Cost of Living in Eureka County, Nevada

$940/mo
Median Monthly Rent

At a Glance

Median Monthly Rent
$940/mo
17% below state average
Median Home Value
N/A
Rent-to-Income Ratio
51.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Eureka County Compares

Median monthly rent comparison

Eureka County$940/mo
Nevada Average$1,127/mo
National Median$1,163/mo

Detailed Housing Stats

$940/mo
Median Gross Rent
N/A
Median Home Value
$365/mo
Monthly Owner Cost
51.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Eureka County ranks #2,097 of 3,144 counties for affordability (bottom 33%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Eureka County, Nevada

Eureka offers rural Nevada's best deal

Eureka County's 15.4% rent-to-income ratio is the lowest among Nevada's populated counties and well below the state average of 18.1%. With a median household income of $73,095 and median rent of just $940 monthly, renters here dedicate only about 15 cents of every dollar earned to housing.

Second-most affordable in Nevada

Eureka County ranks as Nevada's second-most affordable county by rent-to-income ratio at 15.4%, trailing only Elko County's 16.2%. Its median rent of $940 is the lowest statewide, reflecting a tiny population and minimal rental competition in this historic mining region.

Smallest rent bills in rural Nevada

Eureka's $940 median rent is $186 below Carson City and $263 below Churchill County, making it Nevada's cheapest rental market. Owner costs of just $365 monthly are extraordinarily low, though the unavailable median home value suggests limited market data for this county of fewer than 1,500 residents.

Minimal housing burden statewide

Renters allocate a mere 15.4% of their $73,095 income to a $940 monthly rent—the most favorable ratio in Nevada's populated counties. Homeowners pay just 6% of income ($365/month) toward housing, reflecting a county where rural affordability reaches its apex.

Eureka for resilient remote workers

Eureka County delivers Nevada's best housing affordability for those capable of thriving in extreme isolation, with rent and mortgage costs far below state norms. If you're a fully remote worker seeking maximum housing savings and don't require urban amenities, Eureka's 15.4% rent ratio offers unparalleled relief.

Cost of Living Advisory: Eureka County

Affordability Verdict

Eureka County is affordable for renters, with a median gross rent of $940/month representing approximately 15.4% of median household income. The rent burden (GRAPI) stands at 51.0%.

Rent vs. Own

At $940/month rent versus $365/month in owner costs, owning is roughly $575/month cheaper — a 61% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,600/year. For owner costs at the 28% rule, the required income is roughly $15,643/year. With a median household income of $73,095, most households can comfortably afford rent here. Notably, 51.0% of renter households in Eureka County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Nevada, Eureka County is less affordable than Humboldt County by roughly 6% ($940/mo vs $998/mo).

Affordability Calculator

See how your income compares to housing costs in Eureka County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,706

per month

Owner Cost Burden

6.0%

of gross income

Rent Affordability Guide

Your rent-to-income ratio15.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $73,095Needed: $37,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $73,095Needed: $15,643
Mortgage Affordability

N/A

Data unavailable

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Eureka County, Nevada?
Eureka County, Nevada has a median monthly rent of $940/mo and a median home value of N/A. The affordability rating is Unaffordable, with rent making up approximately 51.0% of median household income.
What is the median rent in Eureka County?
The median gross rent in Eureka County is $940/mo. This is 17% below state average for Nevada.
Is Eureka County affordable?
Eureka County is rated Unaffordable based on rent-to-income ratio of 51.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Eureka County's rent compare to the state average?
Eureka County's median rent of $940/mo is 17% below state average of $1,127/mo for Nevada.
What is the median home value in Eureka County?
The median home value in Eureka County, Nevada is N/A.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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