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

Discover affordable housing in Stromsburg 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.

Swede Haven

517 E 7th St, Stromsburg, Nebraska 68666

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stromsburg, Nebraska
$16.52/hour
$4.52 (+38%) more than Nebraska minimum wage and $9.27 (+128%) more than the Federal minimum wage.
Learn More About Stromsburg, Nebraska Affordable Housing ↓

How many renters live in Stromsburg, Nebraska?

The City of Stromsburg has 970 people living in 408 households.

There are 208 renters living in 100 renter households in this City. Renters make up 21.44 percent of the population living in Stromsburg.

What is the rental market like in Stromsburg, Nebraska?

There are an estimated 449 housing units in the Stromsburg area. Of these, 100 units are rental homes, making up 22 percent of the housing market. For every renter household in Stromsburg, Nebraska, there are 1 rental units.

What is the vacancy rate for rentals in Stromsburg?

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

Occupied Rental Units by Size in Stromsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 37 37 8 18
Occupied Rental Units by Size in Stromsburg

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

Among renter households in this market, 39 percent have housing cost burden. Further, 22 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 Stromsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $591 to $1,163. 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 $1,054
Four BR $1,163
2024 Fair Market Rents in Stromsburg, Nebraska

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

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 32 86 percent
Two BR 22 59 percent
Rental Units Below FMR in Stromsburg, Nebraska

How many affordable rental units are in Stromsburg?

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

Federal Program Unit Count
Public Housing 31
Tracked Units by Federal Program in Stromsburg, Nebraska

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

Income Based Apartments in Stromsburg, Nebraska

Stromsburg features 35 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 Stromsburg, Nebraska

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

Housing Choice Vouchers in Stromsburg, Nebraska

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.