Nevada · FIPS 32029 · HUD FY 2027
Storey County, Nevada Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Storey County is $1,837 a month (rent plus utilities), 10% above the Nevada average of $1,672 and 4% above the U.S. average of $1,761. That is down $33 (1.8%) from FY 2026. At 30% of income, a household needs about $73,480 a year to afford it.
- $1,8372-bedroom FMR−$33 (−1.8%) vs FY 2026
- $1,4601-bedroom FMRNevada: $1,397 · U.S.: $1,478
- $73,480Income for a 2-bedroom$35/hour full-time
- 1 of 172BR rank in Nevada1 = highest rent
| Unit | Storey County FY 2027 | FY 2026 | Change | Nevada avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,279 | $1,289 | −$10 (−0.8%) | $1,272 | $1,379 | $51,160 |
| 1 bedroom | $1,460 | $1,489 | −$29 (−1.9%) | $1,397 | $1,478 | $58,400 |
| 2 bedrooms | $1,837 | $1,870 | −$33 (−1.8%) | $1,672 | $1,761 | $73,480 |
| 3 bedrooms | $2,452 | $2,539 | −$87 (−3.4%) | $2,284 | $2,266 | $98,080 |
| 4 bedrooms | $2,842 | $2,949 | −$107 (−3.6%) | $2,635 | $2,607 | $113,680 |
How Storey County compares
- HUD sets this rent for the Reno, NV metro FMR area, which covers 501,340 residents in 2 counties.
- Across Nevada, 2-bedroom FMRs run from $1,014 (Pershing County) to $1,837 (Storey County).
- Studio to 4-bedroom: $1,279, $1,460, $1,837, $2,452, $2,842. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 3 ZIP codes mostly in Storey County (by land area), the 2-bedroom figure ranges from $1,690 to $2,200.
Small Area FMRs by ZIP code in Storey County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 89434 | $1,500 | $1,710 | $2,150 | $2,870 | $3,330 | −$30 (−1.4%) | 17% above |
| 89437 | $1,170 | $1,350 | $1,690 | $2,290 | $2,660 | +$140 (+9.0%) | 8% below |
| 89440 | $1,540 | $1,750 | $2,200 | $2,940 | $3,420 | −$60 (−2.7%) | 20% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.