Section 8 Fair Market Rent (FMR) for ZIP 89713 - 2027
Location: Carson City, NV | Metro: Carson City, NV MSA
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,050 |
| 1 Bedroom | $1,130 |
| 2 Bedrooms | $1,450 |
| 3 Bedrooms | $2,010 |
| 4 Bedrooms | $2,420 |
| 5 Bedrooms | $2,807 |
| 6 Bedrooms | $3,144 |
| 7 Bedrooms | $3,396 |
| 8 Bedrooms | $3,566 |
The ZIP code 89713, located in Nevada, represents a unique market for real estate investors, particularly those interested in Section 8 housing. This area is characterized by specific economic conditions that affect both rental and homeownership markets.
- Fair Market Rent (FMR): The Fair Market Rent for ZIP 89713 in fiscal year 2024 is set at $1360, providing a benchmark for rental prices that landlords can use to ensure their properties remain competitive and attractive to potential tenants.
- Rental Market Data: Unfortunately, current market rent data is not available for ZIP 89713, making it difficult to compare actual rents against the FMR. This lack of data suggests a less developed or smaller rental market in the area.
- Home Values: There is no available data on the median home value for ZIP 89713, indicating that detailed insights into the homeownership segment of the real estate market are limited.
- Renter Share: The percentage of residents who are renters in ZIP 89713 is also not available, which means we cannot determine the proportion of the population that relies on rental housing.
- Days on Market (DOM): The average number of days it takes for a property to be rented out is not available, suggesting either a very quick or slow rental process but without specific numbers to guide investment decisions.
- Median Income: The median income for households in ZIP 89713 is not available, which would have been useful in understanding the financial capacity of potential tenants.
In summary, while the Fair Market Rent provides a clear guideline for setting rental prices, the absence of other key data points such as current market rents, median home values, renter share, days on market, and median income makes it challenging to fully assess the investment potential of ZIP 89713. Landlords and small-portfolio investors should consider conducting additional local research to fill these informational gaps before making any investment decisions.
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.