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Nevada · FIPS 32031 · HUD FY 2027

Washoe County, Nevada Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Washoe County is $1,837 a month (rent plus utilities), 10% above the Nevada average of $1,672 and 4% above the U.S. average of $1,761. That is down $33 (1.8%) from FY 2026. At 30% of income, a household needs about $73,480 a year to afford it.

  • $1,8372-bedroom FMR−$33 (−1.8%) vs FY 2026
  • $1,4601-bedroom FMRNevada: $1,397 · U.S.: $1,478
  • $73,480Income for a 2-bedroom$35/hour full-time
  • 1 of 172BR rank in Nevada1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,837/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Washoe County FMR$1,837$73,480–
Nevada average$1,672$66,871–
U.S. average$1,761$70,432–
Washoe County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitWashoe County FY 2027FY 2026ChangeNevada avgU.S. avgIncome 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

How Washoe County compares

  • HUD sets this rent for the Reno, NV metro FMR area, which covers 501,340 residents in 2 counties.
  • Across Nevada, 2-bedroom FMRs run from $1,014 (Pershing County) to $1,837 (Storey County).
  • Studio to 4-bedroom: $1,279, $1,460, $1,837, $2,452, $2,842. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 26 ZIP codes mostly in Washoe County (by land area), the 2-bedroom figure ranges from $1,690 to $2,500.

Small Area FMRs by ZIP code in Washoe County

FY 2027 Small Area Fair Market Rents, ZIP codes in Washoe County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
89402$1,560$1,740$2,180$2,910$3,370−$120 (−5.2%)19% above
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
89433$1,170$1,350$1,690$2,290$2,660+$140 (+9.0%)8% below
89436$1,660$1,900$2,390$3,190$3,700−$70 (−2.8%)30% above
89439$1,170$1,350$1,690$2,290$2,660+$140 (+9.0%)8% below
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
89506$1,460$1,660$2,090$2,790$3,230no change14% above
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
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
89557$1,170$1,350$1,690$2,290$2,660+$50 (+3.0%)8% below
89704$1,170$1,350$1,690$2,290$2,660+$140 (+9.0%)8% below

Sources

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.

All Nevada counties · How HUD sets these rents