FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR
0.82ratio
FMR$1,440
Market$1,750
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR
0.93ratio
FMR$1,690
Market$1,810
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR
1.20ratio
FMR$2,320
Market$1,940
vs market+$380
FMR is above market; underwrite to market rent.
1.20
4 BR
4 BR
1.00ratio
FMR$2,660
Market$2,670
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
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
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ZIP 89070 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89070 (Indian Springs, NV) is $1,690 a month. That is down 2.9% from $1,740 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, 89070 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 89070 is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 89070
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,310
−2.2%
$1,179–$1,441
1BR
$1,480
$1,440
−2.7%
$1,296–$1,584
2BR
$1,740
$1,690
−2.9%
$1,521–$1,859
3BR
$2,420
$2,320
−4.1%
$2,088–$2,552
4BR
$2,770
$2,660
−4.0%
$2,394–$2,926
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 89070
Fiscal year
Studio
1BR
2BR
3BR
4BR
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 2023area FMR
$1,046
$1,212
$1,457
$2,071
$2,464
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 89070?
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 89070 in?
ZIP 89070 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 89070 for FY 2027?
The two-bedroom FMR fell 2.9%, from $1,740 in FY 2026 to $1,690 in FY 2027. Since FY 2024 it has risen 3.0%.
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