89402
ZIPSAFMR
Washoe County, NV
BRFMR
Eff. Rent
0 BR$1,620$1,770
1 BR$1,830$2,010
2 BR$2,300$2,530
3 BR$3,110$3,420
4 BR$3,600$3,960
5 BR$4,140
6 BR$4,761
7 BR$5,475
8 BR$6,296

Purchase Price Calculator

Maximum purchase price
$314,040

Cost breakdown

+Likely effective rent$2,530
HUD FMR$2,300
Market rent$2,960
Est. payment standard (110%)Used$2,530
Estimated payment standard is $2,530 (110% of FMR).
-Principal and interest-$1,588
Loan amount$251,232
Down payment$62,808
Rate6.50%
Term30 years
-Operating costs-$742
Property taxes-$314
Insurance-$175
Utilities$0
HOA$0
Management-$253
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,348(64.2% ROI)
Projected value
$338,187
Current value$314,040
Return breakdown
Property appreciation+$24,147
Loan principal paid down+$9,001
Rental cash flow+$7,200
5-year hold
+$69,319(110.4% ROI)
Projected value
$355,308
Current value$314,040
Return breakdown
Property appreciation+$41,267
Loan principal paid down+$16,051
Rental cash flow+$12,000
10-year hold
+$150,205(239.1% ROI)
Projected value
$401,998
Current value$314,040
Return breakdown
Property appreciation+$87,958
Loan principal paid down+$38,247
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.88ratio
FMR$1,620
Market$1,850
vs market-$230

FMR is below market; voucher rent may lag private rents.

90% standard$1,458 / 0.79 ratio110% standard$1,782 / 0.96 ratio
0.88
1 BR
1 BR
0.78ratio
FMR$1,830
Market$2,360
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$1,647 / 0.70 ratio110% standard$2,013 / 0.85 ratio
0.78
2 BR
2 BR
0.78ratio
FMR$2,300
Market$2,960
vs market-$660

FMR is below market; voucher rent may lag private rents.

90% standard$2,070 / 0.70 ratio110% standard$2,530 / 0.85 ratio
0.78
3 BR
3 BR
0.83ratio
FMR$3,110
Market$3,750
vs market-$640

FMR is below market; voucher rent may lag private rents.

90% standard$2,799 / 0.75 ratio110% standard$3,421 / 0.91 ratio
0.83
4 BR
4 BR
0.70ratio
FMR$3,600
Market$5,150
vs market-$1,550

FMR is below market; voucher rent may lag private rents.

90% standard$3,240 / 0.63 ratio110% standard$3,960 / 0.77 ratio
0.70
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 89402 (NV) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

89402 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 89402 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,300 and the 4 bedroom fair market rent is $3,600.

Use this page for searches like 89402 FMR, 89402 fair market rent, and 89402 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 89402
Bedroom sizeHUD FMR
Studio$1,620
1 bedroom$1,830
2 bedroom$2,300
3 bedroom$3,110
4 bedroom$3,600