Reno, NV skyline
Kc0616 · CC BY 3.0

ZIP 89704

ZIP 89704 is in the Reno, NV market. Market numbers below; the ZIP's rank is on the map.

Median cap rate
: 2.9%.
Median IRR
: 4.6%.
Median list price
: $798,877.
Appreciation
: 4.3%/yr .
Rent growth
: 3.7%/yr .
Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 89704