Performance indicators for the Ely short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Ely.
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Challenging to Investors
STRs are likely permissible but governed by unknown/untested county and state rules, forcing investors to rely on best‑practice assumptions (licensing, taxes, occupancy/quiet‑hour standards) without local code clarity. This ambiguity raises compliance and enforcement risk despite the absence of explicit prohibitions or caps.
Local STR Agent
STR specialist · Ely, NV
Ely (, EE-lee) is the largest city and county seat of White Pine County, Nevada, United States. Ely was founded as a stagecoach station along the Pony Express and Central Overland Route. In 1906 copper was discovered. Ely's mining boom came later than the other towns along US 50. The railroads connecting the transcontinental railroad to the mines in Austin, Nevada and Eureka, Nevada have long been removed, but the railroad to Ely is preserved as a heritage railway by the Nevada Northern Railway and known as the Ghost Train of Old Ely. As of the 2020 census, the population was 3,924.