; Low Income Apartments For Rent in Winnebago, NE

Thunder Way

100 White Wood
Winnebago, Nebraska
Rent Assisted
LIHTC
Showing Results 1-15
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There are 12 low-income apartments in Winnebago that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Winnebago where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Winnebago, Nebraska Affordable Housing Data

Income Based Apartments in Winnebago, Nebraska

Winnebago 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 Winnebago, Nebraska

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winnebago.

Housing Choice Vouchers in Winnebago, Nebraska

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

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

2024 Winnebago, 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
Winnebago, Nebraska Fair Market Rent $591 $664 $872 $1,073 $1,161
Winnebago, Nebraska Payment Standard Range $532 to $650 $598 to $730 $785 to $959 $966 to $1,180 $1,045 to $1,277

Sourced from federal housing data and AffordableHousingOnline.com research.

Winnebago, NE Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 12
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 72.94%
Average Renter Household Size 4.16
Average Household Size 4.07
Median Household Income $31,250 ±$8,458
Median Rent $471 ±$23
Percentage Of Renters Overburdened 31.45% ± 11.92pp
Total Population 895

Population and Household Demographics

Winnebago is a city in Thurston County, Nebraska with a population of 895. There are 218 households in the city with an average household size of 4.07 persons. 72.94% of households in Winnebago are renters.

Income and Rent Overburden in Winnebago

The median gross income for households in Winnebago is $31,250 a year, or $2,604 a month. The median rent for the city is $471 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Winnebago, a household making less than $1,570 a month would be considered overburdened when renting an apartment at or above the median rent. 31.45% of households who rent are overburdened in Winnebago.

Area Median Income In Winnebago

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 Winnebago, the AMI is calculated from all households within Thurston County.

In Winnebago, HUD calculates the Area Median Income for a family of four as $71,500

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 Winnebago

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 Winnebago

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 Winnebago 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 Winnebago 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 Winnebago 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