Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ely area can be challenging. Home prices in Ely are now at a median cost of $198,159, lower than the Nevada average of $321,492.
The average cost of rent is $860/mo in Ely, primarily driven by the current value of real estate in the Ely area. While nearly 45.56% of residents own their homes outright in Ely, 26.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ely is $6,671 per month. Households that rent pay about 12.89% of their income on rent here. Ely's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Ruth, NV: equally priced homes
- McGill, NV: less expensive homes
- Steptoe, NV: less expensive homes
- Preston, NV: less expensive homes
- Lund, NV: higher priced homes
- Baker, NV: less expensive homes
- Garrison, UT: equally priced homes
- Duckwater, NV: less expensive homes
- Currie, NV: less expensive homes
- Eureka, NV: equally priced homes
Cities with Similar Populations
- Allentown, NJ: higher priced homes
- Baltimore, OH: equally priced homes
- Taylor Mill, KY: equally priced homes
- Aumsville, OR: higher priced homes
- Berwick, ME: higher priced homes
- Yardville, NJ: higher priced homes
- Averill Park, NY: higher priced homes
- Summerdale, AL: higher priced homes
- North Syracuse, NY: less expensive homes
- North Sea, NY: higher priced homes
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