Location: White Pine County, NV | Metro: White Pine County, NV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,570 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,320. Given that the median home value and market data for ZIP 89317 are not directly available, we can infer from broader county-level data that the housing stock in this area is likely to be relatively affordable. The median home value for White Pine County, NV, stands at $199,000, which suggests that property values are lower compared to many urban areas.
ZIP 89317 can serve as a reliable cash-flow anchor because the rental assistance provided by Section 8 will closely align with the actual market rents. This alignment helps ensure that landlords receive consistent and predictable income from their rental properties, minimizing the risk of vacancy or non-payment. Additionally, the median income in the area is $26,210, indicating that there is a significant need for affordable housing options, which Section 8 can help meet.
While appreciation plays and diversifiers have their merits, ZIP 89317 lacks the robust growth potential seen in other markets. The lack of recent data on price-cut shares and days on market (DOM) makes it difficult to assess its performance as an appreciation play. Similarly, with a renter share of just 0.0%, it does not offer significant diversification benefits.
In conclusion, ZIP 89317 is well-suited as a cash-flow anchor in a Section 8 portfolio due to its alignment with FMR and the high demand for affordable housing. Landlords and small-portfolio investors can expect steady returns with minimal risk of vacancy, making it a valuable addition to their investment strategies.
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.