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Reno city, NV

ZIP 89509 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89509

Median Home Value
$670,700
Median Rent
$1,338
Affordability Snapshot
$185,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,308/mo PITI).

20%
Rent-to-Income Ratio

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

8.2x
Home Price-to-Income Ratio

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

41.8 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 89509 in Reno city, NV, a household would need roughly $185,000 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 $4,308. That is about 126% above the local median household income ($81,751), 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
53.2%-19% vs US avg
x
Vacancy Rate
8.1%-21% vs US avg
x
Broadband Access
87.9%+1% vs US avg
x
4+ Bedrooms
5.7%-62% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
23.4%-53% vs US avg
x
Mortgage-Free
38.4%+0% vs US avg
x
$670,700
Home Value
$1,338
Rent
1975
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached54.9%
  • 1-unit attached5.5%
  • 2-9 units14.8%
  • 10+ units24.5%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$670,700
Median rent$1,338
Owner-occupied53.2%
Vacant8.1%
Price-to-income8.2x
Est. income to buy$185,000