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ZIP Code · NV

ZIP 89502

Part of Reno, NV
Pop. 46,691·Washoe County·65th most expensive ZIP in Nevada
Median rent (all units)
$1,428/mo
Year-over-Year
+3.7%
Month-over-Month
-4.5%
vs US Median
-$537
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 89502 · $1,428
More affordable than 79% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$17,136/yr
At $1,428/mo median
Location
CityReno
StateNV
CountyWashoe County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 3.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+3.7% YoY, -4.5% 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
$1,181 → $1,428
up 20.9%
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 $1,181 a month. That figure now sits near $1,428, up 20.9% from the 2021 baseline. Census figures show median household income at $65,328 today, compared with $53,180 five years earlier. 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

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Local insights

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About renting in ZIP 89502

Last updated: July 20, 2026

ZIP code 89502 covers Reno, NV. The median rent here is $1,428/mo as of July 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,620/mo.

At 26% of local median household income ($65,328/yr), ZIP 89502 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89502?

As of July 20, 2026, the median monthly rent in ZIP 89502 (Reno, NV) is $1,428. This is based on aggregated data from public sources and community submissions.

How does ZIP 89502 rent compare to the US average?

ZIP 89502's median rent of $1,428/mo is $537 (27%) below the US national median of $1,965/mo.

How does ZIP 89502 compare to other ZIPs in Nevada?

ZIP 89502 is among the more affordable ZIP codes in Nevada, ranking #65 out of 79 ZIPs at $1,428/mo.

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 $57,000/year (~$27/hour full-time) to afford the median rent of $1,428/mo in ZIP 89502. The local median household income is $65,328/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 89502?

Rent in ZIP 89502 has increased 3.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 89502 an affordable place to rent?

ZIP 89502 is considered affordable for renters. At $1,428/mo, rent takes approximately 26% of the local median household income ($65,328/yr). The standard benchmark is 30%. ZIP 89502 falls comfortably within that range.

What percentage of ZIP 89502 residents rent vs. own?

According to Census data, approximately 64.3% of ZIP 89502 households are renters, while 35.7% are owner-occupied. With a majority renter population, ZIP 89502 has a strong rental market.

How does ZIP 89502 compare to the rest of Reno?

ZIP 89502 is more affordable than Reno overall. At $1,428/mo, it's $504 below the Reno citywide median of $1,932/mo.

When was rent data for ZIP 89502 last updated?

Rent data for ZIP 89502 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,428/mo, rent takes ~26% of ZIP 89502's median household income ($65,328/yr). The standard benchmark is 30%.

ZIP 89502 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 89502 (Reno, NV)

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