Official HUD Fair Market Rents for all 3 Nevada metro FMR areas. Median 3-bedroom benchmark across the state's metros: $2,384/mo. FMRs are 40th-percentile gross rents — treat them as floor benchmarks, not asking rents.
| Metro | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Carson City | $1,021 | $1,148 | $1,467 | $2,056 | $2,463 |
| Las Vegas | $1,316 | $1,476 | $1,750 | $2,452 | $2,841 |
| Reno | $1,181 | $1,370 | $1,722 | $2,384 | $2,788 |
Source: U.S. Department of Housing & Urban Development, FY2025 Fair Market Rents for Nevada metro FMR areas. Compiled by AgenticREI.ai. Free to cite with a link.
Every strategy calculator can start from these benchmarks — or paste any Nevada address into the analyzer and it pulls the property records and market rents itself, then gives you a straight BUY, NEGOTIATE, or PASS.
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