Home prices
The cost of the median home in Fernley is $221,200. In comparison to its nearby areas it is roughly $94,720 (74%) higher.It is approximately $3,700 (1%) higher in comparison to the nation as a whole, and in comparison to the city of Reno is roughly $113,800 (33%) lower.
Rents
The median rent in Fernley is $1,147 a month. Compared to its nearby areas it is roughly $377 (48%) higher.It is approximately $85 (8%) higher in comparison to the rest of the nation, and in comparison to the city of Reno is roughly $118 (11%) higher.
Nearby places
Wadsworth
Wadsworth is Fernley's neighbor to the northwest. The housing prices there are substantially less expensive. The value of the median home in Wadsworth is $81,300, which comes out to $139,900 (172%) lower than Fernley. Its rents are significantly less expensive. In Wadsworth the median rent is $594 per month, which is $553 (93%) lower than Fernley.
Silver Springs
Silver Springs is Fernley's neighbor to the south. The housing prices there are a lot less expensive. Silver Springs's median home cost is $141,800, which works out to $79,400 (55%) lower than Fernley. Rent there is a little less expensive. In Silver Springs the median monthly rent is $1,020, which is $127 (12%) lower than Fernley.
Stagecoach
Stagecoach is roughly 15 miles southwest from Fernley. The housing prices there are a lot less expensive. Stagecoach's median home value is $160,600, which comes out to $60,600 (37%) lower than Fernley. Its rents are a little less expensive. Stagecoach's median rent is $985 a month, which is $162 (16%) lower than Fernley.
Nixon
Nixon is roughly 19 miles northwest of Fernley. Its housing prices are a lot less expensive. The median home value in Nixon is $80,500, which comes out to $140,700 (174%) lower than Fernley. Rent there is significantly less expensive. The median rent in Nixon is $363 a month, which is $784 (215%) lower than Fernley.
Fallon
Fallon is roughly 19 miles east from Fernley. Its real estate prices are somewhat less expensive. The median home in Fallon costs $168,200, which works out to $53,000 (31%) lower than Fernley. Its rents are somewhat less expensive. Fallon's median monthly rent is $887, which is $260 (29%) lower than Fernley.
