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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 $353,615, higher than the Kansas average of $243,949.
The average cost of rent is $1,088/mo in Reno, primarily driven by the current value of real estate in the Reno area. In Reno, 9.60% of households rent, and 33.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $9,019 per month. Households that rent pay about 12.06% of their income on rent here. Reno’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clinton, KS: less expensive homes
- Tonganoxie, KS: less expensive homes
- Linwood, KS: equally priced homes
- Lenape, KS: higher priced homes
- Grandview, KS: equally priced homes
- Eudora, KS: less expensive homes
- McLouth, KS: less expensive homes
- Jarbalo, KS: higher priced homes
- Williamstown, KS: less expensive homes
- Clearview City, KS: less expensive homes
Cities with Similar Populations
- Little Water, NM: less expensive homes
- Sagrada, MO: less expensive homes
- Sacramento, PA: less expensive homes
- Royalton, IN: higher priced homes
- Magnolia, WI: less expensive homes
- Aberdeen Gardens, WA: equally priced homes
- Mackey, IA: less expensive homes
- Lucas, IA: less expensive homes
- Longview, LA: less expensive homes
- Longtown, TN: less expensive homes
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