Elko, NV

Metro area in Nevada · Updated Jan 2026

12-Month Forecast ↑ +0.1%

Median Home Value

$355,689

↑ +1.5%

Year-over-year

Median Rent

$1,508/mo

↑ +5.2%

Year-over-year

Rental Yield

5.1%

Good for investors

5-Year Appreciation

+27.4%

Active Listings

160

For-sale inventory

Price-to-Rent Ratio

19.7

Neutral market

Price Forecast

3 Months

↑ +0.2%

12 Months

↑ +0.1%

5-Year Price Trend

Calculate your mortgage for Elko, NV

See monthly payments for a $355,689 home →

Should you rent or buy in Elko, NV?

Price-to-rent ratio: 19.7x — It depends on your timeline. Run a full breakeven analysis with Elko, NV numbers pre-filled →

Frequently Asked Questions