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Reno, NV
Full City Profile · Nevada · Storey County County
3.0
/5.0
B
Good
268,959
Population
2,468/sq mi density
$78,448
Median Income
$45,180 per capita
$498,600
Home Value
$559,591 Zillow
$1,453
Median Rent
30.5% income on rent
52°F
Avg Temperature
333 sunny days/yr
558
Violent Crime/100K
2,101 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$78,448 median income, 3.4% unemployment
B
Affordability
3.1 / 5.0
$498,600 home value, $1,453/mo rent
F
Safety
1.0 / 5.0
558 violent crimes/100K (47% above avg)
B+
Education
3.9 / 5.0
35.7% bachelor's degree or higher
Housing Overview
Median Home Value
$498,600
77% above
US avg: $281,900
Median Rent
$1,453/mo
25% above
US avg: $1,163/mo
Homeownership Rate
49.4%
24% below US avg (65.4%)
Total Housing Units
117,569
Median year built: 1989
Home Value by Source
Census Median
$498,600
Zillow (ZHVI)
$559,591
Median Sale Price
$579,900
Median List Price
$545,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.4%
Owner-Occupied
50.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,056/mo
1 Bedroom
$1,135/mo
2 Bedroom
$1,428/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,352/mo
Census median rent:
$1,453/mo
· Zillow rent:
$1,830/mo
Market Indicators (Redfin)
Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
211
Price Drops
21.2%
of listings with price reduction
Price Per Sq Ft
$319
Active Inventory
659
homes for sale
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
49.4%
Complete Housing Data
Home Values
| Census Median Value | $498,600 |
| Zillow Home Value (ZHVI) | $559,591 |
| Median Sale Price | $579,900 |
| Median List Price | $545,000 |
| Price Per Sq Ft | $319 |
Rent
| Census Median Rent | $1,453 |
| Zillow Rent (ZORI) | $1,830 |
| FMR Studio | $1,056 |
| FMR 1-Bedroom | $1,135 |
| FMR 2-Bedroom | $1,428 |
| FMR 3-Bedroom | $1,941 |
| FMR 4-Bedroom | $2,352 |
Market
| Days on Market | 74 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.2% |
| Homes Sold | 211 |
| Active Inventory | 659 |
| Price Per Sq Ft | $319 |
Ownership & Stock
| Owner-Occupied | 49.4% |
| Renter-Occupied | 50.6% |
| Homeownership Rate | 49.4% |
| Total Housing Units | 117,569 |
| Median Year Built | 1989 |
| Rent Burden | 30.5% |