Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tonopah area can be challenging. Home prices in Tonopah are now at a median cost of $153,508, lower than the Nevada average of $321,492.
The average cost of rent is $717/mo in Tonopah, primarily driven by the current value of real estate in the Tonopah area. While nearly 73.57% of residents own their homes outright in Tonopah, 43.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tonopah is $2,591 per month. Households that rent pay about 27.69% of their income on rent here. Tonopah's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
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Cities with Similar Populations
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- Earlville, NY: less expensive homes
- Dillingham, AK: higher priced homes
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