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Wells, NV

Full City Profile · Nevada · Elko County County

3.0 /5.0
B Good
1,184 Population 172/sq mi density
$75,962 Median Income $26,343 per capita
$213,500 Home Value $212,076 Zillow
$977 Median Rent 25.7% income on rent
45°F Avg Temperature 322 sunny days/yr
336 Violent Crime/100K 3,873 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$75,962 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$213,500 home value, $977/mo rent
F
Safety
1.0 / 5.0
336 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Housing Overview

Median Home Value
$213,500
24% below
US avg: $281,900
Median Rent
$977/mo
16% below
US avg: $1,163/mo
Homeownership Rate
64.8%
1% below US avg (65.4%)
Total Housing Units
510
Median year built: 1982

Home Value by Source

Census Median
$213,500
Zillow (ZHVI)
$212,076
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.8%
Owner-Occupied
35.2%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,056/mo
1 Bedroom
$1,135/mo
2 Bedroom
$1,428/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,352/mo
Census median rent: $977/mo

Affordability & Housing Stock

Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
64.8%

Complete Housing Data

Home Values

Census Median Value$213,500
Zillow Home Value (ZHVI)$212,076

Rent

Census Median Rent$977
FMR Studio$1,056
FMR 1-Bedroom$1,135
FMR 2-Bedroom$1,428
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,352

Market

Ownership & Stock

Owner-Occupied64.8%
Renter-Occupied35.2%
Homeownership Rate64.8%
Total Housing Units510
Median Year Built1982
Rent Burden25.7%