FY2027 Small Area FMR · Reno, NV

ZIP 89521 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 89521 (Reno, NV) is $2,500 a month, down 3.5% from FY2026. That is 36% above the Reno, NV area-wide FMR of $1,837.

2-bedroom SAFMR$2,500per month ▼ 3.5%

Area-wide 2 BR FMR$1,837Reno, NV

Rank in the area1stof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,250

2 BR Small Area FMR$2,500

110% of SAFMR$2,750

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,740▼ 2.8%

1 BR$1,990▼ 3.4%

2 BR$2,500▼ 3.5%

3 BR$3,340▼ 5.1%

4 BR$3,870▼ 5.1%

FY2027 FY2026

Where 89521 sits in the Reno, NV area

Of the 42 ZIP codes HUD lists for the area, 89521 has the 1st 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 $2,500 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,740	$1,566 – $1,914	$1,279	$1,790
1 bedroom	$1,990	$1,791 – $2,189	$1,460	$2,060
2 bedrooms	$2,500	$2,250 – $2,750	$1,837	$2,590
3 bedrooms	$3,340	$3,006 – $3,674	$2,452	$3,520
4 bedrooms	$3,870	$3,483 – $4,257	$2,842	$4,080

A household renting a two-bedroom home at the Small Area FMR of $2,500 needs about $100,000 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 89521 lies mainly in Washoe County and Storey County. See the Reno, NV metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
89440	Virginia City	6.4 mi	$2,200
89502	Reno	7.8 mi	$1,690
89428	Silver City	9.1 mi	$1,520
89511	Reno	9.9 mi	$2,210
89509	Reno	10.6 mi	$1,820
89704	Washoe Valley	10.7 mi	$1,690

Questions

What is the Fair Market Rent for ZIP code 89521?

HUD's FY2027 Small Area Fair Market Rents for 89521 are $1,740 (studio), $1,990 (1 BR), $2,500 (2 BR), $3,340 (3 BR) and $3,870 (4 BR) a month.

What is the Section 8 payment standard in 89521?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 89521 that range is $2,250 to $2,750 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 89521?

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.