Southridge Apartments

1550 Sky Valley Drive, Reno, NV 89523

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$775 - 850 per Month Studio - 3 Beds 1 - 2 Baths 504 - 1,177 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Nice affordable housing mix income apartment family community located in Reno, NV. Close to shopping, restaurants, schools, BBQ pits, skyline view, basketball court and public transportation. On-site laundry facility and playground for kids. Please contact office for more details.
Dave's Thoughts On Southridge Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Southridge Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Southridge Apartments Amenities

  • Playground
  • BBQ and Picnic Area
  • Community Room
  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools
  • Laundry Room
  • 24hr Emergency Maintenance
  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Patio Deck Or Balcony
  • Private Entrance
  • Refrigerator

Units at Southridge Apartments

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 504ft2 Call for Price
Two Bedroom (2/2) 804ft2 $775
Three Bedroom (3/2) 1177ft2 $850

Income Qualification for Southridge Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $34,650 / year $39,600 / year $44,550 / year $49,450 / year $53,450 / year $57,400 / year
50% AMI for PBRA Units $34,650 / year $39,600 / year $44,550 / year $49,450 / year $53,450 / year $57,400 / year
60% AMI for LIHTC Units $41,580 / year $47,520 / year $53,460 / year $59,340 / year $64,140 / year $68,880 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Southridge Apartments

Does Southridge Apartments have a waiting list?

Southridge Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Southridge Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Southridge Apartments?

Southridge Apartments is managed by USA Properties Fund headquartered in Roseville, California.

In addition to Southridge Apartments, how many other affordable housing properties (and units) are there in Reno?

In addition to Southridge Apartments, we list 188 other affordable properties in Reno. Learn about these properties here. Our data research shows that there are a total of 5630 affordable units in Reno.

Listings Near Southridge Apartments

City Center Apartments

160 Sinclair St., Reno, Nevada 89501

bed Studio-1
payment $1094-1172/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Terracina Reno

2175 Sierra Highlands Dr. , Reno, Nevada 89523

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Vintage Hills Senior Apartments

4195 West Seventh Street, Reno, Nevada 89503

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

The Bluffs Apartments

4050 Gardella Ave., Reno, Nevada 89512

bed 2-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Golden Apartments

520 Brinkby Ave, Reno, Nevada 89509

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Sierra Manor

2350 Paradise Dr, Reno, Nevada 89512

switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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