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These days, finding an affordable place to live in the Spanish Springs area can be challenging. Home prices in Spanish Springs are now at a median cost of $638,552, higher than the Nevada average of $441,980.
The average cost of rent is $2,079/mo in Spanish Springs, primarily driven by the current value of real estate in the Spanish Springs area. In Spanish Springs, 8.68% of households rent, and 25.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spanish Springs is $11,054 per month. Households that rent pay about 18.81% of their income on rent here. Spanish Springs’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sun Valley, NV: less expensive homes
- Sparks, NV: less expensive homes
- Lemmon Valley, NV: less expensive homes
- Reno, NV: less expensive homes
- Copperfield, NV: less expensive homes
- Cold Springs, NV: less expensive homes
- Sutcliffe, NV: less expensive homes
- Verdi, NV: higher priced homes
- Wadsworth, NV: less expensive homes
- Verdi, CA: equally priced homes
Cities with Similar Populations
- Sayville, NY: equally priced homes
- King, NC: less expensive homes
- Plainville, CT: less expensive homes
- Portales, NM: less expensive homes
- Princeton, WV: less expensive homes
- Prospect Heights, IL: less expensive homes
- Quincy, FL: less expensive homes
- Rancho Mirage, CA: higher priced homes
- Riverton, WY: less expensive homes
- Russellville, AL: less expensive homes
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