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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 $154,396, lower than the Ohio average of $236,816.
The average cost of rent is $798/mo in Nevada, primarily driven by the current value of real estate in the Nevada area. In Nevada, 22.94% of households rent, and 50.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nevada is $5,668 per month. Households that rent pay about 14.08% 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
- Oceola, OH: less expensive homes
- Seal, OH: higher priced homes
- Wyandot, OH: higher priced homes
- Little Sandusky, OH: higher priced homes
- Lemert, OH: equally priced homes
- Mononcue, OH: higher priced homes
- Upper Sandusky, OH: higher priced homes
- Harpster, OH: higher priced homes
- South Park, OH: higher priced homes
- Deunquat, OH: less expensive homes
Cities with Similar Populations
- South Weare, NH: higher priced homes
- Doswell, VA: higher priced homes
- Edgeworth, PA: higher priced homes
- Gilbertown, AL: less expensive homes
- Grantham, NC: less expensive homes
- Hebron, NE: less expensive homes
- Keams Canyon, AZ: less expensive homes
- Kirtland Hills, OH: higher priced homes
- Mentha, MI: higher priced homes
- South Dayton, NY: less expensive homes
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