Rentometer, Inc. | Data as of 10/23/2025
Elko, Nevada’s metro area presents a balanced rental landscape that appeals to both young professionals and growing families. The market offers a mix of modern apartments and traditional single‑family homes, providing flexibility for renters seeking convenience or more space. Apartment communities are concentrated near downtown Elko and the historic Ruby Valley, where residents enjoy easy access to the city’s cultural venues, dining hotspots, and outdoor recreation areas such as the nearby Humboldt River Trail.
For those looking at larger living spaces, two‑bedroom apartments typically rent in the $1500s, with a median close to $1500, while three‑bedroom units are often found in the $1700 range, reflecting the demand for families and shared‑living arrangements. These price points make Elko an attractive option compared to many larger Nevada metros, offering competitive rates without compromising on quality. Many apartment complexes feature amenities such as fitness centers, pet‑friendly policies, and secured parking, catering to a diverse tenant base.
Beyond apartments, the area includes a selection of single‑family homes that provide additional privacy and room for customization. Proximity to key landmarks like the Northeastern Nevada Museum and the annual National Cowboy Poetry Gathering adds cultural depth to the community, while nearby ski resorts and hiking trails give residents ample opportunities for leisure. Whether you’re drawn by the vibrant downtown scene or the tranquil mountain backdrop, Elko’s rental market combines affordability, variety, and lifestyle appeal to meet a wide range of housing needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,544 | $1,500 | $1,275 - $1,899 | $1,499 - $1,549 |
| Apartment | 3 Bedroom | $1,703 | $1,639 | $1,609 - $1,925 | $1,610 - $1,925 |
In the current period, the average rent in Elko, NV was
$1,520 for 2 Bedroom, and
$1,683 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.