This article was originally published on April 23, 2023
For most people, Las Vegas is synonymous with Nevada but there is much more to the Silver State than glitzy casinos and endless buffets. Nevada has must-see destinations like Hoover Dam, Red Rock Canyon and Lake Tahoe. There are goldmines, mountain trails, biking, fishing and skiing. There are also many unique communities offering distinctive restaurants, shops and entertainment venues. Fortunately, Nevada has a relatively low cost of living, especially if you’re living in the right places. Check out our list below of the 10 cheapest cities to live in Nevada to help inform your choices.
Methodology: How We Evaluated the Cheapest Places in Nevada
We evaluated homebuying affordability by comparing median home sale prices with local median household incomes across the ten Nevada communities in this guide.
Home prices come from Redfin’s August 2026 market updates for all home types, with price summaries covering the three months ending August. Local incomes use the U.S. Census Bureau’s 2020–2024 American Community Survey five-year estimates, as reported by Data USA. These income figures are historical estimates, rather than measurements of 2026 earnings.
For each community, we estimated the monthly cost of buying a median-priced home using a 20% down payment, a 30-year fixed mortgage and the interest rate, property-tax and insurance assumptions detailed in the table. We then calculated the gross annual income needed to keep that payment at 28% of household income.
Places are ranked by their income gap:
Income gap = Estimated required annual income − Local median household income
A smaller gap indicates a smaller estimated income shortfall. A negative gap means local median household income exceeds the modeled income target. The separate price ranking shows which communities have the lowest purchase prices.
This comparison includes cities and unincorporated communities. It does not measure total living costs or guarantee mortgage eligibility. HOA fees, utilities, maintenance and closing costs are excluded, and small-market prices and income estimates can fluctuate.
1. Hawthorne (Mineral County)
- Median sale price: $191,623
- Affordability Rank: 1
- Price Rank: 1
Hawthorne offers the lowest purchase-price benchmark in this comparison. This high-desert community is the Mineral County seat, with a local identity shaped by military history and the surrounding landscape. Travel Nevada’s Hawthorne guide highlights the Hawthorne Ordnance Museum, Mineral County Museum and nearby Walker Lake, where residents can camp, kayak and spend time outdoors.
Redfin’s August market update reports a median price up 14.9% from the comparable period a year earlier, eight reported August sales and a median 195 days on market. That small sales count makes the area-wide median sensitive to the mix of homes that sell.
At the median price, our model produces a monthly payment of about $1,266. Before making an offer, compare recent sales of similar properties and allow room in the budget for any repairs identified during inspection. A long marketing period can support a pricing discussion, but it does not guarantee a discount.
2. Ely (White Pine County)
- Median sale price: $284,812
- Affordability Rank: 2
- Price Rank: 3
Ely appeals to buyers interested in a mountain-town setting and eastern Nevada’s mining and railroad history. Travel Nevada’s Ely guide identifies the Nevada Northern Railway, downtown murals, White Pine Public Museum and nearby outdoor destinations, including Ward Charcoal Ovens State Historic Park and Great Basin National Park.
Redfin’s August update reports a median sale price of $284,812, up 23.0% from the comparable period a year earlier, with 17 reported August sales and a median 88 days on market. Our financing model puts the monthly payment near $1,790.
The increase in the median does not mean every Ely home appreciated by 23%. With a relatively small number of transactions, property size and condition can change the reported median substantially. Compare individual listings carefully, and check heating costs and the condition of major systems when evaluating older homes.
3. Moapa Valley (Clark County)
- Median sale price: $371,004
- Affordability Rank: 3
- Price Rank: 8
The Moapa Valley area offers a rural setting around communities such as Overton and Logandale. Travel Nevada’s guide highlights the Muddy River, Lost City Museum, Logandale Trails and access to Valley of Fire State Park and Lake Mead National Recreation Area.
Redfin reports a median sale price of $371,004, down 21.9% year over year, with 14 reported August sales and a median 61 days on market. The modeled monthly payment is about $2,292.
Treat the large percentage decline cautiously. Fourteen reported sales do not establish that the value of a particular home fell by the same amount. Compare similar properties and verify the costs of insurance, utilities and any private systems. For buyers who work in Las Vegas, the exact commute may determine whether the lower purchase price translates into a more affordable daily life.
