CostBy County

Cost of Living in Storey County, Nevada

$1,153/mo
Median Monthly Rent
$426,400
Median Home Value

At a Glance

Median Monthly Rent
$1,153/mo
1% below state average
Median Home Value
$426,400
28% above national
Census GRAPI
35.3%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Storey County Compares

Median monthly rent comparison

Storey County$1,153/mo
Nevada Average$1,169/mo
National Median$1,413/mo

Detailed Housing Stats

$1,153/mo
Median Gross Rent
$426,400
Median Home Value
$1,352/mo
Monthly Owner Cost
35.3%
Census GRAPI

National Ranking

Affordability Rank

Storey County ranks #2,646 of 3,142 counties for affordability (bottom 16%)

Most AffordableLeast Affordable

Sourced county brief

Storey County Median Home Value Exceeds 426000 Dollars

The median home value in Storey County was $426,400, which is $119,765 above the Nevada unweighted county mean of $306,635. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 35.3% for renter-occupied units. This canonical rentToIncomePct is 5.2 percentage points higher than the state unweighted county mean of 30.1%. Median gross rent was estimated at $1,153 per month, while the state unweighted county mean was $1,169. Median selected monthly owner costs for all owner-occupied units were $1,352, exceeding the state unweighted county mean of $1,040. Renter-household median income was reported at $36,167. These housing cost figures are sourced from the American Community Survey 2020-2024 5-Year Estimates. The data are provided as a snapshot under dataVersion acs5-2020-2024 and methodologyVersion cost-brief-v1. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Storey County

Affordability Verdict

ACS B25071 estimates median gross rent at 35.3% of renter household income in Storey County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,153 per month; median selected monthly owner costs are $1,352. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $46,120 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Nevada unweighted mean of county median rents is $1,169 per month. Storey County's $1,153 median is 1.4% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Storey County

$

Rent Burden

14.8%

of gross income

Max Housing (28% Rule)

$2,180

per month

Owner Cost Burden

17.4%

of gross income

The median home in Storey County may be a stretch

Median home value is $426,400. Estimated monthly cost: $3,404 vs. your max of $2,180.

Rent Affordability Guide

Your entered rent as a share of entered income14.8%
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: $93,409Needed: $46,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $93,409Needed: $57,943
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $93,409Needed: $99,235

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 Storey County, Nevada?
Storey County, Nevada has a median monthly rent of $1,153/mo and a median home value of $426,400. The affordability rating is Stretched, with median gross rent equal to approximately 35.3% of renter household income.
What is the median rent in Storey County?
The median gross rent in Storey County is $1,153/mo. This is 1% below state average for Nevada.
Is Storey County affordable?
Storey County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 35.3%. Median gross rent is 30–50% of renter household income.
How does Storey County's rent compare to the state average?
Storey County's median rent of $1,153/mo is 1% below state average of $1,169/mo for Nevada.
What is the median home value in Storey County?
The median home value in Storey County, Nevada is $426,400. This is 28% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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