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Affordable
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These days, finding an affordable place to live in the Middlegate area can be challenging. Home prices in Middlegate are now at a median cost of $297,600, lower than the Nevada average of $441,980.
The average cost of rent is $1,694/mo in Middlegate, primarily driven by the current value of real estate in the Middlegate area. In Middlegate, 38.97% of households rent, and 69.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Middlegate is $6,626 per month. Households that rent pay about 25.56% of their income on rent here. Middlegate’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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