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Clark County/Indian Springs/89018

89018

ZIPSAFMR
Clark County, NV
Zillow

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,500$1,500
1 BR$1,640$1,640
2 BR$1,930$1,930
3 BR$2,650$2,650
4 BR$3,040$3,040
5 BR$3,496Not available
6 BR$4,020Not available
7 BR$4,623Not available
8 BR$5,317Not available

Purchase Price Calculator

Maximum purchase price
$224,881

Cost breakdown

+Likely effective rent$1,930
HUD FMRUsed$1,930
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,137
Loan amount$179,905
Down payment$44,976
Rate6.50%
Term30 years
-Operating costs-$593
Property taxes-$225
Insurance-$175
Utilities$0
HOA$0
Management-$193
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,937(68.8% ROI)
Projected value
$242,172
Return breakdown
Property appreciation+$17,291
Loan principal paid down+$6,446
Rental cash flow+$7,200
5-year hold
+$53,045(117.9% ROI)
Projected value
$254,432
Return breakdown
Property appreciation+$29,551
Loan principal paid down+$11,494
Rental cash flow+$12,000
10-year hold
+$114,374(254.3% ROI)
Projected value
$287,866
Return breakdown
Property appreciation+$62,986
Loan principal paid down+$27,388
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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ZIP 89018 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89018 (Indian Springs, NV) is $1,930 a month. That is up 22.2% from $1,580 in FY 2026. Indian Springs 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. Among 114 ZIP codes in Clark County, 89018 is tied for the 25th-highest two-bedroom rent (county range $1,570–$2,530). The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89018 is 45% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 89018
BedroomsFY 2027Change90–110% range
Studio$1,500+26.1%$1,350–$1,650
1BR$1,640+23.3%$1,476–$1,804
2BR$1,930+22.2%$1,737–$2,123
3BR$2,650+19.9%$2,385–$2,915
4BR$3,040+18.8%$2,736–$3,344

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 89018
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,500$1,640$1,930$2,650$3,040
FY 2026$1,190$1,330$1,580$2,210$2,560
FY 2025$1,100$1,240$1,480$2,090$2,460
FY 2024$950$1,100$1,320$1,870$2,220
FY 2023$770$910$1,100$1,560$1,880

Two-bedroom rent in nearby Clark County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 89018
89009$1,690−12.4%
89011$1,890−2.1%
89012$2,160+11.9%
89014$1,890−2.1%
89015$1,570−18.7%
89016$1,690−12.4%
89018Current$1,930—
89019$1,990+3.1%
89021$1,570−18.7%
89024$1,690−12.4%
89025$1,570−18.7%
89026$1,570−18.7%

Questions about ZIP 89018 rents

How much will Section 8 pay for a two-bedroom in ZIP 89018?

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 $1,930 it would be $1,737 to $2,123. 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 ZIP 89018 in?

ZIP 89018 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 ZIP 89018 for FY 2027?

The two-bedroom FMR rose 22.2%, from $1,580 in FY 2026 to $1,930 in FY 2027. Since FY 2023 it has risen 75.5%.

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

County fair market rentIndian Springs, NV fair market rentNV statewide rentsWhat is SAFMR?Data sources