Market Summary

Reno, Washoe County, NV

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Median Home Price Price

$554,496 $554.5K

Median Monthly Rent Rent

$1,677 $1.7K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Washoe County

Region Price Rent GRM Display
$425,700 $1,475 24.0x
$516,948 $2,222 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NV outside of Washoe County

Region Price Rent GRM Display
$444,437 $1,754 21.0x
$345,149 $1,383 21.0x
$466,426 $1,687 23.0x
$427,283 $1,769 20.0x
$495,392 $1,071 39.0x
$367,177 $1,422 22.0x
$486,398 $2,231 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NV

Region Price Rent GRM Display
$480,432 $1,663 24.0x
$559,136 $1,490 31.0x
$596,288 $1,714 29.0x
$644,172 $1,718 31.0x
$510,533 $1,836 23.0x
$537,001 $1,903 23.0x
$339,127 $1,678 17.0x
$750,817 $2,725 23.0x
$417,513 $1,831 19.0x
$387,980 $1,723 19.0x
$568,089 $2,017 24.0x
$605,918 $1,668 30.0x
$421,890 $1,349 26.0x
$697,001 $1,457 40.0x
$630,368 $1,659 32.0x
$607,809 $1,679 30.0x
$387,270 $1,712 19.0x
$527,232 $1,974 22.0x
$421,674 $1,567 22.0x
$344,127 $1,218 23.0x
$431,748 $1,693 21.0x
$555,801 $2,093 22.0x
$357,127 $1,631 18.0x
$632,034 $2,411 22.0x
$473,868 $1,679 24.0x
$358,160 $1,740 17.0x
$603,581 $2,132 24.0x
$476,980 $1,790 22.0x
$540,935 $1,865 24.0x
$532,017 $1,678 26.0x
$731,854 $2,344 26.0x
$345,853 $1,626 18.0x
$545,990 $1,895 24.0x
$485,767 $1,627 25.0x
$443,423 $1,618 23.0x

Home prices

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Monthly rent

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GRM

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Reno

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Trend Insights

Median Rent in Reno, NV is $1,677, with MoM change +$13 and YoY change +$65 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Reno, NV.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Reno, NV
Compare market Select a market
Delta vs base
Median rent
$1,677
N/A
Median price
$554,496
N/A
YoY change
+$65
N/A
Price-to-rent
27.6x
Data unavailable
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