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Market Snapshot: Finding a room in Fallon, Nevada puts you at the heart of a vibrant community of 9068 residents. With a median age of 33.0, the area has a balanced demographic perfect for young professionals and established renters alike. While the median home value sits at $191,900.00, many newcomers find that sharing a rental—where the median is $1,017.00—is a strategic way to live comfortably on the local median income of $49,785.00.