Affordable & Income-Based Housing in Fallon

Affordability

According to Census ACS 5-Year data (as of 2024), the median gross rent in Fallon is $1,230 per month and the median household income is $73,389 annually. Nearly half of Fallon residents -- 49% -- are renters, reflecting solid demand for rental housing in the area.

Safety

According to the Fallon Police Department's data reported to the FBI Crime Data Explorer, Fallon had a violent crime rate of 207 per 100,000 residents in 2024. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Fallon

According to Walk Score, the area around assisted properties in Fallon has a Walk Score of 23 (Car-Dependent) and a Bike Score of 40. No Transit Score is available, reflecting the limited public transit options typical of rural Nevada communities. Most errands will require a car.

Schools

According to NCES Common Core of Data, 6 schools across 2 districts serve Fallon, including 3 elementary, 1 middle, and 2 high schools. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Fallon, NV

The median household income in Fallon is $73,389 per year, according to Census ACS 5-Year estimates. The median rent across all rental housing in the city is $1,230 per month, also per Census ACS 5-Year data.

Lease Lantern tracks 1 income-restricted property in Fallon, totaling 100 assisted units. These HUD-assisted and income-based homes are designed to keep housing costs affordable for qualifying renters, typically capping rent as a percentage of household income rather than the local market rate.

Flood and Environmental Exposure

Of the 1 HUD-assisted property mapped in Fallon, none fall within a high-risk flood zone. Flood exposure appears low for affordable housing in this city.