Urban Professionals
- Walk Score 90+ — no car needed daily
- Restaurants and culture on foot
- Entry condos from $300K
- Strong appreciation trend 2020–2026
Urban Core · Truckee Riverwalk · Walk Score 90+
Downtown Reno Homes For Sale
Nevada's #1 team for downtown Reno real estate. Search condos, lofts, and high-rises for sale in Reno's urban core — from $300K studios to $800K+ Riverwalk penthouses, all within walking distance of restaurants, galleries, and the Truckee River.
Where Can You Find Downtown Reno Homes for Sale?
Downtown Reno carries roughly 100 active listings across ZIPs 89501 and 89509 as of June 2026 according to NREG’s MLS analysis and Northern Nevada Regional MLS data, spanning $300K entry condos to $800K+ Riverwalk penthouse units. The eight newest listings appear below, refreshed throughout the day, with every active downtown Reno property searchable in our live MLS portal.
Homes for sale in ZIPs 89501 and 89509 near Downtown Reno
- 2890 Outlook Drive, Reno 89509 — $680,000 · 4 bd · 3 ba · 2,998 sq ft · Courtesy of Dickson Realty - Caughlin
- 805 Forest Street, Reno 89509 — $630,000 · 3 bd · 2 ba · 879 sq ft · Active Under Contract · Courtesy of Dickson Realty - Damonte Ranch
- 4823 W Lakeridge Terrace, Reno 89509 — $750,000 · 2 bd · 2 ba · 2,264 sq ft · Courtesy of Opal Real Estate Advisors
- 2450 Lymbery Street, Unit APT 132, Reno 89509 — $169,950 · 2 bd · 1 ba · 775 sq ft · Active Under Contract · Courtesy of Tomana Realty
- 144 Greenridge Drive, Reno 89509 — $2,500,000 · 4 bd · 3.5 ba · 5,699 sq ft · Active Under Contract · Courtesy of Dickson Realty - Downtown
- 1355 Palisade Drive, Reno 89509 — $750,000 · 4 bd · 3 ba · 2,972 sq ft · Courtesy of Compass
- 1000 Beck Street, Unit UNIT 276, Reno 89509 — $150,000 · 1 bd · 1 ba · 677 sq ft · Active Under Contract · Courtesy of AMRE
- 3391 Skyline Boulevard, Reno 89509 — $549,900 · 3 bd · 3 ba · 2,556 sq ft · Active Under Contract · Courtesy of Dickson Realty - Caughlin
- 1974 S Villa Way, Reno 89509 — $488,000 · 2 bd · 2.5 ba · 1,800 sq ft · Courtesy of Dickson Realty - Caughlin
- 2399 Sunrise Drive, Reno 89509 — $519,900 · 2 bd · 1 ba · 858 sq ft · Courtesy of Keller Williams Group One Inc.
- 1475 Nixon Avenue, Reno 89509 — $899,000 · 4 bd · 2 ba · 1,919 sq ft · Courtesy of RE/MAX Professionals-Reno
- 1605 Ordway Avenue, Reno 89509 — $540,000 · 3 bd · 1 ba · 979 sq ft · Active Under Contract · Courtesy of Real Broker LLC
- 2855 Idlewild Drive, Unit APT 126, Reno 89509 — $389,000 · 2 bd · 2 ba · 1,341 sq ft · Courtesy of RE/MAX Professionals-Reno
- 415 W Arroyo Street, Reno 89509 — $879,000 · 4 bd · 2 ba · 1,910 sq ft · Courtesy of RE/MAX Professionals-Reno
- 3860 Tannenbaum Way, Reno 89509 — $725,000 · 3 bd · 2 ba · 1,796 sq ft · Courtesy of Keller Williams Group One Inc.
- 3685 Ranch Crest Drive, Reno 89509 — $799,900 · 4 bd · 3 ba · 3,073 sq ft · Active Under Contract · Courtesy of Ferrari-Lund Real Estate Reno
- 200 W 2nd Street, Unit 608, Reno 89501 — $259,000 · 1 bd · 1 ba · 709 sq ft · Courtesy of Dickson Realty - Caughlin
- 3240 Marthiam Avenue, Reno 89509 — $1,950,000 · 5 bd · 3.5 ba · 5,014 sq ft · Courtesy of Sierra Sotheby's International
- 1720 Allen Street, Reno 89509 — $859,000 · 3 bd · 2 ba · 2,061 sq ft · Active Under Contract · Courtesy of Sierra Sotheby's International
- 4960 Lakeside Drive, Reno 89509 — $665,000 · 4 bd · 2.5 ba · 2,303 sq ft · Courtesy of NextHome Sierra Realty
- 1450 Idlewild Drive, Unit UNIT 1133, Reno 89509 — $230,000 · 1 bd · 1 ba · 550 sq ft · Courtesy of Ferrari-Lund Real Estate South
- 1000 Beck Street, Unit UNIT 367, Reno 89509 — $141,000 · 1 bd · 1 ba · 677 sq ft · Courtesy of LPT Realty, LLC
- 1335 Hilltop Road, Reno 89509 — $775,000 · 4 bd · 3 ba · 2,400 sq ft · Courtesy of Redfin
- 2060 Skyline Boulevard, Reno 89509 — $1,494,000 · 5 bd · 4 ba · 4,768 sq ft · Courtesy of Real Broker LLC
Homes for rent in ZIPs 89501 and 89509 near Downtown Reno
- 374 State Street, Reno 89501 — $2,350/month · 2 bd · 2 ba · 1,330 sq ft · Active Under Contract · Courtesy of Opal Real Estate Advisors
- 1450 Idlewild Drive, Unit 1117, Reno 89509 — $1,550/month · 1 bd · 1 ba · 803 sq ft · Courtesy of Dickson Realty - Sparks
- 150 Mt Rose Street, Unit 6, Reno 89509 — $1,295/month · 2 bd · 1 ba · 725 sq ft · Courtesy of Dickson Realty - Sparks
- 2600 Deweese Loop, Reno 89509 — $3,350/month · 3 bd · 2.5 ba · 1,833 sq ft · Courtesy of Dickson Realty - Caughlin
- 3089 Bramble Drive, Reno 89509 — $3,350/month · 4 bd · 2 ba · 1,993 sq ft · Active Under Contract · Courtesy of Nevada's Best
- 2490 Eastshore Drive, Reno 89509 — $5,000/month · 3 bd · 2.5 ba · 1,796 sq ft · Courtesy of Ferrari-Lund Real Estate Reno
- 2835 Skyline Boulevard, Unit B, Reno 89509 — $1,550/month · 1 bd · 1 ba · 750 sq ft · Courtesy of Dickson Realty - Sparks
- 2955 Lakeside Drive, Unit 112, Reno 89509 — $1,350/month · 1 bd · 1 ba · 677 sq ft · Courtesy of RE/MAX Gold
- 2610 Deweese Loop, Reno 89509 — $3,250/month · 3 bd · 2.5 ba · 1,778 sq ft · Courtesy of Dickson Realty - Somersett
