About This Property
Lahontan Springs Apartments is a 48-unit property in Fernley, Nevada that has served families since 2005. The community offers 47 low-income units with a mix of 24 two-bedroom and 4 four-bedroom floor plans. Professional management oversees day-to-day operations of this Lyon County property.
Property Details
Fair Market Rent - Lyon County, NV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,006 |
| 1 Bedroom | $1,052 |
| 2 Bedroom | $1,225 |
| 3 Bedroom | $1,726 |
| 4 Bedroom | $2,079 |
Income Limits - Lyon County, NV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,550
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,350
- Low (80%)
- $62,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,800
- Low (80%)
- $78,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,950
- Low (80%)
- $83,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,550 | $27,550 | $44,100 |
| 2 Persons | $18,900 | $31,500 | $50,400 |
| 3 Persons | $21,960 | $35,450 | $56,700 |
| 4 Persons | $26,500 | $39,350 | $62,950 |
| 5 Persons | $31,040 | $42,500 | $68,000 |
| 6 Persons | $35,580 | $45,650 | $73,050 |
| 7 Persons | $40,120 | $48,800 | $78,100 |
| 8 Persons | $44,660 | $51,950 | $83,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fernley, NV?+
The Fair Market Rent (FMR) for Lyon County, NV is: $1006 (Studio), $1052 (1BR), $1225 (2BR), $1726 (3BR), $2079 (4BR). Actual rent at subsidized properties like Lahontan Springs Apartments is typically 30% of household income or less.
What size apartments are available at Lahontan Springs Apartments?+
Lahontan Springs Apartments offers the following unit types: 24 Two-Bedroom, 4 Four-Bedroom units, for a total of 48 units.
What is the price range for apartments in Fernley, NV?+
Based on Fair Market Rent for Lyon County, the estimated price range is: 2-bedroom: $1225. Actual rent at Lahontan Springs Apartments may be lower for income-eligible households.
Who is eligible to live at Lahontan Springs Apartments?+
Lahontan Springs Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Lahontan Springs Apartments?+
Lahontan Springs Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Lahontan Springs Apartments?+
Lahontan Springs Apartments is managed by . You can reach them at .
What are the income limits for affordable housing in Lyon County, NV?+
For a 4-person household in Lyon County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,350, Low Income (80% AMI): $62,950. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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