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

Discover affordable housing in Ogallala where there are 7+ 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.

Oak Ridge Apartments

201 E L St, Ogallala, Nebraska 69153

bed 2
payment $535/mo.

Great West Townhomes

1001 Great West Cir, Ogallala, Nebraska 69153

bed 2-3
payment $540-590/mo.

Ogallala Village

1801 East 1st Street, Ogallala, Nebraska 69153

bed 1-2

Cedarwood South Apartments

300 E N St, Ogallala, Nebraska 69153

Cedarwood Apartments

310 E N St, Ogallala, Nebraska 69153

Cedar Inc Apartments

305 E N St, Ogallala, Nebraska 69153

1701 E 2nd St

1701 E 2nd St, Ogallala, Nebraska 69153

How To Identify Affordable Housing in Ogallala, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ogallala, Nebraska
$4.52 (+38%) more than Nebraska minimum wage and $9.27 (+128%) more than the Federal minimum wage.
Learn More About Ogallala, Nebraska Affordable Housing ↓

How many renters live in Ogallala, Nebraska?

The City of Ogallala has 4,835 people living in 2,268 households.

There are 1,183 renters living in 704 renter households in this City. Renters make up 24.47 percent of the population living in Ogallala.

What is the rental market like in Ogallala, Nebraska?

There are an estimated 2,481 housing units in the Ogallala area. Of these, 740 units are rental homes, making up 30 percent of the housing market. For every renter household in Ogallala, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Ogallala?

The rental vacancy rate in Ogallala is 5 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 Ogallala for each bedroom size?

Occupied Rental Units by Size in Ogallala
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
50 236 249 96 52
Occupied Rental Units by Size in Ogallala

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

Among renter households in this market, 44 percent have housing cost burden. Further, 20 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 Ogallala

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,268. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $591
One BR $684
Two BR $872
Three BR $1,105
Four BR $1,268
2024 Fair Market Rents in Ogallala, Nebraska

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

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 0 100 percent
One BR 191 81 percent
Two BR 150 60 percent
Rental Units Below FMR in Ogallala, Nebraska

How many affordable rental units are in Ogallala?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Section 8 Project-Based Rental Assistance 30
USDA Section 515 Rural Rental Housing 71
Tracked Units by Federal Program in Ogallala, Nebraska

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

Income Based Apartments in Ogallala, Nebraska

Ogallala features 113 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 Ogallala, Nebraska

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ogallala.

Housing Choice Vouchers in Ogallala, Nebraska

On average, Section 8 Housing Choice vouchers pay Ogallala landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ogallala.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ogallala, Nebraska for a two-bedroom apartment is between $785 and $959.

Sourced from federal housing data and AffordableHousingOnline.com research.