Reno, NV Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Reno, NV.

Average buy price
$330.00 / sqft

Typical residential purchase price per square foot.

Average rent
$2.04 / sqft / month

Monthly rent per square foot.

Median home price
$561,583

Estimated median residential sale price.

Median monthly rent
$1,995

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 2.5% over the last 5 years.

Rent price development

Rent prices have increased by about 19.7% over the last 5 years.

Submitted values in Reno

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-06-26 Rent townhouse $1.62 / sqft 1,420 sqft $2,300 North Valleys 89506
2026-06-25 Rent luxury apartment $2.82 / sqft 1,010 sqft $2,848 Downtown Reno 89501
2026-06-21 Rent single-family home $1.55 / sqft 1,900 sqft $2,945 Northwest Reno 89523
2026-06-18 Buy single-family home $314.00 / sqft 2,200 sqft $690,800 Hidden Valley 89502
2026-06-17 Buy townhouse $330.00 / sqft 1,720 sqft $567,600 Verdi Foothills 89523
2026-06-16 Buy multi-family home $289.00 / sqft 2,850 sqft $823,650 University Terrace 89503
2026-06-15 Rent luxury apartment $2.35 / sqft 955 sqft $2,244 South Meadows 89521
2026-06-13 Buy condo $406.00 / sqft 640 sqft $259,840 Riverwalk District 89501
2026-06-12 Rent apartment $1.98 / sqft 1,180 sqft $2,336 South Reno 89521
2026-06-11 Rent condo $2.21 / sqft 700 sqft $1,547 Virginia Lake 89509
2026-06-10 Buy townhouse $381.00 / sqft 1,325 sqft $504,825 Midtown 89509
2026-06-08 Rent loft $2.55 / sqft 880 sqft $2,244 Midtown 89502
2026-06-04 Rent apartment $2.18 / sqft 550 sqft $1,199 West University 89503
2026-06-03 Buy single-family home $385.00 / sqft 2,750 sqft $1,058,750 Southwest Reno 89511
2026-06-03 Buy single-family home $365.00 / sqft 1,850 sqft $675,250 Old Southwest 89509
2026-06-01 Buy condo $301.00 / sqft 1,180 sqft $355,180 South Meadows 89521
2026-05-30 Buy single-family home $230.00 / sqft 2,050 sqft $471,500 Cold Springs 89508
2026-05-30 Buy single-family home $345.00 / sqft 3,100 sqft $1,069,500 Somersett 89523
2026-05-26 Rent townhouse $2.05 / sqft 1,700 sqft $3,485 Galena 89511
2026-05-25 Buy condo $336.00 / sqft 1,025 sqft $344,400 Virginia Lake 89509
2026-05-22 Buy condo $341.00 / sqft 1,450 sqft $494,450 Lakeridge 89519
2026-05-22 Rent apartment $1.86 / sqft 790 sqft $1,469 Mira Loma 89502
2026-05-19 Rent apartment $2.50 / sqft 760 sqft $1,900 Midtown 89509
2026-05-18 Rent luxury apartment $2.45 / sqft 1,100 sqft $2,695 Caughlin Ranch 89519
2026-05-17 Buy single-family home $317.00 / sqft 1,980 sqft $627,660 Northwest Reno 89523
2026-05-16 Rent condo $1.95 / sqft 980 sqft $1,911 Hidden Valley 89502
2026-05-11 Rent single-family home $1.38 / sqft 2,000 sqft $2,760 Cold Springs 89508
2026-05-11 Rent single-family home $1.62 / sqft 2,150 sqft $3,483 Double Diamond 89521
2026-05-10 Rent condo $2.02 / sqft 900 sqft $1,818 Old Northwest 89503
2026-05-09 Buy luxury single-family home $441.00 / sqft 4,200 sqft $1,852,200 Galena 89511
2026-05-09 Buy single-family home $323.00 / sqft 2,400 sqft $775,200 Damonte Ranch 89521
2026-05-08 Rent apartment $1.55 / sqft 830 sqft $1,287 Stead 89506
2026-05-07 Rent apartment $1.95 / sqft 675 sqft $1,316 Keystone 89503
2026-05-03 Rent duplex $1.72 / sqft 1,250 sqft $2,150 Donner Springs 89502
2026-05-01 Rent single-family home $1.87 / sqft 2,300 sqft $4,301 Somersett 89523
2026-04-25 Buy condo $372.00 / sqft 860 sqft $319,920 Midtown East 89502
2026-04-23 Rent condo $2.10 / sqft 1,225 sqft $2,573 Lakeridge 89519
2026-04-23 Buy luxury single-family home $475.00 / sqft 3,850 sqft $1,828,750 ArrowCreek 89511
