Affordable Housing In Richfield
Sarpy County, Nebraska

Housing Authorities that serve Richfield

Housing Authority Programs
Bellevue Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Richfield, Nebraska

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Richfield, Nebraska.

Income Based Apartments in Richfield, Nebraska

Richfield features 0 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 Richfield, Nebraska

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

Housing Choice Vouchers in Richfield, Nebraska

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Richfield, Nebraska for a two-bedroom apartment is between $888 and $1,086.

2021 Richfield, Nebraska Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Richfield, Nebraska Fair Market Rent $695 $798 $987 $1,325 $1,478
Richfield, Nebraska Payment Standard Range $626 to $765 $718 to $878 $888 to $1,086 $1,193 to $1,458 $1,330 to $1,626

Sourced from federal housing data and research.

Richfield, NE Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 53.33%
Average Renter Household Size 2.38
Average Household Size 3.89
Median Household Income $60,774 ±$32,628
Median Rent $875 ±$44
Percentage Of Renters Overburdened 66.67% ± 74.72pp
Total Population 175

Population and Household Demographics

Richfield is a city in Sarpy County, Nebraska with a population of 175. There are 45 households in the city with an average household size of 3.89 persons. 53.33% of households in Richfield are renters.

Income and Rent Overburden in Richfield

The median gross income for households in Richfield is $60,774 a year, or $5,065 a month. The median rent for the city is $875 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richfield, a household making less than $2,917 a month would be considered overburdened when renting an apartment at or above the median rent. 66.67% of households who rent are overburdened in Richfield.

Area Median Income In Richfield

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Richfield, the AMI is calculated from all households within Sarpy County.

In Richfield, HUD calculates the Area Median Income for a family of four as $87,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Richfield

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Richfield

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Richfield AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,450 $21,100 $23,750 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Richfield AMI may qualify for rental assistance programs that target Very Low Income households.
$30,750 $35,150 $39,550 $43,900 $47,450 $50,950 $54,450 $57,950
80% AMI Income Limits
Renters earning up to 80% of the Richfield AMI may qualify for rental assistance programs that target Low Income households.
$49,200 $56,200 $63,250 $70,250 $75,900 $81,500 $87,150 $92,750