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These days, finding an affordable place to live in the South Reno area can be challenging. Home prices in South Reno are now at a median cost of $612,071, higher than the Reno average of $553,082.
The average cost of rent is $2,351/mo in South Reno, primarily driven by the current value of real estate in the South Reno area. In South Reno, 45.81% of households rent, and 36.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Reno is $10,119 per month. Households that rent pay about 23.23% of their income on rent here. South Reno’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South Central, Reno, NV: less expensive homes
- East Reno, Reno, NV: less expensive homes
- Midtown, Reno, NV: less expensive homes
- Southwest, Reno, NV: higher priced homes
- Powning Addition, Reno, NV: less expensive homes
- Old Northwest-West University, Reno, NV: less expensive homes
- Northeast, Reno, NV: less expensive homes
- Northwest, Reno, NV: equally priced homes
- Foothill Meadows, Sparks, NV: equally priced homes
- North Valleys, Reno, NV: less expensive homes
Neighborhoods with Similar Populations
- Paerdegat, Brooklyn, NY: higher priced homes
- Inner Richmond, San Francisco, CA: higher priced homes
- Inwood, Manhattan, NY: less expensive homes
- Irving Park, Chicago, IL: less expensive homes
- Kalihi-Palama, Honolulu, HI: higher priced homes
- Kings Bridge, Bronx, NY: less expensive homes
- Kips Bay, Manhattan, NY: higher priced homes
- Wheaton-Glenmont, Wheaton, MD: less expensive homes
- Palms, Los Angeles, CA: higher priced homes
- La Sierra, Riverside, CA: less expensive homes
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