Affordable Housing In Nye County
8 Low Income Apartment Communities In Nye County
Housing Authorities that serve Nye County
|Nevada Rural Housing Authority||Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA); Homeownership|
Guide To Affordable Housing in Nye County, Nevada
There are 8 low income housing apartment communities offering 326 affordable apartments for rent in Nye County, Nevada.
Income Based Apartments in Nye County, Nevada
Nye County features 178 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 Nye County, Nevada
There are 148 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nye County.
Housing Choice Vouchers in Nye County, Nevada
On average, Section 8 Housing Choice vouchers pay Nye County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Nye County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nye County, Nevada for a two-bedroom apartment is between $754 and $922.
2020 Nye 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||$546||$647||$838||$1,125||$1,242|
|Payment Standard Range||$491 to $601||$582 to $712||$754 to $922||$1,013 to $1,238||$1,118 to $1,366|
Sourced from federal housing data and AffordableHousingOnline.com research.
Nye County, NV Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||326|
|Total Housing Units with Rental Assistance||178|
|Percentage of Housing Units Occupied By Renters||29.49%|
|Average Renter Household Size||2.75|
|Average Household Size||2.42|
|Median Household Income||$41,712 ±$1,666|
|Median Rent||$778 ±$39|
|Percentage Of Renters Overburdened||45% ± 7.07pp|
Population and Household Demographics
Nye County is a county in Nevada with a population of 42,625. There are 17,427 households in the county with an average household size of 2.42 persons. 29.49% of households in Nye County are renters.
Income and Rent Overburden in Nye County
The median gross income for households in Nye County is $41,712 a year, or $3,476 a month. The median rent for the county is $778 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nye County, a household making less than $2,593 a month would be considered overburdened when renting an apartment at or above the median rent. 45% of households who rent are overburdened in Nye County.
Area Median Income In Nye 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 Nye County, HUD calculates the Area Median Income for a family of four as $57,300
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 Nye 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 Nye 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 Nye County
Select A City to View its Apartment Communities and Waiting Lists.
|Beatty||The HUD funded Public Housing Agency that serves Beatty is the Nevada Rural Housing Authority.|
|Gabbs||The HUD funded Public Housing Agency that serves Gabbs is the Nevada Rural Housing Authority.|
|Pahrump||The HUD funded Public Housing Agency that serves Pahrump is the Nevada Rural Housing Authority.|
|Tonopah||The HUD funded Public Housing Agency that serves Tonopah is the Nevada Rural Housing Authority.|