Fernley, NV

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Fernley short-term rental market based on reliable data.

Listings

6 / 49

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$35,547

Middle-Earners Revenue

Occupancy

81%

Middle-Earners Occupancy

Home Value

$392,554

Median Home Sale Price

Top Earners

$53,089

Top-Earners Revenue

Fernley

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fernley.

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B

Generally Investor friendly

Fernley Regulations

Fernley explicitly permits STRs citywide and offers a straightforward path via an annual transient lodging license, clear tax collection (9% TLT), and monthly filing—without explicit caps or zoning limits. Compliance is reasonable but involves recurring tax reporting, record retention, display rules, and penalties for non-compliance, making it moderately burdensome yet manageable for investors.

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About Fernley

Fernley is a city in Lyon County, Nevada, United States, and part of the Reno–Tahoe-Sparks metropolitan area CSA. The city was incorporated in 2001. The population of the city was 22,895 at the 2020 census, making it the 7th most populous city in Nevada.Fernley was home to the historic and one of the first Amazon.com centers in the world, which has since relocated within the metro area. Naval Air Station (TOPGUN), the U.S. Navy's Naval Strike and Air Warfare Center & TOPGUN training program since 1996, was moved nearby, to Fallon, from Naval Air Station Miramar. The city is home to the Reno-Fernley Raceway, the world's first Tesla Gigafactory 1 that produces battery packs, energy storage and electric vehicle components nearby at the Tahoe Reno Industrial Center, and an under-construction lithium processing plant.

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