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

Discover affordable housing in Lovelock where there are 4+ 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.

Lovelock Garden Apartments

865 6th St, Lovelock, Nevada 89419

Sunwood Apartments

150 Bowean Street, Lovelock, Nevada 89419

Rosewood Apartments

500 Meadow Ln, Lovelock, Nevada 89419

Pershing Meadows

325 4th St, Lovelock, Nevada 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lovelock, Nevada
$19.32/hour
$9.07 (+88%) more than Nevada minimum wage and $12.07 (+166%) more than the Federal minimum wage.
Learn More About Lovelock, Nevada Affordable Housing ↓

What HUD offices serve Lovelock, 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 Lovelock, Nevada.

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

How many renters live in Lovelock, Nevada?

The City of Lovelock has 1,675 people living in 674 households.

There are 767 renters living in 345 renter households in this City. Renters make up 45.79 percent of the population living in Lovelock.

What is the rental market like in Lovelock, Nevada?

There are an estimated 839 housing units in the Lovelock area. Of these, 345 units are rental homes, making up 41 percent of the housing market. For every renter household in Lovelock, Nevada, there are 1 rental units.

What is the vacancy rate for rentals in Lovelock?

The rental vacancy rate in Lovelock is 0 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 Lovelock for each bedroom size?

Occupied Rental Units by Size in Lovelock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 115 144 61 22
Occupied Rental Units by Size in Lovelock

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

How many renter households in Lovelock are overburdened by housing costs?

Among renter households in this market, 18 percent have housing cost burden. Further, 10 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lovelock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $693 to $1,706. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $693
One BR $796
Two BR $1,020
Three BR $1,437
Four BR $1,706
2024 Fair Market Rents in Lovelock, Nevada

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

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
One BR 74 64 percent
Two BR 103 72 percent
Rental Units Below FMR in Lovelock, Nevada

How many affordable rental units are in Lovelock?

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

Federal Program Unit Count
Low Income Housing Tax Credit 134
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Lovelock, Nevada

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

Income Based Apartments in Lovelock, Nevada

Lovelock features 72 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 Lovelock, Nevada

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lovelock.

Housing Choice Vouchers in Lovelock, Nevada

On average, Section 8 Housing Choice vouchers pay Lovelock landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lovelock.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lovelock, Nevada for a two-bedroom apartment is between $918 and $1,122.

Sourced from federal housing data and AffordableHousingOnline.com research.