The typical owner-occupied home in Gardnerville is worth about $487,300, 12% above the Nevada median of $435,400 and 46% above the national median of $332,700. Owners pay a median $2,460 a year in property taxes, about 0.50% of their home's value, higher than the Nevada rate of 0.47%. The median household earns $62,267 a year, so the median home costs 7.8 times the median income (5.6 times for Nevada). 52% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Gardnerville at a glance
| Gardnerville | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $487,300 | $435,400 | $332,700 |
| Median property tax paid per year | $2,460 | $2,027 | $3,119 |
| Property tax as a share of value | 0.50% | 0.47% | 0.94% |
| Median household income | $62,267 | $78,260 | $80,734 |
| Homes lived in by their owners | 52% | 60% | 65% |
| Owner homes with a mortgage | 52% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,107 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 26.8% | 22.3% | 21.0% |
| Median rent | $1,241 | $1,597 | $1,413 |
| Rent as a share of renters' income | 42.5% | 33.1% | 30.6% |
| Median year homes were built | 2001 | 1996 | 1980 |
| Vacant homes | 4.5% | 9.3% | 10.1% |
| Population | 5,486 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Gardnerville
At this week's average 30-year rate of 7.11%, buying the median Gardnerville home of $487,300 with 20% down costs about $3,029 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,840, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $129,795 for the 20%-down payment. That payment is 58% of the median Gardnerville household income of $62,267; at that income and 20% down, the 28% guideline points to a home of about $234,000.
The median rent here is $1,241 a month, so owning the median home costs about $1,788 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $97,460 |
|---|---|
| Loan amount | $389,840 |
| Principal and interest | $2,622 |
| Property taxes (0.50% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $203 |
| PMI | $0 |
| Total per month | $3,029 |
Change the numbers in the calculator
| Down payment | $17,056 |
|---|---|
| Loan amount | $478,474 |
| Principal and interest | $3,219 |
| Property taxes (0.50% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $203 |
| FHA mortgage insurance | $216 |
| Total per month | $3,840 |
Change the numbers in the calculator
Questions about home buying in Gardnerville
What is the median home value in Gardnerville?
About $487,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gardnerville?
Homeowners pay a median $2,460 a year, which is about 0.50% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Gardnerville?
For the median home with 20% down at 7.11%, the payment is about $3,029 a month. Keeping that under 28% of gross income takes about $129,795 a year.
More about Gardnerville
- Mortgage Refinance in Gardnerville
- Debt Relief in Gardnerville
- Home Equity Loans in Gardnerville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data