- 351 W Arroyo Street, Reno 89509 — $1,650/month · 1 bd · 1 ba · 512 sq ft · Courtesy of Dickson Realty - Sparks
- 574 Reno Avenue, Reno 89509 — $5,500/month · 4 bd · 3 ba · 1,536 sq ft · Courtesy of Blue Sierra Realty
- 1310 Lander Street, Reno 89509 — $3,600/month · 4 bd · 2 ba · 1,946 sq ft · Courtesy of Blue Sierra Realty
- 280 Island Avenue, Unit APT 1406, Reno 89501 — $2,100/month · 1 bd · 1 ba · 525 sq ft · Courtesy of Blue Sierra Realty
- 500 University Way, Reno 89501 — $1,450/month · 1 bd · 1 ba · 200 sq ft · Courtesy of Congress Realty, INC.
Listing information is provided through the MLS Internet Data Exchange program and is deemed reliable but not guaranteed. Inventory checked Oct 30, 2026, 5:34 PM Pacific; availability and prices may change.
MEDIAN LIST PRICE (ZIPS 89501, 89509)
$630K
NREG analysis of NNRMLS data via Repliers, as of October 29, 2026
DAYS ON MARKET (ZIPS 89501, 89509)
53
NREG analysis of NNRMLS data via Repliers, as of October 29, 2026
PROPERTY TYPE
Condo/Loft/High-Rise
NNRMLS listing data
TO AIRPORT
10 min
Reno-Tahoe Intl via I-580
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
October 21, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About Downtown Reno at a Glance?
Downtown Reno is the most walkable neighborhood in the Reno metro — Walk Score 90+ — with a median list price near $630,000 per NREG’s MLS analysis and condos going under contract in about 35 days per Northern Nevada Regional MLS. The five takeaways below cover what those numbers mean for anyone considering urban condo living along the Truckee Riverwalk.
- Property type: Condo and loft dominant — Riverwalk Towers, The Palladio, The Montage, Arlington Towers, and converted historic loft buildings in ZIPs 89501 and 89509.
- Median list price: $630,000 (October 2026) — from $300K entry condos to $800K+ Riverwalk penthouse units.
- Best for: Urban professionals, investors seeking rental income, California relocators, downsizers, and remote workers who value walkability and fast airport access.
- HOA fees: $200–$600/month depending on building and amenities — always verify the reserve fund and rental-cap policy before writing an offer.
- Key advantage: Walk Score 90+, 10-minute airport access, zero Nevada state income tax, and $300K–$800K+ price range for urban condo living no Bay Area neighborhood can match.
Last updated October 2026 · Sources: NREG’s MLS analysis, U.S. Census, NNRMLS
PRICE DISTRIBUTION
How Many Downtown Reno Homes Sell in Each Price Range?
The downtown Reno median list price sits at $630K per NREG’s MLS analysis October 2026 NNRMLS data, with inventory clustering in the $300K–$600K condo and loft band. Each card below shows current active-listing counts by price range, so you can gauge real competition in your budget before you start touring downtown buildings.
Browse Downtown Reno Listings
How Can You Find a Downtown Reno Home by Type, Price & Lifestyle?
Downtown Reno's roughly 100 active listings span five price bands, three property types, and the lifestyle filters below — each link opens our live NNRMLS search pre-filtered to that slice, with counts updated daily from NREG’s MLS analysis and NNRMLS data.
Which Downtown Reno Areas Should You Explore?
Tap a community card to see current listings, price ranges, HOA details, and what daily life looks like inside each downtown Reno area.
By Property Type
By Price Range
By Lifestyle
204 active listings across ZIPs 89501, 89509 as of October 29, 2026 · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Downtown Reno Listings First?
Custom alerts by price, beds, baths, and building features — no spam, unsubscribe anytime. With downtown Reno condos going under contract in a median 35 days per NREG’s analysis of NNRMLS data, buyers who see new listings within hours hold a real edge over buyers who check portals weekly.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ buyers used NREG alerts last year
Create your alert
School planning
Which Schools Serve a Reno Address?
Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check Washoe school zoning · Nevada Report Card
CRIME DATA
How Can You Check Reported Crime Near a Home?
Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in Downtown Reno, NV?
The Answer
Downtown Reno offers urban condo living along the Truckee Riverwalk: restaurants, galleries, and casinos within walking distance, condos and lofts from $300K to $800K+, and UNR five minutes away. The City of Reno has invested heavily in Riverwalk revitalization, making downtown the most amenity-dense address in Northern Nevada. Zero Nevada state income tax sweetens every relocation budget.
What is downtown Reno known for?
Downtown Reno is known for the Truckee Riverwalk — a mile-plus waterfront path lined with restaurants, galleries, and event venues — and for the iconic Reno Arch marking the gateway to the city's casino corridor. It's the most walkable neighborhood in the Reno metro, with Wingfield Park, the National Bowling Stadium, arts venues, and UNR all accessible on foot or by bike.
Who should live in downtown Reno?
Downtown Reno fits urban professionals who want a walkable lifestyle without Bay Area pricing, investors seeking rental demand from UNR and downtown employers, downsizers and retirees who want restaurant and culture access on foot, California relocators who value urban density plus Nevada's zero income tax, and remote workers who need fast airport access and strong connectivity.
What is daily life like in downtown Reno?
Daily life in downtown Reno centers on the Riverwalk and Midtown: morning coffee on foot, afternoon meetings at a downtown WeWork or coworking spot, evening dinner at one of Midtown's restaurants, and weekend events at Wingfield Park. Lake Tahoe is 50 minutes away, and the airport is 10 minutes — urban amenities without the urban commute.
Location
Where Is Downtown Reno
Downtown Reno occupies the urban core along the Truckee River (ZIPs 89501 and 89509), centered on the casino corridor, the Riverwalk District, and the arts and gallery blocks. Elevation approximately 4,400 ft. About 5 minutes from Midtown Reno, 5 minutes from UNR, and 10 minutes from the airport.
Midtown Reno
5
Min
Airport
10
Min
UNR Campus
5
Min
Lake Tahoe
50
Min
Sparks
15
Min
Downtown Reno
At a Glance$630,000
Median List Price (ZIPs 89501/89509)
204
Active Listings (ZIPs 89501, 89509)
~$310
Price / Sq Ft
53
Days on Market (ZIPs 89501, 89509)
Median, active-listing and days-on-market tiles: NREG analysis of NNRMLS data via Repliers, as of October 29, 2026.
- Community Type
- Urban Core / Condo District
- ZIP Codes
- 89501 + 89509
- Established
- Late 1800s
- Price Range
- $300K–$800K+
- HOA (Condo)
- $200–$600/mo (varies by building)
- Guard-Gated
- No
- Walk Score
- 90+
- School District
- Washoe County School District
- To Midtown Reno
- 5 min
- To Lake Tahoe
- ~50 min
- Airport
- Reno-Tahoe Intl (10 min)
Census Housing Data / Downtown Reno
What Does the Census Show About Housing in Downtown Reno?
According to the U.S. Census Bureau, the tiles below compare housing and population figures for Downtown Reno and its surrounding area with the wider county. Each tile's label names the area it covers.
These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.
39,139
vs Washoe Co 509,386
~$704K
vs Washoe Co $540K
~51%
vs Washoe Co 60%
Source: U.S. Census Bureau ACS 2020–2024 5-year estimates (ZIPs 89501/89509) and Vintage 2025 population estimates (Washoe County) · Updated
POPULATION & GROWTH
How Fast Is Downtown Reno Growing?
Downtown Reno has grown steadily as the City of Reno's revitalization investment, UNR expansion, and California in-migration have raised the profile of the urban core. The Riverwalk District redevelopment and new condo conversions have attracted owner-occupants who a decade ago would have defaulted to suburban Reno.
39,139ZIPs 89501/89509 residents (ACS 2020–24)
$420KMedian list price (June 2026)
+3.0%ZIPs 89501/89509 growth, 2010–2020 (Census)
ZIPs 89501/89509 population trajectory, 2010–2024 (Census counts and ACS)
Growth in downtown Reno tracks the City of Reno's revitalization investment, UNR enrollment growth, and California net in-migration. The Riverwalk District's restaurant and gallery buildout has attracted a new wave of owner-occupants; the rental market remains strong with UNR students and downtown employers providing a floor of demand.
Sources: U.S. Census Bureau (decennial counts) and U.S. Census Bureau ACS 2020–2024. ZIPs 89501/89509: 2010 and 2020 are decennial Census counts; the last bar is the ACS 2020–2024 5-year estimate. Last updated September 2026.
REPORTED MARKET SERIES
How Is the Downtown Reno Real Estate Market Trending?
Median list price, days on market, and active inventory from Northern Nevada Regional MLS ZIPs 89501 and 89509 data, updated monthly. The downtown corridor has held near $420K year-over-year with roughly 80–120 active listings — the three charts below show the past twelve months.
Median List Price (ZIPs 89501/89509)
+2.1% YoY (May 2025 → May 2026)
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
Days on Market
28 → 35 days YoY (seasonal softening winter)
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
Active Listings
~100 monthly average, seasonal winter dip
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
The long view: the median sold price in Reno rose 117% between 2015 ($273,230) and 2026 ($593,246), across 54,244 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
53
MEDIAN DAYS ON MARKET (ZIPS 89501, 89509) · OCT 29, 2026
$630K
MEDIAN LIST PRICE (ZIPS 89501, 89509) · OCT 29, 2026
204
ACTIVE LISTINGS (ZIPs 89501/89509) · OCT 29, 2026
< 1 hr
OUR RESPONSE TIME
CONDOS MOVING FAST
Get matched with a
downtown Reno specialist.
Market Competitiveness
How Competitive Is the Downtown Reno Market Right Now?
Downtown Reno is moderately competitive — well-priced condos in sought-after buildings go under contract in roughly three to five weeks per NNRMLS data. The $300K–$500K entry-to-mid band moves fastest at 28–35 median days; larger penthouse units and single-family in-town homes above $600K typically take six to ten weeks as the qualified buyer pool narrows.
- 35 daysMedian days on market (ZIPs 89501/89509)
- $310Median price per sq ft
- 28–50DOM range by tier
- 204Active listings (ZIPs 89501, 89509, October 29, 2026)
Before You Buy
What Should You Compare Before Buying a Home in Downtown Reno?
Compare individual homes by the features, services, and total ownership costs that matter to you. The points below can help structure your property research before you make an offer.
Which Downtown Reno Profile Fits Your Buyer Type?
