Wells, NV
Full City Profile · Nevada · Elko County County
3.6
/5.0
B+
Good
1,184
Population
172/sq mi density
$75,962
Median Income
$26,343 per capita
$213,500
Home Value
$225,156 Zillow
$977
Median Rent
25.7% income on rent
45°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$75,962 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$213,500 home value, $977/mo rent
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)
$225,156
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.8%
Owner-Occupied
35.2%
Renter-Occupied
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) | $225,156 |
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-Occupied | 64.8% |
| Renter-Occupied | 35.2% |
| Homeownership Rate | 64.8% |
| Total Housing Units | 510 |
| Median Year Built | 1982 |
| Rent Burden | 25.7% |