Home prices
The median home in Elko is valued at $232,100. Compared to its surrounding areas it is approximately $98,667 (73%) higher.It is about $14,600 (6%) higher in comparison to the rest of the nation.
Rents
In Elko the median monthly rent is $1,021. Compared to the surrounding areas it is approximately $131 (14%) higher.It is about $41 (3%) lower compared to the entire country.
Nearby places
Spring Creek
Spring Creek is approximately 10 miles southeast of Elko. Its real estate prices are fairly similar. Spring Creek's median home cost is $232,900, which is very similar to Elko. The rent there is a bit more expensive. Spring Creek's median rent is $1,289 a month, which comes out to $268 (20%) higher than Elko.
Carlin
Carlin is roughly 17 miles southwest of Elko. Its housing prices are a lot less expensive. The median home cost in Carlin is $139,400, which comes out to $92,700 (66%) lower than Elko. Rent there is similar. Carlin's median rent is $1,006 per month, which is $15 (1%) lower than Elko.
Wells
Wells is approximately 40 miles northeast of Elko. The real estate prices there are substantially less expensive. The median home in Wells is valued at $132,900, which comes out to $99,200 (74%) lower than Elko. The rent there is significantly less expensive. The median monthly rent in Wells is $757, which is $264 (34%) lower than Elko.
Crescent Valley
Crescent Valley is approximately 46 miles southwest of Elko. The housing prices there are substantially less expensive. The median home in Crescent Valley is valued at $66,100, which comes out to $166,000 (251%) lower than Elko. Rent there is similar. In Crescent Valley the median monthly rent is $1,012, which is very similar to Elko.
Battle Mountain
Battle Mountain is approximately 54 miles west from Elko. Housing prices there are somewhat less expensive. Battle Mountain's median home cost is $178,300, which works out to $53,800 (30%) lower than Elko. Rent there is somewhat less expensive. Battle Mountain's median rent is $853 per month, which comes out to $168 (19%) lower than Elko.
Owyhee
Owyhee is approximately 74 miles north of Elko. Housing prices there are significantly less expensive. Owyhee's median home price is $51,000, which is $181,100 (355%) lower than Elko. Its rents are substantially less expensive. In Owyhee the median rent is $425 a month, which works out to $596 (140%) lower than Elko.