
Affordable
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These days, finding an affordable place to live in the Nevada area can be challenging. Home prices in Nevada are now at a median cost of $193,286, lower than the Iowa average of $226,062.
The average cost of rent is $980/mo in Nevada, primarily driven by the current value of real estate in the Nevada area. In Nevada, 25.82% of households rent, and 47.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nevada is $7,101 per month. Households that rent pay about 13.80% of their income on rent here. Nevada’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shipley, IA: equally priced homes
- Napier, IA: higher priced homes
- Iowa Center, IA: higher priced homes
- Colo, IA: less expensive homes
- Cambridge, IA: higher priced homes
- Ames, IA: higher priced homes
- McCallsburg, IA: higher priced homes
- Maxwell, IA: higher priced homes
- Roland, IA: equally priced homes
- Huxley, IA: higher priced homes
Cities with Similar Populations
- Devon, PA: higher priced homes
- Du Quoin, IL: less expensive homes
- Doylestown, OH: higher priced homes
- Douglas, WY: higher priced homes
- Douglas, MA: higher priced homes
- Dorr, MI: higher priced homes
- Dormont, PA: higher priced homes
- Dora, AL: less expensive homes
- Dock Junction, GA: less expensive homes
- Dobson, NC: less expensive homes
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