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ZIP Code · NV

ZIP 89506

Part of Reno, NV
Pop. 47,046·Washoe County·17th most expensive ZIP in Nevada
Median rent (all units)
$2,076/mo
Year-over-Year
+3.7%
Month-over-Month
-2.0%
vs US Median
+$111
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 89506 · $2,076
More expensive than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,660
2 BR
$2,090
3 BR
$2,840
4 BR+
$3,300
Research median
$2,090/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
$24,912/yr
At $2,076/mo median
Location
CityReno
StateNV
CountyWashoe County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+3.7% YoY, -2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 89506 (Reno, NV) is majority owner-occupied, 21.7% of residents hold a bachelor's degree or higher.

Population
47,046
Median income
$86,396
Median age
35.7
Renters
29.3%
Age distribution
24.7%
24%
25.6%
13.9%
Under 1824.7%
18–3424%
35–5425.6%
55–6411.8%
65+13.9%
Gender
53.1%
46.9%
Male53.1%
Female46.9%
Race & ethnicity
54.5%
31.9%
White54.5%
Black2.8%
Hispanic31.9%
Asian4.6%
Other6.2%
Education (25+)
14.9%
29.5%
34%
21.7%
No HS diploma14.9%
HS diploma29.5%
Some college34%
Bachelor's+21.7%
Housing tenure
70.7%
29.3%
Owner70.7%
Renter29.3%

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

2021 vs 2026

How ZIP 89506 in Reno, NV has changed in 5 years

Rent
$1,678 → $2,076
up 23.7%
Income
$73,608 → $86,396
up 17.4%
Population
44,476 → 47,046
up 5.8%
Renter share
32.9% → 29.3%
-3.6 pts
Bachelor's+
19.5% → 21.7%
+2.2 pts
Median age
34.7 → 35.7
+1.0 yrs

Five years ago, renters in ZIP 89506 in Reno, NV paid around $1,678 a month. That figure now sits near $2,076, up 23.7% from the 2021 baseline. On the earnings side, the typical household in ZIP 89506 in Reno, NV now reports about $86,396, up from $73,608 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 89506 in Reno, NV adding about 2,570 residents over the five-year window, up 5.8% on net. The renter share has eased from 32.9% to 29.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 19.5% to 21.7% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 89506 in Reno, NV reflects that arc in its own way.

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Local insights

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About renting in ZIP 89506

Last updated: July 20, 2026

ZIP code 89506 covers Reno, NV. The median rent here is $2,076/mo as of July 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $2,090/mo.

At 29% of local median household income ($86,396/yr), ZIP 89506 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 89506?

As of July 20, 2026, the median monthly rent in ZIP 89506 (Reno, NV) is $2,076. This is based on aggregated data from public sources and community submissions.

How does ZIP 89506 rent compare to the US average?

ZIP 89506's median rent of $2,076/mo is $111 (6%) above the US national median of $1,965/mo.

How does ZIP 89506 compare to other ZIPs in Nevada?

ZIP 89506 is one of the pricier ZIP codes in Nevada, ranking #17 out of 79 ZIPs tracked at $2,076/mo.

How much income do you need to rent in ZIP 89506?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,076/mo in ZIP 89506. The local median household income is $86,396/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 89506?

Rent in ZIP 89506 has increased 3.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 89506 an affordable place to rent?

ZIP 89506 is considered affordable for renters. At $2,076/mo, rent takes approximately 29% of the local median household income ($86,396/yr). The standard benchmark is 30%. ZIP 89506 falls comfortably within that range.

What percentage of ZIP 89506 residents rent vs. own?

According to Census data, approximately 29.3% of ZIP 89506 households are renters, while 70.7% are owner-occupied. ZIP 89506 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 89506 compare to the rest of Reno?

ZIP 89506 is pricier than Reno as a whole. At $2,076/mo, it's $144 above the Reno citywide median of $1,932/mo.

When was rent data for ZIP 89506 last updated?

Rent data for ZIP 89506 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $2,076/mo, rent takes ~29% of ZIP 89506's median household income ($86,396/yr). The standard benchmark is 30%.

ZIP 89506 29%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 89506 (Reno, NV)

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