Fernley, NV housing market
Typical home value
$406K
▲ 4.3% 1 yr
Typical rent
$2,028/mo
▲ 6.2% 1 yr
Gross rent yield
6.0%
U.S. 6.3%
5-year home value change
+9%
U.S. +20%
Key takeaways
- 1The typical home in Fernley is worth $405,738, up 4.3% over the past year and up 9% over five years.
- 2Typical rent is $2,028 a month (+6.2% YoY), a gross rent yield of 6.0%.
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,230/mo, $202 more than typical rent.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Fernley compares
| Measure | Fernley | United States |
|---|---|---|
| Typical home value | $405,738 | $366,157 |
| Home value, 1-yr change | +4.3% | +1.2% |
| Typical rent | $2,028 | $1,932 |
| Rent, 1-yr change | +6.2% | +2.7% |
| Gross rent yield | 6.0% | 6.3% |
| Price-to-rent ratio | 16.7 | 15.8 |
| Mortgage P&I, typical home | $2,230 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Fernley rental, pre-filled.
Rent vs buy in Fernley
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $406K home.
Other Nevada cities
Las Vegas, NV
$417K home$1,700 rent
▼ 2.8% 1 yr
Henderson, NV
$478K home$1,783 rent
▼ 2.3% 1 yr
Reno, NV
$572K home$1,997 rent
▲ 2.0% 1 yr
North Las Vegas, NV
$402K home$1,866 rent
▼ 1.4% 1 yr
Sparks, NV
$534K home$2,140 rent
▲ 2.4% 1 yr
Carson City, NV
$501K home$2,126 rent
▲ 1.2% 1 yr
Pahrump, NV
$365K home$1,471 rent
▲ 0.5% 1 yr
Incline Village, NV
$1.53M home$4,490 rent
▲ 6.1% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.