Average Rent in Mineral County, NV↓ Rents falling 10.0% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 4,557
Market Overview
Mineral County, NV has rental prices ranging from $950/month to $2,104/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $956/month — 32% below the national average of $1,400/month. With a median household income of $50,584/year, spending $956/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.
How Mineral County Compares
With an average 2-bedroom rent of $1,254/month, Mineral County ranks #10 most expensive of the 17 cities tracked in Nevada — pricier than 79% of all US cities in our data.
The Mineral County Rental Market
The Mineral County, NV area has a population of about 4,557 and 26% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Mineral County, NV have fallen by $139/month (10.0%) over the past year, from $1,393 to $1,254. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Mineral County, NV without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $38,240. The local median household income of $50,584 exceeds that threshold by $12,344, making Mineral County relatively accessible compared to local wages.
Economy & Jobs
Mineral County, NV has an unemployment rate of 8.2%, 4.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2027Is Mineral County, NV Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NVlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Las Vegas | $1,310 | $1,435 | $1,686 | $2,317 | — |
| Reno | $1,279 | $1,460 | $1,837 | $2,452 | — |
| Lyon County | $1,062 | $1,069 | $1,249 | $1,750 | — |
| Lyon County | $1,076 | $1,082 | $1,279 | $1,771 | — |
| Carson City | $1,057 | $1,131 | $1,453 | $2,012 | — |
| Elko County | $1,045 | $1,070 | $1,400 | $1,842 | — |
Rent or Buy in Mineral County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Mineral County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Mineral County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Mineral CountySalary needed to afford rent here
🗺️All Cities in NVSee how Mineral County ranks statewide
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