Investors / Landlords
- UNR-driven rental demand
- 1-2BR units rent $1,400–$2,200/month
- Casino and downtown employer base
- Verify building rental-cap rules before buying
California Relocators
- $300K–$800K for urban condo vs $1M+ Bay Area
- Zero Nevada state income tax
- Walk Score 90+ — familiar urban lifestyle
- Lake Tahoe 50 minutes away
First-Time Urban Buyers
- Entry condos from $300K
- FHA financing available (building-dependent)
- Build equity vs paying rent to a landlord
- Strong resale demand — 35 days median DOM
Remote Workers
- Strong downtown fiber infrastructure
- 10 min to airport for occasional travel
- Walkable coffee shops and coworking options
- Zero Nevada income tax on remote income
Best Fit For
- Urban professionals — Walk Score 90+, restaurants on foot, and the Truckee Riverwalk as a daily commute path — downtown Reno's walkability is unmatched in the metro.
- Investors and landlords — UNR proximity and downtown employment create reliable rental demand, with 1-2BR units commanding $1,400–$2,200/month.
- California relocators — $300K–$800K+ for urban condo living versus $1M+ Bay Area equivalents — plus zero Nevada income tax on remote or investment income.
- First-time urban buyers — Entry condos from $300K offer a path to homeownership with strong resale velocity and appreciation support from in-migration.
- Remote workers — Strong connectivity, walkable daily life, 10-minute airport access, and Nevada income tax savings on remote earnings.
Ready to explore homes in downtown Reno? Our team knows every building, HOA structure, and financing option available in the downtown core.
Start Your Downtown Reno SearchPros
- Walk Score 90+ — most walkable neighborhood in the Reno metro
- Truckee Riverwalk and Wingfield Park on the doorstep
- Zero Nevada state income tax — five-figure annual savings versus California
- Condo variety from $300K entry to $800K+ Riverwalk penthouses
- Strong rental demand from UNR, downtown employers, and in-migration
- 10 minutes to the airport via I-580
- Property taxes capped at 3% annual growth under Nevada law
Honest Considerations
- HOA fees of $200–$600/month add significantly to monthly carrying costs
- Some buildings have rental caps or FHA/VA financing restrictions — verify before making an offer
- Assigned public schools (Kate Smith ES, Vaughan MS, Wooster HS) score below suburban alternatives
- Parking can be limited or costly — some buildings sell units without assigned spots
Neighborhood Comparison
How Does Downtown Reno Compare to Midtown, West University & Old Southwest?
A like-for-like comparison of the four most-searched urban Reno neighborhoods — median price, price per square foot, days on market, HOA, and lifestyle fit — using active-listing data refreshed monthly via NREG’s MLS analysis and NNRMLS. Prices span $420K in downtown to $550K in Old Southwest Reno.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Downtown Reno | $420,000 | ~$310 | 35 | 100 | Walkability · Condos · Investment |
| Midtown Reno | $450,000 | ~$320 | 33 | 65 | Restaurants · Arts · Mixed-Use |
| West University | $480,000 | ~$330 | 32 | 30 | Historic · UNR Adjacent · Walkable |
| Old Southwest Reno | $550,000 | ~$340 | 36 | 45 | Historic · Quiet · Established |
| Northwest Reno | $530,000 | ~$295 | 34 | 33 | Established · No HOA |
Source: NREG’s MLS analysis and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Neighborhood Deep Dive
What's Inside Each Urban Reno Neighborhood?
Submarket 1
Downtown Reno
Reno's urban core along the Truckee Riverwalk — Walk Score 90+, condos and lofts from $300K to $800K+, strong rental demand from UNR and downtown employers, and 10 minutes to the airport.
Browse Downtown Reno homes →$420KMedian Price
35Days on Market
100Active Listings
~$310Price / Sq Ft
Submarket 2
Midtown Reno
Reno's restaurant and arts hub — a quieter, more residential feel than downtown with a median near $450K, strong walkability, and a mix of condos, lofts, and single-family homes.
Browse Midtown Reno homes →$450KMedian Price
33Days on Market
65Active Listings
~$320Price / Sq Ft
Submarket 3
West University
An established historic neighborhood immediately adjacent to UNR — character homes, walkable to campus, and a strong mix of owner-occupants and university-affiliated residents.
Browse West University homes →$480KMedian Price
32Days on Market
30Active Listings
~$330Price / Sq Ft
Submarket 4
Old Southwest Reno
Reno's most established historic neighborhood — tree-lined streets, character homes from the early 1900s, quieter than downtown, and a median near $550K for buyers who want walkability without the casino-corridor energy.
Browse Old Southwest Reno homes →$550KMedian Price
36Days on Market
45Active Listings
~$340Price / Sq Ft
Submarket 5
Northwest Reno
The broader Northwest Reno corridor outside the master plans — older established neighborhoods, no HOA, and value pricing with the same I-80 and airport access.
Browse Northwest Reno homes →$530KMedian Price
34Days on Market
33Active Listings
~$295Price / Sq Ft
Submarket 6
The Riverwalk High-Rise Corridor
The most walkable and amenity-rich slice of downtown Reno — Riverwalk Towers, The Palladio, and The Montage anchoring the Truckee River frontage. Condos range from $450K to $800K+ for Riverwalk-view units, with building concierge, secured parking, and instant Wingfield Park access. The highest-demand address in the downtown condo market.
Browse The Riverwalk High-Rise Corridor homes →$450K+Riverwalk From
Walk Score 90+Most Walkable
On-siteTruckee Riverwalk
10 minTo Airport
Where Is Downtown Reno on the Map?
Downtown Reno occupies the urban core along the Truckee River (ZIPs 89501 and 89509), centered on the casino corridor, the Riverwalk District, and the arts and gallery blocks. Midtown Reno is 5 minutes south, West University is 5 minutes west, and Reno-Tahoe International Airport is 10 minutes south via I-580.
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure which
downtown Reno building fits?
BY ZIP CODE
What Does the Market Look Like in ZIPs 89501 and 89509?
