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FY2017 Hypothetical Small Area FMRs For Washoe County, NV

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Washoe County is part of the Reno, NV MSA.

Washoe County, NV Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
89402 $590 $710 $930 $1,350 $1,640 1.007
89405 $590 $710 $930 $1,350 $1,640 1.007
89412 $590 $710 $930 $1,350 $1,640 1.007
89424 $590 $710 $930 $1,350 $1,640 1.007
89431 $500 $610 $790 $1,150 $1,390 0.861
89432 $590 $710 $930 $1,350 $1,640 1.007
89433 $630 $760 $990 $1,440 $1,740 1.071
89434 $670 $810 $1,050 $1,530 $1,850 1.144
89435 $590 $710 $930 $1,350 $1,640 1.007
89436 $870 $1,050 $1,370 $1,990 $2,410 1.491
89439 $760 $920 $1,200 $1,750 $2,110 1.306
89441 $880 $1,060 $1,380 $2,010 $2,430 1.721
89442 $510 $610 $800 $1,160 $1,410 0.874
89450 $590 $710 $930 $1,350 $1,640 1.007
89451 $850 $1,030 $1,340 $1,950 $2,360 1.456
89501 $430 $520 $680 $990 $1,200 0.741
89502 $490 $590 $770 $1,120 $1,360 0.840
89503 $550 $670 $870 $1,270 $1,530 0.944
89504 $590 $710 $930 $1,350 $1,640 1.007
89505 $590 $710 $930 $1,350 $1,640 1.007
89506 $660 $800 $1,040 $1,510 $1,830 1.129
89507 $590 $710 $930 $1,350 $1,640 1.007
89508 $840 $1,020 $1,330 $1,940 $2,340 1.441
89509 $550 $660 $860 $1,250 $1,520 0.932
89510 $590 $710 $930 $1,350 $1,640 1.007
89511 $660 $800 $1,040 $1,510 $1,830 1.134
89512 $490 $600 $780 $1,140 $1,370 0.843
89513 $590 $710 $930 $1,350 $1,640 1.007
89515 $590 $710 $930 $1,350 $1,640 1.007
89519 $880 $1,060 $1,380 $2,010 $2,430 1.506
89521 $880 $1,060 $1,380 $2,010 $2,430 1.590
89523 $700 $850 $1,110 $1,620 $1,960 1.207
89533 $590 $710 $930 $1,350 $1,640 1.007
89570 $590 $710 $930 $1,350 $1,640 1.007
89703 $590 $710 $930 $1,350 $1,640 1.007
89704 $670 $810 $1,060 $1,540 $1,870 1.157

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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