; Low Income Apartments For Rent in Fallon, NV

Churchill Village Apartments

650 N Maine Street
Fallon, Nevada
Subsidized
PBRA
BMIR
Call For Rent
1-3 BR

Arborwood I Apartments

100 Serpa Place
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1-3 BR

Arborwood II Apartments

451 N. Broadway
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1 BR

Arborwood III Apartments

160 Serpa Place
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1 BR

Indigo Village Apartments

1755 Auction Rd
Fallon, Nevada
Rent Assisted
Senior
Supportive
HOME
LIHTC
S515
Call For Rent
1-2 BR

Bellaire Apartments

1825 Auction Rd
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Desertwood Apartments

1775 Auction Road
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Desertaire Apartments

1795 Auction Road
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Morning Glory Apartments

1420 Grimes St
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Sunridge Quarters

1755 Auction Rd
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Saddlebrook Lands

1220 Deerfield Dr
Fallon, Nevada
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 48 low-income apartments in Fallon that offer reduced rents to eligible households.

Rental assistance programs support 355 low-income homes in Fallon where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $318 towards rent each month.

Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving 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.

Housing Authority Programs
Nevada Rural Housing Authority Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA); Homeownership
Go to the Nevada Public Housing and Low-Income Apartments Waiting Lists page for openings near Fallon.

Fallon, Nevada Affordable Housing Data

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 $952 and $1,164.

2023 Fallon, Nevada Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fallon, Nevada Fair Market Rent $707 $824 $1,058 $1,504 $1,802
Fallon, Nevada Payment Standard Range $636 to $778 $742 to $906 $952 to $1,164 $1,354 to $1,654 $1,622 to $1,982

Sourced from federal housing data and AffordableHousingOnline.com research.

Fallon, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 403
Total Housing Units with Rental Assistance 355
Percentage of Housing Units Occupied By Renters 62.81%
Average Renter Household Size 2.63
Average Household Size 2.41
Median Household Income $39,580 ±$4,965
Median Rent $852 ±$49
Percentage Of Renters Overburdened 43.07% ± 8.63pp
Total Population 8,442

Population and Household Demographics

Fallon is a city in Churchill County, Nevada with a population of 8,442. There are 3,412 households in the city with an average household size of 2.41 persons. 62.81% of households in Fallon are renters.

Income and Rent Overburden in Fallon

The median gross income for households in Fallon is $39,580 a year, or $3,298 a month. The median rent for the city is $852 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fallon, a household making less than $2,840 a month would be considered overburdened when renting an apartment at or above the median rent. 43.07% of households who rent are overburdened in Fallon.

Area Median Income In Fallon

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Fallon, the AMI is calculated from all households within Churchill County.

In Fallon, HUD calculates the Area Median Income for a family of four as $94,600

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 Fallon

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 HUD Rental Assistance in Fallon

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Fallon AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,200 $20,800 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Fallon AMI may qualify for rental assistance programs that target Very Low Income households.
$30,350 $34,650 $39,000 $43,300 $46,800 $50,250 $53,700 $57,200
80% AMI Income Limits
Renters earning up to 80% of the Fallon AMI may qualify for rental assistance programs that target Low Income households.
$48,550 $55,450 $62,400 $69,300 $74,850 $80,400 $85,950 $91,500