Affordable Housing In Henderson
Clark County, Nevada

20 Low Income Apartment Communities In Henderson

Terracina Apartments

510 College Drive
Henderson, NV
$671-800
1-3 BR
HCV Welcome

Portofino Senior Apartments

1001 Las Palmas Entrada
Henderson, NV
Call For Rent
1-2 BR
HCV Welcome

Paseo Del Prado

740 East Warm Springs Road
Henderson, NV
Call For Rent
1-3 BR
HCV Welcome

George and Lois Brown

429 E Van Wagenen St
Henderson, NV
Accessible
Disabled Supportive Housing
HCV Welcome
Subsidized

Palo Verde Gardens

101 Palo Verde Dr
Henderson, NV
62+
Accessible
Elderly Supportive Housing
Subsidized

Annabelle Pines II

320 Annabelle Ln
Henderson, NV
HCV Welcome

Major Avenue Apartments

600 N Major Ave
Henderson, NV
Accessible
Disabled Supportive Housing
Subsidized

Highland Village

301 Taylor St
Henderson, NV
Subsidized

Cabrillo Terrace Condominiums

601 Cabrillo Cir Unit 1077
Henderson, NV
HCV Welcome

Horizon Senior Apartments

Boulder Hiway And Equestriana Dr
Henderson, NV
HCV Welcome

Housing Authorities that serve Henderson

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

Guide To Affordable Housing in Henderson, Nevada

According to federal housing data and AffordableHousingOnline.com research, there are 20 low income housing apartment communities offering 2,094 affordable apartments for rent in Henderson, Nevada. Henderson features 426 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,668 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Henderson.

Henderson, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 20
Total Low Income Apartments 2,094
Total Housing Units with Rental Assistance 426
Percentage of Housing Units Occupied By Renters 38.29%
Average Renter Household Size 2.57
Average Household Size 2.59
Median Household Income $63,120 ±$1,656
Median Rent $1,144 ±$16
Percentage Of Renters Overburdened 44.06% ± 2.17pp
Total Population 271,725

Population and Household Demographics

Henderson is a City in Clark County, Nevada with a population of 271,725. There are 104,492 households in the city with an average household size of 2.59 persons. 38.29% of households in Henderson are renters.

Income and Rent Overburden in Henderson

The median gross income for households in Henderson is $63,120 a year, or $5,260 a month. The median rent for the city is $1,144 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Henderson, a household making less than $3,813 a month would be considered overburdened when renting an apartment at or above the median rent. 44.06% of households who rent are overburdened in Henderson.1

Area Median Income In Henderson

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 Henderson, the AMI is calculated from all households within Clark County.

In Henderson, HUD calculates the Area Median Income for a family of four as $67,800

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 Henderson

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 Henderson HUD Rental Assistance in Henderson

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 Henderson

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

From 1993 to 2011, 10 low income apartment communities containing 1,138 rental apartments have been constructed and made affordable to low income persons in Henderson 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 Henderson

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 Henderson 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 Henderson

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
$728 $877 $1,080 $1,558 $1,882