FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 89402
0.74ratio
FMR$1,740
Market$2,360
vs market-$620
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 89402
0.74ratio
FMR$2,180
Market$2,960
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR- 89402
0.78ratio
FMR$2,910
Market$3,750
vs market-$840
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 89402
0.65ratio
FMR$3,370
Market$5,150
vs market-$1,780
FMR is below market; voucher rent may lag private rents.
0.65
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Crystal Bay, NV fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Crystal Bay, NV is $2,180 a month. That is down 5.2% from $2,300 in FY 2026. Crystal Bay is in the Reno, NV HUD Metro FMR Area. 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 $1,837. The median county two-bedroom FMR in Nevada is $1,327, so Crystal Bay is 64% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Crystal Bay, NV
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,620
$1,560
−3.7%
$1,404–$1,716
1BR
$1,830
$1,740
−4.9%
$1,566–$1,914
2BR
$2,300
$2,180
−5.2%
$1,962–$2,398
3BR
$3,110
$2,910
−6.4%
$2,619–$3,201
4BR
$3,600
$3,370
−6.4%
$3,033–$3,707
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Crystal Bay, NV
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,560
$1,740
$2,180
$2,910
$3,370
FY 2026
$1,620
$1,830
$2,300
$3,110
$3,600
FY 2025
$1,540
$1,760
$2,200
$3,040
$3,540
FY 2024
$1,440
$1,640
$2,060
$2,890
$3,430
FY 2023
$1,400
$1,630
$2,040
$2,900
$3,460
Questions about Crystal Bay, NV rents
How much will Section 8 pay for a two-bedroom in Crystal Bay, NV?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,837, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,653 to $2,021 a month; under the ZIP-level Small Area FMR of $2,180 it would be $1,962 to $2,398. 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 Crystal Bay, NV in?
Crystal Bay, NV is in the Reno, NV HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,837.
How much did fair market rent change in Crystal Bay, NV for FY 2027?
The two-bedroom FMR fell 5.2%, from $2,300 in FY 2026 to $2,180 in FY 2027. Since FY 2023 it has risen 6.9%.
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