Home prices
The median home value in Lemmon Valley is $246,600. It is approximately $76,180 (23%) lower in comparison to other places in this area.It is roughly $29,100 (13%) higher in comparison to the nation as a whole, and compared to the city of Reno it is approximately $88,400 (26%) lower.
Rents
In Lemmon Valley the median rent is $1,293 per month. This is about $69 (5%) lower compared to other places in this area.In comparison to the United States as a whole it is about $231 (21%) higher, and in comparison to the city of Reno is roughly $264 (25%) higher.
Nearby places
Sun Valley
Sun Valley is about 5 miles southeast of Lemmon Valley. Housing prices there are substantially less expensive. Sun Valley's median home price is $169,000, which is $77,600 (45%) lower than Lemmon Valley. The rent there is somewhat less expensive. In Sun Valley the median rent is $1,016 per month, which is $277 (27%) lower than Lemmon Valley.
Cold Springs
Cold Springs is approximately 6 miles west of Lemmon Valley. Real estate prices there are similar. The median home in Cold Springs costs $258,500, which works out to $11,900 (4%) higher than Lemmon Valley. Its rents are somewhat more expensive. Cold Springs's median monthly rent is $1,453, which works out to $160 (11%) higher than Lemmon Valley.
Spanish Springs
Spanish Springs is approximately 7 miles east of Lemmon Valley. Its housing prices are substantially more expensive. The median home in Spanish Springs costs $378,100, which works out to $131,500 (34%) higher than Lemmon Valley. Its rents are a little more expensive. The median rent in Spanish Springs is $1,710 a month, which comes out to $417 (24%) higher than Lemmon Valley.
Sparks
Sparks is about 9 miles southeast of Lemmon Valley. The housing prices there are a little more expensive. Sparks's median home cost is $301,500, which comes out to $54,900 (18%) higher than Lemmon Valley. The rent there is a little less expensive. The median monthly rent in Sparks is $1,138, which is $155 (13%) lower than Lemmon Valley.
Verdi
Verdi is approximately 13 miles southwest from Lemmon Valley. The real estate prices there are substantially more expensive. The cost of the median home in Verdi is $506,800, which comes out to $260,200 (51%) higher than Lemmon Valley. Its rents are a bit more expensive. Verdi's median rent is $1,491 a month, which comes out to $198 (13%) higher than Lemmon Valley.
