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Reno, NV Metro

Reno, NV real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 4.3%/yr.

Rent growth

: 3.7%/yr.

Median cap rate

: 2.9%.

Median IRR

: 4.6%.

Median rental home value

: $562,250.

Median rental rate

: $1,592/mo.

Median property tax

: $2,246/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Reno, NV →

Top listings right now

2000 Lousetown Rd, Reno, NV 89521 $730,000· 3 bd· 2 ba
735 Sun Mesa Dr, Sun Valley, NV 89433 $469,990· 3 bd· 0 ba
735 Betty Ln, Incline Village, NV 89451 $681,000· 5 bd· 4.5 ba
1347 Whooping Crane Dr, Sparks, NV 89441 $535,000· 3 bd· 2 ba
7783 Lone Prairie Rd, Reno, NV 89506 $510,000· 4 bd· 2.5 ba
1340 Zurich Ln, Incline Village, NV 89451 $680,000· 3 bd· 1.5 ba
711 Grubbs Well Trl, Dayton, NV 89403 $459,950· 4 bd· 2 ba
HWY 50, DAYTON, NV 89403 $514,950· 5 bd· 0 ba
197 Rose Peak Rd, Dayton, NV 89403 $526,153· 5 bd· 3 ba
7595 Plump Jack Ln, Reno, NV 89506 $475,990· 4 bd· 0 ba
4222 Misty Woods Way, Sparks, NV 89436 $531,990· 4 bd· 0 ba
2193 Eaglehead Dr, Sparks, NV 89436 $495,000· 2 bd· 2 ba
7556 Editor Dr, Reno, NV 89506 $475,990· 4 bd· 2.5 ba
430 La Tray Ct, Sparks, NV 89441 $634,995· 3 bd· 0 ba
521 La Tray Dr, Sparks, NV 89441 $649,000· 3 bd· 3 ba
1625 Painted Rock Trl, Reno, NV 89523 $675,000· 4 bd· 3.5 ba
725 Fairview Blvd Apt 26, Incline Village, NV 89451 $1,590,000· 5 bd· 3 ba
843 Jeffrey St, Incline Village, NV 89451 $1,485,000· 3 bd· 3 ba
930 Fairway Park Dr Unit 34, Incline Village, NV 89451 $1,100,000· 3 bd· 2 ba
696 Bidwell Ct, Incline Village, NV 89451 $1,500,000· 4 bd· 3 ba

ZIP codes in Reno, NV

Rental market data for every ZIP code in this metro area.