Total monthly cost of ownership
Cost to Own a Home in Dayton, Nevada
A $399,000 home here costs
$2,907per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $124,500 a year.
A standard mortgage calculator would have told you $2,175. The real number is $732 higher every month, 34% more than the payment most buyers budget for.
Compare Lyon County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dayton against Lyon County and Nevada
| Measure | Dayton | Lyon County |
|---|---|---|
| Median home value | $399,400 | $342,600 |
| Median property tax | $1,719 | $1,585 |
| Effective tax rate | 0.430% | 0.463% |
| Median gross rent | $1,279 | $1,259 |
| Population | 15,873 | 60,630 |
The weather behind that power bill
Dayton sits in Lyon County, which averages a high of 93.4°F in its hottest month and a low of 21.8°F in its coldest, with 4.58" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 922 cooling and 5,090 heating degree days, which is what sets the $118 electricity line above.
See the full climate breakdown for Lyon County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lyon County
Talk to someone who works this market
These are Dayton averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Dayton every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dayton I already own here and may sell
Common questions
How much does it cost to own a home in Dayton?
A $399,000 home in Dayton, Nevada costs approximately $2,907 per month with 20% down at 7.24%. That is $2,175 principal and interest, $143 property tax, $70 homeowners insurance, $186 utilities and $333 set aside for maintenance.
What is the property tax rate in Dayton?
Dayton has an effective property tax rate of 0.430%, based on a median home value of $399,400 and median real estate taxes of $1,719. That is lower than the Lyon County average of 0.463%.
What is the average home price in Dayton?
The median owner-occupied home value in Dayton, Nevada is $399,400, against $342,600 across Lyon County.
Is it cheaper to rent or buy in Dayton?
Median gross rent in Dayton is $1,279 a month, against $2,907 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Dayton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dayton, Nevada at today's rate takes a household income of roughly $124,500 a year. That covers the full $2,907 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dayton, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Nevada.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.