Affordable Housing In Carson City
Nevada

10 Low Income Apartment Communities In Carson City

Sierra Springs Apartments

633 Hot Springs Rd
Carson City, NV
$714-988
1-3 BR
HCV Welcome

Richard's Crossing

430 Jeanell Drive
Carson City, NV
Call For Rent
1 BR
HCV Welcome
Homeless Transitional

Autumn Village I & II

1101 Beverly Dr
Carson City, NV
Call For Rent
1-2 BR
HCV Welcome

Parkway Plaza

500 College Pkwy
Carson City, NV
$985
3 BR
HCV Welcome

Southgate Apartments

2100 California St
Carson City, NV
Subsidized

Highland Manor

3501 Vista Grande Blvd
Carson City, NV
Subsidized

Foothill Garden Apartments

1770 Russell Way
Carson City, NV
Subsidized

Frost Yasmer Estates

1009 E Fifth St
Carson City, NV
Accessible
Disabled Supportive Housing
Subsidized

Summit Crest Apartments

921 Mica Dr
Carson City, NV
HCV Welcome

Sierra Ridge Apartments

1820 Russell Way
Carson City, NV
HCV Welcome
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Other Housing Authorities located in Carson City

Housing Authority Programs
Nevada Rural Housing Authority Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA)

Guide To Affordable Housing in Carson City, Nevada

According to federal housing data and AffordableHousingOnline.com research, there are 10 low income housing apartment communities offering 879 affordable apartments for rent in Carson City, Nevada. Carson City features 315 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 564 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Carson City.

Carson City, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 879
Total Housing Units with Rental Assistance 315
Percentage of Housing Units Occupied By Renters 43.95%
Average Renter Household Size 2.40
Average Household Size 2.43
Median Household Income $47,668 ±$2,495
Median Rent $817 ±$36
Percentage Of Renters Overburdened 44.44% ± 4.57pp
Total Population 54,482

Population and Household Demographics

Carson City is a City in Nevada with a population of 54,482. There are 21,594 households in the city with an average household size of 2.43 persons. 43.95% of households in Carson City are renters.

Income and Rent Overburden in Carson City

The median gross income for households in Carson City is $47,668 a year, or $3,972 a month. The median rent for the city is $817 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carson City, a household making less than $2,723 a month would be considered overburdened when renting an apartment at or above the median rent. 44.44% of households who rent are overburdened in Carson City.1

Area Median Income In Carson City

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 Carson City, HUD calculates the Area Median Income for a family of four as $69,600

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 Carson City

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 Carson City HUD Rental Assistance in Carson City

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,400 $27,900 $31,400 $34,850 $37,650 $40,450 $43,250 $46,050
80% of Median $39,050 $44,600 $50,200 $55,750 $60,250 $64,700 $69,150 $73,600
Low Income Housing Tax Credits in Carson City

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

From 1995 to 2011, 7 low income apartment communities containing 709 rental apartments have been constructed and made affordable to low income persons in Carson City 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 Carson City

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,400 $27,900 $31,400 $34,850 $37,650 $40,450 $43,250 $46,050
60% of Median $29,280 $33,480 $37,680 $41,820 $45,180 $48,540 $51,900 $55,260

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 Carson City is $37,680 a year, or $3,140 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,140 by 30% to get a maximum rent of $942 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% $610 $654 $785 $906 $1,011 $1,116
60% $732 $785 $942 $1,088 $1,214 $1,340
Fair Market Rents in Carson City

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
$618 $733 $943 $1,360 $1,656