Low Income Apartments and Affordable Housing For Rent in Las Vegas, NV (2024)

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Discover affordable housing in Las Vegas where there are 148+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Woodcreek Apartments

4485 Pennwood Ave, Las Vegas, Nevada 89102

bed1-4

payment$861-1094/mo.

switch_access_shortcutShort Wait

accessibilityAccessible

Vintage Desert Rose Senior Apartments

1701 N Jones Blvd , Las Vegas, Nevada 89108

bed1-2

payment$624-812/mo.

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Rancho Mesa

2881 N. Rancho Drive, Las Vegas, Nevada 89130

bed1-3

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Somerset Commons

2775 E. Fremont Street , Las Vegas, Nevada 89104

bed1-2

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

How To Identify Affordable Housing in Las Vegas, Nevada

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge	Description
switch_access_shortcutShort Wait	Low income apartments with no or short waiting lists.
paymentSubsidized	Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agentAccepts Vouchers	Apartments that accept Section 8 vouchers near you
elderlySenior	Rental housing for seniors who are 55 (or sometimes 62) and older.
paymentIncome Based	Affordable apartments where the rent paid is based on renter income.
accessibilityAccessible	Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forwardDisability	Apartments for individuals or families with disabilities.
real_estate_agentNaturally Affordable	Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InLas Vegas, Nevada

$31.12/hour

$20.87

(+204%) more thanNevada minimum wage and

$23.87

(+329%) more than the Federal minimum wage.

Learn More About Las Vegas, Nevada AffordableHousing ↓

What HUD offices serve Las Vegas, Nevada?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Southern Nevada Regional Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Public Housing Homeownership, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Las Vegas, Nevada.

Go to theNevadaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Las Vegas.

How many renters live in Las Vegas, Nevada?

The City of Las Vegas haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 39.89percent of the population living in Las Vegas.

What is the rental market like in Las Vegas, Nevada?

There are an estimated housing units in theLas Vegas area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Las Vegas, Nevada, there are1.05 rental units.

What is the vacancy rate for rentals in Las Vegas?

The rental vacancy rate in Las Vegas is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Las Vegas for each bedroom size?

Occupied Rental Units by Size in Las Vegas

Studio	One-Bedroom	Two-Bedroom	Three-Bedroom	Four+ Bedrooms
7,742	21,145	34,571	23,986	9,973

Occupied Rental Units by Size in Las Vegas

A large number of apartments in Las Vegas have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How Much Is Rent in Las Vegas

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,214 to $2,731. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size	2024 Fair Market Rents
Studio	$1,214
One BR	$1,377
Two BR	$1,643
Three BR	$2,315
Four BR	$2,731

2024 Fair Market Rents in Las Vegas, Nevada

How many units are rented at Fair Market Rent (FMR) in Las Vegas?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size	Count of Units Below FMR	Percentage of Total Units Below FMR
Studio	5,153	67 percent
One BR	14,094	67 percent
Two BR	23,183	67 percent

Rental Units Below FMR in Las Vegas, Nevada

How many affordable rental units are in Las Vegas?

There are a variety of federal affordable housing programs serving households inLas Vegas, Nevada including the following:

Federal Program	Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities

Tracked Units by Federal Program in Las Vegas, Nevada

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Las Vegas, Nevada

Las Vegas features 5,178 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Las Vegas, Nevada

There are 11,489 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Las Vegas.

Housing Choice Vouchers in Las Vegas, Nevada

On average, Section 8 Housing Choice vouchers pay Las Vegas landlords$800 per month towards rent. The average voucher holdercontributes $400 towards rent inLas Vegas.

The maximum amount a voucher would pay on behalf of a low-income tenant in Las Vegas, Nevada fora two-bedroom apartment is between $1,479 and $1,807.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Make sure you have the accommodations you need.

If you have special needs because of a disability, HUD housing authorities must provide reasonable accommodations for you to apply.

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