Cheapest Places to Live in Nevada (2026)
Looking for the most affordable cities in Nevada? We ranked 8 Nevada cities by median home value. The cheapest is Ely (~$219,000); the Nevada median is $423,500.
Most affordable cities in Nevada
Ranked by median home value, lowest first:
| # | City | Median home value | $ / sq ft |
|---|---|---|---|
| 1 | Ely | $219,000 | $174 |
| 2 | Pahrump | $378,000 | $221 |
| 3 | North Las Vegas | $412,500 | $227 |
| 4 | Las Vegas | $413,000 | $257 |
| 5 | Henderson | $470,500 | $272 |
| 6 | Reno | $489,000 | $355 |
| 7 | Sparks | $529,500 | $303 |
| 8 | Carson City | $542,000 | $338 |
Most expensive cities in Nevada
The priciest Nevada markets by median home value:
| # | City | Median home value | $ / sq ft |
|---|---|---|---|
| 1 | Carson City | $542,000 | $338 |
| 2 | Sparks | $529,500 | $303 |
| 3 | Reno | $489,000 | $355 |
| 4 | Henderson | $470,500 | $272 |
| 5 | Las Vegas | $413,000 | $257 |
| 6 | North Las Vegas | $412,500 | $227 |
| 7 | Pahrump | $378,000 | $221 |
| 8 | Ely | $219,000 | $174 |
How we rank Nevada cities
Rankings use the typical (median) home value for each city from public market data (Realtor.com & Zillow research). Affordability also depends on incomes, taxes, and cost of living — see each city page for local detail. Directional estimates, not appraisals.
Explore all Nevada home values, estimate any home with the Home Value Estimator, or see where your budget goes furthest nationwide.
Nevada affordability: FAQ
What is the cheapest place to live in Nevada? +
Based on median home value, Ely is among the most affordable cities in Nevada, with a typical home around $219,000 — well below the Nevada median of $423,500.
What is the most expensive city in Nevada? +
By median home value, Carson City is among the priciest in Nevada, with a typical home around $542,000.
Is Nevada an affordable place to live? +
The median home value in Nevada is about $423,500 (44% more expensive than the U.S. median of $294,000), but prices vary widely by city — from around $219,000 to $542,000.