Affordable Housing In Lincoln County
Nevada

4 Low Income Apartment Communities In Lincoln County

Caliente Renaissance Apartments

150 Minnie St
Caliente, NV
Subsidized

Cl Panaca

4th And H St
Panaca, NV

Cl Pioche

Main St
Pioche, NV

Cl Caliente

200 Miller Ln
Caliente, NV
Subsidized
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There are 4 low income housing apartment complexes which contain 102 affordable apartments for rent in Lincoln County. Many of these rental apartments are income based housing with 70 apartments that set rent based on your income. In Lincoln County, HUD housing programs support 30 rental assistance apartments through programs like Project-based Section 8. There are 32 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Lincoln County

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 Lincoln County, Nevada

Lincoln County, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 102
Total Rent Assisted Apartments 70
Percentage of Housing Units Occupied By Renters 32.18%
Average Renter Household Size 2.48
Total Population 5,194
Housing Units 1,883
Average Household Size 2.55
Median Household Income $44,866 ±$7,245
Median Rent $592 ±$66
Percentage Of Renters Overburdened 21.62% ± 11.91pp

Population and Household Demographics

Lincoln County is a County in Nevada with a population of 5,194. There are 1,883 households in the county with an average household size of 2.55 persons. 32.18% of households in Lincoln County are renters.

Income and Rent Overburden in Lincoln County

The median gross income for households in Lincoln County is $44,866 a year, or $3,739 a month. The median rent for the county is $592 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln County, a household making less than $1,973 a month would be considered overburdened when renting an apartment at or above the median rent. 21.62% of households who rent are overburdened in Lincoln County.1

Area Median Income In Lincoln 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 Lincoln County, HUD calculates the Area Median Income for a family of four as $59,100

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 Lincoln 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 Lincoln County HUD Rental Assistance in Lincoln County

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

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 Lincoln County

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 Lincoln County 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 Lincoln 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
$455 $619 $709 $1,025 $1,114

Cities In Lincoln County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Pioche 1 The HUD funded Public Housing Agency that serves Pioche is the Nevada Rural Housing Authority.
Caliente 2 The HUD funded Public Housing Agency that serves Caliente is the Nevada Rural Housing Authority.
Panaca 1 The HUD funded Public Housing Agency that serves Panaca is the Nevada Rural Housing Authority.
Alamo 0 The HUD funded Public Housing Agency that serves Alamo is the Nevada Rural Housing Authority.
Beaverdam 0 The HUD funded Public Housing Agency that serves Beaverdam is the Nevada Rural Housing Authority.
Bennett Springs 0 The HUD funded Public Housing Agency that serves Bennett Springs is the Nevada Rural Housing Authority.
Dry Valley 0 The HUD funded Public Housing Agency that serves Dry Valley is the Nevada Rural Housing Authority.
Hiko 0 The HUD funded Public Housing Agency that serves Hiko is the Nevada Rural Housing Authority.
Mount Wilson 0 The HUD funded Public Housing Agency that serves Mount Wilson is the Nevada Rural Housing Authority.
Rachel 0 The HUD funded Public Housing Agency that serves Rachel is the Nevada Rural Housing Authority.
Ursine 0 The HUD funded Public Housing Agency that serves Ursine is the Nevada Rural Housing Authority.