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Home Affordability Calculator Las Vegas, NV — 2026
Median home price in Las Vegas: $420,000. At 6.5% on a 30-year loan with 20% down, the estimated total monthly payment (PITI) is $2,474 — requiring $106,029/year in gross income. Enter your income below for a personalised estimate.
Reviewed for accuracy June 2026 by Gary Sing
Median home price
$420,000
Income needed (annual)
$106,029
Est. monthly PITI
$2,474
Property tax/month
$193
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How much house can you afford in Las Vegas at your salary?
Maximum home price at each income level: 6.5% rate, 30-year term, 20% down payment, no existing debt. Property tax (0.55%) and insurance (0.45%) included in the 28% front-end DTI budget.
| Annual income | Max home price | Max monthly budget | Affords Las Vegas median? |
|---|---|---|---|
| $50,000 | $198,071 | $1,167/mo | ✗ No |
| $75,000 | $297,107 | $1,750/mo | ✗ No |
| $100,000 | $396,143 | $2,333/mo | ✗ No |
| $125,000 | $495,178 | $2,917/mo | ✓ Yes |
| $150,000 | $594,214 | $3,500/mo | ✓ Yes |
| $175,000 | $693,250 | $4,083/mo | ✓ Yes |
| $200,000 | $792,285 | $4,667/mo | ✓ Yes |
Assumes 20% down, 6.5% rate, 30-year term, zero existing monthly debt. Property tax at 0.55% effective rate; insurance estimated at 0.45% annually. PMI required below 20% down — not included here.
Monthly payment breakdown on the median Las Vegas home
$420,000 purchase price with 20% down ($84,000) at 6.5% on a 30-year loan.
Principal & interest (30yr)
$2,124/month on a $336,000 loan at 6.5% over 30 years. Total interest paid over the life of the loan: $428,640.
Property tax (0.55% effective rate)
$193/month ($2,316/year). Nevada's 0.55% effective property tax rate is well below the national average. Combined with no state income tax, Nevada's total tax environment is among the most favourable in the US for homeowners — a genuine ongoing financial advantage.
Homeowners insurance (est.)
$157/month estimated at 0.45% of home value annually. Rates vary significantly by coverage level, age of home, and local risk factors — always get quotes before closing.
Total PITI (monthly)
$2,474/month estimated. Income needed to keep this under 28% of gross monthly income: $106,029/year. Nevada has no state income tax — a meaningful take-home pay advantage.
Las Vegas housing market 2026
Las Vegas saw dramatic appreciation between 2020 and 2022 as California buyers relocated and remote workers moved in. The market has corrected from its peak and stabilised. No state income tax is the primary draw attracting buyers from California and Washington. HOA fees in master-planned communities in Summerlin and Henderson add $100–$400/month to carrying costs beyond what property taxes capture.
Key numbers for Las Vegas buyers
- Median home price: $420,000 (2026 estimate)
- 20% down payment: $84,000
- Loan amount (80% LTV): $336,000
- Monthly P&I at 6.5% / 30yr: $2,124
- Monthly P&I at 6.5% / 15yr: $2,927
- Est. PITI (P&I + tax + insurance): $2,474/month
- Income needed (28% front-end DTI): $106,029/year
- State income tax: None — meaningful take-home pay advantage
Compare home affordability by city
📍 Los Angeles, CA
Median $900,000 · income needed $244,543/yr · 1.09% tax
📍 Chicago, IL
Median $330,000 · income needed $101,614/yr · 2.1% tax
📍 Houston, TX
Median $290,000 · income needed $89,143/yr · 2.09% tax
📍 Phoenix, AZ
Median $400,000 · income needed $102,429/yr · 0.65% tax
📍 Miami, FL
Median $580,000 · income needed $155,143/yr · 0.97% tax
📍 Seattle, WA
Median $740,000 · income needed $195,257/yr · 0.87% tax
📍 Denver, CO
Median $560,000 · income needed $141,171/yr · 0.54% tax
📍 Austin, TX
Median $525,000 · income needed $161,614/yr · 2.1% tax
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Home affordability Las Vegas — frequently asked questions
How much house can I afford in Las Vegas?
On a $100,000 annual income with no other debt, 20% down, and a 6.5% 30-year mortgage, you can afford approximately $396,143 in Las Vegas. The median home price in Las Vegas is $420,000, which requires approximately $106,029/year in gross income using the 28% front-end DTI rule (principal, interest, property tax, and insurance all within 28% of gross monthly income).
What income do I need to buy a home in Las Vegas?
To afford Las Vegas's median home price of $420,000 at 6.5% on a 30-year loan with 20% down, you need approximately $106,029/year in gross income. This assumes the full PITI payment of $2,474/month (P&I $2,124 + property tax $193 + insurance $157) stays within 28% of gross monthly income. Existing debts reduce this buying power further.
What is the median home price in Las Vegas in 2026?
The estimated median home price in Las Vegas in 2026 is approximately $420,000. This varies significantly by neighbourhood — enter the specific purchase price you are evaluating in the calculator above for a personalised estimate.
What are property taxes in Las Vegas?
Las Vegas, NV's effective property tax rate is approximately 0.55%. On a $420,000 home, that is roughly $193/month or $2,316/year in property taxes. Nevada's 0.55% effective property tax rate is well below the national average. Combined with no state income tax, Nevada's total tax environment is among the most favourable in the US for homeowners — a genuine ongoing financial advantage.
Is Las Vegas affordable to buy in 2026?
Las Vegas's median home price of $420,000 requires an annual gross income of approximately $106,029 to qualify under the 28% front-end DTI rule at 6.5% with 20% down. The estimated total monthly payment (PITI) is $2,474/month. Las Vegas saw dramatic appreciation between 2020 and 2022 as California buyers relocated and remote workers moved in.