Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Reno city, Nevada?
City · Census ACS 5-Year estimates
The median gross rent in Reno city, Nevada is $1,556/month (±$30), based on Census ACS 5-Year estimates (2024). The median home value is $548,300 (±$9,516), and the median household income is $80,760/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Reno city, Nevada
| Metric | Value |
|---|---|
| Median Gross Rent | $1,556 |
| Median Home Value | $548,300 |
| Median Household Income | $80,760 |
| Total Housing Units | 114,322 |
| Renter-Occupied Units | 57,365 |
| Renter-Occupied Share | 50% |
| Households Paying 50%+ Income | 13,411 households |
How does Reno city, Nevada compare?
Median gross rent ranked against all cities in Nevada.
Higher rent than 68% of cities in Nevada · 22th of 66
| # | City | Value |
|---|---|---|
| 1 | Indian Springs CDP | $2,589 |
| 2 | Summerlin South CDP | $2,509 |
| 3 | Topaz Lake CDP | $2,217 |
| … 18 more … | ||
| 22 | Reno city(you are here) | $1,556 |
| … 41 more … | ||
| 64 | Cal-Nev-Ari CDP | $587 |
| 65 | Nixon CDP | $586 |
| 66 | Owyhee CDP | $524 |
More data for Reno city, Nevada
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Frequently asked questions
What is the average rent in Reno city, Nevada?
The median gross rent in Reno city, Nevada is $1,556/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Reno city, Nevada?
The median rent for a 2-bedroom in Reno city, Nevada is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Reno city, Nevada?
The median home value in Reno city, Nevada is $548,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Reno city are rent-burdened?
In Reno city, Nevada, 13,411 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Reno city, Nevada?
The median household income in Reno city, Nevada is $80,760/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,556 has a margin of error of ±$30. In very small areas, MOEs can be large relative to the estimate.
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