Location: Humboldt County, NV | Metro: Humboldt County, NV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
U.S. Census Bureau data (2024)
The ZIP code 89426, located in Humboldt County, NV, presents itself as a diversifier within a Section 8 portfolio strategy. This area has a median income of $124,271, indicating a relatively affluent community. However, with an 11.9% renter share, there is still a significant portion of the population who rely on rental properties.
In contrast to the metro Fair Market Rent (FMR) of $1,320 for FY 2026, the median home value in ZIP 89426 is notably higher, making it less suitable as a cash-flow anchor. The recent median sale price of a home in this ZIP code was $303K, which represents a substantial increase of 111.9% since last year. This rapid appreciation suggests that while it may not be the most stable option for immediate cash flow, it offers potential for long-term appreciation.
Furthermore, the high median income implies that tenants may have better financial stability, reducing the risk of default on rental payments. Given these factors, ZIP 89426 is best suited as a diversifier in a Section 8 portfolio, offering a mix of moderate rental income and the potential for capital appreciation.
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.