Mortgage rates in Nevada
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
Las Vegas is one of the most relocation-driven metros in the West. Below is what buying at Nevada's median price looks like at today's national average rate, plus the local property tax and assistance that actually change your payment.
What a mortgage costs in Nevada
The interest rate on a Nevada mortgage is the same 6.49% national average a lender would quote anywhere — rates are set by the bond market, not by your state. On Nevada's median $492,500 home with 20% down, the mortgage totals $394,000, or about $2,488 a month in principal and interest.
What makes Nevada different is the cost around the loan. Its 0.55% effective property-tax rate adds roughly $226 a month, and homeowners insurance about $185 more — bringing the all-in estimate to $2,898. Those local costs, not the interest rate, are what set Nevada apart. Your own price and down payment will move the number — work backward from your income with the home-price affordability tool.
Getting approved in Nevada
Federal HMDA lending records show Nevada lenders originated 69,682 home loans in 2025 and denied 21,068 applications — an approval rate near 76.8% among decisioned applications, against 76.6% nationwide. See how all 50 states compare in our nationwide approval report, and how Nevada ranks for complaint rankings (5,254 on record).
Shopping for a loan? See the most active mortgage lenders in Nevada, ranked by federal HMDA volume.
Down-payment help in Nevada
You rarely need 20% down. Nevada Housing Division — Nevada's housing finance agency — runs the state's main assistance program: The Home Is Possible program grants up to 4% of the loan amount. Eligibility usually turns on income limits and a homebuyer-education course. Check current terms at Nevada Housing Division, see how a smaller down payment changes your number with the how-much-down calculator, or compare the full state-by-state directory.
Nevada mortgage FAQ
What is the current mortgage rate in Nevada?
As of July 9, 2026, the U.S. average 30-year fixed rate is 6.49%. The note rate itself is set nationally, not by state — a lender prices your Nevada loan the same way it would anywhere, based on your credit, down payment and loan type.
What changes locally is everything around the rate: Nevada's ~0.55% effective property tax, insurance costs, and which assistance programs apply.
What is the monthly payment on a typical Nevada home?
On Nevada's median home price of about $492,500 with 20% down at today's 6.49% average 30-year rate, expect roughly $2,898/month — that's $2,488 principal and interest plus about $226 property tax and $185 insurance. Adjust the numbers for your exact price and down payment in our calculators.
How hard is it to get approved for a mortgage in Nevada?
In 2025, Nevada lenders originated 69,682 home loans and denied 21,068 applications — an approval rate of about 76.8% among decisioned applications, versus 76.6% nationally, according to federal HMDA data. See how every state ranks in our mortgage approval report.
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.