Mortgage payment estimates, closing cost breakdowns, and homebuying data for Winnemucca, Nevada.
Median Home Price
$295K
Population
8K
Avg Monthly Rent
$1,150
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 Winnemucca.
Winnemucca vs Nevada Median
The median home price in Winnemucca is $295,000, which is 31% below the Nevada state median of $425,000.
Mortgage Calculator — Winnemucca, NV
Pre-filled with Winnemucca median home price and Nevada tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $295K home using Nevada's 0.53% tax rate and $1,700/yr insurance.
5% Down
$2,207/mo
Down: $14,750
Loan: $280K
P&I: $1,771
Tax: $130
Insurance: $142
PMI: $163
10% Down
$2,105/mo
Down: $29,500
Loan: $266K
P&I: $1,678
Tax: $130
Insurance: $142
PMI: $155
20% Down (No PMI)
$1,764/mo
Down: $59,000
Loan: $236K
P&I: $1,492
Tax: $130
Insurance: $142
Income needed (28% rule): $76K/year with 20% down, $90K/year with 10% down.
Rent vs Buy in Winnemucca
Rent
$1,150/mo
vs
Buy (10% down)
$2,105/mo
Price-to-rent ratio: 21.4 — At a ratio above 20, renting may be more economical in Winnemucca for shorter stays. Buying costs $955 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 Winnemucca is $295,000, 31% below the Nevada state median of $425,000. With a population of 8,282, Winnemucca is a smaller market where home prices tend to be more accessible than in many parts of Nevada.
Property taxes in Nevada average 0.53% annually. This low property tax rate is a significant advantage for Winnemucca 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 Winnemucca is $1,150/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.
Winnemucca presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Winnemucca.