Housing & Real Estate — Nevada, Iowa

Overview

Total Housing Units3,253
Occupied3,052
Vacant201
Owner-Occupied2,169
Renter-Occupied883
Median Home Value (Census)$182,400
Estimated 2026~$194,000
Median Rent$884/mo
Median Property Tax$2,615/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income14.1%
Severely Rent-Burdened30.3%

Housing Age

Built 2010 or later263
Built 2000-2009189
Built 1990-1999431
Built before 19601,112
Median Year Built1971
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.