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

Discover affordable housing in Fairfield where there are 1+ 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.

440 N A St

440 N A St, Fairfield, Nebraska 68938

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fairfield, 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 Fairfield, Nebraska Affordable Housing ↓

How many renters live in Fairfield, Nebraska?

The City of Fairfield has 375 people living in 171 households.

There are 67 renters living in 37 renter households in this City. Renters make up 17.87 percent of the population living in Fairfield.

What is the rental market like in Fairfield, Nebraska?

There are an estimated 193 housing units in the Fairfield area. Of these, 40 units are rental homes, making up 21 percent of the housing market. For every renter household in Fairfield, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Fairfield?

The rental vacancy rate in Fairfield is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Fairfield for each bedroom size?

Occupied Rental Units by Size in Fairfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 7 17 12 1
Occupied Rental Units by Size in Fairfield

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

Among renter households in this market, 16 percent have housing cost burden. Further, 0 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 Fairfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,254. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $711
Two BR $872
Three BR $1,054
Four BR $1,254
2024 Fair Market Rents in Fairfield, Nebraska

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

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 7 100 percent
Two BR 11 65 percent
Rental Units Below FMR in Fairfield, Nebraska

How many affordable rental units are in Fairfield?

Income Based Apartments in Fairfield, Nebraska

Fairfield features 0 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 Fairfield, Nebraska

There are 15 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fairfield.

Housing Choice Vouchers in Fairfield, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.