4. Laughlin (Clark County)
- Median sale price: $227,350
- Affordability Rank: 4
- Price Rank: 2
Laughlin combines a relatively low purchase-price benchmark with a Colorado River setting. Its modern resort history began when Don Laughlin opened his Riverside property in 1966, according to Visit Laughlin’s history guide. Nearby, Big Bend of the Colorado State Recreation Area offers river access, camping, hiking and other outdoor activities.
Redfin reports a median sale price down about 9.0% year over year, 51 reported August sales and a median 125 days on market. The modeled monthly payment is approximately $1,444.
Compare properties of the same type before treating the area’s median as your target price. If you are considering a condo or a home in an association, add the actual HOA dues and review any special assessments. Ask for recent utility bills so cooling costs become part of the purchase budget.
5. Yerington (Lyon County)
- Median sale price: $302,300
- Affordability Rank: 5
- Price Rank: 4
Yerington offers a farming-community setting in the Mason Valley. Travel Nevada describes the area as an agricultural center producing onions, hay and other crops, with access to fishing and recreation along the Walker River. Walker River State Recreation Area is another option for camping and time outdoors.
Redfin’s August figures show a median sale price down 7.0% year over year, 14 reported August sales and a median 86 days on market. The estimated monthly payment in our comparison is $1,881.
Yerington may suit buyers who value a smaller community, but the cost of travel to work and services belongs in the budget. Travel Nevada places it roughly 70 driving miles from Reno. If you are comparing homes with acreage, confirm water service, septic arrangements, road access and which responsibilities transfer with the property.
6. Winnemucca (Humboldt County)
- Median sale price: $397,237
- Affordability Rank: 6
- Price Rank: 10
Winnemucca offers a northern Nevada setting with a strong ranching and Basque cultural heritage. Travel Nevada’s Winnemucca guide highlights the Humboldt Museum, Buckaroo Hall of Fame and Heritage Museum, Humboldt River and nearby Water Canyon Recreation Area.
Redfin’s August update reports a median sale price up 1.1% year over year, 41 reported August sales and a median 32 days on market. That was the shortest reported median marketing time among the ten communities compared. The modeled monthly payment is approximately $2,460.
Winnemucca sits near the top of this guide’s price range, so buyers should compare the full payment with their expected local earnings. A purchase just below $400,000 still produces a modeled gross household income target of about $105,400 when PITI is limited to 28% of income.
7. Whitney (Clark County)
- Median sale price: $349,634
- Affordability Rank: 7
- Price Rank: 5
Clark County identifies Whitney as an unincorporated town in the eastern Las Vegas Valley. Local amenities include the Whitney Recreation Center, with fitness facilities, sports courts and community programs, and trails at Clark County Wetlands Park.
Redfin’s August update reports a median sale price down 3.7% year over year, 113 reported August sales and a median 61 days on market. Our estimated monthly payment is $2,166.
For buyers who need access to the Las Vegas metro area, Whitney is a useful place to compare individual listings. Check the exact address, commute and ownership costs: a Las Vegas mailing address alone does not identify the property’s municipal or unincorporated-town jurisdiction.
8. Fallon (Churchill County)
- Median sale price: $391,741
- Affordability Rank: 8
- Price Rank: 9
Fallon is an agricultural community in the Lahontan Valley, roughly 60 miles east of Reno, according to Travel Nevada. Nearby attractions include Stillwater National Wildlife Refuge, Grimes Point Archaeological Area and Sand Mountain, while the Churchill County Museum documents the area’s history.
Redfin’s August update reports a median sale price up 3.1% year over year, 43 reported August sales and a median 47 days on market. Our model produces an estimated monthly payment of $2,415.
Fallon’s reported marketing time was shorter than in most other communities in this guide. Buyers should have financing documents ready, while still allowing time for an inspection and a review of comparable sales. When comparing in-town homes with rural properties nearby, ask about differences in water, sewer, road maintenance and insurance costs.
9. Pahrump (Nye County)
- Median sale price: $362,260
- Affordability Rank: 9
- Price Rank: 7
Pahrump gives buyers a community west of Las Vegas with access to desert recreation. Travel Nevada’s Pahrump guide places it between Las Vegas and Death Valley National Park and highlights the Pahrump Valley Museum and Spring Mountain Motor Resort and Country Club.
