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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Fernley, NV Housing Affordability Index

Fernley, Nevada has an MBR Housing Affordability Index score of 101.4 (Near National Average) as of October 30, 2026, ranking 33rd most affordable of 54 scored Nevada cities, compared with 86.2 statewide and 97.4 nationally. On a median-priced $366,700 home with 20% down, the Nevada average 30-year fixed rate of 7.14% means a monthly principal and interest payment of about $1,979, or 27% of the city’s $89,517 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Fernley is updated every night from live Nevada mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Fernley MBR-HAI 101.4 Near National Average
Rank in Nevada 33 of 54 1 = most affordable
Nevada 86.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.14% Nevada lenders
Median home value $366,700 U.S. Census Bureau

Fernley is 15.2 points above the Nevada score. Scores as of October 30, 2026. See the Nevada index

View Fernley Mortgage Rates

What It Takes to Buy in Fernley

$1,979/mo
Principal & Interest
Median home, 20% down, 7.14%
$84,800
Income Needed
To keep the payment at 28% of income
$89,517
Median Household Income
Nevada: $78,260
4.1x
Price-to-Income Ratio
Nevada: 5.6x
$1,594/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,944/yr
Median Property Tax
0.53% of median value
32.6%
Owner Cost Burden
Owners spending 30%+ of income on housing
43.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Fernley, Nevada. The rate is the Nevada average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Fernley Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Fernley, Nevada score: 101.4 (Near National Average), ranked 33 of 54 Nevada cities. monitorbankrates.com/housing-affordability-index/nevada/fernley”