Nevada

Ranked #42 of 51 for housing affordability

34Crisis

Median Home Price

🏠

$440K

7x income

Median Rent

🔑

$2K

36.0% rent-burdened

Median Income

💰

$63K

Population: 3,177,772

Homeownership

🏡

56.0%

8,527 experiencing homelessness

Housing Shortage

📉

85,000

units needed

Building Permits (2024)

🔨

28,000

Price-to-Income

📊

Severe Rent Burden

⚠️

17.5%

paying >50% of income

Rent Burden Breakdown

Metro	Score	Home Price	Rent	Income	Rent Burden
Las Vegas	35	$420K	$2K	$61K	36.5%
Reno	32	$520K	$2K	$68K	35.0%

AB 486 tenant protectionsrelocation assistancepreemption of rent control