FY2026 Fair Market Rents — Elko County
Studio
$1,055
1BR
$1,166
2BR
$1,530
3BR
$1,933
4BR
$2,567
Elko County, Nevada
FIPS 32007 · County-level FMR and income limit data
FMR Area: Elko County, NV
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 |
To afford the FY2026 2-bedroom FMR of $1,530/mo under the 30%-of-income rule, a household needs about
$61,200/yr ($5,100/mo). Area Median Income is $111,500.
At NV's state minimum wage of $12.00/hr, a worker would need to work 99 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $111,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,450 | $26,800 | $30,150 | $33,450 | $38,680 | $44,360 |
| 50% AMI | $39,050 | $44,600 | $50,200 | $55,750 | $60,250 | $64,700 |
| 80% AMI | $62,450 | $71,400 | $80,300 | $89,200 | $96,350 | $103,500 |