FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 75173
0.96ratio
FMR$1,360
Market$1,420
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 75173
0.99ratio
FMR$1,600
Market$1,620
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 75173
1.01ratio
FMR$2,010
Market$1,990
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 75173
1.07ratio
FMR$2,560
Market$2,400
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.07
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
--
Nevada, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nevada, TX is $1,600 a month. That is down 7.0% from $1,720 in FY 2026. Nevada is in the Dallas, TX HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Texas is $1,105, so Nevada is 45% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nevada, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,410
$1,320
−6.4%
$1,188–$1,452
1BR
$1,470
$1,360
−7.5%
$1,224–$1,496
2BR
$1,720
$1,600
−7.0%
$1,440–$1,760
3BR
$2,170
$2,010
−7.4%
$1,809–$2,211
4BR
$2,750
$2,560
−6.9%
$2,304–$2,816
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nevada, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,320
$1,360
$1,600
$2,010
$2,560
FY 2026
$1,410
$1,470
$1,720
$2,170
$2,750
FY 2025
$1,390
$1,460
$1,710
$2,140
$2,750
FY 2024
$1,310
$1,370
$1,610
$2,030
$2,610
FY 2023
$1,180
$1,250
$1,470
$1,850
$2,420
Questions about Nevada, TX rents
How much will Section 8 pay for a two-bedroom in Nevada, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,600, that basic range is $1,440 to $1,760 a month. 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 Nevada, TX in?
Nevada, TX is in the Dallas, TX HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Nevada, TX for FY 2027?
The two-bedroom FMR fell 7.0%, from $1,720 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 8.8%.
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