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Reno

Learn about the people, housing, costs and businesses in Reno

Median Home$529,752
Median Rent$1,839/month
Population563,020
Leading IndustriesTransportation · Manufacturing · Finance & Insurance3% transportation
Home Value Growth⬆+10.7% over 2 years
Young Adults30% of residentsnear the national average
Homeowners62% of occupied units
NotableHigh Incomes$96k/year · top 18% nationally
NotableVeteran Community8% of residents · top 28% nationally
Reno

Explore Reno

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Reno?›

Mortgage rates for Reno are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Reno?›

The median home value in Reno is $530k. The median monthly rent is $1,839. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reno?›

Home values in Reno have increased 10.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Reno?›

Based on a typical all-in ownership cost of $1,644/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reno is $96k/year.

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What industries drive the economy in Reno?›

The largest employment sectors in Reno are public administration (18%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.