The 14 most affordable cities in Nevada to buy a house
Homeownership is fundamental to the American dream. It offers wealth, security, community, and countless other benefits. Yet for many Nevada residents, the dream feels increasingly out of reach—even as incomes rise and mortgage rates fall. Near-record prices have made homes hard to come by and often even harder to afford, leaving buyers and sellers stuck and younger generations priced out.
But affordable pockets still exist. In cities across the state, residents can comfortably spend around 30% of their income or less on housing, which is widely considered the affordable threshold.
To find out where these cities are, Redfin Real Estate ranked the most affordable cities in Nevada, based on their local payment to income ratios. All data is an average for the January-October 2025 period. To see the most affordable cities in the country, read this recent Redfin article.
#1. Lemmon Valley, Nevada
- Payment to income ratio: 36.5%
- Median sale price: $434,257
- Median household income: $91,132
- Income needed to buy: $110,893
- Median monthly mortgage payment: $2,772
- See homes for sale in Lemmon Valley on Redfin.com
#2. North Las Vegas, Nevada
- Payment to income ratio: 42.5%
- Median sale price: $425,431
- Median household income: $76,772
- Income needed to buy: $108,639
- Median monthly mortgage payment: $2,716
- See homes for sale in North Las Vegas on Redfin.com
#3. Enterprise, Nevada
- Payment to income ratio: 42.5%
- Median sale price: $520,811
- Median household income: $93,980
- Income needed to buy: $132,996
- Median monthly mortgage payment: $3,325
- See homes for sale in Enterprise on Redfin.com
#4. Cold Springs, Nevada
- Payment to income ratio: 42.9%
- Median sale price: $462,176
- Median household income: $82,450
- Income needed to buy: $118,023
- Median monthly mortgage payment: $2,951
- See homes for sale in Cold Springs on Redfin.com
#5. Spanish Springs, Nevada
- Payment to income ratio: 43.6%
- Median sale price: $689,302
- Median household income: $121,250
- Income needed to buy: $176,022
- Median monthly mortgage payment: $4,401
- See homes for sale in Spanish Springs on Redfin.com
#6. Mesquite, Nevada
- Payment to income ratio: 45.6%
- Median sale price: $443,381
- Median household income: $74,439
- Income needed to buy: $113,223
- Median monthly mortgage payment: $2,831
- See homes for sale in Mesquite on Redfin.com
#7. Henderson, Nevada
- Payment to income ratio: 46.2%
- Median sale price: $534,571
- Median household income: $88,654
- Income needed to buy: $136,509
- Median monthly mortgage payment: $3,413
- See homes for sale in Henderson on Redfin.com
#8. Sparks, Nevada
- Payment to income ratio: 47.8%
- Median sale price: $542,545
- Median household income: $86,979
- Income needed to buy: $138,546
- Median monthly mortgage payment: $3,464
- See homes for sale in Sparks on Redfin.com
#9. Las Vegas, Nevada
- Payment to income ratio: 53.1%
- Median sale price: $490,418
- Median household income: $70,723
- Income needed to buy: $125,234
- Median monthly mortgage payment: $3,131
- See homes for sale in Las Vegas on Redfin.com
#10. Spring Valley, Nevada
- Payment to income ratio: 54.5%
- Median sale price: $514,916
- Median household income: $72,364
- Income needed to buy: $131,490
- Median monthly mortgage payment: $3,287
- See homes for sale in Spring Valley on Redfin.com
#11. Reno, Nevada
- Payment to income ratio: 58.7%
- Median sale price: $600,949
- Median household income: $78,448
- Income needed to buy: $153,460
- Median monthly mortgage payment: $3,837
- See homes for sale in Reno on Redfin.com
#12. Boulder City, Nevada
- Payment to income ratio: 60.8%
- Median sale price: $549,072
- Median household income: $69,145
- Income needed to buy: $140,213
- Median monthly mortgage payment: $3,505
- See homes for sale in Boulder City on Redfin.com
#13. Summerlin South, Nevada
- Payment to income ratio: 61.1%
- Median sale price: $903,953
- Median household income: $113,301
- Income needed to buy: $230,836
- Median monthly mortgage payment: $5,771
- See homes for sale in Summerlin South on Redfin.com
#14. Incline Village, Nevada
- Payment to income ratio: 104.7%
- Median sale price: $2,224,881
- Median household income: $162,821
- Income needed to buy: $568,152
- Median monthly mortgage payment: $14,204
- See homes for sale in Incline Village on Redfin.com
