Low Income Apartments and Affordable Housing For Rent in Fallon, NV

Discover affordable housing in Fallon where there are 13+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Arborwood I Apartments

100 Serpa Place, Fallon, Nevada 89406

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Arborwood II Apartments

451 N. Broadway, Fallon, Nevada 89406

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Arborwood III Apartments

160 Serpa Place, Fallon, Nevada 89406

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Churchill Village Apartments

650 N Maine Street, Fallon, Nevada 89406

bed 1-3
payment Subsidized

Desertaire Apartments

1795 Auction Road, Fallon, Nevada 89406

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based

Indigo Village Apartments

1755 Auction Rd, Fallon, Nevada 89406

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bellaire Apartments

1825 Auction Rd, Fallon, Nevada 89406

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based

Desertwood Apartments

1775 Auction Road, Fallon, Nevada 89406

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

Morning Glory Apartments

1420 Grimes St, Fallon, Nevada 89406

721 Cleveland St

721 Cleveland St, Fallon, Nevada 89406

bed 3
payment $1450/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1663 Kaiser St

1663 Kaiser St, Fallon, Nevada 89406

bed 3
payment $1600/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Sunridge Quarters

1755 Auction Rd, Fallon, Nevada 89406

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Saddlebrook Lands

1220 Deerfield Dr, Fallon, Nevada 89406

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Fallon, Nevada

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fallon, Nevada
$22.90/hour
$12.65 (+123%) more than Nevada minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Fallon, Nevada Affordable Housing ↓

What HUD offices serve Fallon, Nevada?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Rental Assistance (PBRA), Homeownership programs for Fallon, Nevada.

Go to the Nevada Public Housing and Low-Income Apartments Waiting Lists page for openings near Fallon.

How many renters live in Fallon, Nevada?

The City of Fallon has people living in households.

There are renters living in renter households in this City. Renters make up 49.38 percent of the population living in Fallon.

What is the rental market like in Fallon, Nevada?

There are an estimated housing units in the Fallon area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fallon, Nevada, there are 1.05 rental units.

What is the vacancy rate for rentals in Fallon?

The rental vacancy rate in Fallon is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Fallon for each bedroom size?

Occupied Rental Units by Size in Fallon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
80 149 996 886 98
Occupied Rental Units by Size in Fallon

A large number of apartments in Fallon have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Fallon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $822 to $2,052. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $822
One BR $920
Two BR $1,209
Three BR $1,704
Four BR $2,052
2024 Fair Market Rents in Fallon, Nevada

How many units are rented at Fair Market Rent (FMR) in Fallon?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 45 56 percent
One BR 109 73 percent
Two BR 551 55 percent
Rental Units Below FMR in Fallon, Nevada

How many affordable rental units are in Fallon?

There are a variety of federal affordable housing programs serving households in Fallon, Nevada including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Fallon, Nevada

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Fallon, Nevada

Fallon features 355 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Fallon, Nevada

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fallon.

Housing Choice Vouchers in Fallon, Nevada

On average, Section 8 Housing Choice vouchers pay Fallon landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Fallon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fallon, Nevada for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.