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Affordable Housing In Lyon County
Nevada

19 Low Income Apartment Communities In Lyon County

Yerington Manor

101 S Mountain View St
Yerington, Nevada
Subsidized

Nevada

Surrprise St
Yerington, Nevada

Dayton Valley Village II

369 Dayton Valley Rd
Dayton, Nevada

Fernwood Meadows

625 Silverlace Blvd
Fernley, Nevada
Subsidized

Nevada

373 Dayton Valley Rd
Dayton, Nevada

Silverado Apartments

3160 Elm St
Silver Springs, Nevada
Subsidized

Sandia Manor D

335 Jill Ct
Fernley, Nevada
Subsidized

Sandia Manor F

405 Jill Ct
Fernley, Nevada

Yerington Garden Apartments

608 Surprise Ave
Yerington, Nevada
Subsidized

River Valley Apartments

350 Dayton Valley Rd
Dayton, Nevada

Housing Authorities that serve Lyon County

Housing Authority Programs
Nevada Rural Housing Authority Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA); Homeownership

Guide To Affordable Housing in Lyon County, Nevada

There are 19 low income housing apartment communities offering 816 affordable apartments for rent in Lyon County, Nevada.

Income Based Apartments in Lyon County, Nevada

Lyon County features 401 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 Lyon County, Nevada

There are 414 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lyon County.

Housing Choice Vouchers in Lyon County, Nevada

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lyon County, Nevada for a two-bedroom apartment is between $752 and $920.

2020 Lyon County, 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
Fair Market Rent $631 $635 $836 $1,206 $1,468
Payment Standard Range $568 to $694 $572 to $699 $752 to $920 $1,085 to $1,327 $1,321 to $1,615

Sourced from federal housing data and AffordableHousingOnline.com research.

Lyon County, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 816
Total Housing Units with Rental Assistance 401
Percentage of Housing Units Occupied By Renters 29.82%
Average Renter Household Size 2.94
Average Household Size 2.63
Median Household Income $47,255 ±$1,924
Median Rent $904 ±$37
Percentage Of Renters Overburdened 41.65% ± 5.29pp
Total Population 51,657

Population and Household Demographics

Lyon County is a county in Nevada with a population of 51,657. There are 19,524 households in the county with an average household size of 2.63 persons. 29.82% of households in Lyon County are renters.

Income and Rent Overburden in Lyon County

The median gross income for households in Lyon County is $47,255 a year, or $3,938 a month. The median rent for the county is $904 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lyon County, a household making less than $3,013 a month would be considered overburdened when renting an apartment at or above the median rent. 41.65% of households who rent are overburdened in Lyon County.

Area Median Income In Lyon 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 Lyon County, HUD calculates the Area Median Income for a family of four as $64,100

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 Lyon 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 HUD Rental Assistance in Lyon County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,750 $18,000 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,250 $30,000 $33,750 $37,500 $40,500 $43,500 $46,500 $49,500
80% of Median $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200

Cities In Lyon County

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

City Served By
Dayton The HUD funded Public Housing Agency that serves Dayton is the Nevada Rural Housing Authority.
Fernley The HUD funded Public Housing Agency that serves Fernley is the Nevada Rural Housing Authority.
Silver Springs The HUD funded Public Housing Agency that serves Silver Springs is the Nevada Rural Housing Authority.
Smith Valley The HUD funded Public Housing Agency that serves Smith Valley is the Nevada Rural Housing Authority.
Stagecoach The HUD funded Public Housing Agency that serves Stagecoach is the Nevada Rural Housing Authority.
Yerington The HUD funded Public Housing Agency that serves Yerington is the Nevada Rural Housing Authority.