Nevada (NV) has the
19th highest rent in the country out of 56 states and territories. The Fair Market Rent in Nevada
ranges from
$923 for a 2-bedroom apartment in
Lincoln County, NV
to $1,585 for a 2-bedroom unit in
Reno, NV MSA.
For FY 2023, the Reno, NV MSA (Storey County) rent for a studio or efficiency is $1,060 per month and $2,700 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in Nevada is $1,166 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
Nevada is around 2,566,099 people. So, there are around 384,915 people in Nevada who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
What is Fair Market Rent?
Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Nevada.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.
Learn more
Nevada Fair Market Rent for 2023