ZIP Code · NV

ZIP 89502

Part of Reno, NV

Pop. 46,691·Washoe County·64th most expensive ZIP in Nevada

Median rent (all units)

$1,511/mo

Year-over-Year

+8.6%

Month-over-Month

+1.1%

vs US Median

-$421

Reported rents

Rising (Monthly)

Be the first to discuss 89502 rents ↓

Most AffordableMost Expensive

ZIP 89502 · $1,511

More affordable than 72% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,120

1 BR

$1,290

2 BR

$1,620

3 BR

$2,200

4 BR+

$2,560

Research median

$1,620/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 89502 usually run 1% below trend in January and 0.8% above it in September, about $27 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 89502 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Nevada

Rent in ZIP 89502 changed +8.6% over the year to September 2026. Across the 77 Nevada ZIP codes Zillow tracks, the typical change was +2.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 89502 rose 30.1% while median household income rose 44.1% ($45,332 to $65,328). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 89502 is 40.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($65,328) is $1,633 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,620); a 3-bedroom is $2,200.

Rank in Reno

1st cheapest of 10 ZIP codes in Reno.

From Zillow's monthly rent index (ZORI) for ZIP 89502. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,132/yr

At $1,511/mo median

Location

CityReno

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, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 89502 (Reno, NV) is majority renter-occupied, has a median income below the national average, 20% of residents hold a bachelor's degree or higher.

Population

46,691

Median income

$65,328

Median age

34.6

Renters

64.3%

Age distribution

22.6%

28.2%

24.5%

13.6%

Under 1822.6%

18–3428.2%

35–5424.5%

55–6411.1%

65+13.6%

Gender

50.7%

49.3%

Male50.7%

Female49.3%

Race & ethnicity

45.3%

44.2%

White45.3%

Black3.5%

Hispanic44.2%

Asian5.8%

Other1.2%

Education (25+)

19.8%

29.7%

30.4%

20%

No HS diploma19.8%

HS diploma29.7%

Some college30.4%

Bachelor's+20%

Housing tenure

35.7%

64.3%

Owner35.7%

Renter64.3%

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

2021 vs 2026

How ZIP 89502 in Reno, NV has changed in 5 years

Rent

$1,177 → $1,511

up 28.4%

Income

$53,180 → $65,328

up 22.8%

Population

45,840 → 46,691

up 1.9%

Renter share

66.5% → 64.3%

-2.2 pts

Bachelor's+

18.8% → 20%

+1.2 pts

Five years ago, renters in ZIP 89502 in Reno, NV paid around $1,177 a month. That figure now sits near $1,511, up 28.4% from the 2021 baseline. Census figures show median household income at $65,328 today, compared with $53,180 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 89502 in Reno, NV adding about 851 residents over the five-year window, up 1.9% on net. The renter share has eased from 66.5% to 64.3%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 89502

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 89502

About renting in ZIP 89502

Last updated: October 17, 2026

ZIP code 89502 covers Reno, NV. The median rent here is $1,511/mo as of October 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,620/mo.

At 28% of local median household income ($65,328/yr), ZIP 89502 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 89502?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,511/mo in ZIP 89502. The local median household income is $65,328/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 89502?

Rent in ZIP 89502 has risen 8.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 89502?

Asking rents in ZIP 89502 are usually lowest in January, about 1% below their yearly trend, and highest in September, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 89502?

No. From 2019 to 2024, rent in ZIP 89502 rose 30.1% while median household income rose 44.1%, from $45,332 to $65,328. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 89502 compare to other ZIPs in Nevada?

ZIP 89502 is one of the more affordable among Nevada ZIP codes for rent, ranking #64 of 82 at $1,511/mo. Over the year to September 2026, rent in ZIP 89502 changed +8.6%, against a typical +2.0% across the 77 Nevada ZIP codes Zillow tracks.