About This Property
Prepared Place comprises 28 low-income rental units in Omaha, Nebraska, with an 18 two-bedroom and 10 three-bedroom unit mix. The property was placed in service in 1999 and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates this Douglas County development.
Waitlist Information
Waitlist managed by Omaha Housing Authority
The waitlist is expected to reopen by bedroom size after approximately 90 days from June 1, 2026, with a public notice to be provided.
1,500 applicants were selected for the 2023 lottery, with preferences for displaced families, homeless families, veterans, elderly (62+), and disabled families; selected applicants are placed on the waiting list by random lottery weighed by preferences.
Waitlist data provided by section8waitlist.org
Updated June 23, 2026
Property Details
Fair Market Rent - Douglas 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 | $895 |
| 1 Bedroom | $971 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,562 |
| 4 Bedroom | $1,733 |
Income Limits - Douglas County, NE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,750
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,150
- Low (80%)
- $56,200
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,900
- Low (80%)
- $70,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,950
- Low (80%)
- $92,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,750 | $49,200 |
| 2 Persons | $21,100 | $35,150 | $56,200 |
| 3 Persons | $23,750 | $39,550 | $63,250 |
| 4 Persons | $26,500 | $43,900 | $70,250 |
| 5 Persons | $31,040 | $47,450 | $75,900 |
| 6 Persons | $35,580 | $50,950 | $81,500 |
| 7 Persons | $40,120 | $54,450 | $87,150 |
| 8 Persons | $44,660 | $57,950 | $92,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Omaha, NE?+
The Fair Market Rent (FMR) for Douglas County, NE is: $895 (Studio), $971 (1BR), $1170 (2BR), $1562 (3BR), $1733 (4BR). Actual rent at subsidized properties like Prepared Place is typically 30% of household income or less.
What size apartments are available at Prepared Place?+
Prepared Place offers the following unit types: 18 Two-Bedroom, 10 Three-Bedroom units, for a total of 28 units.
What is the price range for apartments in Omaha, NE?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 2-bedroom: $1170, 3-bedroom: $1562. Actual rent at Prepared Place may be lower for income-eligible households.
What are the income limits for affordable housing in Douglas County, NE?+
For a 4-person household in Douglas County, NE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,900, Low Income (80% AMI): $70,250. These limits are set by HUD and updated annually.
Who manages Prepared Place?+
Prepared Place is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Prepared Place?+
Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Prepared Place?+
Prepared Place 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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