ZIP Code · NV

ZIP 89451

Part of Incline Village, NV

Pop. 9,285·Washoe County·2nd most expensive ZIP in Nevada

Median rent (all units)

$4,490/mo

Year-over-Year

+8.8%

Month-over-Month

+1.9%

vs US Median

+$2,558

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 89451 · $4,490

More expensive than 98% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,690

1 BR

$1,950

2 BR

$2,450

3 BR

$3,330

4 BR+

$3,860

Research median

$2,450/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 89451 is at its highest level since Zillow's records here began in February 2023.

Past year vs. the rest of Nevada

Rent in ZIP 89451 changed +8.8% over the year to September 2026. Across the 77 Nevada ZIP codes Zillow tracks, the typical change was +2.0%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($166,509) is $4,163 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,860).

Cheaper nearby

ZIP 89703, 7 miles away, rents for 52% less ($2,155/mo), about $28,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 89451. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$53,880/yr

At $4,490/mo median

Location

CityIncline Village

StateNV

CountyWashoe County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.8% YoY, +1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 89451 (Incline Village, NV) is majority owner-occupied, has a large retiree population, has a median income above the national average, 65.7% of residents hold a bachelor's degree or higher.

Population

9,285

Median income

$166,509

Median age

47.8

Renters

28.9%

Age distribution

17.9%

14.2%

29.7%

16.4%

21.8%

Under 1817.9%

18–3414.2%

35–5429.7%

55–6416.4%

65+21.8%

Gender

51.2%

48.8%

Male51.2%

Female48.8%

Race & ethnicity

75.7%

20.3%

White75.7%

Hispanic20.3%

Asian1.4%

Other2.2%

Education (25+)

17.4%

65.7%

No HS diploma6.4%

HS diploma10.5%

Some college17.4%

Bachelor's+65.7%

Housing tenure

71.1%

28.9%

Owner71.1%

Renter28.9%

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

2023 vs 2026

How ZIP 89451 in Incline Village, NV has changed in 5 years

Rent

$3,999 → $4,490

up 12.3%

Income

$132,227 → $166,509

up 25.9%

Population

9,493 → 9,285

down 2.2%

Renter share

29.1% → 28.9%

-0.2 pts

Bachelor's+

60% → 65.7%

+5.7 pts

Median age

49.3 → 47.8

-1.5 yrs

The median rent in ZIP 89451 in Incline Village, NV stood at $3,999 in 2023 and currently runs about $4,490, reflecting a 12.3% increase over the period. On the earnings side, the typical household in ZIP 89451 in Incline Village, NV now reports about $166,509, up from $132,227 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 2.2% since 2021, moving from about 9,493 residents to roughly 9,285. College-educated residents now make up 65.7% of adults here, versus 60% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 89451 in Incline Village, NV reflects that arc in its own way.

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About renting in ZIP 89451

Last updated: October 17, 2026

ZIP code 89451 covers Incline Village, NV. The median rent here is $4,490/mo as of October 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,450/mo.

At 32% of local median household income ($166,509/yr), ZIP 89451 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 89451?

To keep rent at or below 30% of gross income, you would need to earn at least $180,000/year (about $87/hour full-time) to afford the median rent of $4,490/mo in ZIP 89451. The local median household income is $166,509/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 89451?

Rent in ZIP 89451 has risen 8.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2023.

How does ZIP 89451 compare to other ZIPs in Nevada?

ZIP 89451 is one of the pricier among Nevada ZIP codes for rent, ranking #2 of 82 at $4,490/mo. Over the year to September 2026, rent in ZIP 89451 changed +8.8%, against a typical +2.0% across the 77 Nevada ZIP codes Zillow tracks.