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These days, finding an affordable place to live in the Reno area can be challenging. Home prices in Reno are now at a median cost of $143,261, lower than the Georgia average of $324,634.
The average cost of rent is $867/mo in Reno, primarily driven by the current value of real estate in the Reno area. In Reno, 25.03% of households rent, and 76.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $6,227 per month. Households that rent pay about 13.93% of their income on rent here. Reno’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Calvary, GA: equally priced homes
- Whigham, GA: equally priced homes
- Moncrief, GA: higher priced homes
- Cairo, GA: equally priced homes
- Pine Park, GA: higher priced homes
- Attapulgus, GA: less expensive homes
- Havana, FL: higher priced homes
- Hinson, FL: equally priced homes
- Newark, GA: higher priced homes
- Climax, GA: higher priced homes
Cities with Similar Populations
- Seal Cove, ME: higher priced homes
- Jensen, UT: higher priced homes
- Jordan, SC: higher priced homes
- Joyes, KY: higher priced homes
- Jugtown, NC: higher priced homes
- Kappa, IL: higher priced homes
- Kay Bee Heights, TX: higher priced homes
- Kedron, LA: less expensive homes
- Kingdom City, MO: higher priced homes
- Kingsland, AR: less expensive homes
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