Location: Las Vegas-Henderson-North Las Vegas, NV | Metro: Las Vegas-Henderson-North Las Vegas, NV MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,200 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,570 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,490 |
| 5 Bedrooms | $2,888 |
| 6 Bedrooms | $3,235 |
| 7 Bedrooms | $3,494 |
| 8 Bedrooms | $3,669 |
U.S. Census Bureau data (2024)
ZIP code 89026, located in Reno, Nevada, is a bustling suburban area with a mix of residential and commercial properties. The region is known for its affordable living costs and proximity to urban amenities, making it an attractive location for both residents and investors.
Despite the gaps in data, the established Fair Market Rent at $1640 suggests that rental properties priced around this figure will attract tenants who qualify under Section 8 guidelines. However, the absence of market rent, median home value, and other key metrics limits our ability to provide a full picture of the investment potential. Landlords and small-portfolio investors should focus on properties that align with the FMR while keeping an eye out for additional data points as they become available to make informed decisions about pricing and occupancy rates.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.