Nevada Fair Market Rent (FY2026)
West region · 16 HUD FMR areas
In FY2026, Nevada has 16 HUD Fair Market Rent areas with a median 2-bedroom FMR of $1,393/month. Across the state, the 2-bedroom FMR ranges from $985 (Pershing County, NV) to $1,870 (Reno, NV). That median is $418 above the national median FMR of $975, ranking Nevada #12 of 51 states (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Nevada median FMR by bedroom size
| Unit size | Median FMR (per month) |
|---|---|
| Studio / efficiency | $1,055 |
| 1-bedroom | $1,069 |
| 2-bedroom | $1,393 |
| 3-bedroom | $1,935 |
| 4-bedroom | $2,272 |
These are medians across the state's areas; an individual metro can be much higher or lower. The population-weighted average 2-bedroom FMR (weighting each area by its population) is $1,719.
Every FMR area in Nevada
| FMR area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Las Vegas-Henderson-North Las Vegas, NV | $1,333 | $1,478 | $1,735 | $2,413 | $2,764 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Detailed pages: Las Vegas-Henderson-North Las Vegas, NV.
Frequently asked questions
What is the Fair Market Rent in Nevada for FY2026?
Nevada has 16 HUD Fair Market Rent areas. The median 2-bedroom FMR across them is $1,393 per month, ranging from $985 (Pershing County, NV) to $1,870 (Reno, NV). HUD sets FMRs by metro/county, not statewide, so use the area closest to where you live. Verify at huduser.gov.
Which Nevada area has the highest and lowest FMR?
In FY2026 the highest 2-bedroom FMR in Nevada is $1,870 in Reno, NV, and the lowest is $985 in Pershing County, NV. Rents are highest in the largest metros and lowest in rural counties.
Is Nevada expensive for renters compared with other states?
Nevada's median 2-bedroom FMR of $1,393 is $418 above the national median FMR of $975 (+43%). It ranks #12 of 51 states and DC by median 2-bedroom FMR (1 = most expensive).
How does FMR relate to Section 8 vouchers in Nevada?
Public housing agencies in Nevada set Housing Choice Voucher payment standards at roughly 90–110% of the local FMR. Your subsidy covers the gap between that standard and about 30% of your adjusted income. Contact the PHA for your county for exact figures.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). State medians and ranges are computed over HUD's area-level FMRs (see methodology). FMR is the federal voucher rent standard, not the market median; verify on huduser.gov.
Last updated: 2026-06-20