89503 Homes for Sale — Old Northwest Reno
Live MLS listings · Updated July 10, 2026
Reno currently has active 89503 homes for sale — old northwest reno. ZIP 89503 is Old Northwest Reno — the established neighborhoods west and northwest of the University of Nevada, Reno, including the West University district and the streets around Rancho San Rafael Regional Park. Housing stock runs from 1930s bungalows to 1970s ranches on mature, walkable blocks, with dozens of active listings at a time. It is a favorite for university-connected buyers, first-timers wanting character over commute, and investors serving the campus rental market.
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Why Buy 89503 Homes for Sale — Old Northwest Reno in Reno?
- Character per dollar: 89503’s bungalows, brick ranches, and mid-century homes sit on established tree-lined streets at prices below Old Southwest Reno’s equivalent stock — Reno’s most accessible “old neighborhood” buy.
- The University of Nevada, Reno anchors the ZIP’s east edge, supporting stable demand from faculty, staff, and student-housing investors, and keeping resale liquidity strong through market cycles.
- Rancho San Rafael Regional Park — home of the Great Reno Balloon Race — plus Idlewild Park nearby give the ZIP more adjacent green space than almost any other central Reno address.
- Downtown and the Truckee River corridor are 5 to 10 minutes away, and I-80 access at Keystone Avenue puts Somersett-side shopping and Tahoe day trips within easy reach.
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What Do Reno Buyers Most Frequently Ask?
Most AskedWhat neighborhoods are in Reno ZIP code 89503?
The ZIP covers Old Northwest Reno: the West University district beside the UNR campus, the Keystone and Ralston-area streets, and the neighborhoods bordering Rancho San Rafael Regional Park, extending toward the northwest valley floor along West 7th and McCarran.
How old are 89503 homes and what inspections matter most?
Most stock dates from the 1930s through the 1970s. We scrutinize sewer laterals, galvanized supply plumbing, knob-and-tube or undersized electrical panels, foundations, and roof age — and we write inspection contingencies to match. Priced correctly, these homes are excellent buys; skipping due diligence here is the classic mistake.
Is 89503 a good area for rental or student-housing investment?
Yes — proximity to UNR makes it Reno’s core campus rental market, with steady tenant demand and low vacancy. Note that the City of Reno regulates occupancy and short-term rentals, so we verify zoning, parking, and rental-registration requirements on any investment property before you offer.
Is 89503 walkable and close to downtown?
The West University and lower Keystone areas are among Reno’s most walkable pockets — campus, downtown, and the Truckee River path are all reachable on foot or bike from much of the ZIP. Blocks further northwest trade some walkability for larger lots and quieter streets.
Can you tour 89503 homes with us?
Yes. Well-priced character homes near campus draw multiple offers quickly, so speed matters. Call the Nevada Real Estate Group Northern Nevada team at (775) 277-2120 and we can usually arrange same-day or next-day showings across Old Northwest Reno and the West University district.
How does 89503 compare with 89509 and 89523?
89503 offers the most affordable character-home entry point near the university. 89509 to the south is the pricier Old Southwest and Caughlin Ranch corridor. 89523 to the west is master-planned Somersett territory with newer hillside construction. Charm on a budget near campus points squarely to 89503.
Updated July 10, 2026
How Do You Get New 89503 Homes for Sale — Old Northwest Reno Emailed Daily?
Set your alert in 30 seconds and we'll send matching Reno listings the moment they hit the MLS — or call (775) 277-2120 to talk with a local specialist.
Or call (775) 277-2120 to talk with a local Reno specialist.