Low Income Apartments and Affordable Housing For Rent in Lyon County, NV

Discover affordable housing in Lyon County where there are 24+ 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.

Nevada

3140 Elm St, Silver Springs, Nevada 89429

Nevada

373 Dayton Valley Rd, Dayton, Nevada 89403

Nevada

Surrprise St, Yerington, Nevada 89447

Nevada

Silver Lake Blvd, Fernley, Nevada 0

How To Identify Affordable Housing in Lyon County, Nevada

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lyon County, Nevada
$23.20/hour
$12.95 (+126%) more than Nevada minimum wage and $15.95 (+220%) more than the Federal minimum wage.
Learn More About Lyon County, Nevada Affordable Housing ↓

What HUD offices serve Lyon County, 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 Lyon County, Nevada.

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

How many renters live in Lyon County, Nevada?

The County of Lyon County has people living in households.

There are renters living in renter households in this County. Renters make up 23.33 percent of the population living in Lyon County.

What is the rental market like in Lyon County, Nevada?

There are an estimated housing units in the Lyon County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lyon County, Nevada, there are 1.04 rental units.

What is the vacancy rate for rentals in Lyon County?

The rental vacancy rate in Lyon County is 4 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 Lyon County for each bedroom size?

Occupied Rental Units by Size in Lyon County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
89 471 2,099 2,393 416
Occupied Rental Units by Size in Lyon County

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

How Much Is Rent in Lyon County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,006 to $2,079. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,006
One BR $1,052
Two BR $1,225
Three BR $1,726
Four BR $2,079
2024 Fair Market Rents in Lyon County, Nevada

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

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
Studio 57 64 percent
One BR 403 86 percent
Two BR 1,350 64 percent
Rental Units Below FMR in Lyon County, Nevada

How many affordable rental units are in Lyon County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
USDA Section 514 Farm Labor Housing
Tracked Units by Federal Program in Lyon County, Nevada

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

Income Based Apartments in Lyon County, Nevada

Lyon County features 221 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 201 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 $1,103 and $1,348.

Sourced from federal housing data and AffordableHousingOnline.com research.

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