Low Income (LIHTC)Waitlist Open

Fair Oaks Apts

2740 Fair St, Lincoln, NE, 68503

Information verified May 8, 2026·We re-check waiting list status daily

Example Photo

About This Property

Fair Oaks Apts offers 30 low-income units in Lincoln, Nebraska within Lancaster County. The property has been in service since 1987 and serves households with limited incomes.

Waitlist Information

Waitlist managed by Lincoln Housing Authority

Public Housing Waitlist

Open

Apply: Multiple

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.

Last verified February 12, 2026

Section 8 (HCV) Waitlist

Open

Apply: Online

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.

Last verified February 19, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $17,350
Very Low (50%): $28,900
Low (80%): $46,200

2 Persons

Extremely Low (30%): $19,800
Very Low (50%): $33,000
Low (80%): $52,800

3 Persons

Extremely Low (30%): $22,300
Very Low (50%): $37,150
Low (80%): $59,400

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $41,250
Low (80%): $66,000

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $44,550
Low (80%): $71,300

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $47,850
Low (80%): $76,600

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $51,150
Low (80%): $81,850

8 Persons

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

Tax Credit Program Details

Year Placed in Service

1987

Low-Income Units

30 / 30

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 Fair Oaks Apts is typically 30% of household income or less.

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.

How do I apply for housing at Fair Oaks Apts?+

Fair Oaks 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 Fair Oaks 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.

Who manages Fair Oaks Apts?+

Fair Oaks Apts is managed by . You can reach them at . Visit their website for more information.

Begin Application Now