About This Property
Aspen Terrace Apartments contains 42 low-income units in Reno, Nevada, consisting of 16 one-bedroom and 26 two-bedroom units that serve families. The property has been in service since 2009 and is owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by City of Reno Housing Authority
Waitlists are open until further notice. Applicants may apply via RHA's Kiosks or online.
Housing choice voucher waitlists are not open at this time.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Washoe 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 | $1,072 |
| 1 Bedroom | $1,257 |
| 2 Bedroom | $1,582 |
| 3 Bedroom | $2,229 |
| 4 Bedroom | $2,669 |
Income Limits - Washoe County, NV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $20,050
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $22,550
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,750
- Low (80%)
- $66,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,450
- Low (80%)
- $77,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,800
- Low (80%)
- $82,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,150
- Low (80%)
- $88,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,550 | $29,250 | $46,800 |
| 2 Persons | $20,050 | $33,400 | $53,450 |
| 3 Persons | $22,550 | $37,600 | $60,150 |
| 4 Persons | $26,500 | $41,750 | $66,800 |
| 5 Persons | $31,040 | $45,100 | $72,150 |
| 6 Persons | $35,580 | $48,450 | $77,500 |
| 7 Persons | $40,120 | $51,800 | $82,850 |
| 8 Persons | $44,660 | $55,150 | $88,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Reno, NV?+
The Fair Market Rent (FMR) for Washoe County, NV is: $1072 (Studio), $1257 (1BR), $1582 (2BR), $2229 (3BR), $2669 (4BR). Actual rent at subsidized properties like Aspen Terrace Apartments is typically 30% of household income or less.
What size apartments are available at Aspen Terrace Apartments?+
Aspen Terrace Apartments offers the following unit types: 16 One-Bedroom, 26 Two-Bedroom units, for a total of 42 units.
Is there a waitlist for Aspen Terrace Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Aspen Terrace Apartments?+
Aspen Terrace Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Washoe County, NV?+
For a 4-person household in Washoe County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,750, Low Income (80% AMI): $66,800. These limits are set by HUD and updated annually.
Who manages Aspen Terrace Apartments?+
Aspen Terrace Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Reno, NV?+
Based on Fair Market Rent for Washoe County, the estimated price range is: 1-bedroom: $1257, 2-bedroom: $1582. Actual rent at Aspen Terrace Apartments may be lower for income-eligible households.
How do I apply for housing at Aspen Terrace Apartments?+
Aspen Terrace 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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