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Affordable apartments in Grand Island, Nebraska

24 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

22 lihtc1 section 2021 section 8

Buildings

RIVERBEND APTS PHASE I

LIHTC
102 LAKEVIEW CIR, GRAND ISLAND, NE, 68803
Income-restricted units
128 of 160
Year placed in service
2004
Bedroom mix
64 1BR · 80 2BR · 16 3BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

WALNUT HOUSING

LIHTC
504 N ELM ST, GRAND ISLAND, NE, 68801
Income-restricted units
87 of 88
Year placed in service
2005
Bedroom mix
23 studio · 21 1BR · 44 2BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

RIVERBEND APTS PHASE II

LIHTC
106 LAKEVIEW CIR, GRAND ISLAND, NE, 68803
Income-restricted units
81 of 96
Year placed in service
2007

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

CHRYSALIS LUTHERAN HOMES

Section 202
2807 W Faidley Ave, Grand Island, NE, 68803
Income-restricted units
72 of 72
Year placed in service
Not reported

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

CHRYSALIS LUTHERAN HOMES

Section 8
2807 W Faidley Ave, Grand Island, NE, 68803
Income-restricted units
72 of 72
Year placed in service
Not reported

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

CHERRY PARK APTS

LIHTC
415 S CHERRY ST, GRAND ISLAND, NE, 68801
Income-restricted units
60 of 60
Year placed in service
1997

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

CHERRY PARK APTS PHASE II

LIHTC
415 S CHERRY ST, GRAND ISLAND, NE, 68801
Income-restricted units
60 of 60
Year placed in service
1999
Bedroom mix
24 2BR · 18 3BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

COLONIAL SQUARE APTS

LIHTC
515 E 16TH ST, GRAND ISLAND, NE, 68801
Income-restricted units
56 of 56
Year placed in service
2005
Bedroom mix
40 2BR · 16 3BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

WINDRIDGE TOWNHOMES

LIHTC
812 WINDRIDGE AVE, GRAND ISLAND, NE, 68803
Income-restricted units
40 of 40
Year placed in service
2007

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

SOUTHLAWN APTS

LIHTC
1737 ADA ST, GRAND ISLAND, NE, 68803
Income-restricted units
36 of 36
Year placed in service
1998
Bedroom mix
36 1BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

STONEWOOD TOWNHOMES II

LIHTC
838 STONEWOOD AVE, GRAND ISLAND, NE, 68803
Income-restricted units
30 of 30
Year placed in service
2013
Bedroom mix
24 2BR · 6 3BR

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

WOODLAND PARK TOWNHOMES

LIHTC
4195 NEW YORK AVE, GRAND ISLAND, NE, 68803
Income-restricted units
28 of 28
Year placed in service
2008

Estimated total housing cost: $886 rent + $120 utilities = $1,006/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 24. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Nebraska

Residential electricity in Nebraska runs about 12.64¢/kWh, with a typical monthly residential electric bill near $120. Natural gas runs about $16.16/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Grand Island, NE

Metro-level
BedroomsLocal FMRNational median
Studio$753n/a
1 bedroom$842n/a
2 bedroom$886$1,502
3 bedroom$1,152n/a
4 bedroom$1,329n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Hall County, NE

Grand Island, NE. FY2025. Area median income: $89,100.

Household size30% AMI50% AMI80% AMI
1 person$19,000$31,600$50,600
2 people$21,700$36,150$57,800
3 people$26,650$40,650$65,050
4 people$32,150$45,150$72,250
5 people$37,650$48,800$78,050
6 people$43,150$52,400$83,850
7 people$48,650$56,000$89,600
8 people$54,150$59,600$95,400

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Grand Island cost-of-living and Fair Market Rent overview