Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Northwest area can be challenging. Home prices in Northwest are now at a median cost of $453,386, higher than the Reno average of $399,395.
The average cost of rent is $1,859/mo in Northwest, primarily driven by the current value of real estate in the Northwest area. While nearly 31.69% of residents own their homes outright in Northwest, 33.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Northwest is $8,084 per month. Households that rent pay about 22.99% of their income on rent here. Northwest's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Southwest, Reno, NV: higher priced homes
- Old Northwest-West University, Reno, NV: less expensive homes
- Powning Addition, Reno, NV: less expensive homes
- Midtown, Reno, NV: less expensive homes
- Northeast, Reno, NV: less expensive homes
- South Central, Reno, NV: less expensive homes
- North Valleys, Reno, NV: less expensive homes
- East Reno, Reno, NV: less expensive homes
- South Reno, Reno, NV: less expensive homes
- Foothill Meadows, Sparks, NV: equally priced homes
Neighborhoods with Similar Populations
- Dyker Heights, Brooklyn, NY: higher priced homes
- North Torrance, Torrance, CA: higher priced homes
- Excelsior, San Francisco, CA: higher priced homes
- Ettingville, Staten Island, NY: higher priced homes
- Silver Lake, Los Angeles, CA: higher priced homes
- North San Jose, San Jose, CA: higher priced homes
- Edenvale-Seven Trees, San Jose, CA: higher priced homes
- North Lawndale, Chicago, IL: less expensive homes
- South Dorchester, Boston, MA: higher priced homes
- East Side, Long Beach, CA: higher priced homes
All Local Stats
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