What is the median rent in Nevada, MO?
The median gross rent in Nevada, MO is $720 (±$58) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,577 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Nevada, the median gross rent went from $645 in 2015–2019 to $720 in 2020–2024 (+11.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $720 (±$58)
- Rented homes
- 1,577 (±256)
- $2,000 or more
- 1.4%
- Since 2015–2019
- +11.6%
How much rent costs in Nevada
| Monthly gross rent | Nevada | Vernon County | Missouri | United States |
|---|---|---|---|---|
| Less than $500 | 27.6% (±8.8 points) | 24.0% | 8.3% | 6.3% |
| $500 to $999 | 50.9% (±9.3 points) | 53.9% | 38.8% | 20.2% |
| $1,000 to $1,499 | 17.9% (±6.2 points) | 19.5% | 34.6% | 28.1% |
| $1,500 to $1,999 | 2.1% (±3.4 points) | 1.6% | 12.3% | 21.1% |
| $2,000 to $2,499 | 0.0% (±2.2 points) | 0.0% | 3.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±2.2 points) | 0.0% | 1.0% | 5.5% |
| $3,000 or more | 1.4% (±2.5 points) | 1.0% | 1.2% | 6.8% |
The most common range is $500 to $999, paid by 50.9% of renting households.
1.4% of rented homes in Nevada cost $2,000 or more a month.
Nevada against Vernon County, its state and the nation
| Nevada | Vernon County | Missouri | United States | |
|---|---|---|---|---|
| Median gross rent | $720 (±$58) | $734 (±$55) | $1,033 (±$6) | $1,413 |
| Rented homes paying rent | 1,577 (±256) | 2,103 (±281) | 752,105 (±5,422) | 42,849,984 |
In Nevada, median gross rent is not measurably different from Vernon County ($734).
It is also lower than in Missouri ($1,033).
It is lower than the national figure ($1,413).
In Vernon County, Nevada ranks 7 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 551 of 889.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Nevada has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $645 (±$42) | $720 (±$58) | +11.6% | No measurable change after inflation |
| Households that rent | 48.0% (±5.8 points) | 47.1% (±6.6 points) | −0.9 percentage points | Not a measurable change |
| Rental vacancy rate | 1.5% (±2.2 points) | 3.8% (±4.1 points) | +2.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Nevada
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Nevada | — | $720 (±$58) | — |
| Center Township | 2.6 mi | $723 (±$73) | Not measurably different |
| Washington Township (Vernon County) | 3.7 mi | $718 (±$77) | Not measurably different |
| Deerfield Township | 6.3 mi | $853 (±$7) | Higher |
| Walker Township (Vernon County) | 6.7 mi | $738 (±$249) | Not measurably different |
| Walker | 7.5 mi | $663 (±$101) | Not measurably different |
| Moundville | 7.8 mi | $665 (±$47) | Not measurably different |
| Drywood Township | 10 mi | $622 (±$59) | Lower |
| Moundville Township | 11 mi | $683 (±$134) | Not measurably different |
Nearby places with a measurably lower figure: Drywood Township, MO ($622).
Nearby places with a measurably higher figure: Deerfield Township, MO ($853).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Vernon County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Montevallo Township | $1,064 (±$756) |
| 2 | Bronaugh | $1,000 (±$498) |
| 3 | Blue Mound Township (Vernon County) | $921 (±$344) |
| 4 | Deerfield Township | $853 (±$7) |
| 5 | Walker Township (Vernon County) | $738 (±$249) |
| 6 | Center Township | $723 (±$73) |
| 7 | Nevada | $720 (±$58) |
| 8 | Washington Township (Vernon County) | $718 (±$77) |
| 9 | Moundville Township | $683 (±$134) |
| 10 | Moundville | $665 (±$47) |
| 11 | Walker | $663 (±$101) |
| 12 | Drywood Township | $622 (±$59) |
| 13 | Sheldon | $617 (±$56) |
Showing 13 of 15 places in Vernon County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Nevada
What is the average rent in Nevada, MO?
The Census Bureau publishes the median rather than the average: the median gross rent in Nevada is $720 (±$58) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Nevada?
In Nevada, the median gross rent went from $645 in 2015–2019 to $720 in 2020–2024 (+11.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Nevada cost more than $2,000 a month?
1.4% of rented homes in Nevada have a gross rent of $2,000 or more a month, and 27.6% cost less than $500.
Is rent in Nevada higher than in Vernon County?
In Nevada, median gross rent is not measurably different from Vernon County ($734).
It is also lower than in Missouri ($1,033).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nevada city, Missouri
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nevada city, Missouri
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Nevada city, Missouri
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Nevada city, Missouri (place:51644, in state:29).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Nevada at a glance
- Rent by bedrooms in Nevada
- Rent burden in Nevada
- Renters and owners in Nevada
- Income and affordability in Nevada
- Home values in Nevada
- Homeowner costs in Nevada
- Property taxes in Nevada
- Types of homes in Nevada
- Bedrooms in Nevada
- Age of homes in Nevada
- Heating fuel in Nevada
- Commute and cars in Nevada
- Crime reported to police in Nevada
- Population growth in Nevada
- How long people stay in Nevada
- Crowding and facilities in Nevada
- Missouri landlord and tenant rules
- Housing across Vernon County
- Missouri places ranked by median rent
- Housing data for every place in Missouri