About This Property
Silverado Apartments comprises 24 one-bedroom units designed to serve elderly and disabled residents in Silver Springs, Nevada. The property has been in service since 1997 and operates as a low-income housing community with 4% LIHTC financing. This Lyon County property offers affordable rental options for qualified households.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Silver Springs, 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 Silverado Apartments is typically 30% of household income or less.
What size apartments are available at Silverado Apartments?+
Silverado Apartments offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
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.
What is the price range for apartments in Silver Springs, NV?+
Based on Fair Market Rent for Lyon County, the estimated price range is: 1-bedroom: $1052. Actual rent at Silverado Apartments may be lower for income-eligible households.
Who manages Silverado Apartments?+
Silverado Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Silverado Apartments?+
Silverado Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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 is eligible to live at Silverado Apartments?+
Silverado Apartments primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car