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Rental Market Trends in Nevada City, CA

What is the average rent in Nevada City, CA?

$915/month

Average Rent

750 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of June 2025, the average rent in Nevada City, CA is $915 per month. This is 44% lower than the national average rent of $1,627/month, making renting in Nevada City more affordable than most cities in the US. When you rent an apartment in Nevada City, you can expect to pay about $863 per month for a studio, $915 for a one-bedroom apartment, and around $1,803 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$863/month
600 Sq Ft
One Bedroom
$915/month
750 Sq Ft
Two Bedroom
$1,803/month
992 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Nevada City, CA?

In the past year, rent has increased by 0.7%, which averages out to $7 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Nevada City, CA
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Nevada City, CA
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Nevada City, CA?

Because the average rent in Nevada City is $915, you’ll want to make about $3,050 per month or $36,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Nevada City, CA

11 Available Apartments for Rent

Search for Nearby Apartments

How does Nevada City, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Nevada City, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Nevada City, CA

Apartment Averages

Nearby City Rent Trends

  • Grass Valley Average Rent

Apartment communities in Nevada City we think you'll love

4444 Rock Creek Rd

4444 Rock Creek Rd

4444 Rock Creek Rd,
Nevada City, CA 95959

2 Beds | $1,800

888 Rock Creek Rd

888 Rock Creek Rd

888 Rock Creek Rd,
Nevada City, CA 95959

3 Beds | $2,600

17497 Shoshoni Trail Ct

17497 Shoshoni Trail Ct

17497 Shoshoni Trail Ct,
Nevada City, CA 95959

4 Beds | $3,400

416 N Pine St

416 N Pine St

416 N Pine St,
Nevada City, CA 95959

2 Beds | $2,400

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United States California Nevada City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity