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Washoe County Housing Market

Nevada · 17 counties · Ranked #3031 in home value

Above National Avg

Housing at a Glance

Median Home Value

$496,600

vs national+$496,600 vs $281,900 national

Median Gross Rent

$1,507/mo

vs national+$1,507 vs $1,163 national

Effective Tax Rate

0.46%

vs national0.46% vs 1.02% national

Median Household Income

$85,600

vs national+$85,600 vs $74,755 national

Affordability Ratio

5.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,297

Tax as % of Home Value

0.46%

Monthly Owner Cost

$1,582

Renter Income

$59,711

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Frequently Asked Questions

What is the median home value in Washoe County?

The median home value in Washoe County is $496,600. This is above the national median of $281,900.

How much is rent in Washoe County?

The median gross rent in Washoe County is $1,507 per month.

What is the property tax rate in Washoe County?

The effective property tax rate in Washoe County is 0.46%. The median annual property tax bill is $2,297.

Is Washoe County affordable?

With a home-value-to-income ratio of 5.8x, Washoe County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.