Low Income Apartments and Affordable Housing For Rent in Lincoln, NE (2024)

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Discover affordable housing in Lincoln where there are 64+ 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.

Ambassador and President Apartments

1330-1340 Lincoln Mall, Lincoln, Nebraska 68508

bedStudio-1

payment$435-505/mo.

Glenbrook Townhomes

1660 Knox Street, Lincoln, Nebraska 68521

bed2-3

Indian Center

2000 North 28th Street & 2911 North 5th Street , Lincoln, Nebraska 68057

bedStudio-1

The Walter

5501 Sea Mountain Road, Lincoln, Nebraska 68521

bed1

Mercy Western Manor

2200 W Q St, Lincoln, Nebraska 68528

bed1-2

Mercy Northglen Apartments

1501 Knox St, Lincoln, Nebraska 68521

bed1-2

West Garfield Place

1601 South West 10th Street, Lincoln, Nebraska 68522

bed3

switch_access_shortcutShort Wait

accessibilityAccessible

Appleton Apartments

8610 Leighton Ave, Lincoln, Nebraska 68507

bed1-3

Capitol View Towers Apartments

1700 J St, Lincoln, Nebraska 68508

Fairfield West

3621 North 3rd Street, Lincoln, Nebraska 68521

City Impact Homes

3240 Overland Trl, Lincoln, Nebraska 68503

bed3-5

payment$735-785/mo.

Overland Trail Apartments ( Centerpointe Housing )

1300 D St, Lincoln, Nebraska 68502

Mosaic Housing Corporation XII

6300 Y St, Lincoln, Nebraska 68505

Plaza V ( Moulton Apartments )

705 S 18th St, Lincoln, Nebraska 68508

Regency Apartments

7311 Buckingham Dr , Lincoln, Nebraska 68506

payment$750-960/mo.

switch_access_shortcutShort Wait

accessibilityAccessible

Waterbrook Apartments

3103 N Hill Rd, Lincoln, Nebraska 68504

bed1-3

payment$663-1266/mo.

The Lexington Assisted Living Center

5550 Pioneers Blvd, Lincoln, Nebraska 68506

Wood Bridge Apartments

7011 S 22nd St, Lincoln, Nebraska 68512

Paul VI Heights

1800 Montini Dr, Lincoln, Nebraska 68521

How To Identify Affordable Housing in Lincoln, Nebraska

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.
Lincoln Housing Authority Section 8 HCV

Open Until Further Notice

devices

calendar_month

touch_appGet the Application

Reported On February 23rd, 2024 byRobin Lovelace

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InLincoln, Nebraska

$20.21/hour

$8.21

(+68%) more thanNebraska minimum wage and

$12.96

(+179%) more than the Federal minimum wage.

Learn More About Lincoln, Nebraska AffordableHousing ↓

What HUD offices serve Lincoln, Nebraska?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Lincoln Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Lincoln, Nebraska.

Go to theNebraskaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Lincoln.

How many renters live in Lincoln, Nebraska?

The City of Lincoln has 292,623people living in 121,921 households.

There are 101,651 renters living in53,388 renter households in thisCity. Renters make up 34.74percent of the population living in Lincoln.

What is the rental market like in Lincoln, Nebraska?

There are an estimated 128,790 housing units in theLincoln area. Of these, 55,400 units are rentalhomes, making up 43 percent of the housing market. Forevery renter household in Lincoln, Nebraska, there are1 rental units.

What is the vacancy rate for rentals in Lincoln?

The rental vacancy rate in Lincoln is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Lincoln for each bedroom size?

Occupied Rental Units by Size in Lincoln
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
3,16617,72920,5798,8042,596

Occupied Rental Units by Size in Lincoln

A large number of apartments in Lincoln have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Lincoln are overburdened by housing costs?

Among renter households in this market, 45percent havehousing cost burden. Further, 23percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lincoln

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $766 to $1,638. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$766
One BR$856
Two BR$1,067
Three BR$1,504
Four BR$1,638

2024 Fair Market Rents in Lincoln, Nebraska

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,80257 percent
One BR9,16152 percent
Two BR10,83853 percent

Rental Units Below FMR in Lincoln, Nebraska

How many affordable rental units are in Lincoln?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit2,023
Public Housing200
Section 8 Project-Based Rental Assistance57
Section 811 Supportive Housing for Persons with Disabilities23
Tracked Units by Federal Program in Lincoln, Nebraska

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

Income Based Apartments in Lincoln, Nebraska

Lincoln features 1,433 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Lincoln, Nebraska

There are 2,016 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Lincoln.

Housing Choice Vouchers in Lincoln, Nebraska

On average, Section 8 Housing Choice vouchers pay Lincoln landlords$400 per month towards rent. The average voucher holdercontributes $400 towards rent inLincoln.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lincoln, Nebraska fora two-bedroom apartment is between $960 and $1,174.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Prepare to pay a fee to apply for units that accept Section 8 vouchers.

While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.

What Renters Say About Us

Hope Brown says:

"I share the listings on Affordable Housing Online with my friends and family as much as I can. The website is easy to navigate and is set up so anyone can explore it."

Low Income Apartments and Affordable Housing For Rent in Lincoln, NE (2024)

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