Low Income Apartments and Affordable Housing For Rent in Grant County, NE

Discover affordable housing in Grant County where there are 0+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grant County, Nebraska
$16.57/hour
$4.57 (+38%) more than Nebraska minimum wage and $9.32 (+129%) more than the Federal minimum wage.
Learn More About Grant County, Nebraska Affordable Housing ↓

How many renters live in Grant County, Nebraska?

The County of Grant County has 649 people living in 281 households.

There are 220 renters living in 85 renter households in this County. Renters make up 33.9 percent of the population living in Grant County.

What is the rental market like in Grant County, Nebraska?

There are an estimated 396 housing units in the Grant County area. Of these, 85 units are rental homes, making up 21 percent of the housing market. For every renter household in Grant County, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Grant County?

The rental vacancy rate in Grant County 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 Grant County for each bedroom size?

Occupied Rental Units by Size in Grant County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 15 49 14
Occupied Rental Units by Size in Grant County

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

Among renter households in this market, 7 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 Grant County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $593 to $1,167. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $593
One BR $666
Two BR $875
Three BR $1,107
Four BR $1,167
2024 Fair Market Rents in Grant County, Nebraska

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

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 2 100 percent
Two BR 4 27 percent
Rental Units Below FMR in Grant County, Nebraska

How many affordable rental units are in Grant County?

Income Based Apartments in Grant County, Nebraska

Grant County 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 Grant County, Nebraska

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grant County.

Housing Choice Vouchers in Grant County, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grant County, Nebraska for a two-bedroom apartment is between $788 and $963.

Sourced from federal housing data and AffordableHousingOnline.com research.