Nevada is known for its deserts, hot springs, and world-class entertainment. The vibrant city of Las Vegas is arguably its most well-known destination, offering many attractions for individuals of all ages, such as its world-renowned live entertainment, grand casinos, and exquisite shopping. In addition, the state is home to several major universities, including the University of Nevada, Reno, and the University of Nevada, Las Vegas. Explore Nevada's culture and history through museums like the Nevada State Museum and the Mob Museum, as well as prestigious universities like the University of Nevada, Reno, and the University of Nevada, Las Vegas.

Outdoor enthusiasts will find plenty of recreation opportunities, from hiking in Red Rock Canyon to skiing and snowboarding in Lake Tahoe. Sports fans will have plenty to keep them active in Nevada with Las Vegas (NHL) and Vegas Golden Knights (NHL) located there. In addition, take advantage of famous attractions like the Hoover Dam, the Nevada Ballet Theatre, and the historic town of Virginia City.

Nevada has something for everyone, from the iconic bright lights of Las Vegas to the stunning natural wonders of Lake Tahoe. It would be a fantastic choice for anyone to call home.

Rental Market Trends

Fernley, NV

As of July 2025, Fernley's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Fernley's average rent is 12.4% ($206) higher than the Nevada average of $1,668 and 5.6% ($99) higher than the U.S. average of $1,775.

Average Rent

$1,874

Monthly ChangeMonth Over Month Change

13.2% ($218)

Yearly ChangeYear Over Year Change

4.2% ($75)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,055	1.5% ($16)	2.7% ($29)
2 Beds	$1,397	1.3% ($18)	No change
3 Beds	$1,916	6.1% ($111)	5.2% ($106)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Fernley Rental Market FAQs

Explore rental prices, market trends, and availability in Fernley, NV.

What is the average rent in Fernley, NV?

The average rent in Fernley, NV is $1,874 per month.

What is the rental price range for apartments in Fernley, NV?

Apartments in Fernley typically rent for between $739 and $2,491 per month, with an average of $1,874 per month.

What is the average rent for different bedroom sizes in Fernley, NV?

In Fernley, the average rent for a 1-bedroom apartment is $1,055 per month, for a 2-bedroom apartment, $1,397 per month, and a 3-bedroom apartment is $1,916 per month.

How do rent prices in Fernley, NV compare with the national average?

The average rent in Fernley is 5.6% ($99) higher than the national average of $1,775 per month.

How have rent prices in Fernley, NV changed recently?

The average rent in Fernley has increased by 13.2% ($218) in the last month and increased by 4.2% ($75) over the past year.

How competitive is the rental market in Fernley, NV?

The rental market in Fernley, NV, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Fernley, NV?

In Fernley, NV, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Fernley, NV?

There are currently 6 rental properties available in Fernley, NV.

Can I afford to rent an apartment in Fernley, NV?

Based on the current averages, a household would need an annual income of $55,880 to comfortably afford a 2-bedroom apartment in Fernley.