Reno, NV

Metro area in Nevada · Updated Jan 2026

12-Month Forecast ↑ +0.4%

Median Home Value

$550,735

↓ -0.4%

Year-over-year

Median Rent

$1,902/mo

↑ +6.0%

Year-over-year

Rental Yield

4.1%

Average yield

5-Year Appreciation

+29.0%

Income Needed to Buy

$129,631

20% down, 30% DTI max

Active Listings

1,536

For-sale inventory

Price-to-Rent Ratio

24.1

Favors renting

Price Forecast

1 Month

↑ +0.2%

3 Months

↑ +0.4%

12 Months

↑ +0.4%

5-Year Price Trend

Calculate your mortgage for Reno, NV

See monthly payments for a $550,735 home →

Should you rent or buy in Reno, NV?

Price-to-rent ratio: 24.1x — Renting may be smarter. Run a full breakeven analysis with Reno, NV numbers pre-filled →

Frequently Asked Questions