ZIPs 89501 and 89509 cover downtown Reno and the Midtown/central corridor. The table below puts these ZIPs in context against neighboring Reno ZIP codes — median price, price per square foot, days on market, active inventory, and year-over-year price growth — using Northern Nevada Regional MLS data.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89501 | Downtown Reno · Riverwalk District | $400K | ~$305 | 36 | 68 | +2.1% |
| 89509 | Midtown · Central · Lakeridge | $450K | ~$315 | 33 | 174 | +1.8% |
| 89503 | West University · Old Northwest | $480K | ~$325 | 32 | 95 | +2.3% |
| 89512 | North Reno · University Area | $390K | ~$280 | 34 | 88 | +1.2% |
| 89519 | Old Southwest · Caughlin Ranch | $725K | ~$340 | 36 | 142 | +3.1% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
Source: NREG’s MLS analysis and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Washoe County GIS.
Buildings & Developers
What Are the Key Buildings in Downtown Reno?
Downtown Reno's residential inventory is concentrated in a handful of established high-rises, mid-rises, and historic loft conversions rather than traditional builder-track communities. Each building has its own HOA structure, amenity package, and financing eligibility — verify current availability and building approval status before making an offer.
High-Rise · Riverwalk Views
Riverwalk Towers
Established high-rise; river and city views
Luxury Mid-Rise
The Palladio
Luxury finishes; sought-after building
Mid-Rise Condo
The Montage
Mid-rise with balconies and city views
Established High-Rise
Arlington Towers
Older established building; value entry point
Urban Loft
Historic Loft Conversions
Open-plan conversions; character spaces
Outdoor Recreation
What Outdoor Amenities Does Downtown Reno Offer?
Downtown Reno's outdoor life centers on the Truckee Riverwalk and Wingfield Park, both accessible on foot. Lake Tahoe and Mt. Rose Ski Tahoe are 50–55 minutes away, and the City of Reno maintains the Riverwalk path and surrounding parks, with Rancho San Rafael Park 15 minutes away and Galena Creek Recreation Area 30 minutes out.
ON-SITE
Truckee Riverwalk
1+ mile pathWalking · Dining · EventsFree
Reno's most active outdoor amenity — a waterfront path lined with restaurants, galleries, and event venues, anchored by Wingfield Park and the river kayak launch.
ON-SITE
Wingfield Park
3-acre island parkConcerts · Festivals · RecreationFree
A river island park in the heart of downtown Reno hosting the Reno River Festival, concerts, and year-round community events — walking distance from every downtown condo.
ON-SITE
Reno Aces Ballpark (Greater Nevada Field)
Triple-A stadiumBaseball · EventsTicketed
The Triple-A affiliate of the Arizona Diamondbacks — a walkable summer evening option for downtown residents that Bay Area and Sacramento buyers quickly come to love.
15 MIN
Rancho San Rafael Park
595 acresTrails · Events · ArboretumFree
Reno's flagship regional park — home to the Great Reno Balloon Race, the Wilbur D. May Arboretum, and miles of walking trails.
30 MIN
Galena Creek Recreation Area
230+ acresHiking · PicnicsFree
Forested Sierra trails and a visitor center on the Mt. Rose Highway — the closest wilderness trailhead to Reno and a 30-minute drive from downtown.
50 MIN
Lake Tahoe (Incline Village)
191 sq miBoating · Beaches · SkiingFree shoreline
North America's largest alpine lake — public beaches at Sand Harbor and Kings Beach, marinas, and a dozen surrounding ski resorts within one drive.
55 MIN
Mt. Rose Ski Tahoe
1,200 acresSkiing · SnowboardingTicketed
The closest major ski resort to Reno, with the highest base elevation at Lake Tahoe and dependable deep Sierra snow from November through April.
20 MIN
Bartley Ranch Regional Park
56 acresTrails · EquestrianFree
Trails, an amphitheater, and equestrian facilities at the edge of the south Reno neighborhoods — a quick drive from downtown via I-580.
The Downtown Reno Lifestyle
What Does a Weekend in Downtown Reno Look Like?
A Saturday in downtown Reno runs from the Riverwalk to the mountains: morning walk along the Truckee River per the City of Reno, afternoon at a gallery or the Reno Aces game, evening at one of Midtown's restaurants — and Lake Tahoe 50 minutes away for Sunday. Urban amenities without the urban price tag.
300+Days of Sun
10 minTo Airport
50 minTo Lake Tahoe
90+Walk Score
THIS WEEKEND'S OPEN HOUSES
Can You Tour Downtown Reno Condos This Weekend?
Downtown Reno condos and lofts typically show by appointment through the building concierge or listing agent — open houses are less common in high-rise buildings than in suburban neighborhoods. Contact the listing agent directly for tours at Riverwalk Towers, The Palladio, The Montage, and Arlington Towers, or browse every active downtown Reno listing now.
Planning a move
What Should I Verify Before Moving to Downtown Reno?
Budget around the specific home, not a community average. Before you compare the cost of a move to Downtown Reno, get these in writing:
- The parcel's annual assessment, prior-year tax bill and abatement eligibility. A sale alone does not reset Nevada’s tax cap. Nevada tax-abatement rules
- Lender, insurance and utility quotes for the exact address, plus the association's resale documents and any special assessments.
- The school assignment for the enrollment year, confirmed with the district.
- Your tax situation, reviewed by an adviser — California-source income can remain taxable after a move (Franchise Tax Board).
- Qualifying new residents generally must obtain a Nevada driver’s license and vehicle registration within 30 days. Check the Nevada DMV’s requirements and exceptions for your circumstances.
The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.
Open the relocation guideECONOMY & JOBS
What Drives the Economy Near Downtown Reno?
Downtown Reno residents sit at the center of the Reno-Sparks MSA job base — healthcare, government, hospitality, and higher education. According to the U.S. Bureau of Labor Statistics, MSA unemployment was 4.0% in July 2026 (BLS, preliminary), with jobs driven by Renown Health and UNR downtown and Tesla, Switch, and Panasonic at the Tahoe-Reno Industrial Center (35 min via I-80).
