Affordable Housing In Nevada County
California

24 Low Income Apartment Communities In Nevada County

Cedar Park Apartments

210 Sutton Way
Grass Valley, CA
$727-1,154
2-4 BR
HCV Welcome

Grass Valley Senior Apartments

321 Dorsey Dr
Grass Valley, CA
$925
1 BR

Valley Commons Apartments

1444 Segworth Way
Grass Valley, CA
Call For Rent
1-2 BR
Subsidized

Truckee Donner Senior Apartments

10040 Estates Dr
Truckee, CA
Call For Rent
1-2 BR
HCV Welcome

Henness Flats Apartments

11929 Waters Way
Truckee, CA
Call For Rent
2-3 BR
HCV Welcome

Frishman Hollow Apartments

11026 Rue Ivy
Truckee, CA
Call For Rent
2-3 BR
HCV Welcome

Glenbrook Apartments

265 Sutton Way
Grass Valley, CA
Call For Rent
2-3 BR
HCV Welcome

Oak Ridge Apartments

228 Sutton Way
Grass Valley, CA
Call For Rent
2-4 BR
HCV Welcome

Nevada Woods Apartments

260 Sutton Way
Grass Valley, CA
Call For Rent
1-3 BR
HCV Welcome

Grass Valley Apartments

340 Pleasant St
Grass Valley, CA
Call For Rent
1-3 BR
Subsidized

Housing Authorities that serve Nevada County

Housing Authority Programs
Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)
Nevada County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Nevada County, California

According to federal housing data and AffordableHousingOnline.com research, there are 24 low income housing apartment communities offering 1,456 affordable apartments for rent in Nevada County, California. Nevada County features 456 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,000 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Nevada County.

Nevada County, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 24
Total Low Income Apartments 1,456
Total Housing Units with Rental Assistance 456
Percentage of Housing Units Occupied By Renters 27.59%
Average Renter Household Size 2.38
Average Household Size 2.38
Median Household Income $56,521 ±$2,539
Median Rent $1,191 ±$68
Percentage Of Renters Overburdened 54.77% ± 4.32pp
Total Population 98,570

Population and Household Demographics

Nevada County is a County in California with a population of 98,570. There are 40,993 households in the county with an average household size of 2.38 persons. 27.59% of households in Nevada County are renters.

Income and Rent Overburden in Nevada County

The median gross income for households in Nevada County is $56,521 a year, or $4,710 a month. The median rent for the county is $1,191 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nevada County, a household making less than $3,970 a month would be considered overburdened when renting an apartment at or above the median rent. 54.77% of households who rent are overburdened in Nevada County.1

Area Median Income In Nevada County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Nevada County, HUD calculates the Area Median Income for a family of four as $85,100

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Nevada County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Nevada County HUD Rental Assistance in Nevada County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,750 $19,150 $21,550 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
80% of Median $44,650 $51,000 $57,400 $63,750 $68,850 $73,950 $79,050 $84,150
Low Income Housing Tax Credits in Nevada County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1989 to 2009, 19 low income apartment communities containing 1,119 rental apartments have been constructed and made affordable to low income persons in Nevada County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Nevada County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
60% of Median $33,480 $38,280 $43,080 $47,820 $51,660 $55,500 $59,340 $63,180

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Nevada County is $43,080 a year, or $3,590 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,590 by 30% to get a maximum rent of $1,077 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $698 $748 $898 $1,036 $1,156 $1,276
60% $837 $897 $1,077 $1,244 $1,388 $1,532
Fair Market Rents in Nevada County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$856 $998 $1,314 $1,896 $2,052

Cities In Nevada County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Grass Valley 15 The HUD funded Public Housing Agencies that serve Grass Valley are the Nevada County Housing Authority and Regional Housing Authority.
Truckee 8 The HUD funded Public Housing Agencies that serve Truckee are the Nevada County Housing Authority and Regional Housing Authority.
Penn Valley 1 The HUD funded Public Housing Agencies that serve Penn Valley are the Nevada County Housing Authority and Regional Housing Authority.
Nevada City 0 The HUD funded Public Housing Agency that serves Nevada City is the Regional Housing Authority.
Alta Sierra 0 The HUD funded Public Housing Agency that serves Alta Sierra is the Regional Housing Authority.
Floriston 0 The HUD funded Public Housing Agency that serves Floriston is the Regional Housing Authority.
Graniteville 0 The HUD funded Public Housing Agency that serves Graniteville is the Regional Housing Authority.
Kingvale 0 The HUD funded Public Housing Agency that serves Kingvale is the Regional Housing Authority.
Lake of the Pines 0 The HUD funded Public Housing Agency that serves Lake of the Pines is the Regional Housing Authority.
Lake Wildwood 0 The HUD funded Public Housing Agency that serves Lake Wildwood is the Regional Housing Authority.
North San Juan 0 The HUD funded Public Housing Agency that serves North San Juan is the Regional Housing Authority.
Rough and Ready 0 The HUD funded Public Housing Agency that serves Rough and Ready is the Regional Housing Authority.
Soda Springs 0 The HUD funded Public Housing Agency that serves Soda Springs is the Regional Housing Authority.
Washington 0 The HUD funded Public Housing Agency that serves Washington is the Regional Housing Authority.