Here's what it costs to live in Reno, Nevada, based on the latest US government data. Renters pay a median of $1,556 per month, while the typical home is valued around $548,300. Households earn a median of $80,760 per year, leaving rent at a manageable share of income for many residents. Air quality is moderate, with an average AQI of 54. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$80,760
Median Income / yr
Census ACS
$1,556
Median Rent / mo
Census ACS
$548,300
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,289
HUD · FY2024
1BR Fair Market Rent
$1,489
HUD · FY2024
2BR Fair Market Rent
$1,870
HUD · FY2024
3BR Fair Market Rent
$2,539
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
273,212
Latest estimate
Median Age
37.1 yrs
Census ACS
54.0
Moderate0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
15
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,428
Per month
Avg Home Value
$487,821
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 89431 | — | $1,183 | $303,200 |
| ZIP 89433 | — | $1,154 | $285,600 |
| ZIP 89439 | — | $1,106 | $681,300 |
| ZIP 89501 | — | $1,012 | $376,800 |
| ZIP 89502 | — | $1,156 | $355,900 |
| ZIP 89503 | — | $1,249 | $406,300 |
| ZIP 89506 | — | $1,582 | $357,400 |
| ZIP 89508 | — | $1,848 | $394,300 |
| ZIP 89509 | — | $1,364 | $625,100 |
| ZIP 89511 | — | $1,708 | $841,500 |
Showing top 10 of 15 tracked neighborhoods.
January Avg
36°F
July Avg
76°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.8
poor
Hospitals
5
Doctors per 1,000
1.00
Insurance Coverage
89.4%
The cost of living index for Reno is not yet available.
The median gross rent in Reno is $1,556 per month according to US Census ACS data.
The median household income in Reno is $80,760 per year.
The median home value in Reno is $548,300 based on the latest Census ACS survey.
Reno has an average Air Quality Index (AQI) of 54.0, which is rated "Moderate" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Nevada is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology