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Elko, NV Real Estate


According to census data in the year 2000 there were 6,960 housing units in Elko. This represents a 19.6% growth from 5,817 in 1990.

Of those housing units, 6,609 were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.

Homeownership rate in Elko is about 62.3%. Elko's vacancy rate, including seasonal lodging, is about 10.6%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Elko were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom16.70%
Two Bedrooms28.80%
Three Bedrooms34.50%
Four Bedrooms10.60%
Five Bedrooms or more6.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1981
Median Value of occupied units$126,600
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1978
Median Monthly Rent asked for vacant units$564

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9%
Home Equity Loan8%
Simple Mortgage59.40%
Debt Free23.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%