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 $170,834, lower than the Texas average of $235,268.
The average cost of rent is $921/mo in Reno, primarily driven by the current value of real estate in the Reno area. While nearly 42.66% of residents own their homes outright in Reno, 27.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reno is $5,042 per month. Households that rent pay about 18.26% of their income on rent here. Reno's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Sun Valley, TX: equally priced homes
- Paris, TX: less expensive homes
- Blossom, TX: less expensive homes
- Chicota, TX: less expensive homes
- Faulkner, TX: higher priced homes
- Pattonville, TX: less expensive homes
- Biardstown, TX: less expensive homes
- Cavines, TX: less expensive homes
- Powderly, TX: less expensive homes
- Toco, TX: less expensive homes
Cities with Similar Populations
- Dry Prong, LA: equally priced homes
- Epsom, NH: higher priced homes
- Grapeview, WA: higher priced homes
- Albany, IN: less expensive homes
- Yantis, TX: equally priced homes
- Woodburn, IN: less expensive homes
- Weatherly, PA: less expensive homes
- Rock Rapids, IA: higher priced homes
- Rising Fawn, GA: equally priced homes
- Ridgeley, WV: higher priced homes
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