Redfin’s August update reports a median sale price down 8.3% year over year, 203 reported August sales and a median 90 days on market. The estimated monthly payment is $2,237 under our comparison assumptions.
If a larger lot is part of the appeal, compare total ownership costs as well as acreage. Confirm whether the property uses public water or a private well, whether it has sewer service or a septic system, and the condition of those systems. Buyers planning to commute to Las Vegas should test the route at their normal travel times and include fuel and vehicle costs in their budget.
10. Sunrise Manor (Clark County)
- Median sale price: $359,762
- Affordability Rank: 10
- Price Rank: 6
Sunrise Manor is another option for buyers seeking a Las Vegas Valley home. Clark County’s planning department identifies it as an unincorporated town in the northeastern valley. Recreation options include The Club at Sunrise, a county-owned golf course with a clubhouse and restaurant.
With 329 reported August sales, Sunrise Manor had the largest reported sales count among the ten markets in this guide. Redfin’s update shows a median sale price down 1.4% year over year and a median 56 days on market. The modeled monthly payment is about $2,226.
The larger transaction count provides more market context than the smallest towns on this list, but neighborhood-level comparisons still matter. Evaluate the home itself, nearby comparable sales and your daily travel route before deciding that an asking price represents good value.
Home Prices vs. Local Incomes in Nevada’s 10 Cheapest Cities
Data checked: October 2, 2026. Prices are Redfin’s August 2026 figures for all home types, with market trends reported over three months. The list includes cities and unincorporated communities.
| Rank | City / community | Median sale price | Principal & interest / month | Estimated monthly payment¹ | Required annual income² | Local median household income³ | Income gap⁴ |
|---|---|---|---|---|---|---|---|
| 1 | Hawthorne | $191,623 | $1,049 | $1,266 | $54,300 | $67,300 | −$13,000 |
| 2 | Ely | $284,812 | $1,559 | $1,790 | $76,700 | $77,500 | −$800 |
| 3 | Moapa Valley | $371,004 | $2,031 | $2,292 | $98,200 | $89,250 | +$9,000 |
| 4 | Laughlin | $227,350 | $1,244 | $1,444 | $61,900 | $45,685 | +$16,200 |
| 5 | Yerington | $302,300 | $1,655 | $1,881 | $80,600 | $57,980 | +$22,600 |
| 6 | Winnemucca | $397,237 | $2,174 | $2,460 | $105,400 | $81,824 | +$23,600 |
| 7 | Whitney | $349,634 | $1,914 | $2,166 | $92,800 | $67,155 | +$25,600 |
| 8 | Fallon | $391,741 | $2,144 | $2,415 | $103,500 | $73,389 | +$30,100 |
| 9 | Pahrump | $362,260 | $1,983 | $2,237 | $95,900 | $62,109 | +$33,800 |
| 10 | Sunrise Manor | $359,762 | $1,969 | $2,226 | $95,400 | $58,421 | +$37,000 |
- Financing. 20% down, a 30-year fixed mortgage and 7.28% interest, Freddie Mac’s national average for October 1, 2026. No private mortgage insurance is included.
- ¹ Estimated monthly payment. Principal, interest, estimated property taxes and homeowners insurance. Tax estimates use county effective rates from Tax Foundation’s 2026 publication, based on 2024 data: Mineral 0.73%, Clark 0.52%, White Pine 0.55%, Lyon 0.50%, Nye 0.51%, Churchill 0.52% and Humboldt 0.56%. These are county benchmarks, not individual property tax quotes.
- Insurance. $100.59 monthly, using Progressive’s observed Nevada average for 2025 as an estimating allowance. Actual premiums vary by property and coverage. Progressive
- ² Required annual income. Gross household income needed to keep the estimated payment at 28% of income, calculated as monthly payment × 12 ÷ 0.28. Freddie Mac discusses this budgeting benchmark; it is not a lender qualification threshold. Income is rounded to $100. My Home by Freddie Mac
- ³ Local median household income. U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024), table B19013, as reported by Data USA. Small-town ACS estimates carry wide margins of error.
- ⁴ Income gap. Required annual income minus local median household income, rounded to $100. A negative number means the typical local household earns more than the income needed to buy the median home. The table is sorted by this gap, smallest first.
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