Rental market snapshot for Reno, Nevada

Reno, Nevada Rental Property Market Overview

Reno, Nevada is a vibrant city located in the western part of the state. According to the US Census, the population of Reno in 2021 is 268,851. The city is known for its casinos, nightlife, and outdoor activities. Reno is home to the University of Nevada, Reno, and is a popular destination for tourists and locals alike. With its diverse population, Reno offers a variety of cultural attractions, restaurants, and entertainment.

The average rent for an apartment in Reno is $2,080. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Reno Nevada | Cost of Living

  • The most expensive ZIP code in Reno is 89523 with an average price of $2,446.
  • The cheapest ZIP code in Reno is 89512 with an average price of $1,487.

Reno ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
189523$2,446
289508$2,349
389521$2,176
489511$2,154
589506$2,045
689519$2,009
789503$1,831
889509$1,773
989502$1,725
1089501$1,592

Live near Reno, Nevada's Top Sights and Attractions

Washoe Golf Course is an 18-hole championship golf course located in the foothills of the Sierra Nevada Mountains. The course offers stunning views of the surrounding landscape, with lush fairways, rolling hills, and towering trees. The course features a variety of challenging holes, including a signature par-3 island green. The course also features a full-service pro shop, practice facilities, and a restaurant.

Pat Baker Park is a popular outdoor recreation area located in Reno, Nevada. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with trout and is a popular spot for fishing. The park also has a disc golf course, basketball courts, and a skate park. The park is surrounded by beautiful views of the Sierra Nevada Mountains, making it a great spot for outdoor activities.

Rancho San Rafael Regional Park is a sprawling park located in Reno, Nevada. It features a variety of outdoor activities, including walking and biking trails, picnic areas, playgrounds, and a botanical garden. The park also has a lake, which is a popular spot for fishing and boating. There are also several sports fields, including baseball, softball, and soccer. The park is also home to the Wilbur D. May Museum, which showcases the history of the area.

Lake Park is a beautiful outdoor attraction located in Reno, Nevada. It features a large lake surrounded by lush green grass and trees, providing a tranquil and peaceful atmosphere. Visitors can enjoy a variety of activities such as fishing, boating, and picnicking. There are also plenty of walking trails, playgrounds, and picnic areas. The park also offers stunning views of the surrounding mountains and the city skyline.

Idlewild Park is a family-friendly amusement park located in Reno, Nevada. It features a variety of rides, including roller coasters, a Ferris wheel, bumper cars, and a carousel. The park also has a variety of carnival games and food stands, as well as a mini-golf course. There is also a large lake with paddle boats and a beach area for swimming. The park is open seasonally from April to October.

Damonte Curti Trail is a scenic hiking trail located in Reno, Nevada. It is a 4.5 mile loop trail that winds through the desert landscape and offers stunning views of the surrounding mountains. The trail is well-maintained and features several benches and picnic tables along the way. It is a popular destination for hikers, bikers, and runners alike. The trail is also home to a variety of wildlife, including lizards, rabbits, and birds.

Sky Vista Trail is a scenic hiking trail located in the foothills of the Sierra Nevada Mountains. The trail is approximately 4 miles long and offers stunning views of the surrounding landscape. Along the trail, visitors can enjoy a variety of wildflowers, wildlife, and native plants. The trail is also popular for its many lookout points, which offer breathtaking views of the surrounding area.

Sierra Sage Golf Course is a picturesque 18-hole golf course located in the foothills of the Sierra Nevada Mountains. The course features rolling hills, lush fairways, and spectacular views of the surrounding mountains. The course is well-maintained and offers a challenging yet enjoyable experience for golfers of all skill levels. The clubhouse features a full-service restaurant and bar, as well as a pro shop and practice facility. The course is open year-round and is a popular destination for locals and visitors alike.

OBrien Ms is a popular tourist attraction in Reno, Nevada. It is a large, multi-level indoor amusement park with a variety of rides, games, and attractions. It features a roller coaster, a Ferris wheel, bumper cars, a carousel, and a variety of other rides. The park also has an arcade, a laser tag arena, and a bowling alley. OBrien Ms is a great place for families to have fun and create lasting memories.

Silver Lake Park is a picturesque outdoor destination located in the foothills of the Sierra Nevada Mountains. It offers a variety of activities for visitors, including fishing, camping, hiking, and picnicking. The park is home to a large lake, which is surrounded by lush green grass and tall trees. There are also several trails that wind through the park, offering stunning views of the surrounding landscape. Visitors can also take advantage of the park's playgrounds, picnic areas, and other amenities.

Reno, Nevada area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Reno compare to other cities in Nevada?

citymedian price
Zephyr Cove$3,350
Incline Village$3,250
Stateline$2,550
Henderson$2,150
Carson City$1,935
Sparks$1,785
Laughlin$1,290

Average household income in Reno area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Reno in 2021 was $67,557. This represents a 41.3% change from 2011 when the median was $47,814.

#categorypercent
0Less than $10,0004.9%
1$10,000 to $14,9993.9%
2$15,000 to $19,9994.4%
3$20,000 to $24,9995.0%
4$25,000 to $29,9994.3%
5$30,000 to $34,9994.4%
6$35,000 to $39,9994.5%
7$40,000 to $44,9994.6%
8$45,000 to $49,9994.6%
9$50,000 to $59,9998.1%
10$60,000 to $74,99910.0%
11$75,000 to $99,99912.5%
12$100,000 to $124,9999.9%
13$125,000 to $149,9996.0%
14$150,000 to $199,9996.7%
15$200,000 or more6.1%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Reno is $2,080.
Made withDataherald