Rent to own Homes in Fernley, NV
Located in Nevada's Lyon County, just 25 miles east of Reno, Fernley is home to a residential community of just under 20,000 people. The town, which lies along the Lincoln Highway, was established in 1904 as a ranching community. Although perhaps best known for its 750,000 square foot Amazon fulfillment center, the city boasts picturesque views of the Sierra Nevada mountains and easy access to some of the state's most beautiful lakes and natural scenery.
Fernley, NV is a great place for affordable rent-to-own homes! With a median household income of over $66,525 and a median rent of $1,181, the Fernley, NV rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Fernley, NV. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Fernley, NV
Neighborhoods in Fernley, NV
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89408 rent to own homesBuying a Home in Fernley, NV
Fernley, NV is seeing rapid growth and Fernley, NV's' housing market remains not optimal with an average home price that is 18% above the 2025 national average. Fernley, NV is part of Lyon county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2025 for county Lyon is 0.65% which is below the national average, which is 0.99%.
Median Home Price in Fernley, NV
Median Rent in Fernley, NV
5 Reasons to Live in Fernley, NV
Outdoor attractions! Pay a visit to any of the city's 10 parks. Autumn Winds, Eagle's Nest, Ponderosa and Green Valley Park are traditional neighborhood spaces. Town Park features tennis courts, a skate park, baseball diamond and a children's play area. Out of Town Park boasts multi-use fields, seasonal soccer fields, a base stand pavilion and a rodeo arena. Further afield are the Lahontan State Recreation Area and the Fallon National Wildlife Refuge.
Attractive housing market! Around 60 percent of homes in Fernley are owner occupied, and an affordable average house price means home ownership is a realistic possibility. If you're interested in renting or rent to own options, you'll find many of viable options in Fernley. For properties in this price range, take a look at homes on Ben's Way and Canary Circle.
Stay active! As well as ten community parks, Fernley boasts plentiful recreation opportunities. Test your swing at the Desert Lakes Golf Course or enjoy an off-road adventure at the Reno/Fernley Raceway. The Truckee River canal is a popular local fishing spot.
Choice of neighborhoods! Fernley boasts many wide open spaces, so you'll have plenty of elbow room in any of the main neighborhoods. Homes in the City Center neighborhood will place you close to many of the area's amenities, and the high vacancy rate for rental homes gives you plenty of chances to find your perfect digs. If you prefer to have more people around, the lower vacancy rate for homes around Farm District Rd / Cottonwood Lane may be more attractive.
Positive jobs market! Opportunity abounds in Fernley. Along with the Amazon fulfillment center, major employers in the area include the Sherwin Williams Company, UPS Worldwide Logistics and Worldcolor Printing (USA) Corp. The proximity of Reno and Carson City brings even more career options into play.
