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

Discover affordable housing in Minden where there are 2+ 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.

Minden West Estates

1338 W Sycamore St, Minden, Nebraska 68959

bed 2-3
payment $530-585/mo.

East View Court

849 E 2nd St, Minden, Nebraska 68959

How To Identify Affordable Housing in Minden, Nebraska

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
Open Until Further Notice
devices

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Minden, Nebraska
$16.88/hour
$4.88 (+41%) more than Nebraska minimum wage and $9.63 (+133%) more than the Federal minimum wage.
Learn More About Minden, Nebraska Affordable Housing ↓

What HUD offices serve Minden, 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 Minden, Nebraska.

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

How many renters live in Minden, Nebraska?

The City of Minden has 3,099 people living in 1,224 households.

There are 743 renters living in 267 renter households in this City. Renters make up 23.98 percent of the population living in Minden.

What is the rental market like in Minden, Nebraska?

There are an estimated 1,358 housing units in the Minden area. Of these, 267 units are rental homes, making up 20 percent of the housing market. For every renter household in Minden, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Minden?

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

Occupied Rental Units by Size in Minden
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 43 104 103 0
Occupied Rental Units by Size in Minden

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

Among renter households in this market, 23 percent have housing cost burden. Further, 18 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 Minden

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $604 to $1,187. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $604
One BR $678
Two BR $891
Three BR $1,077
Four BR $1,187
2024 Fair Market Rents in Minden, Nebraska

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

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
Studio 8 100 percent
One BR 26 60 percent
Two BR 74 71 percent
Rental Units Below FMR in Minden, Nebraska

How many affordable rental units are in Minden?

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

Federal Program Unit Count
Low Income Housing Tax Credit 22
Public Housing 28
Section 811 Supportive Housing for Persons with Disabilities 8
Tracked Units by Federal Program in Minden, Nebraska

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

Income Based Apartments in Minden, Nebraska

Minden features 28 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 Minden, Nebraska

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minden.

Housing Choice Vouchers in Minden, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Minden, Nebraska for a two-bedroom apartment is between $802 and $980.

Sourced from federal housing data and AffordableHousingOnline.com research.