Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Reno Mortgage Calculator

Estimate your true cost of homeownership in Reno with localized property taxes, insurance, and utility data.

← Back to Reno Hub
Est. Total Monthly Cost
$3,422
P&I Payment$3,006
Taxes & Ins$257
Utilities$160
Also calculate:FHA CalculatorVA Calculator

Next steps

Take this Reno scenario further — you stay anonymous.

Track this scenarioSave it to My Scenarios and watch the rate over timeFind lenders for this scenarioSee top-ranked local lenders and request quotes

Mortgage Details

$594,482
Local Median: $594,482
$118,896 (20%)
%

Used with your down payment to fetch a live, scenario-specific rate.

Local Area Costs

Monthly$3,422

Monthly Breakdown

Principal & Interest
$3,006
Property Taxes
$190
Homeowners Ins.
$67
Utilities
$160

Amortization Schedule

Loan balance and total interest paid over 30 years.

Total Interest
$606,583

Local Housing Facts for Reno

  • ·Median home value: $594,482 (adjusted for current market conditions)
  • ·Est. property taxes: $2,278/yr — pre-loaded from county assessment data
  • ·Homeowners insurance (HO-3): $800/yr — based on local per-$1K premium rates
  • ·Energy utilities: $1,916/yr — sourced from DOE LEAD survey data
  • ·Flood insurance: optional — toggled off by default, estimate based on FEMA risk profile

Frequently Asked Questions

How much are property taxes in Reno?

Based on the local median home value, estimated real estate property taxes in Reno are around $2,278 per year.

What is the average home price in Reno?

The median home value in Reno is currently estimated at $594,482.

How much does homeowners insurance cost in Reno?

For a median priced home, homeowners insurance in Reno averages around $800 annually.

What is the true total cost of owning a home in Reno?

True homeownership costs go beyond principal and interest. In Reno, a typical homeowner with a median-priced home of $594,482 can expect to pay roughly $2,278/yr in property taxes, $800/yr for homeowners insurance, and $1,916/yr in energy utilities. That adds approximately $416 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.