HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Elko County, Nevada (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Elko County is $1,530 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,530
FY 2026, utilities included
Payment standard range
$1,377 to $1,683
90% to 110% of FMR
Income to afford 2BR
$61,200
per year, at 30% of income
Rank in Nevada
6th of 17
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Elko moves to $1,400. That's down 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Elko actually rent for?
Search any address in Elko for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $1,055 | $950 to $1,161 | $42,200 | $20.29/hr | +6.8% |
| 1 bedroom | $1,166 | $1,049 to $1,283 | $46,640 | $22.42/hr | +6.2% |
| 2 bedroom | $1,530 | $1,377 to $1,683 | $61,200 | $29.42/hr | +6.2% |
| 3 bedroom | $1,933 | $1,740 to $2,126 | $77,320 | $37.17/hr | +6.2% |
| 4 bedroom | $2,567 | $2,310 to $2,824 | $102,680 | $49.37/hr | +6.1% |
5 to 8 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 | $2,952 | $2,657 to $3,247 |
| 6 bedroom Estimate | $3,337 | $3,003 to $3,671 |
| 7 bedroom Estimate | $3,722 | $3,350 to $4,094 |
| 8 bedroom Estimate | $4,107 | $3,696 to $4,518 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 Elko, that runs from $1,055 for a studio up to $2,567 for four bedrooms, all five rates in the table above.
Because Elko 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, Elko included.
Among Nevada's 17 counties, Elko ranks 6th for two-bedroom FMR. That's about 10% above the state median of $1,393 and about 50% above the national median county at $1,018. About 53,600 people live here, 5th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,300 in 89825 (Jackpot) and $1,890 in 89815 (Spring Creek), with the 15 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 |
|---|---|---|---|
| 89801 | Elko | $1,550 | +1.3% |
| 89802 | Elko | $1,530County rate | — |
| 89803 | Elko | $1,530 | 0.0% |
| 89815 | Spring Creek | $1,890 | +23.5% |
| 89822 | Carlin | $1,520 | -0.7% |
| 89823 | Deeth | $1,500 | -2.0% |
| 89825 | Jackpot | $1,300 | -15.0% |
| 89826 | Jarbidge | $1,530 | 0.0% |
| 89828 | Lamoille | $1,530 | 0.0% |
| 89830 | Montello | $1,300 | -15.0% |
| 89831 | Mountain City | $1,550 | +1.3% |
| 89832 | Owyhee | $1,660 | +8.5% |
| 89833 | Ruby Valley | $1,530 | 0.0% |
| 89834 | Tuscarora | $1,550 | +1.3% |
| 89835 | Wells | $1,450 | -5.2% |
| 89883 | West Wendover | $1,300 | -15.0% |
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 Elko somewhere between $1,377 and $1,683. 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.
$1,530 a month is affordable, by HUD's 30% rule, on an income of roughly $61,200 a year. Put another way, $29 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,377) | HAP at 100% ($1,530) | HAP at 110% ($1,683) |
|---|---|---|---|---|
| $2,500 | $750 | $627 | $780 | $933 |
| $4,000 | $1,200 | $177 | $330 | $483 |
Rate history
The two-bedroom rate went up 6% from FY 2025 ($1,441) to FY 2026 ($1,530). Since FY 2020 it's up 59% in total, about 8.1% a year. The Nevada median moved up 6% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $626 | $746 | $961 | $1,386 | $1,420 | — |
| FY 2021 | $664 | $795 | $1,007 | $1,441 | $1,485 | +4.8% |
| FY 2022 | $785 | $911 | $1,182 | $1,626 | $1,679 | +17.4% |
| FY 2023 | $869 | $991 | $1,300 | $1,749 | $1,822 | +10.0% |
| FY 2024 | $973 | $1,092 | $1,435 | $1,880 | $2,134 | +10.4% |
| FY 2025 | $988 | $1,098 | $1,441 | $1,821 | $2,420 | +0.4% |
| FY 2026 | $1,055 | $1,166 | $1,530 | $1,933 | $2,567 | +6.2% |
| FY 2027 | $1,045 | $1,070 | $1,400 | $1,842 | $2,340 | -8.5% |
Nearby counties
Eureka County
$1,39391 mi · pop 1,622
Lander County
$1,236113 mi · pop 5,728
Humboldt County
$1,312123 mi · pop 17,266
White Pine County
$1,315140 mi · pop 8,997
Pershing County
$985159 mi · pop 6,587
Churchill County
$1,421212 mi · pop 25,409
Mineral County
$1,393238 mi · pop 4,568
Lincoln County
$1,095244 mi · pop 4,507
Questions people ask
$1,530 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,055 for a studio, $1,166 for one bedroom, $1,933 for three and $2,567 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Elko actually go for?
HUD's number is one input. Search any address in Elko for a rent estimate built from nearby comps. 3 free searches, no card.
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