FY2027 Small Area FMR · Virginia City, NV
ZIP 89440 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 89440 (Virginia City, NV) is $2,200 a month, down 2.7% from FY2026. That is 20% above the Reno, NV area-wide FMR of $1,837.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 89440 sits in the Reno, NV area
Of the 42 ZIP codes HUD lists for the area, 89440 has the 9th highest two-bedroom Small Area FMR. Reno, NV is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,837 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,200 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,540 | $1,386 – $1,694 | $1,279 | $1,570 |
| 1 bedroom | $1,750 | $1,575 – $1,925 | $1,460 | $1,800 |
| 2 bedrooms | $2,200 | $1,980 – $2,420 | $1,837 | $2,260 |
| 3 bedrooms | $2,940 | $2,646 – $3,234 | $2,452 | $3,080 |
| 4 bedrooms | $3,420 | $3,078 – $3,762 | $2,842 | $3,590 |
A household renting a two-bedroom home at the Small Area FMR of $2,200 needs about $88,000 a year to keep housing costs at 30% of income. The area median family income is $116,800 and the 80% low-income limit for four people is $93,450. ZIP code 89440 lies mainly in Storey County. See the Reno, NV metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 89440?
HUD's FY2027 Small Area Fair Market Rents for 89440 are $1,540 (studio), $1,750 (1 BR), $2,200 (2 BR), $2,940 (3 BR) and $3,420 (4 BR) a month.
What is the Section 8 payment standard in 89440?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 89440 that range is $1,980 to $2,420 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 89440?
The FY2026 income limits of the Reno, NV area apply: median family income $116,800, low-income (80%) limit $93,450 for a family of four.