Reno
Nevada · Ranked #85 of 102 metros
32Crisis
Median Home Price
🏠$520K
Need $149K income
Median Rent
🔑$2K
Need $64K income
Housing Shortage
📉15,000
units needed
Building Permits
🔨5,000
annual
Median Income
💰$68K
Pop: 490,486
Rent Burden
⚠️35.0%
of renters paying >30%
Price Change (YoY)
📈+3%
Homeownership
🏡55.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Reno | National |
|---|---|---|
| Price-to-Income Ratio | 7.6x | 6.1x |
| Rent Burden | 35.0% | 31.5% |
| Homeownership Rate | 55.5% | 65.5% |
| YoY Price Change | +3% | +3.5% |
| YoY Rent Change | +2% | +2.8% |
| Mortgage Denial Rate | 13.5% | 13.5% |
| Eviction Rate | 5.0% | 3.6% |