Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Powning Addition area can be challenging. Home prices in Powning Addition are now at a median cost of $385,814, lower than the Reno average of $399,395.
The average cost of rent is $1,030/mo in Powning Addition, primarily driven by the current value of real estate in the Powning Addition area. While nearly 65.89% of residents own their homes outright in Powning Addition, 75.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Powning Addition is $4,405 per month. Households that rent pay about 23.37% of their income on rent here. Powning Addition's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Midtown, Reno, NV: equally priced homes
- Old Northwest-West University, Reno, NV: less expensive homes
- Southwest, Reno, NV: higher priced homes
- Northeast, Reno, NV: less expensive homes
- South Central, Reno, NV: equally priced homes
- East Reno, Reno, NV: less expensive homes
- Northwest, Reno, NV: higher priced homes
- North Valleys, Reno, NV: less expensive homes
- South Reno, Reno, NV: equally priced homes
- Foothill Meadows, Sparks, NV: higher priced homes
Neighborhoods with Similar Populations
- Mount Auburn, Cincinnati, OH: less expensive homes
- Potomac Yard-Potomac Greens, Alexandria, VA: higher priced homes
- Piqua Historic District, Piqua, OH: less expensive homes
- Parcelas Saint Just, Trujillo Alto, PR: less expensive homes
- Outer Comstock, Syracuse, NY: less expensive homes
- Oakland Ave-Harrison Street, Oakland, CA: higher priced homes
- Oak Park, Overland Park, KS: less expensive homes
- Northpoint, Milwaukee, WI: less expensive homes
- Northgate, College Station, TX: less expensive homes
- North Westchester Meadows, Grand Prairie, TX: less expensive homes
All Local Stats
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