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There are 119 low-income apartments in Red Willow County that offer reduced rents to eligible households.
Rental assistance programs support 142 low-income homes in Red Willow County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $312 towards rent each month.
Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.
Red Willow County, Nebraska Affordable Housing Data
Income Based Apartments in Red Willow County, Nebraska
Red Willow County features 142 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 Red Willow County, Nebraska
There are 119 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Red Willow County.
Housing Choice Vouchers in Red Willow County, Nebraska
On average, Section 8 Housing Choice vouchers pay Red Willow County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Red Willow County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Red Willow County, Nebraska for a two-bedroom apartment is between $785 and $959.
2024 Red Willow County, 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 | |
|---|---|---|---|---|---|
| Red Willow County, Nebraska Fair Market Rent | $591 | $664 | $872 | $1,054 | $1,195 |
| Red Willow County, Nebraska Payment Standard Range | $532 to $650 | $598 to $730 | $785 to $959 | $949 to $1,159 | $1,076 to $1,315 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Red Willow County, NE Affordable Housing Snapshot
| Total Affordable Apartment Properties | 10 |
|---|---|
| Total Low Income Apartments | 261 |
| Total Housing Units with Rental Assistance | 142 |
| Percentage of Housing Units Occupied By Renters | 27.03% |
| Average Renter Household Size | 2.02 |
| Average Household Size | 2.27 |
| Median Household Income | $42,931 ±$4,618 |
| Median Rent | $551 ±$54 |
| Percentage Of Renters Overburdened | 41.53% ± 8.63pp |
| Total Population | 10,946 |
Population and Household Demographics
Red Willow County is a county in Nebraska with a population of 10,946. There are 4,651 households in the county with an average household size of 2.27 persons. 27.03% of households in Red Willow County are renters.
Income and Rent Overburden in Red Willow County
The median gross income for households in Red Willow County is $42,931 a year, or $3,578 a month. The median rent for the county is $551 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Red Willow County, a household making less than $1,837 a month would be considered overburdened when renting an apartment at or above the median rent. 41.53% of households who rent are overburdened in Red Willow County.
Area Median Income In Red Willow 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 Red Willow County, HUD calculates the Area Median Income for a family of four as $84,900
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 Red Willow 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 Red Willow County
| 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 Red Willow County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,500 | $20,000 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Red Willow County AMI may qualify for rental assistance programs that target Very Low Income households. |
$29,150 | $33,300 | $37,450 | $41,600 | $44,950 | $48,300 | $51,600 | $54,950 |
| 80% AMI Income Limits Renters earning up to 80% of the Red Willow County AMI may qualify for rental assistance programs that target Low Income households. |
$46,600 | $53,250 | $59,900 | $66,550 | $71,900 | $77,200 | $82,550 | $87,850 |
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