FY2026 Fair Market Rents — Elko County, NV
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,055
1BR
$1,166
2BR
$1,530
3BR
$1,933
4BR
$2,567
Hours/week at min wage
99 hrs
to afford the 2BR FMR @ $12.00/hr (NV)
YoY change (2BR)
+6.2%
+$89 vs FY2025 · 5-yr +51.9%
Voucher payment standard
$1,377–$1,683
PHAs set HCV payment at 90–110% of the 2BR FMR
Elko County, NV
Non-Metropolitan area · NV · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,055 | $12,660 |
| 1-Bedroom | $1,166 | $13,992 |
| 2-Bedroom | $1,530 | $18,360 |
| 3-Bedroom | $1,933 | $23,196 |
| 4-Bedroom | $2,567 | $30,804 |
Recent 2-Bedroom FMR Trend
FY2020 $961 → FY2026 $1,530
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,055 | $1,166 | $1,530 | $1,933 | $2,567 |
| FY2025 | $988 | $1,098 | $1,441 | $1,821 | $2,420 |
| FY2024 | $973 | $1,092 | $1,435 | $1,880 | $2,134 |
| FY2023 | $869 | $991 | $1,300 | $1,749 | $1,822 |
| FY2022 | $785 | $911 | $1,182 | $1,626 | $1,679 |
| FY2021 | $664 | $795 | $1,007 | $1,441 | $1,485 |
| FY2020 | $626 | $746 | $961 | $1,386 | $1,420 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $111,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $23,450 | $26,800 | $30,150 | $33,450 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $39,050 | $44,600 | $50,200 | $55,750 | $60,250 | $64,700 |
| 80% AMI (Low) | $62,450 | $71,400 | $80,300 | $89,200 | $96,350 | $103,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$18,360/yr
FMR as % of Area Median Income
16.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$61,200/yr
$5,100/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 | $975 | $1,115 | $1,254 | $1,505 | $1,616 |
| 60% AMI Maximum | $1,170 | $1,338 | $1,505 | $1,806 | $1,940 |
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 | $1,055 | $1,166 | $1,530 | $1,811 | $1,811 |
| Low HOME Rent | $976 | $1,115 | $1,255 | $1,393 | $1,506 |
Compare Elko County, NV With Other NV Metros
vs. Carson City, NV MSA
vs. Las Vegas-Henderson-Paradise, NV MSA
vs. Lyon County, NV HUD Metro FMR Area
vs. Reno, NV MSA