Metro FMR area · NV · HUD FY 2027
Reno, NV Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Reno, NV area is $1,837 a month, 10% above the Nevada average and 4% above the U.S. average of $1,761. ZIP-level Small Area FMRs for its 42 ZIP codes range from $1,690 to $2,500.
- $1,8372-bedroom FMR−$33 (−1.8%) vs FY 2026
- $1,4601-bedroom FMRU.S.: $1,478
- $73,480Income for a 2-bedroomat 30% of income
- 501,340Residents2 counties
| Unit | Reno, NV FY 2027 | FY 2026 | Change | Nevada avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,279 | $1,289 | −$10 (−0.8%) | $1,272 | $1,379 | $51,160 |
| 1 bedroom | $1,460 | $1,489 | −$29 (−1.9%) | $1,397 | $1,478 | $58,400 |
| 2 bedrooms | $1,837 | $1,870 | −$33 (−1.8%) | $1,672 | $1,761 | $73,480 |
| 3 bedrooms | $2,452 | $2,539 | −$87 (−3.4%) | $2,284 | $2,266 | $98,080 |
| 4 bedrooms | $2,842 | $2,949 | −$107 (−3.6%) | $2,635 | $2,607 | $113,680 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Storey County, NV | 4,140 |
| Washoe County, NV | 497,200 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,840.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 89402 | $1,560 | $1,740 | $2,180 | $2,910 | $3,370 | −$120 (−5.2%) | 19% above |
| 89403 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89405 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89412 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89424 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89431 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$110 (+7.0%) | 8% below |
| 89432 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89433 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89434 | $1,500 | $1,710 | $2,150 | $2,870 | $3,330 | −$30 (−1.4%) | 17% above |
| 89435 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89436 | $1,660 | $1,900 | $2,390 | $3,190 | $3,700 | −$70 (−2.8%) | 30% above |
| 89437 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89439 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89440 | $1,540 | $1,750 | $2,200 | $2,940 | $3,420 | −$60 (−2.7%) | 20% above |
| 89441 | $1,720 | $1,990 | $2,500 | $3,390 | $3,940 | −$270 (−9.7%) | 36% above |
| 89442 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89450 | $1,640 | $1,870 | $2,350 | $3,140 | $3,640 | −$100 (−4.1%) | 28% above |
| 89451 | $1,640 | $1,870 | $2,350 | $3,140 | $3,640 | −$100 (−4.1%) | 28% above |
| 89501 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89502 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$70 (+4.3%) | 8% below |
| 89503 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$10 (+0.6%) | 8% below |
| 89504 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89505 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89506 | $1,460 | $1,660 | $2,090 | $2,790 | $3,230 | no change | 14% above |
| 89507 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89508 | $1,640 | $1,870 | $2,350 | $3,140 | $3,640 | −$30 (−1.3%) | 28% above |
| 89509 | $1,270 | $1,450 | $1,820 | $2,430 | $2,820 | −$50 (−2.7%) | 1% below |
| 89510 | $1,400 | $1,600 | $2,010 | $2,690 | $3,110 | −$90 (−4.3%) | 9% above |
| 89511 | $1,540 | $1,760 | $2,210 | $2,950 | $3,420 | −$80 (−3.5%) | 20% above |
| 89512 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | −$10 (−0.6%) | 8% below |
| 89513 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89515 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89519 | $1,660 | $1,900 | $2,390 | $3,190 | $3,700 | −$120 (−4.8%) | 30% above |
| 89521 | $1,740 | $1,990 | $2,500 | $3,340 | $3,870 | −$90 (−3.5%) | 36% above |
| 89523 | $1,360 | $1,560 | $1,960 | $2,620 | $3,030 | −$80 (−3.9%) | 7% above |
| 89533 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89557 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$50 (+3.0%) | 8% below |
| 89570 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89595 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89599 | $1,280 | $1,460 | $1,840 | $2,460 | $2,850 | −$30 (−1.6%) | about the same as |
| 89703 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89704 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.