Section 8 Fair Market Rent (FMR) for ZIP 89133 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 89133 in Las Vegas-Henderson-North Las Vegas County, Nevada, presents unique challenges and opportunities for landlords and small-portfolio investors due to its incomplete data signature. Specifically, critical metrics such as the number of residents, percentage of renters, median income, and median home value are currently unavailable. This lack of detail suggests that the area is either underdeveloped or undergoing significant changes that have yet to be fully captured by standard economic indicators.

Moving to the voucher economics, the Fair Market Rent (FMR) for ZIP 89133 in fiscal year 2024 is set at $1640. While this figure provides insight into the government's assessment of rental affordability, the absence of market rent data means we cannot directly compare it to actual rental prices in the area. Typically, landlords use the FMR as a guideline for setting rents that are eligible for Section 8 vouchers, ensuring compliance with HUD standards.

The data signature for ZIP 89133 reads as transitional. Given the lack of detailed economic data, it is reasonable to infer that the area is experiencing changes that could affect its attractiveness to tenants and investors alike. Landlords and investors should remain vigilant and consider conducting their own market research to better understand the local dynamics and make informed decisions about property investments and management practices.

Data Sources: FMR data from HUD (2027).

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.