FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR
0.82ratio
FMR$1,435
Market$1,750
vs market-$315
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR
0.93ratio
FMR$1,686
Market$1,810
vs market-$124
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR
1.19ratio
FMR$2,317
Market$1,940
vs market+$377
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR
0.99ratio
FMR$2,652
Market$2,670
vs market-$18
FMR is near market; voucher and private rents are aligned.
0.99
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
--
ZIP 89155 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 89155 (Las Vegas, NV) is $1,686 a month. That is down 2.8% from $1,735 in FY 2026. Las Vegas is in the Las Vegas-Henderson-North Las Vegas, NV MSA. The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89155 is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 89155
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,333
$1,310
−1.7%
$1,179–$1,441
1BR
$1,478
$1,435
−2.9%
$1,292–$1,579
2BR
$1,735
$1,686
−2.8%
$1,517–$1,855
3BR
$2,413
$2,317
−4.0%
$2,085–$2,549
4BR
$2,764
$2,652
−4.1%
$2,387–$2,917
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 89155
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,310
$1,435
$1,686
$2,317
$2,652
FY 2026
$1,333
$1,478
$1,735
$2,413
$2,764
FY 2025
$1,316
$1,476
$1,750
$2,452
$2,841
FY 2024
$1,214
$1,377
$1,643
$2,315
$2,731
FY 2023
$1,046
$1,212
$1,457
$2,071
$2,464
Questions about ZIP 89155 rents
How much will Section 8 pay for a two-bedroom in ZIP 89155?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,686, that basic range is $1,517 to $1,855 a month. 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 89155 in?
ZIP 89155 is in the Las Vegas-Henderson-North Las Vegas, NV MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 89155 for FY 2027?
The two-bedroom FMR fell 2.8%, from $1,735 in FY 2026 to $1,686 in FY 2027. Since FY 2023 it has risen 15.7%.
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 Fair Market Rents. 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