$33,963 / $86,126Median household income, ZIP 89501 / ZIP 89509U.S. Census Bureau ACS 2020–2024
Renown HealthNorthern Nevada's largest healthcare systemDowntown Reno — walking distance
5 minTo University of Nevada, RenoDrive or bike
10 minTo Reno-Tahoe International AirportVia I-580 south
Top Reno-Area Employers (Commutable from Downtown Reno)
- Renown HealthNorthern Nevada's largest healthcare system, headquartered downtown Reno — walking distance from most condos
- University of Nevada, RenoR1 research university, north campus (~5 min drive or short bike ride)
- City of Reno / Washoe CountyGovernment employment concentrated in the downtown civic center
- Casino and Hospitality SectorMultiple major casino resorts downtown providing significant local employment
- Tesla Gigafactory NevadaBattery & EV manufacturing, Tahoe-Reno Industrial Center (~35 min via I-80)
- SwitchHyperscale data centers, Tahoe-Reno Industrial Center (~35 min)
Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau (ZIP 89501), U.S. Census Bureau (ZIP 89509). Last updated June 2026.
NEIGHBORHOOD COMPARISON
How Does Downtown Reno Compare to Midtown, West University & Old Southwest Reno?
Choosing between urban Reno neighborhoods? This table compares Downtown Reno (median $420K, Walk Score 90+), Midtown Reno ($450K, restaurant and arts hub), West University ($480K, historic and UNR-adjacent), and Old Southwest Reno ($550K, quiet and established). Metrics are from NREG’s MLS analysis, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | Downtown Reno | Midtown Reno | West University | Old Southwest Reno |
|---|---|---|---|---|
| Median List Price | $420K | $450K | $480K | $550K |
| Price / Sq Ft | ~$310 | ~$320 | ~$330 | ~$340 |
| Days on Market | 35 | 33 | 32 | 36 |
| HOA / Month | $200–$600 (condo) | $0–$350 | $0–$250 | $0–$200 |
| Walk Score | 90+ | 85+ | 80+ | 70+ |
| Dominant Type | Condos / High-Rise | Mixed / Restaurant | Historic SFR | Historic SFR |
| Best For | Walkability · Investment | Dining · Arts · Mixed | Historic · UNR · Quiet | Established · Family |
Sources: NREG’s analysis of NNRMLS data, U.S. Census ACS. Last updated June 2026.
Cost of Ownership
What Will Downtown Reno Cost You Each Month?
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Illustrative Payment Estimator
Estimate Your Downtown Reno Payment
$3,231
Illustrative Monthly Payment
- Principal & Interest$2,515
- Property Tax$208
- Insurance$150
- HOA$200
- PMI$158
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
How should you compare buying with renting?
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Purchase worksheet
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Rental worksheet
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
Use scenarios rather than a promised break-even date
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
Which HOA charges apply to this address?
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Recurring charges
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Closing and special charges
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Rules and access
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
How Easy Is Getting Around from Downtown Reno?
From downtown Reno, the airport is 10 minutes via I-580, UNR is 5 minutes by car or bike, and RTC bus routes connect the entire metro from a central hub. Mean commutes in ZIPs 89501/89509 run near 18 minutes per U.S. Census ACS data — well below Bay Area averages. Walking and biking are viable for daily errands and dining.
Drive Times from Downtown Reno
- 5 minMidtown RenoVia S Virginia St
- 10 minReno-Tahoe Intl AirportVia I-580 south
- 5 minUNR CampusVia N Virginia St
- 50 minLake Tahoe (Incline Village)Via US-395 south to NV-431
- 55 minMt. Rose Ski TahoeVia US-395 south to NV-431
- 35 minTahoe-Reno Industrial CenterVia I-80 east to USA Pkwy
- 15 minSparksVia I-80 east
- 35 minCarson CityVia US-395/I-580 south
Transportation Options
Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.
Quick Answer
How long does it take to close on a condo in downtown Reno?
Most downtown Reno condo purchases close in 30–45 days. Cash offers can close in 7–14 days. Financed purchases run 30–45 days, though the lender must approve the building in addition to the buyer — some older downtown high-rises require portfolio lenders. New condo conversions or spec units can take 60–90 days.
Quick Answer
What credit score do you need to buy a downtown Reno condo?
Conventional loans generally want 620+; FHA allows 580+ with 3.5% down for eligible buyers and FHA-approved buildings. Jumbo financing — required above $833K for penthouse and larger Riverwalk units — typically requires 700+ with 20% down and reserves. Note: lender building approval is separate from buyer approval — confirm the specific downtown Reno building is eligible for your loan type before making an offer.
Downtown Reno FAQ — 15 Answers
What Do Downtown Reno Buyers Most Frequently Ask?
Most AskedWhat is the median home price in downtown Reno?
The median asking price for a downtown Reno home is about $630,000 per NREG’s analysis of NNRMLS data data for ZIPs 89501 and 89509, at roughly $310 per square foot. Entry condos and lofts in older buildings start near $300K, mid-range units in The Palladio and The Montage cluster around $630K–$550K, and luxury high-rise penthouse units and renovated lofts reach $800K and above.
What makes downtown Reno different from other Reno neighborhoods?
Downtown Reno is the only neighborhood in the metro with a Walk Score above 90, meaning most errands and dining are reachable on foot. The Truckee Riverwalk, Midtown arts district, casinos, the National Bowling Stadium, and the iconic Reno Arch are all within walking distance. No other Reno ZIP code combines urban density, cultural amenities, and condo variety at the $300K–$800K+ price range.
What types of properties are available in downtown Reno?
Downtown Reno is condo and loft dominant: high-rises like Riverwalk Towers and Arlington Towers, mid-rise buildings like The Palladio and The Montage, converted loft spaces in historic commercial buildings, and a smaller inventory of in-town single-family homes and townhomes. Property types range from studios starting near $200K to 3-bedroom luxury units above $700K.
What schools serve downtown Reno?
Downtown Reno falls within the Washoe County School District. Kate Smith Elementary and Diedrichsen Elementary are the primary assigned elementary schools; Vaughan Middle School serves the corridor; Wooster High School and Reno High School are the assigned secondaries. Davidson Academy (gifted) and Coral Academy of Science charter are nearby options for qualifying students.
How long to get from downtown Reno to the airport?
