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

Discover affordable housing in Storey County where there are 0+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Storey County, Nevada
$29.96/hour
$19.71 (+192%) more than Nevada minimum wage and $22.71 (+313%) more than the Federal minimum wage.
Learn More About Storey County, Nevada Affordable Housing ↓

What HUD offices serve Storey 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 Storey County, Nevada.

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

How many renters live in Storey County, Nevada?

The County of Storey County has 4,095 people living in 1,692 households.

There are 108 renters living in 51 renter households in this County. Renters make up 2.64 percent of the population living in Storey County.

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

There are an estimated 1,934 housing units in the Storey County area. Of these, 62 units are rental homes, making up 3 percent of the housing market. For every renter household in Storey County, Nevada, there are 1 rental units.

What is the vacancy rate for rentals in Storey County?

The rental vacancy rate in Storey County is 18 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Storey County for each bedroom size?

Occupied Rental Units by Size in Storey County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 34 17 0
Occupied Rental Units by Size in Storey County

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

How many renter households in Storey County are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Storey County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,072 to $2,669. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,072
One BR $1,257
Two BR $1,582
Three BR $2,229
Four BR $2,669
2024 Fair Market Rents in Storey County, Nevada

How many units are rented at Fair Market Rent (FMR) in Storey 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
Two BR 31 91 percent
Rental Units Below FMR in Storey County, Nevada

How many affordable rental units are in Storey County?

Income Based Apartments in Storey County, Nevada

Storey County features 0 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 Storey County, Nevada

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Storey County.

Housing Choice Vouchers in Storey County, Nevada

On average, Section 8 Housing Choice vouchers pay Storey County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Storey County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Storey County, Nevada for a two-bedroom apartment is between $1,424 and $1,740.

Sourced from federal housing data and AffordableHousingOnline.com research.