Trend of Rental Yield in Elko County, Nevada

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyElko County
Population 201551,562
Population 200946,442
Population % change11.0
Population change rank compared to US317
Population change rank compared to Nevada6
Median Gross Rent 2015895
Median Gross Rent 2009709
Median Gross Rent % change26.2
Median Gross Rent change rank compared to US436
Median Gross Rent change rank compared to Nevada2
Home Value 2015184,600
Home Value 2009169,500
Home Value % change8.9
Home Value change rank compared to US1,449
Home Value change rank compared to Nevada5
Rental Yield 20155.8
Rental Yield 20095.0
Rental Yield % change15.9
Rental Yield change rank compared to US870
Rental Yield change rank compared to Nevada8