1,151

Population and Household Demographics

Creighton is a city in Knox County, Nebraska with a population of 1,151. There are 553 households in the city with an average household size of 2.00 persons. 21.16% of households in Creighton are renters.

Income and Rent Overburden in Creighton

The median gross income for households in Creighton is $41,806 a year, or $3,484 a month. The median rent for the city is $599 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Creighton, a household making less than $1,997 a month would be considered overburdened when renting an apartment at or above the median rent. 23.08% of households who rent are overburdened in Creighton.

Area Median Income In Creighton

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 Creighton, the AMI is calculated from all households within Knox County.

In Creighton, HUD calculates the Area Median Income for a family of four as $66,900

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 Creighton

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 Creighton

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Creighton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,800 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Creighton AMI may qualify for rental assistance programs that target Very Low Income households.
$24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,400
80% AMI Income Limits
Renters earning up to 80% of the Creighton AMI may qualify for rental assistance programs that target Low Income households.
$39,400 $45,000 $50,650 $56,250 $60,750 $65,250 $69,750 $74,250