Performance indicators for the Elko short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
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Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
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Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Elko.
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Generally Investor friendly
STRs are explicitly permitted statewide and Elko’s guidance signals a permissive, business‑friendly stance; required steps center on state registration, tax collection, and verifying any city/county business license, fees, or inspections, with no evident caps or prohibitions that would materially deter investment.
Local STR Agent
STR specialist · Elko, NV
Elko (Shoshoni: Natakkoa, "Rocks Piled on One Another") is a city in the U.S. state of Nevada and the county seat of Elko County. As of the official 2020 U.S. Census, the city has a population of 20,564. Elko serves as the center of the Ruby Valley, a region with a population of over 55,000. Elko is 21 miles (34 km) from Lamoille Canyon and the Ruby Mountains, providing year round access to recreation including hiking, skiing, hunting, and more than 20 alpine lakes. The city straddles the Humboldt River. Spring Creek, Nevada, serves as a bedroom community 6 miles (10 km) from the city with a population of 13,805. Elko is the principal city of the Elko Micropolitan Statistical Area, a micropolitan area that covers Elko and Eureka counties. Although a small city, Elko is the largest city for over 130 miles (210 km) in each direction; the city motto states it is "The Heart of Northeast Nevada". Elko is home to Great Basin College, as well as to the National Weather Service Weather Forecast Office serving most of northern and central Nevada.