
Home Price Key
These days, finding an affordable place to live in the Nevada City area can be challenging. Home prices in Nevada City are now at a median cost of $541,142, lower than the California average of $648,235.
The average cost of rent is $1,830/mo in Nevada City, primarily driven by the current value of real estate in the Nevada City area. While nearly 41.53% of residents own their homes outright in Nevada City, 19.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nevada City is $6,429 per month. Households that rent pay about 28.46% of their income on rent here. Nevada City's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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