Renter's Guide to Reno
This Nevada city has been called, “The Biggest Little City in the World.” It sits in a high desert in the Sierra Nevada Mountains, located near Lake Tahoe. The area is known for casinos, tourism, and a great place for truckers to take a rest stop, but for the residents who live here, Reno is so much more than that.
People in Reno love to get outside. It’s easy to live life entirely separate from the casinos downtown. Local residents live, work, and play in a flat spread of land known as the Truckee Meadows. The Kauffman Foundation named Reno the “Most Entrepreneurial Metropolitan Area per Capita.”
Traveling by car, Reno is just under an hour away from beautiful Lake Tahoe and only 30 minutes away from Mount Rose, a ski resort with 60 runs. Carson City is only 40 minutes away and Los Angeles is an 8 ½ hour drive. Salt Lake City is 8 hours away, yet San Francisco is only 3 ½ hours by car. Reno weather is typically dry and sunny. The area sees an average of 300 days of sunshine per year. There can be some snow in the winter and summers are comfortable, with temperatures usually in the 70’s. Most of the rainfall occurs in the spring and fall, and even then, it doesn’t rain much.
Reno, NV Demographics
- Total Population234,161
Female 118,331Male 115,830
- Median Age35.1
Cost of Living in Reno, NV
Reno has a very manageable cost of living. The average salary is between $44,000 and $53,000 and renting a two-bedroom apartment costs about $900 per month. Utility costs in Reno are very pocket-friendly— they’re 20% below the national average and typically less than $100 per month. Gas is more expensive in Reno than in Las Vegas, but groceries cost less in Reno. A loaf of bread would be about $1.56. Meals in Reno can vary due to the downtown casino scene, but a typical meal for two would average about $30. Public transportation costs are also low in Reno—fare is $2.00 per person and $5.00 for a regular 24-hour pass, or $1.00 and $2.50, respectively, for youth, elderly, or the disabled. Children the age of 5 and under ride for free.
Average Rent in Reno, NV
- Reno, NV Average Rental Price, May 2018$1,096/mo
- 1 Bedroom$968
- 2 Bedrooms$1,193
Reno, NV Apartment Rent Ranges
- < $5001%
- > $2,0002%
Reno, NV Rent Trends
|All rentals||Studio||1 Bed||2 Beds||3 Beds|
|May / 2018||$1,096||$662||$968||$1,193|
|Sept / 2017||$1,123||$654||$1,003||$1,208|
|May / 2017||$1,103||$631||$978||$1,187|
|Jan / 2017||$1,028||$599||$907||$1,111|
|Sept / 2016||$1,014||$598||$890||$1,092|
|May / 2016||$980||$572||$852||$1,059|
|Jan / 2016||$932||$577||$812||$1,002|
|Sept / 2015||$918||$553||$795||$989|
|May / 2015||$892||$523||$765||$970|
|Jan / 2015||$852||$526||$735||$923|
Average rent is projected to grow by 1% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 89501895028950389506895098951189512895198952189523
Living in Reno, NV
Reno isn’t a widely diverse city, but the city does celebrate the uniqueness of its residents with frequent festivals. Some of the more popular festivals in Reno are: Artown, Pride, Celtic, bluegrass, jazz, blues, Greek, and the Reno River festival. Reno’s population is 74% Caucasian, 2.9% African-American, 1.3% Native American, 6.3% Asian and 24.3% is Latino or Hispanic. The city is a great place to live and the suburbs are relatively safe. Close proximity to mountains, rivers, and lakes makes this an outdoors lover’s dream. A downside to living in Reno is the unwelcoming downtown area that isn’t very family-friendly.
Things to do in Reno
Reno is a wonderful place to live for outdoor enthusiasts. It’s close to gorgeous mountain hiking and camping, there are rivers and lakes to visit, plus, it’s close to large cities like San Francisco. The Truckee River is a gift to the city, providing drinking water and also kayaking, whitewater rafting, and fishing access. Tahoe National Forest is a million acres of wooded forests and hiking trails. Have you ever been to a National Bowling Stadium before? This is a one-of-a-kind experience for people who love to bowl! The place has 78 lanes, seats for 1,000 spectators and is 350,000 square feet. Reno hosts the “Great Reno Balloon Race,” each year and the sights don’t disappoint. More than 1,000 hot air balloons take to the sky for three days straight. There are a variety of ski resorts within an hour of Reno which offer skiing, snowboarding, and snowshoeing activities.
As far as sporting events, you can go to sporting events for UNLV or UNR in Reno. There’s also some minor league action with the Triple-A Reno Aces baseball team and the Reno Bighorns, an NBA Development League team. If you’re looking for a good time, stick around the Aces Park for a pre-game or postgame party at the Freight House District, an entertainment hub located in the stadium.
One of the most famous landmarks in Reno is the arches gateway to the city that reads, “Reno: the Biggest Little City in the World.” You can see it entering the street with the largest casinos and hotels. Living in a tourist destination does have its perks—the food is wonderful! The food truck scene has gained momentum in Reno in recent years. Reno is also a great spot to find some craft beers made in town by Basin Brewing Co., Brew Brothers, or Silver Peak.
If museums are your thing, check out the Nevada Museum of Art for their photography and nature-filled exhibits. Also look for the National Automobile Museum—they have more than 200 amazing and rare cars. You can watch a live theater show with Good Luck Macbeth Theatre, Reno Little Theatre, or Bruka Theatre.
Employment and Economy
Reno was the gaming capital of the world in the 1950’s, before Las Vegas began to grow rapidly, as well as gaming on Native American reservations in Northern California. Though casinos and hotels still bring a great deal of revenue for the city, other industries are performing better. The top employers in the area are: Washoe County School District, University of Nevada, Reno, Washoe County, Renown Regional Medical Center, Peppermill Reno, International Game Technology and Silver Legacy Reno. Reno was named one of the “14 Best Startup Cities in America,” by Popular Mechanics.
Reno, NV Households
- Total Number of Households92,283
Family 50,899Non-family 41,384
Children 26,934No Children 65,349
- Average People Per Household2.47
- Median Household Income$47,012
- Median Housing Costs Per Month$940
Education in Reno
Reno, NV Education Statistics
- No High School6%
- Some High School32%
- Some College29%
- Associate Degree7%
- Bachelor Degree17%
- Graduate Degree10%
Tips for Renting in Reno
In Nevada, a landlord must disclose any non-refundable fees and also tell you what the deposit will be used for. Renters have five days to pay rent before the landlord can file for an eviction. Landlords must give 45 days’ notice before raising the rent. The tenant may withhold and ask for a reduction in rent if landlord fails to fix something important, such as a heater. If you are planning on moving to Reno, check out different parts of the city before selecting an apartment and try to visit the area beforehand, as certain areas of Reno are less safe than others.
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