Affordable Housing In Reno
Washoe County, Nevada

61 Low Income Apartment Communities In Reno

City Center Apartments

160 Sinclair St.
Reno, NV
$1,094-1,172
Studio-1 BR
HCV Welcome

Golden Apartments

520 Brinkby Ave
Reno, NV
Call For Rent
1-3 BR
Subsidized

Southridge Apartments

1550 Sky Valley Drive
Reno, NV
Call For Rent
Studio-3 BR
HCV Welcome

Vintage Hills Senior Apartments

4195 West Seventh Street
Reno, NV
Call For Rent
1-2 BR
HCV Welcome

The Bluffs Apartments

4050 Gardella Ave.
Reno, NV
Call For Rent
2-4 BR
HCV Welcome

Terracina Reno

2175 Sierra Highlands Dr.
Reno, NV
Call For Rent
1-3 BR
HCV Welcome

Parkway Lodge

49 S. Park Street
Reno, NV
Call For Rent
Studio BR
HCV Welcome

Reno Silvercrest Residence

1690 Wedekind Road
Reno, NV
62+
Accessible
Elderly Supportive Housing
Subsidized

Austin Crest Apartments

1295 Grand Summit Drive
Reno, NV
HCV Welcome

Washoe Mill Apartments

1375 Mill St
Reno, NV
Subsidized

Housing Authorities that serve Reno

Housing Authority Programs
Reno Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Reno, Nevada

There are 61 low income housing apartment communities offering 5,863 affordable apartments for rent in Reno, Nevada. Reno features 1,969 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 3,894 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Reno.

Sourced from federal housing data and AffordableHousingOnline.com research.

Reno, NV Affordable Housing Snapshot

Total Affordable Apartment Properties 61
Total Low Income Apartments 5,863
Total Housing Units with Rental Assistance 1,969
Percentage of Housing Units Occupied By Renters 53.57%
Average Renter Household Size 2.40
Average Household Size 2.47
Median Household Income $47,012 ±$988
Median Rent $851 ±$14
Percentage Of Renters Overburdened 49.2% ± 2.01pp
Total Population 234,161

Population and Household Demographics

Reno is a City in Washoe County, Nevada with a population of 234,161. There are 92,283 households in the city with an average household size of 2.47 persons. 53.57% of households in Reno are renters.

Income and Rent Overburden in Reno

The median gross income for households in Reno is $47,012 a year, or $3,918 a month. The median rent for the city is $851 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Reno, a household making less than $2,837 a month would be considered overburdened when renting an apartment at or above the median rent. 49.2% of households who rent are overburdened in Reno.1

Area Median Income In Reno

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Reno, the AMI is calculated from all households within Washoe County.

In Reno, HUD calculates the Area Median Income for a family of four as $78,100

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 Reno

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 Reno HUD Rental Assistance in Reno

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,450 $18,800 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,350 $31,250 $35,150 $39,050 $42,200 $45,300 $48,450 $51,550
80% of Median $43,750 $50,000 $56,250 $62,500 $67,500 $72,500 $77,500 $82,500
Low Income Housing Tax Credits in Reno

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2011, 29 low income apartment communities containing 3,656 rental apartments have been constructed and made affordable to low income persons in Reno by the Low Income Housing Tax Credit Program.

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 Reno

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,350 $31,250 $35,150 $39,050 $42,200 $45,300 $48,450 $51,550
60% of Median $32,820 $37,500 $42,180 $46,860 $50,640 $54,360 $58,140 $61,860

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 Reno is $42,180 a year, or $3,515 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,515 by 30% to get a maximum rent of $1,055 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% $684 $733 $879 $1,016 $1,133 $1,250
60% $821 $879 $1,055 $1,219 $1,359 $1,500
Fair Market Rents in Reno

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$698 $846 $1,071 $1,545 $1,880