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ZIP Code · NV

ZIP 89501

Part of Reno, NV
Pop. 3,507·Washoe County·52nd most expensive ZIP in Nevada
Median rent (all units)
$1,725/mo
Year-over-Year
+21.5%
Month-over-Month
-0.9%
vs US Median
-$237
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 89501 · $1,725
More affordable than 57% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,240
2 BR
$1,550
3 BR
$2,150
4 BR+
$2,510
Research median
$1,550/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: August 17, 2026

Annual cost
$20,700/yr
At $1,725/mo median
Location
CityReno
StateNV
CountyWashoe County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 21.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+21.5% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 89501 (Reno, NV) is majority renter-occupied, has a large retiree population, has a median income below the national average, 40.6% of residents hold a bachelor's degree or higher.

Population
3,507
Median income
$33,963
Median age
54.5
Renters
77.8%
Age distribution
28.9%
20.7%
21.6%
27.9%
Under 180.9%
18–3428.9%
35–5420.7%
55–6421.6%
65+27.9%
Gender
57.5%
42.5%
Male57.5%
Female42.5%
Race & ethnicity
78.3%
White78.3%
Black8.1%
Hispanic10.6%
Asian2.1%
Other0.9%
Education (25+)
25%
26.9%
40.6%
No HS diploma7.4%
HS diploma25%
Some college26.9%
Bachelor's+40.6%
Housing tenure
22.2%
77.8%
Owner22.2%
Renter77.8%

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

2021 vs 2026

How ZIP 89501 in Reno, NV has changed in 5 years

Income
$37,736 → $33,963
down 10.0%
Population
4,097 → 3,507
down 14.4%
Renter share
76.2% → 77.8%
+1.6 pts
Bachelor's+
36.9% → 40.6%
+3.7 pts
Median age
51.4 → 54.5
+3.1 yrs

Local incomes tracked alongside that move, going from a median of $37,736 in 2021 to $33,963 more recently. The population has contracted by 14.4% since 2021, moving from about 4,097 residents to roughly 3,507. Renters now make up 77.8% of households, compared with 76.2% five years ago. College-educated residents now make up 40.6% of adults here, versus 36.9% in 2021.

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Local insights

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About renting in ZIP 89501

Last updated: August 17, 2026

ZIP code 89501 covers Reno, NV. The median rent here is $1,725/mo as of August 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,550/mo.

At 61% of local median household income ($33,963/yr), ZIP 89501 ranks as expensive compared to the national benchmark of 30%. Rents have increased 21.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89501?

As of August 17, 2026, the median monthly rent in ZIP 89501 (Reno, NV) is $1,725. This is based on aggregated data from public sources and community submissions.

How does ZIP 89501 rent compare to the US average?

ZIP 89501's median rent of $1,725/mo is $237 (12%) below the US national median of $1,962/mo.

How does ZIP 89501 compare to other ZIPs in Nevada?

ZIP 89501 falls in the middle range for Nevada, ranking #52 out of 82 ZIPs at $1,725/mo.

How much income do you need to rent in ZIP 89501?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,725/mo in ZIP 89501. The local median household income is $33,963/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 89501?

Rent in ZIP 89501 has increased 21.5% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 89501 an affordable place to rent?

ZIP 89501 is considered expensive for renters. At $1,725/mo, rent takes approximately 61% of the local median household income ($33,963/yr). The standard benchmark is 30%. ZIP 89501 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 89501 residents rent vs. own?

According to Census data, approximately 77.8% of ZIP 89501 households are renters, while 22.2% are owner-occupied. With a majority renter population, ZIP 89501 has a strong rental market.

How does ZIP 89501 compare to the rest of Reno?

ZIP 89501 is more affordable than Reno overall. At $1,725/mo, it's $242 below the Reno citywide median of $1,967/mo.

When was rent data for ZIP 89501 last updated?

Rent data for ZIP 89501 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
61%
EXPENSIVE

At $1,725/mo, rent takes ~61% of ZIP 89501's median household income ($33,963/yr). The standard benchmark is 30%.

ZIP 89501 61%Benchmark 30%
State income taxNone
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