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Clark County/Coyote Springs/89037

89037

ZIPSAFMR
Clark County, NV
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,310$1,440
1 BR$1,440$1,580
2 BR$1,690$1,860
3 BR$2,320$2,550
4 BR$2,660$2,900
5 BR$3,059Not available
6 BR$3,518Not available
7 BR$4,046Not available
8 BR$4,652Not available

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$1,690
Market rent$2,370
Est. payment standard (110%)Used$1,860
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.74
2 BR
0.71
3 BR
0.80
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 89037 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89037 (Coyote Springs, NV) is $1,690 a month. That is down 2.9% from $1,740 in FY 2026. Coyote 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, 89037 is tied for the 44th-highest two-bedroom rent (county range $1,570–$2,530). The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89037 is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 89037
BedroomsFY 2027Change90–110% range
Studio$1,310−2.2%$1,179–$1,441
1BR$1,440−2.7%$1,296–$1,584
2BR$1,690−2.9%$1,521–$1,859
3BR$2,320−4.1%$2,088–$2,552
4BR$2,660−4.0%$2,394–$2,926

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 89037
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,440$1,690$2,320$2,660
FY 2026$1,340$1,480$1,740$2,420$2,770
FY 2025$1,320$1,480$1,750$2,450$2,840
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. 89037
89028$1,6900.0%
89029$1,570−7.1%
89030$1,570−7.1%
89031$1,720+1.8%
89032$1,800+6.5%
89033$1,6900.0%
89034$2,050+21.3%
89036$1,6900.0%
89037Current$1,690—
89039$1,570−7.1%
89040$1,570−7.1%
89044$2,280+34.9%

Questions about ZIP 89037 rents

How much will Section 8 pay for a two-bedroom in ZIP 89037?

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 $1,690 it would be $1,521 to $1,859. 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 89037 in?

ZIP 89037 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 89037 for FY 2027?

The two-bedroom FMR fell 2.9%, from $1,740 in FY 2026 to $1,690 in FY 2027. Since FY 2023 it has risen 15.8%.

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

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