Reno, NV · Nevada
Storey County
4,139 residents13 permits TTM$96,000 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$393,100
ACS 5-Year
Cap rate proxy
3.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
12.6%
HUD FMR ÷ ACS HHI
Net migration
+3.17%
IRS SOI
Permits (TTM)
13
Census BPS
Climate risk
25.2
FEMA NRI (0–100)
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 89434 | — | — | — | 5.1% | — |
| 89437 | — | — | — | 3.1% | — |
| 89440 | — | — | — | 3.1% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
97.4%
Census ACS
Vacancy rate
11.3%
Census ACS
Bachelor's degree +
31.6%
Census ACS
Rent burdened
44.9%
Census ACS (>30% income)
Median age
56.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026