Las Vegas-Henderson-North Las Vegas, NV
N/A transactions last 30d
6.06%
gross yield
$2,210
Median rent
$439,861
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
Nevada Average Rent & Rental Yield
Screen Nevada rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
6.06%
Gross Rental Yield
$2,250
Median Rent
$446,693
Avg Home Value
N/A
Transactions (30d)
Average rent in Nevada
The median asking rent in Nevada is $2,250 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $446,693, that rent level prices Nevada at a 6.06% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Nevada markets.
Rental yield snapshot for Nevada
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest Nevada markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
Nevada metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Reno, NV
N/A transactions last 30d
5.97%
gross yield
$2,600
Median rent
$532,144
Avg home value
N/A
30d transactions
Pahrump, NV
N/A transactions last 30d
7.02%
gross yield
$1,918
Median rent
$331,440
Avg home value
N/A
30d transactions
Gardnerville Ranchos, NV-CA
N/A transactions last 30d
5.46%
gross yield
$2,550
Median rent
$589,675
Avg home value
N/A
30d transactions
Winnemucca, NV
827 active investors
827
investors
827
Active investors
6.06%
State gross yield
$2,250
State median rent
Elko, NV
N/A transactions last 30d
7.72%
gross yield
$2,100
Median rent
$280,467
Avg home value
N/A
30d transactions
Carson City, NV
N/A transactions last 30d
6.30%
gross yield
$2,300
Median rent
$461,854
Avg home value
N/A
30d transactions
Fallon, NV
N/A transactions last 30d
7.12%
gross yield
$1,950
Median rent
$352,691
Avg home value
N/A
30d transactions
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Las Vegas-Henderson-North Las Vegas, NV
NV
6.06%
$2,210
$439,861
N/A
Reno, NV
NV
5.97%
$2,600
$532,144
N/A
Pahrump, NV
NV
7.02%
$1,918
$331,440
N/A
Gardnerville Ranchos, NV-CA
NV
5.46%
$2,550
$589,675
N/A
Winnemucca, NV
NV
N/A
N/A
N/A
N/A
Elko, NV
NV
7.72%
$2,100
$280,467
N/A
Carson City, NV
NV
6.30%
$2,300
$461,854
N/A
Fallon, NV
NV
7.12%
$1,950
$352,691
N/A
All Nevada rental markets
Average rent and rental yield reports for every covered Nevada metro (7 markets).
- Carson City, NV6.30% yield
- Elko, NV7.72% yield
- Fallon, NV7.12% yield
- Gardnerville Ranchos, NV-CA5.46% yield
- Las Vegas-Henderson-North Las Vegas, NV6.06% yield
- Pahrump, NV7.02% yield
- Reno, NV5.97% yield
Turn Nevada rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.