Affordable Housing Hub
Low Income (LIHTC)

Petersburg Country Cottages

306 E Norman St, Petersburg, NE, 68652

Information verified April 18, 2026·We re-check waiting list status daily

Default photo for Petersburg Country Cottages
Example Photo
Share

About This Property

Petersburg Country Cottages provides 6 low-income residential units in Petersburg, Nebraska. The property has been in service since 1997 and is located in Boone County.

Property Details

Total Units
6

Fair Market Rent - Boone County, NE

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$591
1 Bedroom$664
2 Bedroom$872
3 Bedroom$1,150
4 Bedroom$1,419

Income Limits - Boone County, NE

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,050
Very Low (50%)
$25,100
Low (80%)
$40,150
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,700
Low (80%)
$45,900
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$32,300
Low (80%)
$51,650
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,850
Low (80%)
$57,350
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,750
Low (80%)
$61,950
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,600
Low (80%)
$66,550
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,500
Low (80%)
$71,150
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$47,350
Low (80%)
$75,750

Tax Credit Program Details

Year Placed in Service
1997
Low-Income Units
6 / 6

Frequently Asked Questions

What is the average rent for affordable housing in Petersburg, NE?+

The Fair Market Rent (FMR) for Boone County, NE is: $591 (Studio), $664 (1BR), $872 (2BR), $1150 (3BR), $1419 (4BR). Actual rent at subsidized properties like Petersburg Country Cottages is typically 30% of household income or less.

What are the income limits for affordable housing in Boone County, NE?+

For a 4-person household in Boone County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,850, Low Income (80% AMI): $57,350. These limits are set by HUD and updated annually.

How do I apply for housing at Petersburg Country Cottages?+

Petersburg Country Cottages 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 Petersburg Country Cottages?+

Petersburg Country Cottages is managed by . You can reach them at . Visit their website for more information.

Begin Application Now

Walk Score

Almost All Errands Require a Car

22
Walk
42
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Boone County, NE

View on Google Maps