Home Price Key
Affordable
Average
Expensive
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 $200,786, higher than the Indiana average of $175,617.
The average cost of rent is $1,115/mo in Reno, primarily driven by the current value of real estate in the Reno area. While nearly 38.70% of residents own their homes outright in Reno, 7.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $7,532 per month. Households that rent pay about 14.80% of their income on rent here. Reno's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Coatesville, IN: equally priced homes
- New Winchester, IN: equally priced homes
- Amo, IN: less expensive homes
- Groveland, IN: less expensive homes
- Springtown, IN: equally priced homes
- Hadley, IN: less expensive homes
- Fillmore, IN: less expensive homes
- Pecksburg, IN: higher priced homes
- Bainbridge, IN: equally priced homes
- Stilesville, IN: less expensive homes
Cities with Similar Populations
- Peters Prairie, TX: less expensive homes
- Raccoon Island, OH: less expensive homes
- Pine Hurst Park, NC: higher priced homes
- Pine Glen, PA: less expensive homes
- Piedra, CO: higher priced homes
- Pidcoke, TX: equally priced homes
- Pickwick, MS: less expensive homes
- Philip Junction, SD: less expensive homes
- Phelps, IL: higher priced homes
- Radium Springs, NM: equally priced homes
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