HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Nevada County, California (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Nevada County is $1,885 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,885
+4.0% from FY 2026
Payment standard
$1,697–$2,074
90% to 110% of the FMR, two-bedroom
Income to afford
$75,400
a year, with rent at 30% of income
Rank in California
27th of 58
by two-bedroom FMR, highest first
FY 2027 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.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,313 | $1,182–$1,444 | $52,520 | $25.25/hr | -4.4% |
| 1 bedroom | $1,441 | $1,297–$1,585 | $57,640 | $27.71/hr | +4.3% |
| 2 bedroom | $1,885 | $1,697–$2,074 | $75,400 | $36.25/hr | +4.0% |
| 3 bedroom | $2,610 | $2,349–$2,871 | $104,400 | $50.19/hr | +3.5% |
| 4 bedroom | $3,151 | $2,836–$3,466 | $126,040 | $60.60/hr | +3.6% |
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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $3,624 | $3,262–$3,986 |
| 6 bedroom Estimate | $4,096 | $3,686–$4,506 |
| 7 bedroom Estimate | $4,569 | $4,112–$5,026 |
| 8 bedroom Estimate | $5,042 | $4,538–$5,546 |
Source: HUD Office of Policy Development and Research, FY 2027 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 $1,697 and $2,074. 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.
$1,885 a month is affordable, by HUD's 30% rule, on an income of roughly $75,400 a year. Put another way, $36 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 income | Tenant pays (30%) | Voucher pays at 90%$1,697 | Voucher pays at 100%$1,885 | Voucher pays at 110%$2,074 |
|---|---|---|---|---|
| $2,500 | $750 | $947 | $1,135 | $1,324 |
| $4,000 | $1,200 | $497 | $685 | $874 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($1,813) to FY 2027 ($1,885). Since FY 2020 it's up 43% in total, about 5.3% a year. The California median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR 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 2026 | $1,373 | $1,382 | $1,813 | $2,521 | $3,041 | +1.6% |
| FY 2027In effect | $1,313 | $1,441 | $1,885 | $2,610 | $3,151 | +4.0% |
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 2027 that's October 1, 2026 through September 30, 2027. In Nevada, that runs from $1,313 for a studio up to $3,151 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 27th for two-bedroom FMR. That's about 9% above the state median of $1,725 and about 77% above the national median county at $1,063. About 102,481 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 $1,640 in 95975 (Rough And Ready) and $2,410 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 95712 | Chicago Park | $1,890 | +0.3% |
| 95724 | Norden | $1,890 | +0.3% |
| 95728 | Soda Springs | $2,410 | +27.9% |
| 95924 | Cedar Ridge | $1,890 | +0.3% |
| 95945 | Grass Valley | $1,650 | -12.5% |
| 95946 | Penn Valley | $2,400 | +27.3% |
| 95949 | Grass Valley | $2,080 | +10.3% |
| 95959 | Nevada City | $1,970 | +4.5% |
| 95960 | North San Juan | $1,740 | -7.7% |
| 95975 | Rough And Ready | $1,640 | -13.0% |
| 95977 | Smartsville | $2,040 | +8.2% |
| 95986 | Washington | $1,970 | +4.5% |
| 96111 | Floriston | $2,320 | +23.1% |
| 96160 | Truckee | $1,890 | +0.3% |
| 96161 | Truckee | $2,410 | +27.9% |
| 96162 | Truckee | $1,890 | +0.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Nevada.
Placer County
20 mi · 419,156 people
$2,201
+17%
Sierra County
22 mi · 2,746 people
$1,526
-19%
Yuba County
29 mi · 84,507 people
$1,600
-15%
El Dorado County
35 mi · 192,662 people
$2,201
+17%
Plumas County
46 mi · 19,423 people
$1,422
-25%
Sutter County
51 mi · 98,857 people
$1,600
-15%
Butte County
53 mi · 207,929 people
$1,509
-20%
Alpine County
57 mi · 1,616 people
$1,526
-19%
Questions people ask
$1,885 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,313 for a studio, $1,441 for one bedroom, $2,610 for three and $3,151 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
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. Free to start, no card.
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