1031 Exchange Reno, Nevada

 

Surrounding metropolitan Area

Reno, Nevada is a part of the Reno, NV metropolitan area, and contains 24 zip codes, including: 89503, 89533, 89521, 89508, 89595, and 89511.

Reno Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Reno, NV metropolitan area was $1,447, which is 58.66% lower than 2014 average rent. This represents a compounded annual growth rate of 9.67%. 2019 vacancy in Reno, NV was 4.40%.

The total population of the city of Reno, NV has grown 11.45% since 2010. As of 2018, the population was 250,998. The median household income of the Reno was $54,916, which is 8.92% lower than the national average.

  • metropolitan area Reno, NV
  • avg rent $1,447
  • rent growth 58.66%
  • vacancy 4.40%
  • median income $54,916
  • population (2018) 250,998
  • population growth 11.45%
  • vs. nat'l avg 8.92%
  • zip codes 89501 89502 89503 89504 89505 89506 89507 89508 89509 89510 89511 89512 89513 89515 89519 89520 89521 89523 89533 89555 89557 89570 89595 89599

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