Rental numbers for the Fernley, NV metro
The typical home here runs -$1,036 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 6.0%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 2 ZIPs with full data
- Cash flow
- -$1,036/mo
- at 7.78%, 25% down
- Typical price
- $419,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,093/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
6 with published figures
| 89428Silver City | $308,000 | $1,580* | 6.2% | 3.5% | -$754 | n/a |
| 89408Fernley | $403,000 | $1,988 | 5.9% | 3.3% | -$1,051 | +5.3% |
| 89403Dayton | $458,000 | $2,238 | 5.9% | 3.4% | -$1,159 | n/a |
| 89447Yerington | $317,000 | $1,130* | 4.3% | 1.9% | -$1,206 | n/a |
| 89429Silver Springs | $361,000 | $1,270* | 4.2% | 2.0% | -$1,333 | n/a |
| 89430Smith | $601,000 | $1,190* | 2.4% | 0.3% | -$3,065 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.1%
- Rent, 12 months
- +4.5%
- Rent minus price growth
- +1.4 pts
- Property tax
- 0.46%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $378,606 | $1,678 |
| Aug 2022 | $425,232 | $1,753 |
| Aug 2023 | $390,632 | $1,828 |
| Aug 2024 | $404,847 | $1,911 |
| Aug 2025 | $405,931 | $2,002 |
| Aug 2026 | $418,569 | $2,093 |
Counties
- Lyon County, NV5.9% median yield
Tools
Questions
- Is the Fernley, NV metro good for rental property?
- The typical home here runs -$1,036 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Fernley, NV metro have the highest rental yield?
- 89408 (Fernley) at 5.9%, 89403 (Dayton) at 5.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.