Mortgage payment estimates, closing cost breakdowns, and homebuying data for Henderson, Nevada.
Median Home Price
$475K
Population
320K
Avg Monthly Rent
$1,720
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 Henderson.
Henderson vs Nevada Median
The median home price in Henderson is $475,000, which is 12% above the Nevada state median of $425,000.
Mortgage Calculator — Henderson, NV
Pre-filled with Henderson median home price and Nevada tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $475K home using Nevada's 0.53% tax rate and $1,700/yr insurance.
5% Down
$3,467/mo
Down: $23,750
Loan: $451K
P&I: $2,852
Tax: $210
Insurance: $142
PMI: $263
10% Down
$3,303/mo
Down: $47,500
Loan: $428K
P&I: $2,702
Tax: $210
Insurance: $142
PMI: $249
20% Down (No PMI)
$2,753/mo
Down: $95,000
Loan: $380K
P&I: $2,402
Tax: $210
Insurance: $142
Income needed (28% rule): $118K/year with 20% down, $142K/year with 10% down.
Rent vs Buy in Henderson
Rent
$1,720/mo
vs
Buy (10% down)
$3,303/mo
Price-to-rent ratio: 23.0 — At a ratio above 20, renting may be more economical in Henderson for shorter stays. Buying costs $1,583 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 Henderson is $475,000, 12% above the Nevada state median of $425,000. With a population of 320,189, Henderson is a mid-size city 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 Henderson 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 Henderson is $1,720/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.
Henderson is a higher-cost market. At $475K 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 Henderson.