2026-04-22 Buy single-family home $295.00 / sqft 1,735 sqft $511,825 Donner Springs 89502
2026-04-22 Buy single-family home $268.00 / sqft 1,780 sqft $477,040 North Valleys 89506
2026-04-21 Rent apartment $2.75 / sqft 620 sqft $1,705 Downtown Reno 89501
2026-04-20 Buy condo $249.00 / sqft 720 sqft $179,280 Northeast Reno 89512
2026-04-19 Buy loft $390.00 / sqft 970 sqft $378,300 Downtown Reno 89501
2026-04-18 Buy townhouse $354.00 / sqft 1,650 sqft $584,100 Caughlin Ranch 89519
2026-04-11 Buy duplex $302.00 / sqft 2,100 sqft $634,200 Old Northwest 89503
2026-04-11 Rent apartment $2.65 / sqft 480 sqft $1,272 West University 89503
2026-04-09 Rent townhouse $1.84 / sqft 1,600 sqft $2,944 Damonte Ranch 89521
2026-04-08 Buy townhouse $325.00 / sqft 1,485 sqft $482,625 Double Diamond 89521
2026-04-07 Buy single-family home $255.00 / sqft 1,560 sqft $397,800 Stead 89506
2026-04-06 Rent duplex $2.13 / sqft 1,150 sqft $2,450 Old Southwest 89509
2025-08-15 Rent condo $2.19 / sqft / month 960 sqft $2,102 Virginia Lake 89509
2025-05-22 Buy single-family home $326.00 / sqft 1,940 sqft $632,440 North Valleys 89506
2024-11-20 Rent apartment $2.08 / sqft / month 835 sqft $1,737 Keystone 89503
2024-04-16 Buy condo $352.00 / sqft 1,020 sqft $359,040 Midtown 89502
2023-10-05 Rent single-family home $1.72 / sqft / month 2,160 sqft $3,715 Northwest Reno 89523
2023-07-11 Buy townhouse $337.00 / sqft 1,620 sqft $545,940 Lakeridge 89519
2022-12-09 Rent luxury apartment $2.42 / sqft / month 1,080 sqft $2,614 Downtown Reno 89501
2022-05-19 Buy luxury single-family home $409.00 / sqft 3,900 sqft $1,595,100 ArrowCreek 89511
2021-09-28 Rent townhouse $1.83 / sqft / month 1,450 sqft $2,654 Damonte Ranch 89521
2021-06-04 Buy single-family home $318.00 / sqft 2,320 sqft $737,760 Double Diamond 89521
2020-10-13 Rent apartment $1.79 / sqft / month 760 sqft $1,360 Midtown 89509
2020-07-24 Buy single-family home $272.00 / sqft 2,010 sqft $546,720 Old Southwest 89509
2019-12-06 Rent single-family home $1.51 / sqft / month 1,850 sqft $2,794 Donner Springs 89502
2019-05-06 Buy condo $259.00 / sqft 930 sqft $240,870 Riverwalk District 89501
2018-09-17 Rent condo $1.62 / sqft / month 980 sqft $1,588 South Meadows 89521
2018-06-12 Buy single-family home $248.00 / sqft 2,160 sqft $535,680 Somersett 89523
2017-11-21 Rent duplex $1.48 / sqft / month 1,180 sqft $1,746 Old Southwest 89509
2017-04-28 Buy single-family home $232.00 / sqft 1,880 sqft $436,160 Hidden Valley 89502
2016-10-07 Rent apartment $1.43 / sqft / month 680 sqft $972 West University 89503
2016-07-13 Buy townhouse $214.00 / sqft 1,510 sqft $323,140 Caughlin Ranch 89519
2015-12-18 Rent luxury apartment $1.55 / sqft / month 910 sqft $1,411 Downtown Reno 89501
2015-05-04 Buy single-family home $197.00 / sqft 2,450 sqft $482,650 Galena 89511
2014-09-09 Rent single-family home $1.26 / sqft / month 1,710 sqft $2,155 Stead 89506
2014-06-26 Buy condo $178.00 / sqft 845 sqft $150,410 Midtown 89509
2013-11-14 Rent townhouse $1.21 / sqft / month 1,290 sqft $1,561 Double Diamond 89521
2013-03-11 Buy single-family home $163.00 / sqft 2,210 sqft $360,230 Damonte Ranch 89521
2012-08-23 Rent apartment $1.18 / sqft / month 740 sqft $873 Virginia Lake 89509
2012-05-17 Buy single-family home $146.00 / sqft 2,050 sqft $299,300 Northwest Reno 89523
2011-12-02 Rent condo $1.09 / sqft / month 860 sqft $937 Hidden Valley 89502
2011-06-08 Buy townhouse $128.00 / sqft 1,340 sqft $171,520 Lakeridge 89519
2010-10-15 Rent duplex $1.02 / sqft / month 1,125 sqft $1,148 Old Northwest 89503
2010-04-21 Buy single-family home $116.00 / sqft 1,980 sqft $229,680 South Meadows 89521
