Best Places to Invest in Nevada Real Estate
37 Nevada markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Reno | $570,000 | 2.5% | $-2,054 | -0.9% | 3,081 |
| Pahrump | $250,000 | 3.4% | $-887 | +0.0% | 1,409 |
| Sparks | $512,490 | 3.0% | $-1,510 | +1.4% | 1,257 |
| Carson City | $485,000 | 2.4% | $-1,730 | +1.3% | 707 |
| Fernley | $400,000 | 3.4% | $-1,043 | +2.9% | 467 |
| Dayton | $438,000 | 2.6% | $-1,520 | +3.1% | 452 |
| Spring Creek | $360,000 | 4.0% | $-852 | +1.9% | 349 |
| Elko | $376,900 | 3.0% | $-1,107 | +5.9% | 338 |
| Fallon | $375,000 | 3.1% | $-1,146 | +1.4% | 321 |
| Spanish Springs | $690,000 | 3.2% | $-1,816 | +4.6% | 305 |
| Winnemucca | $340,000 | 1.1% | $-1,830 | +3.8% | 284 |
| Incline Village | $1,500,000 | 1.0% | $-6,009 | -3.9% | 282 |
| Silver Springs | $100,000 | 3.7% | $-783 | +7.0% | 217 |
| Cold Springs | $450,000 | 4.2% | $-777 | +3.4% | 178 |
| Indian Hills | $595,980 | 2.3% | $-2,077 | +5.2% | 175 |
| Gardnerville Ranchos | $569,000 | 1.5% | $-3,250 | +1.7% | 173 |
| Sun Valley | $398,000 | 3.7% | $-921 | +7.1% | 149 |
| Yerington | $239,000 | 2.4% | $-986 | +11.7% | 149 |
| Minden | $585,000 | 2.4% | $-2,105 | -0.2% | 145 |
| Washoe Valley | $1,060,000 | 0.3% | $-8,703 | +0.4% | 139 |
| Johnson Lane | $870,000 | 2.5% | $-2,696 | -0.7% | 113 |
| Kingsbury | $780,000 | 2.2% | $-2,531 | -3.8% | 106 |
| Ely | $231,500 | 3.2% | $-812 | +5.4% | 89 |
| Gardnerville | $505,000 | 3.0% | $-1,568 | +8.8% | 83 |
| Battle Mountain | $273,500 | 1.6% | $-1,163 | -2.0% | 80 |
| Lemmon Valley | $435,000 | 2.9% | $-1,509 | -3.4% | 79 |
| Grass Valley | $299,000 | 1.2% | $-1,577 | +7.6% | 71 |
| Genoa | $1,125,000 | -0.1% | $-7,320 | +15.9% | 57 |
| Stagecoach | $310,000 | 3.3% | $-1,089 | +10.6% | 56 |
| Osino | $87,500 | 4.7% | $-386 | +16.1% | 53 |
| Virginia City | $199,000 | 1.8% | $-2,747 | +9.3% | 53 |
| Smith Valley | $625,000 | 0.8% | $-3,174 | +2.2% | 49 |
| Topaz Ranch Estates | $307,450 | 2.8% | $-983 | +1.4% | 48 |
| Hawthorne | $162,500 | 4.8% | $-262 | +5.1% | 35 |
| Round Hill Village | $1,382,250 | -0.4% | $-11,555 | +0.7% | 32 |
| East Valley | $1,026,642 | 0.6% | $-6,551 | +1.3% | 32 |
| Carlin | $249,000 | 5.3% | $-214 | +0.6% | 31 |
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