Nevada Cost of Living

Housing costs and affordability data for 17 counties.

Average Monthly Rent

$1,127/mo

Average Home Value

$300,638

Average Owner Cost

$1,021/mo

3% below national average rentExplore on Map

At a Glance

Average Monthly Rent
$1,127/mo
3% below national median
Average Home Value
$300,638
7% above national median
Avg. Monthly Owner Cost
$1,021/mo
39% below national median
Affordability Rating
Affordable
Avg. rent under 30% of income

Housing Costs in Nevada: An Overview

The median rent in Nevada is $1,127 per month, which is 3% below the national median of $1,163. This makes the state relatively affordable compared to much of the country.

Within Nevada, housing costs vary significantly by county. Douglas County is the most expensive county with a median rent of $1,545 per month and a median home value of $587,400. At the other end of the spectrum, Pershing County offers the most affordable housing, with a median rent of $667 per month and homes valued at a median of $166,200.

The average home value across Nevada counties is $300,638, 7% higher than the national median of $281,900. With a median household income of roughly $75,206, many residents find homeownership a stretch.

Before moving to Nevada, it is worth understanding the local housing landscape. Costs can swing dramatically between rural and urban counties, so researching the specific county you plan to live in is essential. Use the county-level data below to compare rent, home values, and affordability ratings so you can budget accurately for your relocation.

Distribution

Rent Distribution in Nevada

How median rents are spread across 17 counties

All Nevada Counties

CountyMedian RentHome ValueOwner CostRent/Income
Douglas County
Expensive$1,545/mo
$587,400$1,487/mo32.0%
Clark County
Expensive$1,518/mo
$400,800$1,471/mo33.0%
Washoe County
Expensive$1,507/mo
$496,600$1,582/mo30.0%
Esmeralda County
Moderate$1,319/mo
$102,500$472/mo51.0%
Lyon County
Moderate$1,259/mo
$342,600$1,319/mo29.0%
Churchill County
Moderate$1,203/mo
$298,000$1,039/mo27.0%
Carson City
Moderate$1,172/mo
$426,700$1,256/mo29.0%
Mineral County
Moderate$1,130/mo
$175,000$564/mo21.0%
Elko County
Moderate$1,126/mo
$282,400$1,170/mo22.0%
Lander County
Moderate$1,066/mo
$210,500$1,062/mo29.0%
Nye County
Moderate$1,013/mo
$266,000$874/mo28.0%
Storey County
Moderate$1,007/mo
$393,100$1,352/mo19.0%
Humboldt County
Affordable$998/mo
$256,800$1,191/mo23.0%
Eureka County
Affordable$940/mo
N/A$365/mo51.0%
White Pine County
Affordable$933/mo
$196,700$518/mo14.0%
Lincoln County
Affordable$754/mo
$208,900$734/mo27.0%
Pershing County
Affordable$667/mo
$166,200$906/mo25.0%

Compare Nevada to Other States

See how Nevada counties stack up against counties in other states. Compare rent, home values, and affordability side by side.

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Frequently Asked Questions About Nevada Housing Costs

What is the most affordable county in Nevada?
Pershing County is among the most affordable counties in Nevada with a median rent of $667 per month.
What is the most expensive county to live in Nevada?
Douglas County is among the most expensive counties in Nevada with a median rent of $1,545 per month and a median home value of $587,400.
How does Nevada's cost of living compare to the national average?
Nevada's average monthly rent of $1,127 is 3% below the national median of $1,163.
What is the average home value in Nevada?
The average home value across all Nevada counties is $300,638.
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