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Reno city, NV

ZIP 89512 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89512

Median Home Value
$318,400
Median Rent
$979
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,045/mo PITI).

26%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

27.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89512 in Reno city, NV, a household would need roughly $88,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,045. That is about 94% above the local median household income ($45,284), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
29.2%-55% vs US avg
x
Vacancy Rate
8.9%-14% vs US avg
x
Broadband Access
79.3%-9% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
5.9%-54% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
24.2%-51% vs US avg
x
Mortgage-Free
47.9%+25% vs US avg
x
$318,400
Home Value
$979
Rent
1981
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached26.8%
  • 1-unit attached4.2%
  • 2-9 units23.9%
  • 10+ units35.4%
  • Mobile home & other9.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$318,400
Median rent$979
Owner-occupied29.2%
Vacant8.9%
Price-to-income7.0x
Est. income to buy$88,000