Rentometer, Inc. | Data as of 12/04/2025
Elko, Nevada, sits at the crossroads of adventure and tradition, offering a vibrant rental market that balances western heritage with modern convenience. Nestled along the Humboldt River and framed by the striking Ruby Mountains, the city attracts professionals, students, and families drawn to its strong sense of community and abundant outdoor recreation. With easy access to downtown shops, cultural venues, and the University of Nevada, Elko campus, renters enjoy a lifestyle that blends urban amenities with an authentic small‑town atmosphere.
Apartment living dominates the local market, with a variety of floor plans that cater to different needs. Two‑bedroom units typically rent in the $1600s, while the median hovers in the $1500s, reflecting a competitive yet affordable environment for couples and small families. Larger three‑bedroom apartments command a $1700 range, with median rents settling in the $1600s, providing spacious options for those seeking extra room for work‑from‑home setups or growing households. The steady demand for quality rentals underscores Elko’s reputation as a stable and appealing place to call home.
Popular neighborhoods such as Downtown Elko, Valley View, and the historic West End offer easy walking distance to restaurants, art galleries, and seasonal events like the renowned National Cowboy Poetry Festival. Proximity to outdoor attractions—including the nearby Snowy Range ski areas and the scenic trails of the Ruby Mountains—enhances the appeal of local rentals. Whether looking for a cozy apartment close to campus or a larger home near the riverfront, Elko’s rental market provides diverse choices that align with a welcoming, active lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,611 | $1,524 | $1,499 - $1,899 | $1,500 - $1,899 |
| Apartment | 3 Bedroom | $1,703 | $1,639 | $1,609 - $1,925 | $1,610 - $1,925 |
In the current period, the average rent in Elko was $1,307 for 1 Bedroom, $1,612 for 2 Bedroom, and $1,703 for 3 Bedroom.
Data provided by Rentometer, Inc.