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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 $385,338, higher than the Texas average of $322,096.
The average cost of rent is $1,745/mo in Nevada, primarily driven by the current value of real estate in the Nevada area. In Nevada, 6.55% of households rent, and 30.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nevada is $9,217 per month. Households that rent pay about 18.94% of their income on rent here. Nevada’s most expensive areas are in the northeastern 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
- Copeville, TX: higher priced homes
- Lavon, TX: higher priced homes
- Josephine, TX: less expensive homes
- Lavon Beach Estates, TX: higher priced homes
- Farmersville, TX: less expensive homes
- Fate, TX: equally priced homes
- Royse City, TX: equally priced homes
- St. Paul, TX: higher priced homes
- Wylie, TX: equally priced homes
- Floyd, TX: equally priced homes
Cities with Similar Populations
- Columbus, TX: less expensive homes
- Greendale, IN: less expensive homes
- Green Tree, PA: less expensive homes
- Grant-Valkaria, FL: higher priced homes
- Cumberland Center, ME: higher priced homes
- Culloden, WV: less expensive homes
- Culleoka, TN: equally priced homes
- Croswell, MI: less expensive homes
- Crestline, OH: less expensive homes
- Cresaptown, MD: less expensive homes
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