Affordable Housing In Mineral County
Nevada

1 Low Income Apartment Communities In Mineral County

Hawthorne Manor

1003 Park St
Hawthorne, NV
Subsidized
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There are 1 low income housing apartment complexes which contain 16 affordable apartments for rent in Mineral County. Many of these rental apartments are income based housing with 16 apartments that set rent based on your income. In Mineral County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 0 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Mineral 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 Mineral County, Nevada

Mineral County, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 16
Total Rent Assisted Apartments 16
Percentage of Housing Units Occupied By Renters 36.08%
Average Renter Household Size 2.36
Total Population 4,566
Housing Units 1,990
Average Household Size 2.25
Median Household Income $38,923 ±$10,131
Median Rent $535 ±$55
Percentage Of Renters Overburdened 24.23% ± 9.55pp

Population and Household Demographics

Mineral County is a County in Nevada with a population of 4,566. There are 1,990 households in the county with an average household size of 2.25 persons. 36.08% of households in Mineral County are renters.

Income and Rent Overburden in Mineral County

The median gross income for households in Mineral County is $38,923 a year, or $3,244 a month. The median rent for the county is $535 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mineral County, a household making less than $1,783 a month would be considered overburdened when renting an apartment at or above the median rent. 24.23% of households who rent are overburdened in Mineral County.1

Area Median Income In Mineral 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 Mineral County, HUD calculates the Area Median Income for a family of four as $62,400

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 Mineral 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 Mineral County HUD Rental Assistance in Mineral 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 Mineral 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 Mineral 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 Mineral 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
$450 $541 $700 $909 $1,100

Cities In Mineral County

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

City Listings Served By
Hawthorne 1 The HUD funded Public Housing Agency that serves Hawthorne is the Nevada Rural Housing Authority.
Mina 0 The HUD funded Public Housing Agency that serves Mina is the Nevada Rural Housing Authority.
Schurz 0 The HUD funded Public Housing Agency that serves Schurz is the Nevada Rural Housing Authority.
Walker Lake 0 The HUD funded Public Housing Agency that serves Walker Lake is the Nevada Rural Housing Authority.