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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 $157,855, lower than the Missouri average of $246,641.
The average cost of rent is $698/mo in Nevada, primarily driven by the current value of real estate in the Nevada area. In Nevada, 34.98% of households rent, and 48.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nevada is $4,396 per month. Households that rent pay about 15.89% of their income on rent here. Nevada’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Horton, MO: equally priced homes
- Moundville, MO: less expensive homes
- Milo, MO: higher priced homes
- Deerfield, MO: less expensive homes
- Walker, MO: equally priced homes
- Metz, MO: equally priced homes
- Richards, MO: equally priced homes
- Eve, MO: less expensive homes
- Dederick, MO: equally priced homes
- Montevallo, MO: higher priced homes
Cities with Similar Populations
- Falling Waters, WV: higher priced homes
- Swannanoa, NC: higher priced homes
- Supply, NC: higher priced homes
- Succasunna, NJ: higher priced homes
- Finksburg, MD: higher priced homes
- Fife, WA: higher priced homes
- Felton, DE: higher priced homes
- Farmingdale, NY: higher priced homes
- Farmersville, CA: higher priced homes
- Fallston, MD: higher priced homes
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