Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,272$15,264 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lyon County, NV
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lyon County, NV
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,070 | $12,840 | $42,800 | $20.58/hr |
| 1-Bedroom Apartment | $1,076 | $12,912 | $43,040 | $20.69/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,272 | $15,264 | $50,880 | $24.46/hr |
| 3-Bedroom Home | $1,769 | $21,228 | $70,760 | $34.02/hr |
| 4-Bedroom Home | $2,134 | $25,608 | $85,360 | $41.04/hr |
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Frequently Asked Questions About Rent in Lyon County, NV
What is the Fair Market Rent for a 2-bedroom in Lyon County, NV?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lyon County, NV is $1,272 per month ($15,264 per year).
What hourly wage is needed to afford rent in Lyon County, NV?
To comfortably afford a 2-bedroom apartment at $1,272/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $24.46 per hour ($50,880/year).
What are the HUD Fair Market Rents by bedroom count in Lyon County, NV?
Official 2026 HUD rents in Lyon County, NV are: Studio: $1,070/mo, 1-Bedroom: $1,076/mo, 2-Bedroom: $1,272/mo, 3-Bedroom: $1,769/mo, and 4-Bedroom: $2,134/mo.
How do HUD Fair Market Rents compare to local incomes in Lyon County, NV?
At the local Census ACS median household income of $80,812/year ($6,734/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Lyon County, NV?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,272/month, the required minimum annual gross income is calculated as ($1,272 × 12) ÷ 0.30 = $50,880 per year.
