Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fernley area can be challenging. Home prices in Fernley are now at a median cost of $266,560, lower than the Nevada average of $321,492.
The average cost of rent is $1,234/mo in Fernley, primarily driven by the current value of real estate in the Fernley area. While nearly 27.57% of residents own their homes outright in Fernley, 25.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fernley is $6,268 per month. Households that rent pay about 19.69% of their income on rent here. Fernley's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Wadsworth, NV: equally priced homes
- Hazen, NV: equally priced homes
- Silver Springs, NV: less expensive homes
- Nixon, NV: less expensive homes
- Stagecoach, NV: equally priced homes
- Fallon, NV: less expensive homes
- Spanish Springs, NV: higher priced homes
- Sparks, NV: higher priced homes
- Sutcliffe, NV: higher priced homes
- Dayton, NV: higher priced homes
Cities with Similar Populations
- Louisville, CO: higher priced homes
- Kilgore, TX: less expensive homes
- King George, VA: higher priced homes
- Laguna Beach, CA: higher priced homes
- Lakeside, VA: less expensive homes
- Latham, NY: equally priced homes
- Latrobe, PA: less expensive homes
- Lebanon, MO: less expensive homes
- Leesburg, GA: less expensive homes
- Lemont, IL: higher priced homes
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