What's a healthy ratio in Nevada?

Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.

Does this account for interest rates?

No, price-to-income is rate-agnostic so it stays comparable across cycles.

What if my income is higher?

Your personal ratio matters more than the market median. Use it as a relative comparison.

Buyer authority NV

Most affordable cities for home buyers in Nevada.

Affordability = how many years of household income buys the median home. This ranks Nevada cities by price-to-income ratio (lower = more affordable).

Last updated September 2026

Nevada ranking

21 cities ranked. Click any row for the matching local page.

#	City	Price-to-income ratio	Score
1	Las Vegas	7.7x income	5	View →
2	Reno	7.0x income	17	View →
3	Henderson	7.0x income	17	View →
4	North Las Vegas	7.0x income	17	View →
5	Sparks	7.0x income	17	View →
6	Carson City	6.5x income	25	View →
7	Pahrump	6.5x income	25	View →
8	Fallon	6.0x income	34	View →
9	Gardnerville	6.0x income	34	View →
10	Elko	6.0x income	34	View →
11	Sun Valley	6.0x income	34	View →
12	Fernley	6.0x income	34	View →
13	Mesquite	6.0x income	34	View →
14	Winnemucca	6.0x income	34	View →
15	Boulder City	6.0x income	34	View →
16	Dayton	6.0x income	34	View →
17	Minden	6.0x income	34	View →
18	Yerington	6.0x income	34	View →
19	Laughlin	6.0x income	34	View →
20	Spring Creek	5.5x income	41	View →
21	Incline Village	5.5x income	42	View →

Methodology

Ratio = estimated home value ÷ average household income (Census ACS). Demographia bands (under 3.0 affordable, over 5.0 severely unaffordable) are designed around medians, so treat these as directional. Cities whose true median home value likely exceeds the dataset's modeled value (e.g. SF Bay, Manhattan) are flagged in their state pages.

FAQ

What's a healthy ratio in Nevada?: Under 3.0 is considered affordable; 3.0-4.0 moderate; 4.0-5.0 seriously unaffordable; over 5.0 severely unaffordable.
Does this account for interest rates?: No, price-to-income is rate-agnostic so it stays comparable across cycles.
What if my income is higher?: Your personal ratio matters more than the market median. Use it as a relative comparison.