2009-09-03 Rent apartment $0.96 / sqft / month 690 sqft $662 Downtown Reno 89501
2009-05-29 Buy condo $104.00 / sqft 900 sqft $93,600 Northeast Reno 89512
2008-11-19 Rent single-family home $1.01 / sqft / month 1,550 sqft $1,566 Donner Springs 89502
2008-08-14 Buy single-family home $139.00 / sqft 1,720 sqft $239,080 North Valleys 89506
2007-10-26 Rent condo $1.12 / sqft / month 1,010 sqft $1,131 Midtown 89509
2007-05-16 Buy duplex $165.00 / sqft 2,160 sqft $356,400 Wells Avenue 89502
2006-12-01 Rent apartment $1.08 / sqft / month 620 sqft $670 West University 89503
2006-04-07 Buy single-family home $201.00 / sqft 1,990 sqft $399,990 Caughlin Ranch 89519
2005-09-22 Rent townhouse $1.14 / sqft / month 1,280 sqft $1,459 Double Diamond 89521
2005-06-02 Buy luxury single-family home $214.00 / sqft 3,440 sqft $736,160 ArrowCreek 89511
2004-10-18 Rent single-family home $1.03 / sqft / month 1,640 sqft $1,689 Stead 89506
2004-07-09 Buy single-family home $178.00 / sqft 1,840 sqft $327,520 Somersett 89523
2003-12-12 Rent apartment $1.02 / sqft / month 760 sqft $775 Virginia Lake 89509
2003-05-21 Buy condo $152.00 / sqft 780 sqft $118,560 Riverwalk District 89501
2002-09-27 Rent condo $0.97 / sqft / month 940 sqft $912 Mira Loma 89502
2002-06-18 Buy single-family home $144.00 / sqft 2,100 sqft $302,400 Galena 89511
2001-11-05 Rent duplex $0.91 / sqft / month 1,040 sqft $946 Plumas 89509
2001-03-23 Buy townhouse $131.00 / sqft 1,360 sqft $178,160 South Meadows 89521
2000-08-29 Rent apartment $0.88 / sqft / month 700 sqft $616 University Ridge 89503
2000-04-14 Buy single-family home $122.00 / sqft 1,880 sqft $229,360 Damonte Ranch 89521
1999-12-17 Rent single-family home $0.79 / sqft / month 1,520 sqft $1,201 Hidden Valley 89502
1999-05-07 Buy condo $112.00 / sqft 920 sqft $103,040 Old Southwest 89509
1998-10-20 Rent townhouse $0.82 / sqft / month 1,120 sqft $918 Caughlin Ranch 89519
1998-06-03 Buy single-family home $107.00 / sqft 1,760 sqft $188,320 Northwest Reno 89523
1997-09-11 Rent apartment $0.75 / sqft / month 540 sqft $405 Northeast Reno 89512
1997-02-14 Buy duplex $92.00 / sqft 1,840 sqft $169,280 Old Northwest 89503
1996-08-30 Rent condo $0.78 / sqft / month 850 sqft $663 Midtown 89509
1996-04-25 Buy single-family home $96.00 / sqft 2,020 sqft $193,920 Southwest Reno 89511
1995-12-08 Rent single-family home $0.68 / sqft / month 1,380 sqft $938 North Valleys 89506
1995-07-19 Buy townhouse $89.00 / sqft 1,180 sqft $105,020 Lakeridge 89519
1994-10-28 Rent apartment $0.72 / sqft / month 720 sqft $518 Downtown Reno 89501
1994-05-12 Buy single-family home $81.00 / sqft 1,660 sqft $134,460 Virginia Lake 89509
1993-11-16 Rent duplex $0.66 / sqft / month 980 sqft $647 Wells Avenue 89502
1993-06-22 Buy condo $73.00 / sqft 810 sqft $59,130 Northeast Reno 89512
1992-09-04 Rent apartment $0.61 / sqft / month 650 sqft $397 West University 89503
1992-03-18 Buy single-family home $68.00 / sqft 1,420 sqft $96,560 Donner Springs 89502

Housing market overview for Reno, NV

The real estate market in Reno, NV can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $330.00 / sqft and an average rent of $2.04 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Reno?

The average residential buy price in Reno, NV is $330.00 / sqft based on the current values available on this page.

How much is rent per square foot in Reno?

The average rental price in Reno, NV is $2.04 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Reno increasing?

Buy prices have increased by about 2.5% over the last 5 years. Rent prices have increased by about 19.7% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.