ZIP Code · NV

ZIP 89703

Pop. 10,738·Carson City·20th most expensive ZIP in Nevada
Median rent (all units)
$2,155/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
+$223
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 89703 · $2,155
More expensive than 69% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,240
2 BR
$1,550
3 BR
$2,150
4 BR+
$2,510
Research median
$1,550/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($85,230) is $2,131 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,550); a 3-bedroom is $2,150.

From Zillow's monthly rent index (ZORI) for ZIP 89703. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,860/yr
At $2,155/mo median
Location
StateNV
CountyCarson City
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 (+0.0% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 89703 (Carson City, NV) is majority owner-occupied, has a large retiree population, 43.3% of residents hold a bachelor's degree or higher.

Population
10,738
Median income
$85,230
Median age
52.8
Renters
27.5%
Age distribution
16%
14.9%
21.7%
18.1%
29.2%
Under 1816%
18–3414.9%
35–5421.7%
55–6418.1%
65+29.2%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
84.4%
White84.4%
Black0.9%
Hispanic7.8%
Asian3%
Other3.9%
Education (25+)
17.7%
34.8%
43.3%
No HS diploma4.1%
HS diploma17.7%
Some college34.8%
Bachelor's+43.3%
Housing tenure
72.5%
27.5%
Owner72.5%
Renter27.5%

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

2021 vs 2026

How ZIP 89703 in Carson City, NV has changed in 5 years

Income
$71,276 → $85,230
up 19.6%
Population
10,241 → 10,738
up 4.9%
Renter share
29.2% → 27.5%
-1.7 pts
Bachelor's+
40.8% → 43.3%
+2.5 pts
Median age
53.3 → 52.8
-0.5 yrs

Local incomes tracked alongside that move, going from a median of $71,276 in 2021 to $85,230 more recently. Headcount in the area went from 10,241 to 10,738 between 2021 and 2024, a 4.9% change. About 27.5% of households rent today, against 29.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.8% to 43.3%.

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Local insights

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About renting in ZIP 89703

Last updated: October 17, 2026

ZIP code 89703 covers Carson City, NV. The median rent here is $2,155/mo as of October 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,550/mo.

At 30% of local median household income ($85,230/yr), ZIP 89703 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 89703?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (about $41/hour full-time) to afford the median rent of $2,155/mo in ZIP 89703. The local median household income is $85,230/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 89703?

Rent in ZIP 89703 has been roughly flat over the past year, a 0.0% change.

How does ZIP 89703 compare to other ZIPs in Nevada?

ZIP 89703 is one of the pricier among Nevada ZIP codes for rent, ranking #20 of 82 at $2,155/mo.

How does ZIP 89703 compare to the rest of Carson City?

At $2,155/mo, ZIP 89703 is $29 above the Carson City citywide median of $2,126/mo.
Income Affordability
30%
MODERATE

At $2,155/mo, rent takes ~30% of ZIP 89703's median household income ($85,230/yr). The standard benchmark is 30%.

ZIP 89703 30%Benchmark 30%
State income taxNone
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Public schools near ZIP 89703 (Carson City, NV)

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