Location: White Pine County, NV | Metro: White Pine County, NV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,550 |
| 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)
To determine if you should invest in ZIP code 89319 for Section 8 properties, follow this decision tree:
1) Does the Fair Market Rent (FMR) of $1,270 cover your debt service on a property?
2) Is the market rent above, at, or below the FMR?
3) Are the rental demand metrics sufficient?
The data shows that while the FMR of $1,270 could potentially cover your debt service, the lack of rental demand in ZIP 89319 makes it an unsuitable location for acquiring Section 8 properties. The combination of zero percent of renters and an undefined DOM suggests a market that is either saturated or has very limited interest in rentals, making it difficult to attract and retain Section 8 tenants.
In conclusion, based on the available data, the answer to whether you should buy in ZIP 89319 for Section 8 purposes is No. Insufficient demand and unclear market conditions do not support a positive investment outcome.
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.