About This Property
Palm Terrace Senior Village offers 64 units of affordable housing for elderly residents in Pahrump, Nevada, with 63 designated as low-income units. The community features 47 one-bedroom and 17 two-bedroom apartments and has been in service since 2003. This property is managed to serve the senior population in Nye County.
Property Details
Fair Market Rent - Nye 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 | $779 |
| 1 Bedroom | $919 |
| 2 Bedroom | $1,146 |
| 3 Bedroom | $1,553 |
| 4 Bedroom | $1,755 |
Income Limits - Nye 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 Pahrump, NV?+
The Fair Market Rent (FMR) for Nye County, NV is: $779 (Studio), $919 (1BR), $1146 (2BR), $1553 (3BR), $1755 (4BR). Actual rent at subsidized properties like Palm Terrace Senior Village is typically 30% of household income or less.
What size apartments are available at Palm Terrace Senior Village?+
Palm Terrace Senior Village offers the following unit types: 47 One-Bedroom, 17 Two-Bedroom units, for a total of 64 units.
What are the income limits for affordable housing in Nye County, NV?+
For a 4-person household in Nye 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.
How do I apply for housing at Palm Terrace Senior Village?+
Palm Terrace Senior Village 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.
What is the price range for apartments in Pahrump, NV?+
Based on Fair Market Rent for Nye County, the estimated price range is: 1-bedroom: $919, 2-bedroom: $1146. Actual rent at Palm Terrace Senior Village may be lower for income-eligible households.
Who is eligible to live at Palm Terrace Senior Village?+
Palm Terrace Senior Village primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Palm Terrace Senior Village?+
Palm Terrace Senior Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.