What is the Fair Market Rent for a 2-bedroom in Lyon County, NV HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Lyon County, NV HUD Metro FMR Area is $1,272 per month for fiscal year 2026. The studio FMR is $1,070, 1-bedroom is $1,076, 3-bedroom is $1,769, and 4-bedroom is $2,134.

What income do you need to afford the FMR in Lyon County, NV HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $50,880 per year ($4,240 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,272 in Lyon County, NV HUD Metro FMR Area.

FY2026 Fair Market Rents — Lyon County, NV HUD Metro FMR Area

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

Studio

$1,070

1BR

$1,076

2BR

$1,272

3BR

$1,769

4BR

$2,134

Hours/week at min wage

82 hrs

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

National rank

#304

of 661 U.S. metros (top 47% most expensive)

Voucher payment standard

$1,145–$1,399

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

Lyon County, NV HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,070	$12,840
1-Bedroom	$1,076	$12,912
2-Bedroom	$1,272	$15,264
3-Bedroom	$1,769	$21,228
4-Bedroom	$2,134	$25,608

FY2026 Income Limits

Area Median Income (AMI): $97,800

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$21,850	$25,000	$28,100	$33,000	$38,680	$44,360
50% AMI (Very Low)	$36,400	$41,600	$46,800	$52,000	$56,200	$60,350
80% AMI (Low)	$58,250	$66,600	$74,900	$83,200	$89,900	$96,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$15,264/yr

FMR as % of Area Median Income

15.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$50,880/yr

$4,240/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	$855	$978	$1,100	$1,320	$1,418
60% AMI Maximum	$1,026	$1,173	$1,320	$1,584	$1,701

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	$1,070	$1,076	$1,272	$1,589	$1,589
Low HOME Rent	$910	$1,040	$1,170	$1,300	$1,405

Compare Lyon County, NV HUD Metro FMR Area With Other NV Metros

vs. Carson City, NV MSA vs. Las Vegas-Henderson-Paradise, NV MSA vs. Reno, NV MSA

Counties in This FMR Area

Lyon County