Real Estate Investing in Washoe County, Nevada

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

21 ZIP codes • Population: 488,477

Should you buy in Washoe County, NV? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

πŸ“ˆ For Investors
WEAK
2.6 / 5 (42/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Washoe County, NV?

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2.6/ 5

Investability

County-wide average

2.0/ 5

Appreciation

2.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $752,503
Avg Monthly Rent $2,155
ZIP Codes 21

Investing in Washoe County Real Estate

Across Washoe County's 21 ZIPs, the picture is tepid β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

clearly Washoe County's β˜…β˜…β˜…β˜†β˜† aggregate rating reflects lackluster investor metrics across the board β€” soft rent growth, soft appreciation, and structural headwinds worth taking seriously.

A 488,477 population and $N/AK household income profile is what makes Washoe a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Washoe County, NV. Anonymous, moderated, never written by AI.

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Property managers serving Washoe County

Manage rentals here? List your business →
Incline Property Management
Incline Village, NV

Incline Property Management has been working with homeowners in the Reno, Carson, and Lake Tahoe region since 1979, specializing in quality second home care, grounds maintenance, home cleaning, inspec summary from their website

HOAShort-term rentals
Unclaimed β€” is this your business? Claim it free

PMI Reno provides residential and commercial property management services, including marketing, tenant screening, rent collection, and maintenance. summary from their website

Single-familySmall multifamilyCommercial
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Real Property Management Corazon offers property management services in Reno, NV. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$752,503
Avg Monthly Rent
$2,155
1% Rule
βœ— Below
Landlord Friendly (NV)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Reno, NV metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
1/2
47 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Washoe County

9 Colleges 33,453 Students 7,241 Off-Campus Renters
B
University of Nevada-Reno
4-Year Public Β· 21,778 students
πŸ“ ~3,549 students rent off-campus
C+
International Academy of Style
Vocational For-Profit Β· 109 students
C+
Truckee Meadows Community College
4-Year Public Β· 10,006 students
πŸ“ ~3,692 students rent off-campus
C
Paul Mitchell the School-Reno
Vocational For-Profit Β· 212 students
C
Milan Institute of Cosmetology-Reno
Vocational For-Profit Β· 243 students
C
Milan Institute-Sparks
Vocational For-Profit Β· 166 students
D
Career College of Northern Nevada
2-Year For-Profit Β· 439 students
D
Nevada System of Higher Education-System Office
4-Year Public Β· 0 students
D
Carrington College-Reno
2-Year For-Profit Β· 500 students

Investor Insight: With 7,241 students living off-campus, Washoe County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Washoe County

ZIP Codes in Washoe County, NV

89436 β˜… β˜… β˜… β˜… β˜…
Sparks
Population 48,221
Avg Home $578,309
Avg Rent $2,268/mo
89502 β˜… β˜… β˜… β˜… β˜…
Reno
Population 45,708
Avg Home $443,188
Avg Rent $1,489/mo
89506 β˜… β˜… β˜… β˜… β˜…
Reno
Population 45,349
Avg Home $460,917
Avg Rent $2,177/mo
89431 β˜… β˜… β˜… β˜… β˜…
Sparks
Population 40,772
Avg Home $407,574
Avg Rent $1,734/mo
89521 β˜… β˜… β˜… β˜… β˜…
Reno
Population 40,537
Avg Home $712,819
Avg Rent $2,477/mo
89523 β˜… β˜… β˜… β˜… β˜…
Reno
Population 37,167
Avg Home $645,081
Avg Rent $2,216/mo
89509 β˜… β˜… β˜… β˜… β˜…
Reno
Population 35,877
Avg Home $690,966
Avg Rent $1,764/mo
89503 β˜… β˜… β˜… β˜… β˜…
Reno
Population 30,740
Avg Home $480,727
Avg Rent $1,840/mo
89511 β˜… β˜… β˜… β˜… β˜…
Reno
Population 30,214
Avg Home $1,134,503
Avg Rent $2,044/mo
89512 β˜… β˜… β˜… β˜… β˜…
Reno
Population 28,133
Avg Home $360,860
Avg Rent $1,664/mo
89434 β˜… β˜… β˜… β˜… β˜…
Sparks
Population 27,798
Avg Home $481,262
Avg Rent $2,111/mo
89433 β˜… β˜… β˜… β˜… β˜…
Sun Valley
Population 23,385
Avg Home $443,555
Avg Rent $2,684/mo
89508 β˜… β˜… β˜… β˜… β˜…
Reno
Population 14,595
Avg Home $488,982
Avg Rent $2,450/mo
89441 β˜… β˜… β˜… β˜… β˜…
Sparks
Population 13,854
Avg Home $709,031
Avg Rent $2,900/mo
89451 β˜… β˜… β˜… β˜… β˜…
Incline Village
Population 9,165
Avg Home $1,487,294
Avg Rent $4,064/mo
89519 β˜… β˜… β˜… β˜… β˜…
Reno
Population 8,718
Avg Home $902,406
Avg Rent $2,106/mo
89501 β˜… β˜… β˜… β˜… β˜…
Reno
Population 3,641
Avg Home $420,873
Avg Rent $1,725/mo
89439 β˜… β˜… β˜… β˜… β˜…
Verdi
Population 2,071
Avg Home $827,593
Avg Rent $2,191/mo
89510 β˜… β˜… β˜… β˜… β˜…
Nixon
Population 1,570
Avg Home $792,209
Avg Rent $1,890/mo
89442 β˜… β˜… β˜… β˜… β˜…
Wadsworth
Population 827
Avg Home $412,770
Avg Rent $1,395/mo
89402 β˜… β˜… β˜… β˜… β˜…
Incline Village
Population 135
Avg Home $2,921,639
Avg Rent $2,070/mo

Screen every market in Washoe County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Washoe County

What is the average home sale price in, NV?

, NV home values average about $753K. That price point suits investors targeting rentals with $2,155/mo in monthly income.

Is the tenant base reliable in, NV?

Tenant quality in, NV ranks as solid. Landlords generally report steady occupancy at market rents of $2,155/mo.

What is it like being a landlord in, NV?

Landlord-friendliness in, NV is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How does, NV stack up against NV overall?

within NV reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Community Ratings

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