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ZIP Code · NV

ZIP 89503

Part of Reno, NV
Pop. 30,249·Washoe County·40th most expensive ZIP in Nevada
Median rent (all units)
$1,827/mo
Year-over-Year
+0.8%
Month-over-Month
+1.3%
vs US Median
-$138
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 89503 · $1,827
More expensive than 50% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,340
2 BR
$1,680
3 BR
$2,280
4 BR+
$2,650
Research median
$1,680/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
$21,924/yr
At $1,827/mo median
Location
CityReno
StateNV
CountyWashoe County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.8% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 89503 (Reno, NV) is roughly split between renters and owners, skews toward younger working-age adults, 34.4% of residents hold a bachelor's degree or higher.

Population
30,249
Median income
$66,743
Median age
34
Renters
54.4%
Age distribution
12.7%
39.4%
21.5%
15.3%
Under 1812.7%
18–3439.4%
35–5421.5%
55–6411.1%
65+15.3%
Gender
55%
45%
Male55%
Female45%
Race & ethnicity
68.5%
18.1%
White68.5%
Black3.6%
Hispanic18.1%
Asian7.5%
Other2.5%
Education (25+)
25.3%
31.1%
34.4%
No HS diploma9.2%
HS diploma25.3%
Some college31.1%
Bachelor's+34.4%
Housing tenure
45.6%
54.4%
Owner45.6%
Renter54.4%

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

2021 vs 2026

How ZIP 89503 in Reno, NV has changed in 5 years

Rent
$1,541 → $1,827
up 18.6%
Income
$58,678 → $66,743
up 13.7%
Population
30,350 → 30,249
down 0.3%
Renter share
55.5% → 54.4%
-1.1 pts
Bachelor's+
35.1% → 34.4%
-0.7 pts

Rent in ZIP 89503 in Reno, NV has climbed 18.6% since 2021, going from about $1,541 per month to roughly $1,827 today. On the earnings side, the typical household in ZIP 89503 in Reno, NV now reports about $66,743, up from $58,678 in 2021. Rent outpaced income growth by roughly 4.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 89503 in Reno, NV reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 89503

About renting in ZIP 89503

Last updated: July 20, 2026

ZIP code 89503 covers Reno, NV. The median rent here is $1,827/mo as of July 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,680/mo.

At 33% of local median household income ($66,743/yr), ZIP 89503 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89503?

As of July 20, 2026, the median monthly rent in ZIP 89503 (Reno, NV) is $1,827. This is based on aggregated data from public sources and community submissions.

How does ZIP 89503 rent compare to the US average?

ZIP 89503's median rent of $1,827/mo is $138 (7%) below the US national median of $1,965/mo.

How does ZIP 89503 compare to other ZIPs in Nevada?

ZIP 89503 falls in the middle range for Nevada, ranking #40 out of 79 ZIPs at $1,827/mo.

How much income do you need to rent in ZIP 89503?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,827/mo in ZIP 89503. The local median household income is $66,743/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 89503?

Rent in ZIP 89503 has increased 0.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 89503 an affordable place to rent?

ZIP 89503 is considered moderate for renters. At $1,827/mo, rent takes approximately 33% of the local median household income ($66,743/yr). The standard benchmark is 30%. ZIP 89503 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 89503 residents rent vs. own?

According to Census data, approximately 54.4% of ZIP 89503 households are renters, while 45.6% are owner-occupied. With a majority renter population, ZIP 89503 has a strong rental market.

How does ZIP 89503 compare to the rest of Reno?

ZIP 89503 is more affordable than Reno overall. At $1,827/mo, it's $105 below the Reno citywide median of $1,932/mo.

When was rent data for ZIP 89503 last updated?

Rent data for ZIP 89503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,827/mo, rent takes ~33% of ZIP 89503's median household income ($66,743/yr). The standard benchmark is 30%.

ZIP 89503 33%Benchmark 30%
State income taxNone
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Schools nearby

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