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HUD Fair Market Rent · FY 2026 · Effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Nevada County, California (FY 2026)

HUD's FY 2026 Fair Market Rent for a two-bedroom in Nevada County is $1,813 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.

Two-bedroom FMR

$1,813

+1.6% from FY 2025

Payment standard

$1,632–$1,994

90% to 110% of the FMR, two-bedroom

Income to afford

$72,520

a year, with rent at 30% of income

Rank in California

25th of 58

by two-bedroom FMR, highest first

FY 2027

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Nevada moves to $1,885. That's up 4%. The full FY 2027 table is in the history section below.

FY 2026 Fair Market Rents

Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$1,373$1,236–$1,510$54,920$26.40/hr+1.6%
1 bedroom$1,382$1,244–$1,520$55,280$26.58/hr+1.5%
2 bedroom$1,813$1,632–$1,994$72,520$34.87/hr+1.6%
3 bedroom$2,521$2,269–$2,773$100,840$48.48/hr+0.8%
4 bedroom$3,041$2,737–$3,345$121,640$58.48/hr+1.5%
Five to eight bedrooms (PropMetrics estimates)

HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$3,497$3,147–$3,847
6 bedroom Estimate$3,953$3,558–$4,348
7 bedroom Estimate$4,409$3,968–$4,850
8 bedroom Estimate$4,866$4,379–$5,353

Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov

Market check

HUD's number is one input. What does a two-bedroom in Nevada actually rent for?

Search any address in Nevada for a rent estimate built from nearby comps, with the HUD figure right next to it.

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What a voucher pays here

The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Nevada somewhere between $1,632 and $1,994. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.

$1,813 a month is affordable, by HUD's 30% rule, on an income of roughly $72,520 a year. Put another way, $35 an hour full time.

Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.

Monthly household incomeTenant pays (30%)Voucher pays at 90%$1,632Voucher pays at 100%$1,813Voucher pays at 110%$1,994
$2,500$750$882$1,063$1,244
$4,000$1,200$432$613$794
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went up 2% from FY 2025 ($1,785) to FY 2026 ($1,813). Since FY 2020 it's up 38% in total, about 5.5% a year. The California median moved up 9% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$856$998$1,314$1,896$2,052—
FY 2021$884$1,013$1,335$1,911$2,052+1.6%
FY 2022$921$993$1,307$1,857$2,037-2.1%
FY 2023$1,047$1,054$1,387$1,971$2,257+6.1%
FY 2024$1,209$1,217$1,596$2,249$2,708+15.1%
FY 2025$1,352$1,361$1,785$2,501$2,997+11.8%
FY 2026In effect$1,373$1,382$1,813$2,521$3,041+1.6%
FY 2027From Oct 1, 2026$1,313$1,441$1,885$2,610$3,151+4.0%

Get FY 2028 Nevada County rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

About this rate

Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Nevada, that runs from $1,373 for a studio up to $3,041 for four bedrooms, all five rates in the table above.

Because Nevada sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Truckee included.

Among California's 58 counties, Nevada ranks 25th for two-bedroom FMR. That's about 7% above the state median of $1,687 and about 78% above the national median county at $1,018. About 102,322 people live here, 36th in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,610 in 95945 (Grass Valley) and $2,420 in 95728 (Soda Springs), with the 16 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.

ZIPCity2BR ratevs county
95712Chicago Park$1,810-0.2%
95724Norden$2,030+12.0%
95728Soda Springs$2,420+33.5%
95924Cedar Ridge$1,810-0.2%
95945Grass Valley$1,610-11.2%
95946Penn Valley$2,320+28.0%
95949Grass Valley$2,010+10.9%
95959Nevada City$1,920+5.9%
95960North San Juan$1,720-5.1%
95975Rough And Ready$1,610-11.2%
95977Smartsville$1,970+8.7%
95986Washington$1,920+5.9%
96111Floriston$2,360+30.2%
96160Truckee$1,810-0.2%
96161Truckee$2,420+33.5%
96162Truckee$1,810-0.2%

Nearby counties

Two-bedroom FMR, with how each compares to Nevada.

Questions people ask

$1,813 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,373 for a studio, $1,382 for one bedroom, $2,521 for three and $3,041 for four.

What does a rental in Nevada actually go for?

HUD's number is one input. Search any address in Nevada for a rent estimate built from nearby comps. 3 free searches, no card.

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