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Clark County/Mesquite/89034

89034

ZIPSAFMR
Clark County, NV
Zillow

ZIP Investment Score

40Below average

095130300
BRFMR
Eff. Rent
0 BR$1,590$1,100
1 BR$1,740$1,300
2 BR$2,050$1,490
3 BR$2,820$1,900
4 BR$3,220$2,060
5 BR$3,703Not available
6 BR$4,258Not available
7 BR$4,897Not available
8 BR$5,632Not available

Purchase Price Calculator

Maximum purchase price
$159,497

Cost breakdown

+Likely effective rent$1,490
HUD FMR$2,050
Market rentUsed$1,490
Est. payment standard (90%)$1,850
-Principal and interest-$807
Loan amount$127,598
Down payment$31,899
Rate6.50%
Term30 years
-Operating costs-$483
Property taxes-$159
Insurance-$175
Utilities$0
HOA$0
Management-$149
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,035(75.3% ROI)
Projected value
$171,761
Return breakdown
Property appreciation+$12,264
Loan principal paid down+$4,572
Rental cash flow+$7,200
5-year hold
+$41,111(128.9% ROI)
Projected value
$180,456
Return breakdown
Property appreciation+$20,959
Loan principal paid down+$8,152
Rental cash flow+$12,000
10-year hold
+$88,098(276.2% ROI)
Projected value
$204,170
Return breakdown
Property appreciation+$44,673
Loan principal paid down+$19,425
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.45
1 BR
1.34
2 BR
1.38
3 BR
1.48
4 BR
1.56
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 89034 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89034 (Mesquite, NV) is $2,050 a month. That is down 5.1% from $2,160 in FY 2026. Mesquite 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, 89034 has the 16th-highest two-bedroom rent (county range $1,570–$2,530). The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89034 is 54% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 89034
BedroomsFY 2027Change90–110% range
Studio$1,590−4.2%$1,431–$1,749
1BR$1,740−5.4%$1,566–$1,914
2BR$2,050−5.1%$1,845–$2,255
3BR$2,820−6.0%$2,538–$3,102
4BR$3,220−6.4%$2,898–$3,542

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 89034
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,590$1,740$2,050$2,820$3,220
FY 2026$1,660$1,840$2,160$3,000$3,440
FY 2025$1,680$1,880$2,230$3,120$3,620
FY 2024$1,210$1,370$1,640$2,310$2,730
FY 2023$1,050$1,210$1,460$2,070$2,470

Two-bedroom rent in nearby Clark County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 89034
89027$1,570−23.4%
89028$1,690−17.6%
89029$1,570−23.4%
89030$1,570−23.4%
89031$1,720−16.1%
89032$1,800−12.2%
89033$1,690−17.6%
89034Current$2,050—
89036$1,690−17.6%
89037$1,690−17.6%
89039$1,570−23.4%
89040$1,570−23.4%

Questions about ZIP 89034 rents

How much will Section 8 pay for a two-bedroom in ZIP 89034?

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 $2,050 it would be $1,845 to $2,255. 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 89034 in?

ZIP 89034 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 89034 for FY 2027?

The two-bedroom FMR fell 5.1%, from $2,160 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 40.4%.

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 rentMesquite, NV fair market rentNV statewide rentsWhat is SAFMR?Data sources