Reno, NV housing market

A snapshot of local for-sale and rental listings. Figures describe DoorHunter’s sampled listings in this region, not every home in the city.

Market data as of September 11, 2026

Current figures follow available source cycles. Monthly reports publish on the first of each month when fresh source coverage exists.

Listing and rental snapshot

Seven views of the region, with source coverage kept visible. Unavailable figures stay unavailable.

Select a completed monthly report above to see monthly and annual changes. Comparisons require matching periods and collection scope.

Purchase prices

Asking prices for active sale listings. The middle 50% range runs from the 25th to 75th percentile.

Median listing priceSample: 1,520 listings
$695,000
Middle 50% asking-price range
$552,243 to $935,000
Median price per square footSample: 1,519 listings
$331.54 / sq ft
Monthly price change
Unavailable
Annual price change
Unavailable

Rental prices

Asking rents from a separate active rental cohort. Bedroom groups include only listings with a usable bedroom count.

Median monthly asking rentSample: 351 listings
$2,800
Middle 50% rent range
$2,400 to $3,295
Median monthly rent per square footSample: 347 listings
$1.68 / sq ft
Studio / 1 bedroom
$1,500
2 bedrooms
$1,921
3 bedrooms
$2,698
4 bedrooms
$3,170
5+ bedrooms
$3,708
Monthly rent change
Unavailable
Annual rent change
Unavailable

Rental yields

Gross yield and cap rate use paired asking prices and modeled rents for sale listings. Cap rate deducts modeled operating expenses before financing and capital reserves.

Median estimated cap rateSample: 426 listings
2.94%
Median estimated gross rental yieldSample: 426 listings
5.55%
Monthly rent-to-price ratio
0.40%

Inventory

Counts reflect captured active listings within this region. Changes compare monthly reports with matching collection scope.

Active for-sale listings
1,526
Active rental listings
352
For-sale inventory, monthly change
Unavailable
For-sale inventory, annual change
Unavailable
Rental inventory, monthly change
Unavailable
Rental inventory, annual change
Unavailable

Listing age

Listing age among active for-sale listings with a usable days-on-market value. This is not time to a completed sale.

Median days on marketSample: 520 listings
67.5 days
Share listed more than 30 days
72.31%
Share listed more than 60 days
51.15%
Share listed more than 90 days
44.62%

Sales activity

Captured sales are a partial sample of transactions. Months of supply divides active sale listings by captured sales in the last 30 days; zero sales cannot establish supply.

Captured sales, last 30 days
233
Captured sales, last 90 days
1,176
Median sale price, last 90 daysSample: 1,176 listings
$625,500
Estimated months of supply
6.55 months
30-day absorption rate
15.27%

Underwriting scenarios

Medians of individual for-sale property scenarios using each listing’s own asking price and rent estimate. These are modeled results, not observed investment returns.

Median modeled monthly cash flow
Unavailable
Middle 50% cash-flow range
Unavailable
Median modeled cash-on-cash return
Unavailable
Median debt-service coverage
Unavailable
Median break-even occupancy
Unavailable
Share with positive modeled cash flow
Unavailable

Scenario assumptions: 20.00% down; 7.50% fixed interest for 30 years; 2.00% closing costs; 5.00% of scheduled rent for capital reserves. Management 10.00%, maintenance 5.00%, and vacancy 5.00% of scheduled rent; annual taxes and insurance 1.50% of asking price. No HOA, rehab, or appreciation is assumed. Break-even occupancy above 100% indicates the scenario cannot cover costs at the modeled rent.

Underwriting summaries begin with the next fresh source-cycle snapshot. Earlier reports are not reconstructed from current listings.

Monthly market reports

Each report preserves the last available observation in a completed UTC calendar month, rather than a monthly average. Months without fresh source coverage are left blank.

Monthly listing observations for Reno, NV. Price changes compare consecutive months with matching collection scope.
ReportAsking priceMonthly changeMonthly rentFor saleRentalsEst. cap rate
$695,000Unavailable$2,8001,5263522.94%
$700,000Unavailable$2,7981,2242763.19%

Up to 12 recent reports, with an additional year of history for annual comparisons. Changes require matching region bounds, provider filters, and calculation versions; changes in the listing mix can still affect the result.

How to read these numbers

Price and rent reflect distinct listing cohorts rather than paired properties. Modeled yields and cap rates apply standard operating expense baselines and exclude individual financing, income taxes, and future capital expenditures.

Compare published markets

Current published markets with the closest median asking prices, ordered by proportional price difference. This is a price comparison, not a ranking of investment quality:

  • Boise, ID· $669,900 median listing price · $2,490 median monthly rent
  • Provo, UT· $650,000 median listing price · $1,998 median monthly rent
  • Salt Lake City, UT· $648,930 median listing price · $2,610 median monthly rent
  • Henderson, NV· $565,000 median listing price · $2,350 median monthly rent
  • Denver, CO· $558,990 median listing price · $2,942 median monthly rent

What these medians mean for a rental budget

The price and rent medians describe different listings. Combining them below is a hypothetical sensitivity exercise, not a representative property, observed return, or recommendation.

Using the latest listing snapshot, with source data as of September 11, 2026.

At a $695,000 purchase and $2,800 monthly rent, assume 25% down, a 7.5% fixed mortgage for 30 years, 5% vacancy, operating costs equal to 30% of scheduled rent, and a separate 5% capital reserve. These expense and financing assumptions are illustrative, not measured local costs.

Rent collected after vacancy
$2,660
Operating costs
$840
Capital reserve
$140
Monthly principal and interest
$3,645
Illustrative monthly cash flow
-$1,965

Replace the teaching assumptions with actual taxes, insurance, HOA fees, maintenance, vacancy, and loan terms in the rental property cash flow calculator. This example excludes income taxes, appreciation, and acquisition costs.

Read the complete data methodology · Understand cap rate and cash-on-cash return

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