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ZIP Code · NV

ZIP 89431

Part of Sparks, NV
Pop. 39,833·Washoe County·52nd most expensive ZIP in Nevada
Median rent (all units)
$1,676/mo
Year-over-Year
+8.6%
Month-over-Month
+3.0%
vs US Median
-$289
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 89431 · $1,676
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,090
1 BR
$1,260
2 BR
$1,580
3 BR
$2,150
4 BR+
$2,510
Research median
$1,580/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,112/yr
At $1,676/mo median
Location
CitySparks
StateNV
CountyWashoe County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.6% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 89431 (Sparks, NV) is roughly split between renters and owners, 15.4% of residents hold a bachelor's degree or higher.

Population
39,833
Median income
$66,592
Median age
35.6
Renters
54.5%
Age distribution
21%
27.7%
28.1%
12.7%
Under 1821%
18–3427.7%
35–5428.1%
55–6410.5%
65+12.7%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
43.6%
48%
White43.6%
Black3.5%
Hispanic48%
Asian5.7%
Education (25+)
22.9%
27.8%
34%
15.4%
No HS diploma22.9%
HS diploma27.8%
Some college34%
Bachelor's+15.4%
Housing tenure
45.5%
54.5%
Owner45.5%
Renter54.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 89431 in Sparks, NV has changed in 5 years

Rent
$1,288 → $1,676
up 30.1%
Income
$54,775 → $66,592
up 21.6%
Population
40,711 → 39,833
down 2.2%
Renter share
54.6% → 54.5%
-0.1 pts
Bachelor's+
14.2% → 15.4%
+1.2 pts
Median age
36.1 → 35.6
-0.5 yrs

The median rent in ZIP 89431 in Sparks, NV stood at $1,288 in 2021 and currently runs about $1,676, reflecting a 30.1% increase over the period. Household income in the area moved from $54,775 to $66,592 across the same window, up 21.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.2% since 2021, moving from about 40,711 residents to roughly 39,833. Reading these numbers side by side helps frame whether current listings in ZIP 89431 in Sparks, NV look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 89431

About renting in ZIP 89431

Last updated: July 20, 2026

ZIP code 89431 covers Sparks, NV. The median rent here is $1,676/mo as of July 2026. A 1-bedroom rents for a median of $1,260/mo. A 2-bedroom rents for a median of $1,580/mo.

At 30% of local median household income ($66,592/yr), ZIP 89431 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89431?

As of July 20, 2026, the median monthly rent in ZIP 89431 (Sparks, NV) is $1,676. This is based on aggregated data from public sources and community submissions.

How does ZIP 89431 rent compare to the US average?

ZIP 89431's median rent of $1,676/mo is $289 (15%) below the US national median of $1,965/mo.

How does ZIP 89431 compare to other ZIPs in Nevada?

ZIP 89431 falls in the middle range for Nevada, ranking #52 out of 79 ZIPs at $1,676/mo.

How much income do you need to rent in ZIP 89431?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,676/mo in ZIP 89431. The local median household income is $66,592/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 89431?

Rent in ZIP 89431 has increased 8.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 89431 an affordable place to rent?

ZIP 89431 is considered moderate for renters. At $1,676/mo, rent takes approximately 30% of the local median household income ($66,592/yr). The standard benchmark is 30%. ZIP 89431 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 89431 residents rent vs. own?

According to Census data, approximately 54.5% of ZIP 89431 households are renters, while 45.5% are owner-occupied. With a majority renter population, ZIP 89431 has a strong rental market.

How does ZIP 89431 compare to the rest of Sparks?

ZIP 89431 is more affordable than Sparks overall. At $1,676/mo, it's $396 below the Sparks citywide median of $2,072/mo.

When was rent data for ZIP 89431 last updated?

Rent data for ZIP 89431 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,676/mo, rent takes ~30% of ZIP 89431's median household income ($66,592/yr). The standard benchmark is 30%.

ZIP 89431 30%Benchmark 30%
State income taxNone
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Public schools near ZIP 89431 (Sparks, NV)

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