How many renters live in Macy, Nebraska?
The City of Macy has people living in households.
There are renters living in renter households in this City. Renters make up 71.12 percent of the population living in Macy.
What is the rental market like in Macy, Nebraska?
There are an estimated housing units in the Macy area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Macy, Nebraska, there are 1.08 rental units.
What is the vacancy rate for rentals in Macy?
The rental vacancy rate in Macy is 6 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 Macy for each bedroom size?
Occupied Rental Units by Size in Macy
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 17 | 20 | 23 | 57 |
Occupied Rental Units by Size in Macy
A large number of apartments in Macy 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 Macy
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,161. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $591 |
| One BR | $664 |
| Two BR | $872 |
| Three BR | $1,073 |
| Four BR | $1,161 |
2024 Fair Market Rents in Macy, Nebraska
How many units are rented at Fair Market Rent (FMR) in Macy?
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 | 15 | 88 percent |
| Two BR | 4 | 20 percent |
Rental Units Below FMR in Macy, Nebraska
How many affordable rental units are in Macy?
There are a variety of federal affordable housing programs serving households in Macy, Nebraska including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Macy, Nebraska
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Macy, Nebraska
Macy features 16 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 Macy, Nebraska
There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macy.
Housing Choice Vouchers in Macy, Nebraska
On average, Section 8 Housing Choice vouchers pay Macy landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Macy.
The maximum amount a voucher would pay on behalf of a low-income tenant in Macy, Nebraska for a two-bedroom apartment is between $785 and $959.
Sourced from federal housing data and AffordableHousingOnline.com research.