Mortgage Calculator & Closing Costs: Carson City, NV
Mortgage payment estimates, closing cost breakdowns, and homebuying data for Carson City, Nevada.
Median Home Price
$425K
Population
59K
Avg Monthly Rent
$1,480
Property Tax Rate
0.53% *
* Property tax shown is the Nevada state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Carson City.
Carson City vs Nevada Median
The median home price in Carson City is $425,000, which is roughly in line with the Nevada state median of $425,000.
Mortgage Calculator — Carson City, NV
Pre-filled with Carson City median home price and Nevada tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $425K home using Nevada's 0.53% tax rate and $1,700/yr insurance.
5% Down
$3,117/mo
Down: $21,250
Loan: $404K
P&I: $2,552
Tax: $188
Insurance: $142
PMI: $236
10% Down
$2,970/mo
Down: $42,500
Loan: $383K
P&I: $2,418
Tax: $188
Insurance: $142
PMI: $223
20% Down (No PMI)
$2,478/mo
Down: $85,000
Loan: $340K
P&I: $2,149
Tax: $188
Insurance: $142
Income needed (28% rule): $106K/year with 20% down, $127K/year with 10% down.
Rent vs Buy in Carson City
Rent
$1,480/mo
vs
Buy (10% down)
$2,970/mo
Price-to-rent ratio: 23.9 — At a ratio above 20, renting may be more economical in Carson City for shorter stays. Buying costs $1,490 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Carson City is $425,000, roughly in line with the Nevada state median of $425,000. With a population of 58,639, Carson City is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Nevada average 0.53% annually. This low property tax rate is a significant advantage for Carson City buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Nevada runs approximately $1,700 per year. This is within the normal range nationally.
Average rent in Carson City is $1,480/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Carson City is a higher-cost market. At $425K median, buyers need significant savings or strong income. Down payment assistance through Nevada's Home Is Possible DPA program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Carson City.