Reno, Nevada.
Typical home $571,562 (+2.0% in a year), asking rent $1,997 (+8.1%). Reno, NV metro.
to buy the typical home at today's mortgage rate — +$1,572 (+110%) since Jan 2020.
- 1 year
- Up $11,112 +2%
- $560,450$571,562 since Sep 2025
- 5 years
- Up $56,256 +11%
- $515,306$571,562 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Reno$3,000
- Nevada$2,313
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 33 years.
Typical home values in Reno, NV rose 2.0% over the past year — faster than the nation's +1.2%.
Asking rents in Reno, NV rose 8.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Reno runs $1,825/mo more than renting one. The gap peaked at $2,041 in Jan 2025.
That is $3,822 a month against $1,997 rent: a $3,000 mortgage payment, plus $210 property tax and $612 insurance & upkeep.
Owning vs renting — Reno
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,822
- Renting$1,997
- Mortgage only$3,000
Property tax · $210/mo 0.44% of value a year — the ACS 2020-2024 median bill over the median home value for Washoe County, NV
Insurance & upkeep · $612/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Reno, Washoe County, Nevada
Reno is a city of 264,165 people in Washoe County. Half its households earn more than $80,760 a year and half less, against $88,096 across Washoe County; 13% of its people live below the poverty line. 50% of its homes are lived in by their owners and 50% are rented. Unemployment in Reno was 3.4% in August 2026, and Washoe County had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Reno is a city with a middle-aged population, on the younger side compared with many older towns. Household incomes run a little below the county's, and homes are about evenly split between owners and renters. Winters are cold, with a fair amount of snow, and summers are hot and dry, with little rain or melted snow over a year.
Work. Most residents work in schools, hospitals and social care, or in restaurants, hotels and entertainment, with many more in professional and business services and in shops. Among the biggest workplaces in Reno are Washoe County Schools, the University of Nevada-Reno and Renown Regional Medical Center. Commutes are short, and unemployment has eased over the past year.
Things to do. In or beside town, the National Automobile Museum and the Nevada Museum of Art are among the best known places to spend an afternoon, and the Reno Arch is a well-known landmark. A short drive away, Sierra Safari Zoo offers a day out with animals. Donner Lake, a reservoir in the mountains, is a longer drive away.
Report a mistake
- 114,322households
- 37%of adults have a degree
- 13%below the poverty line
- 20 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Washoe County had 243,154 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 45° and lows near 27°; warmest in July, with highs near 93° and lows near 61°. About 30 inches of snow and 8 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Reno Weather Office weather station, 3 miles away (NOAA).
Largest workplaces in Reno
- Washoe County SchoolsSchool district5,596FTE
- University of Nevada-RenoUniversity or college4,549
- Renown Regional Medical CenterGeneral hospital3,439FTE
- Circus and Eldorado Joint VentureGaming / hospitality2,310
- City of RenoAdvisory commissions, executive government2,212
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,806
- Hometown HealthHospital and medical service plans, direct, without providing health care services1,393
- International Game TechnologySlot machines manufacturing1,072
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 290 workplaces with 20 or more staff, 43,475 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Earthquakesrelatively high in parts of RenoRelatively moderate
- AvalanchesRelatively moderate
- WildfireRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Reno’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Washoe County and the Reno, NV metro.
Reno home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Reno$571,562
- Nevada$440,739
- United States$366,157
Sellers are cutting prices on about 1 in 4 Reno listings, and the typical home goes pending in 21 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Reno27.45%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Reno21
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Reno1,077
New listings per month
Sellers arriving at the market.
- Reno353
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Reno$568,289
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Reno98.65%
Zip codes with a Reno address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Reno — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Reno
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 89506 | Reno | 47,046 | $2,245 | $458,648 |
| 89502 | Reno | 46,691 | $1,511 | $439,121 |
| 89521 | Reno | 41,859 | $2,457 | $707,736 |
| 89523 | Reno | 37,130 | $2,226 | $635,584 |
| 89509 | Reno | 35,632 | $1,738 | $683,903 |
| 89511 | Reno | 30,956 | $2,208 | $1,120,342 |
| 89503 | Reno | 30,249 | $1,920 | $473,984 |
| 89512 | Reno | 28,030 | $1,651 | $357,108 |
| 89508 | Reno | 14,858 | — | $484,774 |
| 89519 | Reno | 9,110 | $2,230 | $892,760 |
| 89501 | Reno | 3,507 | $1,671 | $417,293 |