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

Discover affordable housing in Henderson 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.

Midtown Apartments

1510 Elm St, Henderson, Nebraska 68371

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Henderson, Nebraska
$17.95/hour
$5.95 (+50%) more than Nebraska minimum wage and $10.70 (+148%) more than the Federal minimum wage.
Learn More About Henderson, Nebraska Affordable Housing ↓

How many renters live in Henderson, Nebraska?

The City of Henderson has 958 people living in 381 households.

There are 58 renters living in 38 renter households in this City. Renters make up 6.05 percent of the population living in Henderson.

What is the rental market like in Henderson, Nebraska?

There are an estimated 409 housing units in the Henderson area. Of these, 38 units are rental homes, making up 9 percent of the housing market. For every renter household in Henderson, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Henderson?

The rental vacancy rate in Henderson 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 Henderson for each bedroom size?

Occupied Rental Units by Size in Henderson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 18 12 4 4
Occupied Rental Units by Size in Henderson

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

Among renter households in this market, 34 percent have housing cost burden. Further, 11 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 Henderson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $643 to $1,263. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $643
One BR $721
Two BR $948
Three BR $1,146
Four BR $1,263
2024 Fair Market Rents in Henderson, Nebraska

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

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 18 100 percent
Two BR 10 83 percent
Rental Units Below FMR in Henderson, Nebraska

How many affordable rental units are in Henderson?

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

Federal Program Unit Count
Public Housing 20
Tracked Units by Federal Program in Henderson, Nebraska

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

Income Based Apartments in Henderson, Nebraska

Henderson features 20 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 Henderson, Nebraska

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

Housing Choice Vouchers in Henderson, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Henderson, Nebraska for a two-bedroom apartment is between $853 and $1,043.

Sourced from federal housing data and AffordableHousingOnline.com research.