Reno-Tahoe International Airport is about 10 minutes from downtown Reno via I-580 south — one of the shortest airport-to-urban-core drives of any Western city. That convenience matters for remote workers and business travelers who want walkable urban living without sacrificing easy air access.
What is the average days on market in downtown Reno?
Downtown Reno condos and lofts typically sell in about 53 days from list to accepted offer per NNRMLS data for ZIPs 89501 and 89509, which tracks near the broader Reno median. Well-priced units in sought-after buildings like The Palladio or Riverwalk Towers tend to go pending within three to four weeks; larger penthouse units and single-family in-town homes above $600K may take six to ten weeks.
What amenities does downtown Reno offer residents?
Downtown Reno's amenity stack is built around the Truckee Riverwalk — a mile-plus path along the river lined with restaurants, galleries, and event venues. Within walking distance: Wingfield Park (concerts and festivals), the National Bowling Stadium, multiple casino resorts, Reno's arts and gallery district, Midtown dining, and the University of Nevada Reno campus five minutes away.
What are investment and rental opportunities like in downtown Reno?
Downtown Reno condos carry strong rental demand driven by UNR students and staff, casino-sector employees, and remote workers who want urban amenities without Bay Area pricing. One- and two-bedroom units in well-maintained buildings typically rent for $1,400–$2,200/month. Investors should verify HOA rental restrictions — some buildings cap the number of non-owner-occupied units.
What are property taxes like in downtown Reno?
Property taxes follow Washoe County's effective rate of roughly 0.5–0.7% of market value. Nevada caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.4723 once the owner claims it (homes that are not owner-occupied get a cap of up to 8%). On a $630K downtown condo, the annual tax bill typically runs $3,150–$4,410 per the Washoe County Assessor — paired with Nevada's zero state income tax, the total carrying cost stays well below California equivalents.
How does downtown Reno compare to Midtown Reno?
Downtown Reno (89501) is denser, more casino-adjacent, and more condo-dominated — Walk Score 90+, entertainment on foot, higher crime. Midtown Reno (89509) is slightly quieter and more residential, with a strong restaurant and arts scene, higher median prices (~$450K), and a more mixed property type inventory. Most buyers choosing between them prefer Midtown for day-to-day livability and Downtown for walkability and investment yield.
What are HOA fees in downtown Reno buildings?
HOA fees in downtown Reno high-rises and mid-rises typically run $200–$600/month depending on the building, unit size, and amenities. Riverwalk Towers, Arlington Towers, The Palladio, and The Montage each carry their own fee structures covering common areas, building maintenance, insurance, and in some cases amenities like a gym or concierge. Always request the HOA financials, reserve study, and any special-assessment history before making an offer.
What should I know before buying in downtown Reno?
Budget for HOA fees of $200–$600/month on top of your mortgage. Verify the building allows rentals if you plan to lease the unit. Review the HOA reserve fund — older buildings like Arlington Towers may have deferred maintenance. Confirm parking: some downtown condos sell with assigned spots; others do not. And tour the block at night — the energy near the casino corridor varies significantly by location.
What is the minimum down payment to buy in downtown Reno?
Most downtown Reno condo buyers put down 10%–20%. Conventional loans start at 3% for qualified first-time buyers (580+ credit); FHA allows 3.5% — but note that FHA financing requires the building itself to be FHA-approved, which not all downtown high-rises are. At the $630K ZIP median, 10% down is $63,000 and 20% is $126,000. Call Nevada Real Estate Group at (775) 277-2120 to confirm which buildings in your price range allow FHA or VA financing.
Is downtown Reno better for buyers than Midtown Reno?
It depends on priorities. Downtown Reno has a Walk Score above 90 and more condo variety at the $300K–$550K range — ideal for investors and urban-lifestyle buyers. Midtown Reno is slightly quieter with a median near $450K, a stronger restaurant and arts scene, and a more residential feel. Both are in the same commute zone; tour both before deciding — they're about 5 minutes apart.
How long does it take to close on a downtown Reno condo?
Most downtown Reno condo purchases close in 30–45 days. Cash offers can close in 7–14 days. Financed purchases run 30–45 days from accepted offer, though the lender will need to approve the building (not just the buyer) — some older downtown high-rises require portfolio lenders rather than conventional financing. New condo conversions or spec units can take 60–90 days.
Updated October 2026
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL HAVE QUESTIONS?
Chris Nevada answers
personally.
Want more Nevada real estate answers like this in your Google results?
PEOPLE ALSO ASK
What Else Do People Ask About Downtown Reno?
These are the questions downtown Reno buyers actually type into Google — answered with specifics you can verify: prices from the NREG’s MLS analysis, crime data from City of Reno Police, HOA figures from building records, and school ratings from GreatSchools.
Is downtown Reno safe to live in?
Downtown Reno has higher crime rates than suburban Reno — a reality worth knowing. Property crime is the primary concern near the casino corridor. The Riverwalk District and the residential blocks closest to Wingfield Park have improved significantly due to the city's revitalization investment. Tour the specific block at multiple times of day and review building security before committing.
What are the best buildings in downtown Reno?
The Palladio is the most sought-after mid-rise for luxury finishes and building quality. Riverwalk Towers offers the best river views. The Montage is strong for mid-range buyers. Arlington Towers is the value entry point among established high-rises. Each building has different HOA fees, financing eligibility, and rental-cap rules — compare all four before choosing.
What is the difference between a condo, loft, and high-rise in downtown Reno?
Condos are individually owned units in a multi-unit building (all downtown high-rises and mid-rises). Lofts are condos in converted commercial or industrial buildings — typically open-plan with high ceilings and exposed materials. High-rise refers to a building with 6+ floors and typically concierge, gym, and secured parking. All three are forms of condo ownership in downtown Reno.
What are investment returns like in downtown Reno condos?
Downtown Reno condos have appreciated roughly 2% per year on average since 2020, with rental yields on 1-2BR units running 4–6% gross depending on purchase price and HOA. The UNR-driven rental demand floor is reliable, but HOA fees of $200–$600/month compress net yield. Verify rental-cap rules — some buildings limit non-owner-occupied units to 20–30%.
