CALCMONEY // HOME AFFORDABILITY // NV // NORTH LAS VEGAS
How much house can you afford in North Las Vegas? Based on local median home prices, current NV mortgage rates, and North Las Vegas property tax data.
$390,000
$2,425/mo
$103,943/yr
$195,395
Monthly housing costs of $2,425 represent 48.5% of North Las Vegas's median gross monthly income ($5,000/mo). At 48.5%, median-income buyers in North Las Vegas are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $390,000 |
| Down Payment (20%) | $78,000 |
| Loan Amount | $312,000 |
| Monthly PI Payment | $2,055 |
| Monthly Property Tax | $208 |
| Monthly Insurance Est. | $163 |
| Total Monthly PITI | $2,425 |
| Housing Cost % of Income | 48.5% |
| Required Income (28% rule) | $103,943/yr |
| Max Affordable Home | $195,395 |
$13,650
$3,116/mo
North Las Vegas Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $390,000 | North Las Vegas city median |
| Down Payment (20%) | $78,000 | Conventional loan |
| Monthly PITI | $2,425 | 6.9% rate, 30yr fixed |
| Required Income (28% rule) | $103,943 | Annual gross |
| Max Affordable Home | $195,395 | Based on median income |
| FHA Down (3.5%) | $13,650 | Minimum FHA |
| Housing Cost % of Income | 48.5% | Median income: $60,000/yr |
| Property Tax Rate | 0.64% | $2,496/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in North Las Vegas is $390,000, with a local 30-year mortgage rate of 6.9%. A buyer putting 20% down carries a loan of $312,000, generating a monthly P&I payment of $2,055. Adding property taxes ($208/mo) and homeowners insurance ($163/mo) brings total monthly PITI to $2,425.
North Las Vegas's property tax rate of 0.64% is among the lower rates in the country, which improves overall affordability by keeping total PITI closer to the principal and interest payment alone. On the North Las Vegas median home, that is $208/month, or $2,496 per year.
Nevada has no state income tax, improving effective take-home pay for North Las Vegas residents and giving buyers additional capacity relative to equally-priced homes in high-tax states.
Using the 28% rule, a household earning North Las Vegas's median income of $60,000/year can afford up to $1,400/month in total housing costs. Based on North Las Vegas's mortgage rate of 6.9% and property tax rate of 0.64%, that translates to a maximum affordable home price of approximately $195,395 with 20% down on a 30-year loan.
To afford the median North Las Vegas home priced at $390,000, you need an annual gross income of approximately $103,943. Total monthly housing costs (principal and interest of $2,055, property taxes of $208, and insurance of $163) come to $2,425/month, which equals 28% of the required income.
At the median home price of $390,000 and median household income of $60,000, the total monthly housing cost of $2,425 represents 48.5% of gross monthly income. This is well above the standard 28% threshold, making North Las Vegas a challenging market for buyers at median income.
A conventional 20% down payment on the median North Las Vegas home of $390,000 is $78,000. An FHA loan requires just 3.5% down — $13,650 — but adds mortgage insurance of roughly $267/month, bringing total FHA payments to $3,116/month.