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FY 2025 FINAL State Minimum Rent Calculation for Nevada

For FINAL FY 2025, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for Nevada. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of Nevada is 290,139, and half of the nonmetropolitan population of Nevada is 145,070.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of Nevada are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 145,070. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$975 Pershing County 6,585 6,585
$1,017 Lincoln County 4,505 11,090
$1,108 Lander County 5,730 16,820
$1,150 Nye County 51,700 68,520
$1,223 Humboldt County 17,265 85,785
$1,249 Lyon County 59,435 145,220
$1,258 White Pine County 8,995 154,215
$1,298 Churchill County 25,410 179,625
$1,320 Eureka County, Mineral County 6,409 186,034
$1,441 Elko County 53,600 239,634
$1,464 Douglas County 49,475 289,109
$1,635 Esmeralda County 1,030 290,139

State Minimum Rent Determination

The Nevada State Nonmetropolitan Median FMR is $1,249. Because it is greater than the U.S. Nonmetropolitan Median FMR of $933, the Nevada State Minimum 2-Bedroom FMR is set at $933.

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