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Nye County/Pahrump/89061

89061

ZIPSAFMR
Nye County, NV
Zillow

ZIP Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$1,290$1,370
1 BR$1,340$1,350
2 BR$1,690$1,500
3 BR$2,340$1,820
4 BR$2,820$1,980
5 BR$3,243Not available
6 BR$3,729Not available
7 BR$4,289Not available
8 BR$4,932Not available

Purchase Price Calculator

Maximum purchase price
$160,983

Cost breakdown

+Likely effective rent$1,500
HUD FMR$1,690
Market rentUsed$1,500
Est. payment standard (93%)$1,570
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.91
1 BR
0.99
2 BR
1.13
3 BR
1.29
4 BR
1.42
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 89061 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89061 (Pahrump, NV) is $1,690 a month. That is down 6.6% from $1,810 in FY 2026. Pahrump is in the Nye 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 $1,149. Among 11 ZIP codes in Nye County, 89061 has the highest two-bedroom rent (county range $1,100–$1,690). The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89061 is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 89061
BedroomsFY 2027Change90–110% range
Studio$1,290−6.5%$1,161–$1,419
1BR$1,340−9.5%$1,206–$1,474
2BR$1,690−6.6%$1,521–$1,859
3BR$2,340−6.8%$2,106–$2,574
4BR$2,820−7.2%$2,538–$3,102

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 89061
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,290$1,340$1,690$2,340$2,820
FY 2026$1,380$1,480$1,810$2,510$3,040
FY 2025$1,210$1,370$1,660$2,280$2,620
FY 2024area FMR$779$919$1,146$1,553$1,755
FY 2023area FMR$713$810$1,066$1,402$1,542

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Nye County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 89061
89003$1,150−32.0%
89020$1,100−34.9%
89022$1,130−33.1%
89023$1,150−32.0%
89041$1,150−32.0%
89045$1,130−33.1%
89048$1,230−27.2%
89049$1,340−20.7%
89060$1,370−18.9%
89061Current$1,690—
89409$1,150−32.0%

Questions about ZIP 89061 rents

How much will Section 8 pay for a two-bedroom in ZIP 89061?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,149, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,034 to $1,264 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 89061 in?

ZIP 89061 is in the Nye County, NV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,149.

How much did fair market rent change in ZIP 89061 for FY 2027?

The two-bedroom FMR fell 6.6%, from $1,810 in FY 2026 to $1,690 in FY 2027. Since FY 2025 it has risen 1.8%.

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