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Low Income (LIHTC)

Sierra Crest Senior Apts

795 Prater Way, Sparks, NV, 89431

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Sierra Crest Senior Apts comprises 72 low-income units designed to serve elderly residents in Sparks, Nevada. The property offers 45 one-bedroom and 27 two-bedroom floor plans and has been in service since 2005.

Property Details

Total Units
72
1 Bedroom
45
2 Bedroom
27

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$17,550
Very Low (50%)
$29,250
Low (80%)
$46,800
2 Persons
Extremely Low (30%)
$20,050
Very Low (50%)
$33,400
Low (80%)
$53,450
3 Persons
Extremely Low (30%)
$22,550
Very Low (50%)
$37,600
Low (80%)
$60,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$41,750
Low (80%)
$66,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$45,100
Low (80%)
$72,150
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$48,450
Low (80%)
$77,500
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$51,800
Low (80%)
$82,850
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$55,150
Low (80%)
$88,200

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Tax Credit Program Details

Year Placed in Service
2005
LIHTC Credit Type
3
Low-Income Units
72 / 72
Target Population
Elderly

Frequently Asked Questions

What is the average rent for affordable housing in Sparks, 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 Sierra Crest Senior Apts is typically 30% of household income or less.

What size apartments are available at Sierra Crest Senior Apts?+

Sierra Crest Senior Apts offers the following unit types: 45 One-Bedroom, 27 Two-Bedroom units, for a total of 72 units.

Who is eligible to live at Sierra Crest Senior Apts?+

Sierra Crest Senior Apts primarily serves elderly residents. 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 Sierra Crest Senior Apts?+

Sierra Crest Senior Apts 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 manages Sierra Crest Senior Apts?+

Sierra Crest Senior Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Sparks, NV?+

Based on Fair Market Rent for Washoe County, the estimated price range is: 1-bedroom: $1257, 2-bedroom: $1582. Actual rent at Sierra Crest Senior Apts may be lower for income-eligible households.

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.

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Walk Score

Very Walkable

85
Walk
72
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Washoe County, NV

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