Expensive
40th Percentile
Metro Area
Fair Market Rent prices in Reno-Sparks are
very high
compared to the national average.
This FMR area is more expensive
than
95%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Reno-Sparks is $930 per month.
The previous year, rent for a two-bedroom home was $875 per month.
This is a 6.29% increase year-over-year.
This FMR rate applies to Gerlach, NV, Nixon, NV, Crystal Bay, NV, Wadsworth, NV, Virginia City, NV, Verdi, NV, Washoe Valley, NV, Incline Village, NV, Carson City, NV, Sun Valley, NV and other cities within the region.
The Metro Code or CBSA code for this region is METRO39900M39900.
Additionally, This Fair Market Rent (FMR) area Reno-Sparks, NV MSA spans two counties or cities in Nevada which ares listed in the table below.
Estimated population of Reno-Sparks, NV MSA FMR area is 342,885 people based on latest Census data.
Compared to the rest of Nevada, the Reno-Sparks FMR area is
more expensive than
93% of the state.