Total monthly cost of ownership
Cost to Own a Home in Incline Village, Nevada
A $1,316,000 home here costs
$8,808per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $6,766. The real number is $2,043 higher every month — 30% 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.
Incline Village against Washoe County and Nevada
| Measure | Incline Village | Washoe County |
|---|---|---|
| Median home value | $1,315,700 | $496,600 |
| Median property tax | $6,303 | $2,297 |
| Effective tax rate | 0.479% | 0.463% |
| Median gross rent | $1,963 | $1,507 |
| Population | 9,152 | 491,770 |
The weather behind that power bill
Incline Village sits in Washoe County, which averages a high of 95.2°F in its hottest month and a low of 16.3°F in its coldest, with 7.72" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 805 cooling and 5,702 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Washoe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washoe County
Common questions
How much does it cost to own a home in Incline Village?
A $1,316,000 home in Incline Village, Nevada costs approximately $8,808 per month with 20% down at 6.66%. That is $6,766 principal and interest, $525 property tax, $230 homeowners insurance, $190 utilities and $1,097 set aside for maintenance.
What is the property tax rate in Incline Village?
Incline Village has an effective property tax rate of 0.479%, based on a median home value of $1,315,700 and median real estate taxes of $6,303. That is higher than the Washoe County average of 0.463%.
What is the average home price in Incline Village?
The median owner-occupied home value in Incline Village, Nevada is $1,315,700, against $496,600 across Washoe County.
Is it cheaper to rent or buy in Incline Village?
Median gross rent in Incline Village is $1,963 a month, against $8,808 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 Incline Village — 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.