FY2027 Small Area FMR · Zephyr Cove, NV
ZIP 89448 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 89448 (Zephyr Cove, NV) is $1,990 a month, up 1.5% from FY2026. That is 25% above the Douglas County, NV area-wide FMR of $1,594.
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 89448 sits in the Douglas County, NV area
Of the 10 ZIP codes HUD lists for the area, 89448 has the 2nd highest two-bedroom Small Area FMR. Douglas County, 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 $1,594 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,990 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,390 | $1,251 – $1,529 | $1,110 | $1,350 |
| 1 bedroom | $1,520 | $1,368 – $1,672 | $1,219 | $1,580 |
| 2 bedrooms | $1,990 | $1,791 – $2,189 | $1,594 | $1,960 |
| 3 bedrooms | $2,760 | $2,484 – $3,036 | $2,207 | $2,730 |
| 4 bedrooms | $3,330 | $2,997 – $3,663 | $2,664 | $3,290 |
A household renting a two-bedroom home at the Small Area FMR of $1,990 needs about $79,600 a year to keep housing costs at 30% of income. The area median family income is $111,500 and the 80% low-income limit for four people is $89,200. ZIP code 89448 lies mainly in Douglas County. See the Douglas County, NV county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 89448?
HUD's FY2027 Small Area Fair Market Rents for 89448 are $1,390 (studio), $1,520 (1 BR), $1,990 (2 BR), $2,760 (3 BR) and $3,330 (4 BR) a month.
What is the Section 8 payment standard in 89448?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 89448 that range is $1,791 to $2,189 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 89448?
The FY2026 income limits of the Douglas County, NV area apply: median family income $111,500, low-income (80%) limit $89,200 for a family of four.