ZIP Code · NV

ZIP 89523

Part of Reno, NV
Pop. 37,130·Washoe County·15th most expensive ZIP in Nevada
Median rent (all units)
$2,139/mo
Year-over-Year
+8.1%
Month-over-Month
-3.6%
vs US Median
+$174
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 89523 · $2,139
More expensive than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,620
2 BR
$2,040
3 BR
$2,770
4 BR+
$3,220
Research median
$2,040/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
$25,668/yr
At $2,139/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 (+8.1% YoY, -3.6% MoM), not inventory.
Demographics

Who lives here

ZIP 89523 (Reno, NV) is majority owner-occupied, has a large retiree population, has a median income above the national average, 44.9% of residents hold a bachelor's degree or higher.

Population
37,130
Median income
$99,061
Median age
41.5
Renters
39.2%
Age distribution
18.5%
21.3%
24.5%
14%
21.7%
Under 1818.5%
18–3421.3%
35–5424.5%
55–6414%
65+21.7%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
70.7%
14.3%
White70.7%
Black1.9%
Hispanic14.3%
Asian7.7%
Other5.5%
Education (25+)
18.2%
31.9%
44.9%
No HS diploma5%
HS diploma18.2%
Some college31.9%
Bachelor's+44.9%
Housing tenure
60.8%
39.2%
Owner60.8%
Renter39.2%

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

2021 vs 2026

How ZIP 89523 in Reno, NV has changed in 5 years

Rent
$1,848 → $2,139
up 15.7%
Income
$89,448 → $99,061
up 10.7%
Population
35,738 → 37,130
up 3.9%
Renter share
39.8% → 39.2%
-0.6 pts
Bachelor's+
46.2% → 44.9%
-1.3 pts
Median age
40.6 → 41.5
+0.9 yrs

The median rent in ZIP 89523 in Reno, NV stood at $1,848 in 2021 and currently runs about $2,139, reflecting a 15.7% increase over the period. Local incomes tracked alongside that move, going from a median of $89,448 in 2021 to $99,061 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.9% since 2021, moving from about 35,738 residents to roughly 37,130. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 89523 in Reno, NV market of 2021.

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Local insights

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About renting in ZIP 89523

Last updated: July 20, 2026

ZIP code 89523 covers Reno, NV. The median rent here is $2,139/mo as of July 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $2,040/mo.

At 26% of local median household income ($99,061/yr), ZIP 89523 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89523?

As of July 20, 2026, the median monthly rent in ZIP 89523 (Reno, NV) is $2,139. This is based on aggregated data from public sources and community submissions.

How does ZIP 89523 rent compare to the US average?

ZIP 89523's median rent of $2,139/mo is $174 (9%) above the US national median of $1,965/mo.

How does ZIP 89523 compare to other ZIPs in Nevada?

ZIP 89523 is one of the pricier ZIP codes in Nevada, ranking #15 out of 79 ZIPs tracked at $2,139/mo.

How much income do you need to rent in ZIP 89523?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,139/mo in ZIP 89523. The local median household income is $99,061/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 89523?

Rent in ZIP 89523 has increased 8.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 89523 an affordable place to rent?

ZIP 89523 is considered affordable for renters. At $2,139/mo, rent takes approximately 26% of the local median household income ($99,061/yr). The standard benchmark is 30%. ZIP 89523 falls comfortably within that range.

What percentage of ZIP 89523 residents rent vs. own?

According to Census data, approximately 39.2% of ZIP 89523 households are renters, while 60.8% are owner-occupied. ZIP 89523 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 89523 compare to the rest of Reno?

ZIP 89523 is pricier than Reno as a whole. At $2,139/mo, it's $207 above the Reno citywide median of $1,932/mo.

When was rent data for ZIP 89523 last updated?

Rent data for ZIP 89523 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,139/mo, rent takes ~26% of ZIP 89523's median household income ($99,061/yr). The standard benchmark is 30%.

ZIP 89523 26%Benchmark 30%
State income taxNone
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