Property Prices in Reno, NV, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.60 |
| Mortgage as Percentage of Income: | 42.22% |
| Loan Affordability Index: | 2.37 |
| Price to Rent Ratio - City Centre: | 12.82 |
| Price to Rent Ratio - Outside of Centre: | 12.02 |
| Gross Rental Yield (City Centre): | 7.80% |
| Gross Rental Yield (Outside of Centre): | 8.32% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,589.62 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,403.85 $ | |
| Apartment (3 bedrooms) in City Centre | 2,575.50 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,266.54 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 394.45 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 326.25 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,213.24 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.82 |
These data are based on 150 entries in the past 18 months from 25 different contributors.
Last update: July 2024
Sources and References
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