Nevada, known for its vibrant cities and stunning natural landscapes, offers a variety of affordable places to call home. Whether you're looking for a thriving urban environment or a quieter rural setting, Nevada has something to offer for everyone.

In this article, we'll explore the top 8 cheapest places to live in Nevada, taking into account the cost of housing and living expenses. So, let's dive in and discover these budget-friendly gems!

Top 8 Cheapest Places To Live In Nevada

Fallon

Cheapest Places To Live In Nevada

Nestled in Churchill County, Fallon is a charming city that offers a low cost of living coupled with a rich history and abundant outdoor recreational opportunities. With a population of approximately 9,393, this close-knit community provides a welcoming atmosphere.

Outdoor enthusiasts will appreciate the proximity to the Lahontan State Recreation Area, where they can enjoy boating, fishing, and camping.

The average cost of a house in Fallon is around $210,000, making it an affordable option for homeowners. Alternatively, renting an apartment in Fallon comes with an average monthly cost of $900.

Winnemucca

Winnemucca, located in Humboldt County, is another affordable city in Nevada. With a population of around 8,951, Winnemucca offers a strong sense of community and a range of recreational activities.

Outdoor enthusiasts can explore the nearby Winnemucca Sand Dunes or venture to the nearby Humboldt Mountains for hiking and wildlife viewing.

The average home price in Winnemucca is approximately $230,000, with rental apartments averaging around $1,000 per month.

Mesquite

Cheapest Places To Live In Nevada

Situated in Clark County, Mesquite is a vibrant city known for its golf courses, resort-style living, and affordable housing options. With a population of over 22,322, Mesquite offers a range of amenities, including casinos, entertainment venues, and shopping centers.

Outdoor enthusiasts can take advantage of the city's proximity to the picturesque Virgin River Gorge and enjoy activities such as hiking, biking, and fishing.

The average cost of a house in Mesquite is around $300,000, while rental apartments have an average monthly cost of $1,200.

Fernley

Located in Lyon County, Fernley is a rapidly growing city that offers affordable housing options and a close-knit community atmosphere. With a population of approximately 24,612, Fernley provides a variety of recreational opportunities, including the nearby Lahontan State Recreation Area and the Fernley Wildlife Management Area.

The average price of a home in Fernley is around $250,000, making it an attractive option for homeowners. Renting an apartment in Fernley comes with an average monthly cost of $1,100.

Elko

Elko, situated in Elko County, is a bustling city with a rich Western heritage and a strong sense of community. With a population of around 20,715, Elko offers a range of outdoor activities, including hiking, fishing, and hunting in the nearby Ruby Mountains.

The average cost of a house in Elko is approximately $275,000, while rental apartments have an average monthly cost of $1,200.

Lovelock

Cheapest Places To Live In Nevada

Lovelock, located in Pershing County, is a small and affordable city with a population of around  1,922. Known for its historic charm, Lovelock provides a peaceful and laid-back atmosphere. Outdoor enthusiasts can explore the nearby Rye Patch State Recreation Area or take a relaxing stroll in Lover's Lock Plaza.

The average home price in Lovelock is around $120,000, making it one of the most affordable places to live in Nevada. Renting an apartment in Lovelock comes with an average monthly cost of $800.

West Wendover

Situated in Elko County, West Wendover is a unique city that straddles the Nevada-Utah border. With a population of approximately 4,454, West Wendover offers a vibrant nightlife, a variety of entertainment options, and easy access to outdoor activities in the nearby Toana Vista Golf Course and Pequop Mountains.

The average cost of a house in West Wendover is around $160,000, while rental apartments have an average monthly cost of $900.

Ely

Cheapest Places To Live In Nevada

Ely, located in White Pine County, is a historic city with a population of around 4,098. Known for its mining heritage and stunning natural surroundings, Ely offers a range of outdoor activities, including fishing, camping, and hiking in Great Basin National Park.

The average price of a home in Ely is approximately $130,000, making it an affordable option for homeowners. Renting an apartment in Ely comes with an average monthly cost of $800.