Location: Pershing County, NV | Metro: Pershing County, NV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
The ZIP code 89418, located in Washoe County, Nevada, has a unique set of characteristics that make it stand out among other areas. With only 522 residents, it is one of the smallest ZIP codes in terms of population size. Despite its small size, 17.1% of the residents are renters, indicating a significant portion of the population relies on rental housing. The median income for the area is $38,590, which is relatively low compared to national averages.
Regarding Section 8 vouchers, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,120. This figure represents the maximum amount that landlords can receive through the voucher program. However, the median home value and market rent for ZIP 89418 are currently unavailable, making it difficult to assess the financial impact of these vouchers on local rental properties. Landlords should be aware of the FMR as it directly influences the rent they can charge for Section 8 tenants.
The data signature for ZIP 89418 suggests a transitional environment. The low median income and high percentage of renters indicate potential economic challenges and opportunities for affordable housing. Landlords and small-portfolio investors must closely monitor local trends and government policies related to housing assistance programs to ensure their investments remain profitable and aligned with community needs.
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.