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NV/Clark County/Blue Diamond

Blue Diamond, NV

CitySAFMR
Clark County
Found 1 ZIP

City Median Investment Score

97Above average

095130300
BRFMR
Eff. Rent
0 BR$1,970$1,970
1 BR$2,150$2,150
2 BR$2,530$2,530
3 BR$3,480$3,480
4 BR$3,980$3,980
5 BR$4,577Not available
6 BR$5,264Not available
7 BR$6,053Not available
8 BR$6,961Not available

Purchase Price Calculator

Maximum purchase price
$314,040

Cost breakdown

+Likely effective rent$2,530
HUD FMRUsed$2,530
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,588
Loan amount$251,232
Down payment$62,808
Rate6.50%
Term30 years
-Operating costs-$742
Property taxes-$314
Insurance-$175
Utilities$0
HOA$0
Management-$253
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,348(64.2% ROI)
Projected value
$338,187
Return breakdown
Property appreciation+$24,147
Loan principal paid down+$9,001
Rental cash flow+$7,200
5-year hold
+$69,319(110.4% ROI)
Projected value
$355,308
Return breakdown
Property appreciation+$41,267
Loan principal paid down+$16,051
Rental cash flow+$12,000
10-year hold
+$150,205(239.1% ROI)
Projected value
$401,998
Return breakdown
Property appreciation+$87,958
Loan principal paid down+$38,247
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Blue Diamond, NV fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Blue Diamond, NV is $2,530 a month. That is down 2.7% from $2,600 in FY 2026. Blue Diamond is in the Las Vegas-Henderson-North Las Vegas, NV MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,686. The median county two-bedroom FMR in Nevada is $1,327, so Blue Diamond is 91% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Blue Diamond, NV
BedroomsFY 2027Change90–110% range
Studio$1,970−1.5%$1,773–$2,167
1BR$2,150−2.7%$1,935–$2,365
2BR$2,530−2.7%$2,277–$2,783
3BR$3,480−3.9%$3,132–$3,828
4BR$3,980−3.9%$3,582–$4,378

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Blue Diamond, NV
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,970$2,150$2,530$3,480$3,980
FY 2026$2,000$2,210$2,600$3,620$4,140
FY 2025$1,980$2,220$2,630$3,690$4,270
FY 2024$1,310$1,490$1,770$2,500$2,950
FY 2023$1,140$1,330$1,600$2,270$2,700

Questions about Blue Diamond, NV rents

How much will Section 8 pay for a two-bedroom in Blue Diamond, NV?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,686, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,517 to $1,855 a month; under the ZIP-level Small Area FMR of $2,530 it would be $2,277 to $2,783. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Blue Diamond, NV in?

Blue Diamond, NV is in the Las Vegas-Henderson-North Las Vegas, NV MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,686.

How much did fair market rent change in Blue Diamond, NV for FY 2027?

The two-bedroom FMR fell 2.7%, from $2,600 in FY 2026 to $2,530 in FY 2027. Since FY 2023 it has risen 58.1%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set