What is the Fair Market Rent for a 2-bedroom in Las Vegas-Henderson-Paradise, NV MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Las Vegas-Henderson-Paradise, NV MSA is $1,735 per month for fiscal year 2026. The studio FMR is $1,333, 1-bedroom is $1,478, 3-bedroom is $2,413, and 4-bedroom is $2,764.

What income do you need to afford the FMR in Las Vegas-Henderson-Paradise, NV MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $69,400 per year ($5,783 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,735 in Las Vegas-Henderson-Paradise, NV MSA.

FY2026 Fair Market Rents — Las Vegas-Henderson-Paradise, NV MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,333

1BR

$1,478

2BR

$1,735

3BR

$2,413

4BR

$2,764

Hours/week at min wage

112 hrs

to afford the 2BR FMR @ $12.00/hr (NV)

National rank

#119

of 661 U.S. metros (top 19% most expensive)

YoY change (2BR)

-0.9%

$15 vs FY2025 · 5-yr +51.8%

Voucher payment standard

$1,562–$1,909

PHAs set HCV payment at 90–110% of the 2BR FMR

Las Vegas-Henderson-Paradise, NV MSA

Metropolitan area · NV · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,333	$15,996
1-Bedroom	$1,478	$17,736
2-Bedroom	$1,735	$20,820
3-Bedroom	$2,413	$28,956
4-Bedroom	$2,764	$33,168

Recent 2-Bedroom FMR Trend

FY2020 $1,080 → FY2026 $1,735

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,333	$1,478	$1,735	$2,413	$2,764
FY2025	$1,316	$1,476	$1,750	$2,452	$2,841
FY2024	$1,214	$1,377	$1,643	$2,315	$2,731
FY2023	$1,046	$1,212	$1,457	$2,071	$2,464
FY2022	$848	$1,005	$1,216	$1,727	$2,081
FY2021	$780	$937	$1,143	$1,636	$1,977
FY2020	$728	$877	$1,080	$1,558	$1,882

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $98,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$22,200	$25,350	$28,500	$33,000	$38,680	$44,360
50% AMI (Very Low)	$36,950	$42,200	$47,500	$52,750	$57,000	$61,200
80% AMI (Low)	$59,100	$67,550	$76,000	$84,400	$91,200	$97,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$20,820/yr

FMR as % of Area Median Income

21.2% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$69,400/yr

$5,783/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$859	$982	$1,104	$1,325	$1,423
60% AMI Maximum	$1,031	$1,178	$1,325	$1,590	$1,708

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,333	$1,478	$1,595	$1,595	$1,595
Low HOME Rent	$923	$1,055	$1,187	$1,318	$1,425

Compare Las Vegas-Henderson-Paradise, NV MSA With Other NV Metros

vs. Carson City, NV MSA vs. Lyon County, NV HUD Metro FMR Area vs. Reno, NV MSA

Counties in This FMR Area

Clark County