Known as the “Silver State,” Nevada offers its residents a unique blend of excitement and natural beauty with world-class resorts and stunning natural wonders like Red Rock Canyon and Lake Tahoe. If you’re considering living somewhere in Nevada, chances are you also have a budget when looking for a house or apartment. As of June, Nevada median home sales It’s $458,300.
If that price doesn’t fit your budget, don’t worry – we have a variety of options to help you find a house or apartment that fits your budget. Redfin has compiled a list of the 5 most affordable places to live in Nevada. Their median home sales are lower than the state average. from Sunrise Manor Now that we’re in Spring Valley, let’s take a look at which cities are on the list.
#1: Sunrise Manor
Median house price: $365,000
Average sales price per square foot: $221
Median household income: $44,641
Nearest major subway: Las Vegas (7 miles)
Sunrise Manor, Nevada Homes for Sale
Apartments for Rent in Sunrise Manor, NV
With a median home sale price of $330,000, Sunrise Manor ranks No. 1 on the list of the most affordable places to live in Nevada. This medium-sized city is home to approximately 205,600 residents and is located in las vegas. Staying at Sunrise Estates allows you to hike to Frenchman Hill for great views of the city, play golf on one of the courses, or spend the day exploring the area.
#2: Paradise
Median house price: $399,999 USD
Average sales price per square foot: $246
Median household income: $48,032
Nearest major subway: Las Vegas (12 miles)
Paradise, NV Homes for Sale
Apartments for Rent in Paradise, NV
Second on the list of affordable cities to live in Nevada is Heaven. While you’re staying in this city of 191,200 people, you can enjoy the views in Sunset Park or head to downtown Las Vegas to check out the shops and restaurants.
#3: Spring Valley
Median house price: $401,000
Average sales price per square foot: $256
Median household income: $60,814
Nearest major subway: Las Vegas (11 miles)
Spring Valley, NV Homes for Sale
Spring Valley, NV Apartments for Rent
The third is Spring Valley, currently home to approximately 215,600 residents. Median home sales price spring valley At $390,000, it’s about $40,000 less than the median home sales price in Nevada. Be sure to spend a day outdoors at Cowabunga Canyon Waterpark, or if you’re moving to the third most expensive city, head to Red Rock Canyon National Conservation Area.
#4: North Las Vegas
Median house price: $420,000
Average sales price per square foot: $230
Average rent for a one-bedroom apartment: $1,475
Median household income: $48,032
Nearest major subway: Las Vegas (4 miles)
North Las Vegas, NV Homes for Sale
Apartments for Rent in North Las Vegas, NV
The only place that is more expensive than Spring Valley is North Las Vegas. Approximately 262,500 people live in north las vegas, where there are many unique activities to participate in. Be sure to head outside the city to the Nellis Dunes, explore the shops and restaurants downtown, or visit one of the area’s parks.
#5: Las Vegas
Median house price: $440,000
Average sales price per square foot: $259
Average rent for a one-bedroom apartment: $1,330
Median household income: $66,356
Las Vegas, NV Homes for Sale
Apartments for Rent in Las Vegas, NV
The last city on our list of affordable places to consider relocating in Nevada is Las Vegas. With 660,900 residents, the Entertainment Capital of the World is a great place to put on your bucket list. In Las Vegas, you’ll find countless events, shows, and one-of-a-kind things to do. For example, you can explore the iconic “The Strip,” home to themed hotels, concerts, celebrity restaurants, and luxury shopping malls. Other things to do in Las Vegas include exploring Red Rock Canyon National Monument, viewing Las Vegas Neon Museumor hike for a view of the Las Vegas skyline.
method: According to the U.S. Census, all cities must have more than 50,000 residents and have a median home sales price below the average Nevada median home sales price. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period June 2024 rental network July 2023. U.S. Census Bureau.
