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ZIP Code · NV

ZIP 89406

Part of Fallon, NV
Pop. 25,739·Churchill County·48th most expensive ZIP in Nevada
Median rent (all units)
$1,716/mo
Year-over-Year
+43.8%
Month-over-Month
+13.1%
vs US Median
-$249
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 89406 · $1,716
More affordable than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,080
2 BR
$1,420
3 BR
$1,970
4 BR+
$2,170
Research median
$1,420/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$20,592/yr
At $1,716/mo median
Location
CityFallon
StateNV
CountyChurchill County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 43.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+43.8% YoY, +13.1% MoM), not inventory.
Demographics

Who lives here

ZIP 89406 (Fallon, NV) is majority owner-occupied, has a large retiree population, 17.7% of residents hold a bachelor's degree or higher.

Population
25,739
Median income
$79,163
Median age
40.5
Renters
30.1%
Age distribution
22.8%
21.1%
22.8%
13.1%
20.2%
Under 1822.8%
18–3421.1%
35–5422.8%
55–6413.1%
65+20.2%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
74.3%
15.2%
White74.3%
Black2.5%
Hispanic15.2%
Asian2.4%
Other5.7%
Education (25+)
34.8%
39.4%
17.7%
No HS diploma8.1%
HS diploma34.8%
Some college39.4%
Bachelor's+17.7%
Housing tenure
69.9%
30.1%
Owner69.9%
Renter30.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 89406 in Fallon, NV has changed in 5 years

Income
$61,776 → $79,163
up 28.1%
Population
24,973 → 25,739
up 3.1%
Renter share
32.5% → 30.1%
-2.4 pts
Bachelor's+
18.9% → 17.7%
-1.2 pts

Census figures show median household income at $79,163 today, compared with $61,776 five years earlier. The population has grown by 3.1% since 2021, moving from about 24,973 residents to roughly 25,739. Renters now make up 30.1% of households, compared with 32.5% five years ago.

Community

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Local insights

Tips for renters in ZIP 89406

About renting in ZIP 89406

Last updated: June 22, 2026

ZIP code 89406 covers Fallon, NV. The median rent here is $1,716/mo as of June 2026. A 1-bedroom rents for a median of $1,080/mo. A 2-bedroom rents for a median of $1,420/mo.

At 26% of local median household income ($79,163/yr), ZIP 89406 ranks as affordable compared to the national benchmark of 30%. Rents have increased 43.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89406?

As of June 22, 2026, the median monthly rent in ZIP 89406 (Fallon, NV) is $1,716. This is based on aggregated data from public sources and community submissions.

How does ZIP 89406 rent compare to the US average?

ZIP 89406's median rent of $1,716/mo is $249 (13%) below the US national median of $1,965/mo.

How does ZIP 89406 compare to other ZIPs in Nevada?

ZIP 89406 falls in the middle range for Nevada, ranking #48 out of 79 ZIPs at $1,716/mo.

How much income do you need to rent in ZIP 89406?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,716/mo in ZIP 89406. The local median household income is $79,163/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 89406?

Rent in ZIP 89406 has increased 43.8% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 89406 an affordable place to rent?

ZIP 89406 is considered affordable for renters. At $1,716/mo, rent takes approximately 26% of the local median household income ($79,163/yr). The standard benchmark is 30%. ZIP 89406 falls comfortably within that range.

What percentage of ZIP 89406 residents rent vs. own?

According to Census data, approximately 30.1% of ZIP 89406 households are renters, while 69.9% are owner-occupied. ZIP 89406 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 89406 compare to the rest of Fallon?

ZIP 89406 sits right at the Fallon citywide median of $1,716/mo.

When was rent data for ZIP 89406 last updated?

Rent data for ZIP 89406 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,716/mo, rent takes ~26% of ZIP 89406's median household income ($79,163/yr). The standard benchmark is 30%.

ZIP 89406 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 89406 (Fallon, NV)

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