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Clark County/Las Vegas/89179

89179

ZIPSAFMR
Clark County, NV
Zillow

ZIP Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$1,790$1,790
1 BR$1,960$1,960
2 BR$2,300$2,300
3 BR$3,160$3,160
4 BR$3,620$3,620
5 BR$4,163Not available
6 BR$4,787Not available
7 BR$5,506Not available
8 BR$6,331Not available

Purchase Price Calculator

Maximum purchase price
$279,863

Cost breakdown

+Likely effective rent$2,300
HUD FMRUsed$2,300
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,415
Loan amount$223,890
Down payment$55,973
Rate6.50%
Term30 years
-Operating costs-$685
Property taxes-$280
Insurance-$175
Utilities$0
HOA$0
Management-$230
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,740(65.6% ROI)
Projected value
$301,381
Return breakdown
Property appreciation+$21,519
Loan principal paid down+$8,021
Rental cash flow+$7,200
5-year hold
+$63,081(112.7% ROI)
Projected value
$316,639
Return breakdown
Property appreciation+$36,776
Loan principal paid down+$14,304
Rental cash flow+$12,000
10-year hold
+$136,470(243.8% ROI)
Projected value
$358,248
Return breakdown
Property appreciation+$78,385
Loan principal paid down+$34,085
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 89179 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 89179 (Las Vegas, NV) is $2,300 a month. That is down 4.2% from $2,400 in FY 2026. Las Vegas 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, 89179 has the 7th-highest two-bedroom rent (county range $1,570–$2,530). The median county two-bedroom FMR in Nevada is $1,327, so ZIP 89179 is 73% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 89179
BedroomsFY 2027Change90–110% range
Studio$1,790−2.7%$1,611–$1,969
1BR$1,960−3.9%$1,764–$2,156
2BR$2,300−4.2%$2,070–$2,530
3BR$3,160−5.4%$2,844–$3,476
4BR$3,620−5.2%$3,258–$3,982

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 89179
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,790$1,960$2,300$3,160$3,620
FY 2026$1,840$2,040$2,400$3,340$3,820
FY 2025$1,840$2,070$2,450$3,430$3,980
FY 2024$1,720$1,950$2,330$3,280$3,870
FY 2023$1,460$1,690$2,030$2,890$3,430

Two-bedroom rent in nearby Clark County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 89179
89165$1,690−26.5%
89166$1,920−16.5%
89169$1,570−31.7%
89170$1,690−26.5%
89173$1,690−26.5%
89178$2,190−4.8%
89179Current$2,300—
89180$1,690−26.5%
89183$1,900−17.4%
89191$1,570−31.7%
89193$1,690−26.5%
89195$1,690−26.5%

Questions about ZIP 89179 rents

How much will Section 8 pay for a two-bedroom in ZIP 89179?

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 $2,300 it would be $2,070 to $2,530. 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 89179 in?

ZIP 89179 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 89179 for FY 2027?

The two-bedroom FMR fell 4.2%, from $2,400 in FY 2026 to $2,300 in FY 2027. Since FY 2023 it has risen 13.3%.

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