Looking to stretch your dollar in Nevada? You’re in luck! Nevada is home to several affordable cities where you can find budget-friendly apartments without compromising on lifestyle.
Whether you’re drawn to the small-town charm or the proximity to bigger cities, these spots might just have what you’re looking for. Let’s dive into the cheapest places to live in Nevada, alongside some of the largest employers and most popular affordable attractions in each city area.
1. Pahrump
Average rent: $1,117
Pahrump tops our list as the most affordable place to live in Nevada, with an average rent of $1,117. A one-bedroom apartment here can be yours for an average of $900 a month, making it an excellent option for renters on a budget. The cost of living is lower than in many other parts of Nevada, especially when compared to the state’s larger cities.
While Pahrump may be smaller than larger Nevada cities, it has some significant employers, including massive healthcare facilities like Desert View Hospital. If you’re into outdoor activities, Pahrump offers plenty of free or cheap attractions, like the Pahrump Valley Winery and the stunning Spring Mountain Motor Resort and Country Club, where you can catch a race or two. The area’s proximity to natural attractions like Death Valley National Park means weekend adventures are accessible and affordable.
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2. North Las Vegas
Average rent: $1,205
North Las Vegas is next with an average rent of $1,205, making it a more affordable alternative to Las Vegas itself. Studio apartments in North Las Vegas average $725, which is a steal considering the city’s proximity to the entertainment capital of the world. Despite being part of the Las Vegas metropolitan area, North Las Vegas has a lower cost of living, particularly in housing and everyday expenses.
One of the largest employers that North Las Vegas is known for is Nellis Air Force Base, which is a significant contributor to the local economy. When it comes to a little fun under the sun, you don’t need to break the bank—Aliante Nature Discovery Park is a favorite local spot with its vast green spaces and family-friendly atmosphere. Plus, the proximity to Las Vegas means you’re never far from world-class entertainment, often at a fraction of the price if you know where to look.
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3. Sun Valley
Average rent: $1,438
Sun Valley is another budget-friendly option, with an average rent of $1,438. A one-bedroom apartment here goes for about $1,295, making it a solid choice for those looking to stay near Reno without paying Reno prices.
Sun Valley’s location offers easy access to major employers in the Reno area, including Tesla and Amazon’s distribution centers. For those who enjoy the great outdoors, Sun Valley is a gateway to tons of free or low-cost activities. From hiking trails in the nearby Sierra Nevada Mountains to the scenic beauty of Pyramid Lake, there’s no shortage of nature-based attractions to explore.
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4. Fernley
Average rent: $1,472
Wth an average rent of $1,472, Fernley is a bit pricier than Sun Valley but still affordable. Expect to pay around $1,449 for a one-bedroom, making it an ideal spot for small families or individuals needing extra space.
Fernley is home to several large employers, including the Nevada Cement Company and the Amazon Fulfillment Center. The city’s historic downtown offers a charming array of shops and cafes that won’t break the bank. Plus, with nearby attractions like the Fernley Wildlife Management Area and the annual Lyon County Fair, there’s always something to do that’s easy on the wallet.
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5. Reno
Average rent: $1,564
Reno, known as “The Biggest Little City in the World,” has an average rent of $1,564. While not the cheapest on the list, Reno has a variety of quality living options. Studio apartments in Reno start at $1,285, which is reasonable considering Reno’s growing economy and fast-paced lifestyle.
Reno’s economy is booming, thanks to major employers like the University of Nevada, Reno, and several tech companies, including Tesla and Panasonic. For those who love outdoor activities, Reno is a paradise. You can explore the Truckee River, hike the many trails around Lake Tahoe, or take a scenic drive through the Sierra Nevada—all of which are free or low-cost options that make living in Reno a great value.
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6. Carson City
Average rent: $1,579
Carson City, the state capital, rounds out our list with an average rent of $1,579. While it’s the priciest of the bunch, Carson City still offers relatively affordable living compared to other state capitals. A one-bedroom apartment here averages $1,730, which is on the higher end. But the city compensates with its fascinating history and government employment opportunities.
Carson City’s economy is primarily driven by government jobs. That said, there’s also a growing healthcare sector with employers like Carson Tahoe Health. For history buffs, the city offers several free or inexpensive attractions, such as the Nevada State Museum and the historic Kit Carson Trail. Plus, Lake Tahoe is just a short drive away, providing endless outdoor recreation opportunities without the hefty price tag.
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Methodology
All cities must have over 20,000 residents per the US Census and have an average rent price under or within $200 of the median rent price for the state – which is $1,447 per month according to Redfin data. Average rental data from Rent.com July 2024.
