FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 89815
0.85ratio
FMR$1,300
Market$1,530
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR- 89815
0.95ratio
FMR$1,710
Market$1,800
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 89815
1.02ratio
FMR$2,160
Market$2,110
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.02
4 BR
4 BR- 89815
1.20ratio
FMR$2,860
Market$2,380
vs market+$480
FMR is above market; underwrite to market rent.
1.20
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
--
Spring Creek, NV fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Spring Creek, NV is $1,710 a month. That is down 9.5% from $1,890 in FY 2026. Spring Creek is in the Elko County, NV non-metropolitan 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 county-wide two-bedroom FMR of $1,400. The median county two-bedroom FMR in Nevada is $1,327, so Spring Creek is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Spring Creek, NV
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,300
$1,220
−6.2%
$1,098–$1,342
1BR
$1,440
$1,300
−9.7%
$1,170–$1,430
2BR
$1,890
$1,710
−9.5%
$1,539–$1,881
3BR
$2,390
$2,160
−9.6%
$1,944–$2,376
4BR
$3,170
$2,860
−9.8%
$2,574–$3,146
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Spring Creek, NV
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,220
$1,300
$1,710
$2,160
$2,860
FY 2026
$1,300
$1,440
$1,890
$2,390
$3,170
FY 2025
$1,280
$1,430
$1,870
$2,360
$3,140
FY 2024area FMR
$973
$1,092
$1,435
$1,880
$2,134
FY 2023area FMR
$869
$991
$1,300
$1,749
$1,822
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Spring Creek, NV rents
How much will Section 8 pay for a two-bedroom in Spring Creek, NV?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,400, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,260 to $1,540 a month; under the ZIP-level Small Area FMR of $1,710 it would be $1,539 to $1,881. 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 Spring Creek, NV in?
Spring Creek, NV is in the Elko County, NV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,400.
How much did fair market rent change in Spring Creek, NV for FY 2027?
The two-bedroom FMR fell 9.5%, from $1,890 in FY 2026 to $1,710 in FY 2027. Since FY 2025 it has fallen 8.6%.
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