Reno, NV Real Estate
According to census data in the year 2000 there were 79,592 housing units in Reno.
This represents a 29.7% growth from 61,384 in 1990.
Of those housing units, 79,465 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.
Homeownership rate in Reno is about 47.7%.
Reno's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Reno were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.20% |
| One Bedroom | 21.20% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 26.90% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $158,700 |
| Median Price asked for vacant units | $157,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $615 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.40% |
| Home Equity Loan | 9% |
| Simple Mortgage | 58.50% |
| Debt Free | 21.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
