What HUD offices serve Elm Creek, 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.
Go to the Nebraska Public Housing and Low-Income Apartments Waiting Lists page for openings near Elm Creek.
How many renters live in Elm Creek, Nebraska?
The City of Elm Creek has people living in households.
There are renters living in renter households in this City. Renters make up 21.77 percent of the population living in Elm Creek.
What is the rental market like in Elm Creek, Nebraska?
There are an estimated housing units in the Elm Creek area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Elm Creek, Nebraska, there are 1 rental units.
What is the vacancy rate for rentals in Elm Creek?
The rental vacancy rate in Elm Creek 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 Elm Creek for each bedroom size?
Occupied Rental Units by Size in Elm Creek
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 37 | 42 | 47 | 0 |
Occupied Rental Units by Size in Elm Creek
A large number of apartments in Elm Creek 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 Elm Creek
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $651 to $1,629. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $651 |
| One BR | $758 |
| Two BR | $960 |
| Three BR | $1,281 |
| Four BR | $1,629 |
2024 Fair Market Rents in Elm Creek, Nebraska
How many units are rented at Fair Market Rent (FMR) in Elm Creek?
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 | 1 | 50 percent |
| One BR | 28 | 76 percent |
| Two BR | 34 | 81 percent |
Rental Units Below FMR in Elm Creek, Nebraska
How many affordable rental units are in Elm Creek?
There are a variety of federal affordable housing programs serving households in Elm Creek, Nebraska including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Elm Creek, Nebraska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Elm Creek, Nebraska
Elm Creek features 12 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 Elm Creek, Nebraska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elm Creek.
Housing Choice Vouchers in Elm Creek, Nebraska
On average, Section 8 Housing Choice vouchers pay Elm Creek landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Elm Creek.
The maximum amount a voucher would pay on behalf of a low-income tenant in Elm Creek, Nebraska for a two-bedroom apartment is between $864 and $1,056.
Sourced from federal housing data and AffordableHousingOnline.com research.