Housing market/Nevada/ZIP 89166

ACS 2023 · FY2027 SAFMR

ZIP 89166 Las Vegas, Nevada

Las Vegas-Henderson-North Las Vegas, NV MSA · Nevada. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
30,206
Households
10,363
Median HH income
$106,060
Renter share
28.5%
Median gross rent
$1,757
Vacancy
2.7%
Pop. change
+35.9%
2BR SAFMR
$1,920
SAFMR / rent
1.093×
2–49 unit stock
1,346
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 89166 · NV — sent to you.

ZIP 89166 · NV

ACS median rent$1,757
2BR SAFMR$1,920
90% floor$1,728
110% ceiling$2,112

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 89166

  • 1-unit detached8,75082.2%
  • 1-unit attached1771.7%
  • 2–4 units1341.3%
  • 5–49 units1,21211.4%
  • 50+ units3613.4%
  • Mobile90.1%
TypeUnitsShare
1-unit detached8,75082.2%
1-unit attached1771.7%
2 units (duplex)70.1%
3–4 units1271.2%
5–9 units1771.7%
10–19 units6416.0%
20–49 units3943.7%
50+ units3613.4%
Mobile90.1%

2–4 unit share 1.3% · 5–49 unit share 11.4% · combined 2–49 12.6%.

Units by bedrooms

Studio
89
1BR
908
2BR
1,022
3BR
5,045
4BR
3,094
5+
492

Rent burden

Rent ≥30% of income45.7%
Rent ≥50% of income23.3%
  • ACS median gross rent $1,757 (all bedrooms, occupied rentals).
  • Median contract rent $1,594.
  • Renters paying ≥30% of income 45.7%; ≥50% 23.3%.
  • FY2027 2BR SAFMR $1,920 (1.093× ACS median gross rent).

Population

30,206 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +35.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,540 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 89166 28.5% of occupied households are renters; vacancy is 2.7%; ACS median gross rent is $1,757; population increased +35.9% between the 2018 and 2023 ACS vintages; the housing stock includes 134 units in 2–4-unit structures and 1,212 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,920 versus ACS median gross rent of $1,757. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Nevada research

ZIP 89166 is a Census / HUD profile for Las Vegas-Henderson-North Las Vegas, NV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Nevada research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 89166?

ZIP 89166 (Las Vegas-Henderson-North Las Vegas, NV MSA) has 30,206 residents, 10,363 households, a renter share of 28.5%, median household income of $106,060, and ACS 2023 median gross rent of $1,757. Vacancy is 2.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 89166?

ACS counts 7 units in 2-unit buildings, 127 in 3–4 unit buildings, 177 in 5–9, 641 in 10–19, and 394 in 20–49. Combined 2–49 unit stock is 1,346 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 89166?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,920. See the full schedule and 90–110% payment-standard band on the ZIP 89166 — Las Vegas, NV HUD Section 8 Payment Standards / SAFMR.

Does this Nevada ZIP profile include Georgia listings?

No. ZIP 89166 is Census / HUD research for Las Vegas-Henderson-North Las Vegas, NV MSA. Jeff Crowe CRE does not list Nevada property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.