Total monthly cost of ownership
Cost to Own a Home in Gardnerville Ranchos, Nevada
A $465,000 home here costs
$3,346per 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 $143,500 a year.
A standard mortgage calculator would have told you $2,535. The real number is $811 higher every month, 32% more than the payment most buyers budget for.
Compare Douglas 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.
Gardnerville Ranchos against Douglas County and Nevada
| Measure | Gardnerville Ranchos | Douglas County |
|---|---|---|
| Median home value | $464,800 | $587,400 |
| Median property tax | $1,862 | $2,649 |
| Effective tax rate | 0.401% | 0.451% |
| Median gross rent | $1,456 | $1,545 |
| Population | 12,185 | 49,624 |
The weather behind that power bill
Gardnerville Ranchos sits in Douglas County, which averages a high of 91.2°F in its hottest month and a low of 18.7°F in its coldest, with 9.34" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 385 cooling and 5,805 heating degree days, which is what sets the $118 electricity line above.
See the full climate breakdown for Douglas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Talk to someone who works this market
These are Gardnerville Ranchos 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 Gardnerville Ranchos every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Gardnerville Ranchos I already own here and may sell
Common questions
How much does it cost to own a home in Gardnerville Ranchos?
A $465,000 home in Gardnerville Ranchos, Nevada costs approximately $3,346 per month with 20% down at 7.24%. That is $2,535 principal and interest, $155 property tax, $81 homeowners insurance, $186 utilities and $388 set aside for maintenance.
What is the property tax rate in Gardnerville Ranchos?
Gardnerville Ranchos has an effective property tax rate of 0.401%, based on a median home value of $464,800 and median real estate taxes of $1,862. That is lower than the Douglas County average of 0.451%.
What is the average home price in Gardnerville Ranchos?
The median owner-occupied home value in Gardnerville Ranchos, Nevada is $464,800, against $587,400 across Douglas County.
Is it cheaper to rent or buy in Gardnerville Ranchos?
Median gross rent in Gardnerville Ranchos is $1,456 a month, against $3,346 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 Gardnerville Ranchos?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Gardnerville Ranchos, Nevada at today's rate takes a household income of roughly $143,500 a year. That covers the full $3,346 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Gardnerville Ranchos, 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.