Affordable Housing In Niobrara County
1 Low Income Apartment Communities In Niobrara County
Guide To Affordable Housing in Niobrara County, Wyoming
There are 1 low income housing apartment communities offering 40 affordable apartments for rent in Niobrara County, Wyoming.
Income Based Apartments in Niobrara County, Wyoming
Niobrara County features 40 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 Niobrara County, Wyoming
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Niobrara County.
Housing Choice Vouchers in Niobrara County, Wyoming
On average, Section 8 Housing Choice vouchers pay Niobrara County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Niobrara County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Niobrara County, Wyoming for a two-bedroom apartment is between $643 and $785.
2020 Niobrara County, Wyoming 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|
|Fair Market Rent||$534||$542||$714||$1,018||$1,254|
|Payment Standard Range||$481 to $587||$488 to $596||$643 to $785||$916 to $1,120||$1,129 to $1,379|
Sourced from federal housing data and AffordableHousingOnline.com research.
Niobrara County, WY Affordable Housing Snapshot
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||40|
|Total Housing Units with Rental Assistance||40|
|Percentage of Housing Units Occupied By Renters||31.58%|
|Average Renter Household Size||1.88|
|Average Household Size||2.15|
|Median Household Income||$40,398 ±$12,268|
|Median Rent||$588 ±$96|
|Percentage Of Renters Overburdened||34.55% ± 13.87pp|
Population and Household Demographics
Niobrara County is a county in Wyoming with a population of 2,516. There are 1,045 households in the county with an average household size of 2.15 persons. 31.58% of households in Niobrara County are renters.
Income and Rent Overburden in Niobrara County
The median gross income for households in Niobrara County is $40,398 a year, or $3,367 a month. The median rent for the county is $588 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Niobrara County, a household making less than $1,960 a month would be considered overburdened when renting an apartment at or above the median rent. 34.55% of households who rent are overburdened in Niobrara County.
Area Median Income In Niobrara County
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.
In Niobrara County, HUD calculates the Area Median Income for a family of four as $65,200
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 Niobrara County
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 Niobrara County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,750||$19,150||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$27,900||$31,900||$35,900||$39,850||$43,050||$46,250||$49,450||$52,650|
|80% of Median||$44,650||$51,000||$57,400||$63,750||$68,850||$73,950||$79,050||$84,150|