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Rental Market Trends in Nevada City, CA

Updated July 2026

The average rent in Nevada City, CA is $937/month.

Rent in Nevada City is 44% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$937/month

Average Rent

750 Sq Ft

Average Size

+1%

Change / Year

9

Available Apartments

Nevada City rent varies by unit size and layout:

  • Studio apartments in Nevada City average $883 per month.
  • One-bedroom apartments in Nevada City average $937 per month.
  • Two-bedroom apartments in Nevada City average $1,835 per month.
  • Three-bedroom apartments in Nevada City average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$883/month
600 Sq Ft
One Bedroom
$937/month
750 Sq Ft
Two Bedroom
$1,835/month
992 Sq Ft
View Nevada City Apartments

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

In the past year, rent has increased by 1%, which averages out to $9 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Nevada City, CA

July 2026
$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 $937, you’ll want to make about $3,123 per month or $37,476 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

9 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.

View the Nevada City Area Guide

Apartment Averages

Apartment Communities in Nevada City We Think You'll Love

206 Nevada St

206 Nevada St

206 Nevada St,
Nevada City, CA 95959

3 Beds | $3,950

14052 Wings of Morning Dr

14052 Wings of Morning Dr

14052 Wings of Morning Dr,
Nevada City, CA 95959

Studio | $1,600

12524 Valley View Rd

12524 Valley View Rd

12524 Valley View Rd,
Nevada City, CA 95959

Studio | $1,225

418 Broad St

418 Broad St

418 Broad St,
Nevada City, CA 95959

2 Beds | $2,650

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Frequently Asked Questions

What is the average rent in Nevada City?

The average rent in Nevada City is $937 per month, which is 43.7% lower than the national average of $1,663.

Are rents going up or down in Nevada City?

Rents in Nevada City, CA are increasing, with prices up 1.0% year-over-year and $9 more per month.

What rent range is most common in Nevada City?

In Nevada City, CA, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity