Real Estate Investing in Tonopah, Nevada

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,711 • Nye County

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Should you buy in Tonopah, NV? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 24.0% of homes vacant — above national norms.
  • Declining values: -0.9% 5-year CAGR — values have moved lower.
  • Elevated poverty: 22.3% poverty rate — can affect rent collection.
  • Lower household income: $35,140 median — tenant affordability is tighter.

What’s happening in Tonopah, NV?

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3.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $163,127
Avg Monthly Rent $1,332
ZIP Codes 1

Investing in Tonopah Real Estate

With a sizable population across 1 ZIPs, Tonopah shows the kind of sluggish fundamentals that keep most out-of-state capital on the sidelines.

Tonopah is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Tonopah at $1,332/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Tonopah — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Pahrump, NV

Tonopah is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Tonopah, NV. Anonymous, moderated, never written by AI.

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Avg Home Value
$163,127
Avg Monthly Rent
$1,332
1% Rule
✗ Below
Landlord Friendly (NV)

📉 Market Crash Risk Index

Based on Pahrump, NV metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Pahrump, NV metro
0
Days to pending
9.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Tonopah, NV

Screen every ZIP in Tonopah

Filter Tonopah’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Tonopah, NV

How viable is house hacking in Tonopah, NV?

House hacking in Tonopah, NV is a challenging. With home values around $163K and rents at $1,332/mo, owner-occupants can offset a meaningful share of PITI.

Are tenants stable in Tonopah, NV?

Working renters make up the core of the Tonopah, NV tenant base. The pool is reasonable for investors targeting long-term holds.

What is the typical vacancy rate in Tonopah, NV?

Tonopah, NV vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What do landlords charge for rent in Tonopah, NV?

Rent in Tonopah, NV is around $1,332/mo. The resulting rent-to-value relationship with $163K pricing is reasonable for most investor models.

Is NV a landlord-friendly state?

The landlord environment in Tonopah, NV is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Community Ratings

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