Rentometer, Inc. | Data as of 10/22/2025
Fallon, NV offers a diverse rental market that blends small‑town charm with the convenience of a metro‑type area. Prospective renters can find a mix of single‑family homes and a limited selection of apartments, catering to families, professionals, and students alike. The city’s historic downtown, close proximity to the Lahontan Reservoir, and easy access to Interstate 80 make it an attractive base for outdoor enthusiasts and commuters heading toward Reno or Carson City. Neighborhoods such as the Riverfront District and the Southwest Subdivision provide quiet streets, well‑maintained parks, and convenient access to local schools, shopping centers, and community amenities.
Rental trends in Fallon show that a typical 2‑bedroom house rents in the $1,300‑$1,500 range, while larger 3‑bedroom homes command around the $2,000‑$2,200 bracket. These price points reflect a balanced market where quality housing remains affordable compared to larger Nevada metros. Tenants can expect modern interiors, spacious yards, and the benefit of nearby attractions like the Fallon Naval Air Station museum and the annual Fallon Paiute Festival, which adds cultural vibrancy to the community.
For those seeking a more compact living arrangement, the limited apartment inventory still provides well‑located options near the commercial corridor and public transportation routes. Overall, Fallon’s rental market combines competitive pricing, a variety of housing types, and a welcoming environment that supports a high quality of life for residents looking to settle in this growing Nevada hub.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 2 Bedroom | $1,428 | $1,285 | $1,150 - $1,850 | $1,150 - $1,850 |
| House | 3 Bedroom | $2,037 | $2,050 | $1,600 - $2,600 | $1,800 - $2,300 |
In the current period, the average rent in Fallon, NV was
$1,370 for 2 Bedroom, and
$1,966 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.