RentYield Atlas

ZIP 89501 — Reno, NV: rental yield & market data

Gross rental yield of 4.97% — ranked #37 of 84 Nevada ZIP codes. June 2026 data.

Gross rental yield
4.97%
Home value
$420,721
Market rent / mo
$1,741
Price-to-rent
20.1

Trend

Metric1-year change5-year change
Home value-5.7% -4.8%
Market rent+24.1%

Metro: Reno, NV · County: Washoe County · Annual rent: $20,892

Comparable ZIP codes in Nevada

Similar home values, sorted by yield — the cheapest way to see if 89501 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
89031North Las VegasNV$412,722$2,0646.00%16.7-1.8%
89081North Las VegasNV$419,710$1,9945.70%17.5-1.5%
89015HendersonNV$406,811$1,8965.59%17.9-2.0%
89183Las VegasNV$411,722$1,7925.22%19.1-3.6%
89147Las VegasNV$414,624$1,7475.06%19.8-4.6%
89086North Las VegasNV$417,906$1,6194.65%21.5-1.4%
89014HendersonNV$406,147$1,4684.34%23.1-2.9%
89120Las VegasNV$414,759$1,3884.02%24.9-1.3%

Top rental yields in all of Nevada →

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