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These days, finding an affordable place to live in the Sparks area can be challenging. Home prices in Sparks are now at a median cost of $484,121, higher than the Nevada average of $441,980.
The average cost of rent is $1,961/mo in Sparks, primarily driven by the current value of real estate in the Sparks area. In Sparks, 39.16% of households rent, and 31.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sparks is $8,313 per month. Households that rent pay about 23.59% of their income on rent here. Sparks’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
- Reno, NV: higher priced homes
- Spanish Springs, NV: higher priced homes
- Lemmon Valley, NV: less expensive homes
- Copperfield, NV: higher priced homes
- Verdi, NV: higher priced homes
- Cold Springs, NV: equally priced homes
- Verdi, CA: higher priced homes
- Virginia City, NV: equally priced homes
- Floriston, CA: higher priced homes
Cities with Similar Populations
- Pflugerville, TX: less expensive homes
- Petaluma, CA: higher priced homes
- Philadelphia, PA: less expensive homes
- Perris, CA: equally priced homes
- Pharr, TX: less expensive homes
- Metairie, LA: less expensive homes
- Mooresville, NC: equally priced homes
- Maryville, TN: less expensive homes
- Monroe, LA: less expensive homes
- Milwaukee, WI: less expensive homes
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