Affordable Housing In Nevada County
California

24 Low Income Apartment Communities In Nevada County

Valley View Apartments

115 E Berryhill Drive
Grass Valley, CA
Call For Rent
1-3 BR

Nevada Meadows Apartments

825 Old Tunnel Rd
Grass Valley, CA
Call For Rent
1 BR
HCV Welcome

Grass Valley Senior Apartments

321 Dorsey Dr
Grass Valley, CA
Subsidized

Nevada Commons Apartments Ppm

11775 Old Tunnel Rd
Grass Valley, CA

Riverview Homes

11230 Village Way
Truckee, CA
HCV Welcome

Nevada Commons

11725 Old Tunnel Rd
Grass Valley, CA
HCV Welcome

Rural California Housing Corp.

10065 Riverview Dr
Truckee, CA
HCV Welcome

Truckee

11400 Brockway Rd
Truckee, CA
HCV Welcome

Truckee Pines Apartments

10100 Estates Dr
Truckee, CA
HCV Welcome

Courtyards at Penn Valley

10533 Broken Oak Ct
Penn Valley, CA
HCV Welcome

There are 24 low income housing apartment complexes which contain 1,456 affordable apartments for rent in Nevada County. Many of these rental apartments are income based housing with 456 apartments that set rent based on your income. In Nevada County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 1,000 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

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

Nevada County, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 24
Total Low Income Apartments 1,456
Total Rent Assisted Apartments 456
Percentage of Housing Units Occupied By Renters 27.59%
Average Renter Household Size 2.38
Total Population 98,570
Housing Units 40,993
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

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$778 $916 $1,211 $1,751 $1,978

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.