How many renters live in Hickman, Nebraska?
The City of Hickman has people living in households.
There are renters living in renter households in this City. Renters make up 6.41 percent of the population living in Hickman.
What is the rental market like in Hickman, Nebraska?
There are an estimated housing units in the Hickman area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hickman, Nebraska, there are 1.24 rental units.
What is the vacancy rate for rentals in Hickman?
The rental vacancy rate in Hickman is 19 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 Hickman for each bedroom size?
Occupied Rental Units by Size in Hickman
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 63 | 12 | 7 | 31 |
Occupied Rental Units by Size in Hickman
A large number of apartments in Hickman 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 Hickman
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $766 to $1,638. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $766 |
| One BR | $856 |
| Two BR | $1,067 |
| Three BR | $1,504 |
| Four BR | $1,638 |
2024 Fair Market Rents in Hickman, Nebraska
How many units are rented at Fair Market Rent (FMR) in Hickman?
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 | 42 | 67 percent |
| Two BR | 5 | 42 percent |
Rental Units Below FMR in Hickman, Nebraska
How many affordable rental units are in Hickman?
There are a variety of federal affordable housing programs serving households in Hickman, Nebraska including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Hickman, Nebraska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hickman, Nebraska
Hickman 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 Hickman, Nebraska
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hickman.
Housing Choice Vouchers in Hickman, Nebraska
On average, Section 8 Housing Choice vouchers pay Hickman landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hickman.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hickman, Nebraska for a two-bedroom apartment is between $960 and $1,174.
Sourced from federal housing data and AffordableHousingOnline.com research.