About This Property
Waterbrook Apts comprises 246 units in Lincoln, Nebraska, with 170 units designated for low-income households. The property, which opened in 1999, includes 72 one-bedroom, 150 two-bedroom, and 24 three-bedroom units and is financed through tax-exempt bonds and 4% LIHTC credits. The community is located in Lancaster County.
Waitlist Information
Waitlist managed by Lincoln Housing Authority
Eligibility includes elderly, disabled, low-income families, and single individuals. The waiting list can be up to 12 months, depending on bedroom size and preferences. Rent is calculated as 30% of the adjusted gross income. Preferences are based on the date of application and applicable preferences; changes in family size or disability status may qualify for a preference. Criminal history checks are conducted, and applicants must not owe money to a public housing authority.
A minimum of one year of voucher use in Lincoln is required before transfer outside of Lincoln is permitted, and transfers are subject to good cause and HUD determined rental costs.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Lancaster County, NE
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $766 |
| 1 Bedroom | $856 |
| 2 Bedroom | $1,067 |
| 3 Bedroom | $1,504 |
| 4 Bedroom | $1,638 |
Income Limits - Lancaster County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,350
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,800
- Extremely Low (30%)
- $22,300
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,250
- Low (80%)
- $66,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,850
- Low (80%)
- $76,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,150
- Low (80%)
- $81,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,350 | $28,900 | $46,200 |
| 2 Persons | $19,800 | $33,000 | $52,800 |
| 3 Persons | $22,300 | $37,150 | $59,400 |
| 4 Persons | $26,500 | $41,250 | $66,000 |
| 5 Persons | $31,040 | $44,550 | $71,300 |
| 6 Persons | $35,580 | $47,850 | $76,600 |
| 7 Persons | $40,120 | $51,150 | $81,850 |
| 8 Persons | $44,660 | $54,450 | $87,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lincoln, NE?+
The Fair Market Rent (FMR) for Lancaster County, NE is: $766 (Studio), $856 (1BR), $1067 (2BR), $1504 (3BR), $1638 (4BR). Actual rent at subsidized properties like Waterbrook Apts is typically 30% of household income or less.
What size apartments are available at Waterbrook Apts?+
Waterbrook Apts offers the following unit types: 72 One-Bedroom, 150 Two-Bedroom, 24 Three-Bedroom units, for a total of 246 units.
Is there a waitlist for Waterbrook Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Lancaster County, NE?+
For a 4-person household in Lancaster County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,250, Low Income (80% AMI): $66,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Lincoln, NE?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $856, 2-bedroom: $1067, 3-bedroom: $1504. Actual rent at Waterbrook Apts may be lower for income-eligible households.
How do I apply for housing at Waterbrook Apts?+
Waterbrook Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Waterbrook Apts?+
Waterbrook Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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