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

Discover affordable housing in Hooper 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.

Parkview Apartments

100 E Maple St, Hooper, Nebraska 68031

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hooper, Nebraska
$18.48/hour
$6.48 (+54%) more than Nebraska minimum wage and $11.23 (+155%) more than the Federal minimum wage.
Learn More About Hooper, Nebraska Affordable Housing ↓

What HUD offices serve Hooper, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Hooper, Nebraska.

Go to the Nebraska Public Housing and Low-Income Apartments Waiting Lists page for openings near Hooper.

How many renters live in Hooper, Nebraska?

The City of Hooper has 980 people living in 317 households.

There are 205 renters living in 76 renter households in this City. Renters make up 20.92 percent of the population living in Hooper.

What is the rental market like in Hooper, Nebraska?

There are an estimated 362 housing units in the Hooper area. Of these, 76 units are rental homes, making up 21 percent of the housing market. For every renter household in Hooper, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Hooper?

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

Occupied Rental Units by Size in Hooper
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 16 25 10 9
Occupied Rental Units by Size in Hooper

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

Among renter households in this market, 24 percent have housing cost burden. Further, 12 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 Hooper

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $662 to $1,300. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $662
One BR $743
Two BR $976
Three BR $1,180
Four BR $1,300
2024 Fair Market Rents in Hooper, Nebraska

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

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 13 81 percent
Two BR 23 92 percent
Rental Units Below FMR in Hooper, Nebraska

How many affordable rental units are in Hooper?

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

Federal Program Unit Count
Public Housing 25
Tracked Units by Federal Program in Hooper, Nebraska

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

Income Based Apartments in Hooper, Nebraska

Hooper features 25 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 Hooper, Nebraska

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

Housing Choice Vouchers in Hooper, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hooper, Nebraska for a two-bedroom apartment is between $878 and $1,074.

Sourced from federal housing data and AffordableHousingOnline.com research.