About This Property
Timber Ridge Apts is a 276-unit affordable housing community in Omaha, Nebraska that has served low-income residents since 1997. The property features a unit mix of six one-bedroom and eighteen two-bedroom apartments and operates under 4% Low-Income Housing Tax Credit (LIHTC) financing supported by tax-exempt bonds. Timber Ridge Apts provides affordable rental housing options in Douglas County.
Waitlist Information
Waitlist managed by Omaha Housing Authority
Effective 1.1.2025, the waiting list will only be open for one-bedroom apartments to seniors 62 years of age and older. Preferences are available for Mobility, Displaced, and Senior (62 and older).
1,500 will be selected for the 2023 lottery. Applications are taken when the waiting list opens, announced in local newspapers and on OHA's website.
Waitlist data provided by section8waitlist.org
Updated April 18, 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 |
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 Timber Ridge Apts is typically 30% of household income or less.
What size apartments are available at Timber Ridge Apts?+
Timber Ridge Apts offers the following unit types: 6 One-Bedroom, 18 Two-Bedroom units, for a total of 276 units.
Who manages Timber Ridge Apts?+
Timber Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Omaha, NE?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 1-bedroom: $971, 2-bedroom: $1170. Actual rent at Timber Ridge Apts 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.
How do I apply for housing at Timber Ridge Apts?+
Timber Ridge 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.
Is there a waitlist for Timber Ridge Apts?+
Public Housing waitlist is currently Closed. 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.
Contact Information
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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