Total monthly cost of ownership
Cost to Own a Home in Dayton, Nevada
A $399,000 home here costs
$2,787per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,051. The real number is $736 higher every month — 36% more than the payment most buyers budget for.
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 $122 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
Common questions
How much does it cost to own a home in Dayton?
A $399,000 home in Dayton, Nevada costs approximately $2,787 per month with 20% down at 6.66%. That is $2,051 principal and interest, $143 property tax, $70 homeowners insurance, $190 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 $2,787 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
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.