2026 Affordability Data
Most Affordable Neighborhoods in Reno - 2026 Data
The median home value in Reno is $430,000, 53% above nat'l avg. Median rent is $854/month. We ranked 14 neighborhoods by affordability to help you find the best value in the Reno, NV area.
Key Takeaways: Affordability in Reno
- 1The most affordable neighborhood in Reno is Boulder City, with a median home value of $401,100.
- 2Reno's median home value is $430,000, 53% above nat'l avg (national: $281,900).
- 3Median rent in Reno is $854/month, 27% below nat'l avg (national: $1,163/month).
- 4We analyzed 14 neighborhoods in Reno to find the most affordable areas based on home values, rent, and affordability index.
Reno Affordability Overview
Median Home Value
$430,000
53% above nat'l avg
Median Rent
$854/mo
27% below nat'l avg
Median Income
$57,410
23% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Reno (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Boulder CityNV | $401,100 |
| 2 | CarsonNV | $390,800 |
| 3 | FernleyNV | $328,900 |
| 4 | MesquiteNV | $333,400 |
| 5 | ElkoNV | $275,600 |
| 6 | SparksNV | $423,500 |
| 7 | HendersonNV | $390,000 |
| 8 | North Las VegasNV | $330,000 |
| 9 | Las VegasNV | $350,000 |
| 10 | FallonNV | $234,000 |
| 11 | West WendoverNV | $172,500 |
| 12 | YeringtonNV | $226,400 |
| 13 | WinnemuccaNV | $280,200 |
| 14 | ElyNV | $185,900 |
Detailed Neighborhood Profiles
Home Value: $401,100
Rent: $761/mo
Affordability: 96
Population: 14,868
Home Value: $390,800
Rent: $761/mo
Affordability: 96
Population: 58,249
Home Value: $328,900
Rent: $761/mo
Affordability: 96
Population: 23,035
4
Home Value: $333,400
Rent: $761/mo
Affordability: 96
Population: 20,659
5
Home Value: $275,600
Rent: $761/mo
Affordability: 96
Population: 20,513
6
Home Value: $423,500
Rent: $761/mo
Affordability: 96
Population: 108,025
7
Home Value: $390,000
Rent: $1,009/mo
Affordability: 81
Population: 320,189
Walk Score: 73/100
8
Home Value: $330,000
Rent: $917/mo
Affordability: 74
Population: 262,527
Walk Score: 65/100
9
Home Value: $350,000
Rent: $895/mo
Affordability: 37
Population: 641,903
Walk Score: 94/100
10
Home Value: $234,000
Rent: $1,162/mo
Population: 9,243
11
Home Value: $172,500
Rent: $770/mo
Population: 4,513
12
Home Value: $226,400
Rent: $736/mo
Population: 3,108
13
Home Value: $280,200
Rent: $899/mo
Population: 8,354
14
Home Value: $185,900
Rent: $982/mo
Population: 3,957
Frequently Asked Questions About Affordability in Reno
What is the most affordable neighborhood in Reno, NV?▾
Based on 2026 data, Boulder City is the most affordable neighborhood in Reno with a median home value of $401,100. Kurby analyzed 14 neighborhoods in the Reno area to compile these rankings.
What is the median home price in Reno, NV?▾
The median home price in Reno is $430,000, which is 53% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Reno, NV?▾
The median monthly rent in Reno is $854. This is 27% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Reno?▾
The median household income in Reno is $57,410 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Reno are below the national average home price?▾
6 out of 14 ranked neighborhoods in Reno have a median home value below the national average of $281,900. The most affordable is Elko at $275,600 (Source: Kurby, 2026).