Housing market/Nevada/ZIP 89441

ACS 2023 · FY2027 SAFMR

ZIP 89441 Sparks, Nevada

Reno, NV HUD Metro FMR Area · Nevada. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
13,854
Households
5,124
Median HH income
$123,625
Renter share
8.8%
Median gross rent
$2,078
Vacancy
3.6%
Pop. change
+8.0%
2BR SAFMR
$2,500
SAFMR / rent
1.203×
2–49 unit stock
67
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 89441 · NV — sent to you.

ZIP 89441 · NV

ACS median rent$2,078
2BR SAFMR$2,500
90% floor$2,250
110% ceiling$2,750

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

Housing stock

ACS 2023 units-in-structure · ZCTA 89441

  • 1-unit detached4,97393.6%
  • 1-unit attached30.1%
  • 2–4 units100.2%
  • 5–49 units571.1%
  • 50+ units2144.0%
  • Mobile571.1%
TypeUnitsShare
1-unit detached4,97393.6%
1-unit attached30.1%
2 units (duplex)100.2%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units571.1%
50+ units2144.0%
Mobile571.1%

2–4 unit share 0.2% · 5–49 unit share 1.1% · combined 2–49 1.3%.

Units by bedrooms

Studio
53
1BR
114
2BR
192
3BR
2,415
4BR
1,850
5+
690

Rent burden

Rent ≥30% of income43.5%
Rent ≥50% of income28.2%
  • ACS median gross rent $2,078 (all bedrooms, occupied rentals).
  • Median contract rent $1,874.
  • Renters paying ≥30% of income 43.5%; ≥50% 28.2%.
  • FY2027 2BR SAFMR $2,500 (1.203× ACS median gross rent).

Population

13,854 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.0%.

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 813 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 89441 8.8% of occupied households are renters; vacancy is 3.6%; ACS median gross rent is $2,078; population increased +8.0% between the 2018 and 2023 ACS vintages; the housing stock includes 10 units in 2–4-unit structures and 57 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,500 versus ACS median gross rent of $2,078. 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 89441 is a Census / HUD profile for Reno, 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 89441?

ZIP 89441 (Reno, NV HUD Metro FMR Area) has 13,854 residents, 5,124 households, a renter share of 8.8%, median household income of $123,625, and ACS 2023 median gross rent of $2,078. Vacancy is 3.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 89441?

ACS counts 10 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 57 in 20–49. Combined 2–49 unit stock is 67 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 89441?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,500. See the full schedule and 90–110% payment-standard band on the ZIP 89441 — Sparks, NV HUD Section 8 Payment Standards / SAFMR.

Does this Nevada ZIP profile include Georgia listings?

No. ZIP 89441 is Census / HUD research for Reno, NV HUD Metro FMR Area. 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.