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 $180,800, lower than the Minnesota average of $269,934.
The average cost of rent is $625/mo in Reno, primarily driven by the current value of real estate in the Reno area. While nearly 49.86% of residents own their homes outright in Reno, 17.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $5,238 per month. Households that rent pay about 11.93% of their income on rent here. Reno's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Freeburg, MN: equally priced homes
- Genoa, WI: higher priced homes
- Victory, WI: less expensive homes
- Brownsville, MN: equally priced homes
- New Albin, IA: less expensive homes
- Romance, WI: equally priced homes
- Eitzen, MN: equally priced homes
- Stoddard, WI: higher priced homes
- Caledonia, MN: less expensive homes
- DeSoto, WI: less expensive homes
Cities with Similar Populations
- Olympus Heights, CO: higher priced homes
- Osnabrock, ND: less expensive homes
- Orinda Village, CA: higher priced homes
- Orange Heights, FL: less expensive homes
- Oramel, NY: less expensive homes
- Oquossoc, ME: higher priced homes
- Opolis, KS: higher priced homes
- Onycha, AL: less expensive homes
- Ono, WI: higher priced homes
- Otsdawa, NY: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood