Low Income Apartments and Affordable Housing For Rent in Crete, NE

Discover affordable housing in Crete where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Goldenrod Village

410 Goldenrod Ln, Crete, Nebraska 68333

Blue Terrace Crown

1035 E 20th St, Crete, Nebraska 68333

Crete Apartments

2245 Heather Dr, Crete, Nebraska 68333

Centennial Terrace

1600 Grove Ave, Crete, Nebraska 68333

Belohlavy Estates

Multiple Addresses, Crete, Nebraska 68333

West Meadows

24th and Forest, Crete, Nebraska 0

Nebraska

2489 Boswell Ave, Crete, Nebraska 68333

Nebraska

24th And Boswell St, Crete, Nebraska 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crete, Nebraska
$16.52/hour
$4.52 (+38%) more than Nebraska minimum wage and $9.27 (+128%) more than the Federal minimum wage.
Learn More About Crete, Nebraska Affordable Housing ↓

What HUD offices serve Crete, Nebraska?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Crete, Nebraska.

Go to the Nebraska Public Housing and Low-Income Apartments Waiting Lists page for openings near Crete.

How many renters live in Crete, Nebraska?

The City of Crete has 7,093 people living in 2,285 households.

There are 1,759 renters living in 774 renter households in this City. Renters make up 24.8 percent of the population living in Crete.

What is the rental market like in Crete, Nebraska?

There are an estimated 2,465 housing units in the Crete area. Of these, 822 units are rental homes, making up 33 percent of the housing market. For every renter household in Crete, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Crete?

The rental vacancy rate in Crete is 6 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 Crete for each bedroom size?

Occupied Rental Units by Size in Crete
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
28 226 398 100 11
Occupied Rental Units by Size in Crete

A large number of apartments in Crete 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 Crete are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 15 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 Crete

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,415. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $694
Two BR $872
Three BR $1,229
Four BR $1,415
2024 Fair Market Rents in Crete, Nebraska

How many units are rented at Fair Market Rent (FMR) in Crete?

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 16 57 percent
One BR 172 76 percent
Two BR 247 62 percent
Rental Units Below FMR in Crete, Nebraska

How many affordable rental units are in Crete?

There are a variety of federal affordable housing programs serving households in Crete, Nebraska including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 84
Public Housing 40
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Crete, Nebraska

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Crete, Nebraska

Crete features 100 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 Crete, Nebraska

There are 49 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crete.

Housing Choice Vouchers in Crete, Nebraska

On average, Section 8 Housing Choice vouchers pay Crete landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Crete.

The maximum amount a voucher would pay on behalf of a low-income tenant in Crete, Nebraska for a two-bedroom apartment is between $785 and $959.

Sourced from federal housing data and AffordableHousingOnline.com research.