FY2027 Small Area FMR · Incline Village, NV
ZIP 89450 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 89450 (Incline Village, NV) is $2,350 a month, down 4.1% from FY2026. That is 28% 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 89450 sits in the Reno, NV area
Of the 42 ZIP codes HUD lists for the area, 89450 has the 5th 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 $2,350 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,640 | $1,476 – $1,804 | $1,279 | $1,690 |
| 1 bedroom | $1,870 | $1,683 – $2,057 | $1,460 | $1,950 |
| 2 bedrooms | $2,350 | $2,115 – $2,585 | $1,837 | $2,450 |
| 3 bedrooms | $3,140 | $2,826 – $3,454 | $2,452 | $3,330 |
| 4 bedrooms | $3,640 | $3,276 – $4,004 | $2,842 | $3,860 |
A household renting a two-bedroom home at the Small Area FMR of $2,350 needs about $94,000 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 89450 lies mainly in Washoe 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 89450?
HUD's FY2027 Small Area Fair Market Rents for 89450 are $1,640 (studio), $1,870 (1 BR), $2,350 (2 BR), $3,140 (3 BR) and $3,640 (4 BR) a month.
What is the Section 8 payment standard in 89450?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 89450 that range is $2,115 to $2,585 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 89450?
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.