How much are HOA fees in downtown Reno?
HOA fees in downtown Reno buildings typically run $200–$600/month depending on the building, unit size, and amenity package. Luxury high-rises like The Palladio and Riverwalk Towers are toward the top of the range; older buildings like Arlington Towers vary by floor and unit size. Always review the reserve fund — a building with thin reserves is a hidden liability.
Is downtown Reno walkable?
Yes — downtown Reno has a Walk Score above 90, making it the most walkable neighborhood in the Reno metro. Most daily errands, dining, and entertainment are reachable on foot. The Truckee Riverwalk, Wingfield Park, restaurants, the Reno Arch, and UNR (5 min by bike) are all accessible without a car.
How close is downtown Reno to the casinos?
Downtown Reno's casino resorts — including the Peppermill Reno, Grand Sierra, and downtown casino corridor — are walking distance from most Riverwalk condos. Residents either appreciate the entertainment access or find the casino-adjacent energy a trade-off worth evaluating in person before committing to a specific unit and floor.
Is parking included with downtown Reno condos?
It depends on the building. Newer mid-rises and luxury high-rises like The Palladio typically include one or two assigned parking spots in a secured garage. Older buildings and historic loft conversions may not include parking, or may sell it as a separate add-on. Confirm parking status in the listing details — it's a material factor in downtown condo value.
WHY NEVADA REAL ESTATE GROUP
Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?
Deep knowledge of downtown Reno buildings — HOA structures, financing eligibility, reserve fund health, and rental-cap rules across Riverwalk Towers, The Palladio, The Montage, and Arlington Towers — plus 150+ licensed agents and 9,097+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume, Nevada Real Estate Group ranks #1 in Nevada.
#1
Real estate team in Nevada
Ranked Top 100 nationwide, RealTrends 2025
150+
Licensed Nevada agents
Reno, Sparks, Carson City, Lake Tahoe
$4.85B+
In total sales volume
Across 9,600+ closed transactions
9,097+
Verified 5-star reviews
4.9/5 (Google, Zillow, FastExpert)
16+
Years in Nevada real estate
Founded by Chris Nevada · License S.181401
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
WORK WITH THE BEST
Nevada's #1 team is
ready to help you move.
Ready to make a move?
Want to Talk to a Downtown Reno Real Estate Expert?
Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Which Communities Are Near Downtown Reno?
Compare downtown Reno with neighboring Reno neighborhoods and nearby Northern Nevada options. Each card pairs the commute time to downtown with the community's price positioning, so you can judge whether moving to an adjacent area actually buys you more home for the money.
More Reno communities
- Midtown Reno
- Old Northwest Reno
- The Village at Idlewild Park
- West University
- Old Southwest Reno
- Lakeridge
- The Villas at Lakeridge
- Caughlin Ranch
- Rancharrah
- Northwest Reno
- Donner Springs
- Reno Foothills
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A–Z INDEX
Which Reno Neighborhoods Can You Explore A–Z?
21 neighborhoods and communities within and around Reno — from ArrowCreek and Caughlin Ranch in the west foothills to Damonte Ranch and South Meadows in the south corridor. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges starting as low as $440K, and HOA details for that specific community.
KEEP LEARNING
What Else Should You Read About Downtown Reno and Reno?
These guides extend the research most downtown Reno buyers do next — comparing the Midtown Reno arts district, exploring the historic Old Southwest Reno neighborhood, and understanding the full Reno market — each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
Midtown Reno Community Guide
Reno's restaurant and arts hub — walkable, mixed-use, and 5 minutes from downtown at a slightly higher median.
Read →GUIDE
Old Southwest Reno Community Guide
Historic tree-lined streets, character homes from the early 1900s, and a quieter urban alternative to the downtown core.
Read →MARKET REPORT
Reno Market Hub
Truckee Meadows market data, neighborhood comparisons, and every Reno community page in one place.
Read →RELOCATION GUIDE
Reno Relocation Guide 2026
The Northern Nevada move playbook — taxes, cost of living, and neighborhoods.
Read →LIVING GUIDE
Is Reno a Good Place to Live? 2026
Jobs, cost, weather, and lifestyle for anyone weighing a move to Reno.
Read →Sources & Methodology
Where Does This Downtown Reno Data Come From?
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below — from the U.S. Census Bureau to the NREG’s analysis of NNRMLS data — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
- NREG analysis of NNRMLS data — Median sold price, days on market, list-to-sold ratio, monthly MLS statistics for ZIPs 89501 and 89509. NREG market report
- Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, and community-level data for downtown Reno. nnrmls.com
- U.S. Census Bureau — Population, demographics, household income, age distribution, and education attainment (ACS) for ZIPs 89501/89509. data.census.gov
- U.S. Census Bureau — Population estimates and change since 2020 for Reno, Sparks and Washoe County (QuickFacts). census.gov/quickfacts
- U.S. Bureau of Labor Statistics — Reno-Sparks MSA unemployment rate, employment by sector, and wage data. bls.gov/reno-sparks
- Washoe County Assessor — Property tax rates, assessed values, and parcel data for the downtown Reno corridor. washoecounty.gov/assessor
- Washoe County School District — School assignments, enrollment, and district performance data for downtown Reno (ZIPs 89501/89509). washoeschools.net
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools near downtown Reno. greatschools.org
- Nevada Report Card — Official Nevada DOE school performance data cross-referenced with GreatSchools ratings. nevadareportcard.nv.gov
- FBI Uniform Crime Reporting (UCR) — Violent and property crime rates for the Reno metro and downtown corridor, used in the safety section. fbi.gov/ucr
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator and buy-vs-rent model. freddiemac.com/pmms
- Nevada Revised Statutes — Property tax cap (NRS 361.4723) and Nevada residency / DMV deadlines cited in relocation guide. leg.state.nv.us/nrs
Methodology: Listing counts, prices and days on market are NREG's analysis of Northern Nevada Regional MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.
Updated: October 2026 · Next update: November 15