Downtown Professionals
- Walk to work in the downtown core
- Secured entry and concierge convenience
- Maintenance-free, lock-and-leave living
- Nevada zero income tax on earnings
Downtown High-Rise Condos · Riverwalk · Reno NV
The Montage Homes For Sale
Nevada Real Estate Group — your The Montage specialists. Search condos for sale in downtown Reno's largest residential high-rise: $250K–$1.5M+, secured entry and concierge service, floor-to-ceiling river and Sierra views, steps from the Truckee River Riverwalk, and Nevada's zero state income tax.
MEDIAN LIST PRICE (ZIP 89501)
$450K
RSAR / NNRMLS, ZIP 89501, June 2026
DAYS ON MARKET
55
RSAR / NNRMLS, June 2026
BUILDING TYPE
High-Rise Condos
community-data-north.json
TO THE RIVERWALK
Half a block
Truckee River Riverwalk
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
June 21, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About The Montage at a Glance?
The Montage is downtown Reno's largest residential high-rise — a 23-story, 370-unit tower in ZIP 89501 with condos priced from $250K to $1.5M+ and a median list price near $450,000 per Reno/Sparks Association of REALTORS and NNRMLS data. The five takeaways below capture what those numbers mean for buyers in this Nevada State Demographer-tracked Washoe County tower.
- Building type: 23-story full-service high-rise condominium tower at 255 N. Sierra Street in downtown Reno — converted from the former Golden Phoenix hotel-casino in 2006–2008, the largest residential tower on the skyline.
- Median list price (ZIP 89501): $450,000 (June 2026) — ranging from roughly $250K for compact studios to $1.5M+ for large penthouses, with one- and two-bedroom homes making up most inventory.
- Best for: Downtown professionals, downsizers, lock-and-leave second-home buyers, California tax relocators, and investors who verify the building's rental policy before buying.
- HOA and utilities: HOA dues run $650–$950/month and cover water, sewer, trash, gas, building amenities, and 24-hour secured entry — most utilities are bundled into one predictable monthly figure.
- Why people choose The Montage: walkable Truckee River Riverwalk location, secured entry and concierge service, floor-to-ceiling river and Sierra views, Nevada's zero state income tax, and a $250K entry price for true high-rise ownership.
Last updated June 2026 · Sources: RSAR, U.S. Census, Nevada State Demographer
Where Can You Find The Montage Condos for Sale?
The Montage carries a limited number of active listings in downtown Reno (ZIP 89501) — condos priced $250K to $1.5M+ per NNRMLS data. According to Reno/Sparks Association of REALTORS, downtown Reno high-rise inventory is tight, and well-priced units in the largest residential tower change hands at a measured pace. Listings below refresh daily from live NNRMLS data.
PRICE DISTRIBUTION
How Many The Montage Condos Are Listed in Each Price Range?
The ZIP 89501 median list price for The Montage condos sits near $450K per Reno/Sparks Association of REALTORS June 2026 NNRMLS data. Active inventory concentrates in the $300K–$600K range, with a smaller upper tier above $800K for large view-floor units and penthouses. Each card shows current listing counts for The Montage and surrounding downtown Reno (ZIP 89501).
Browse The Montage & Downtown Reno Listings
How Can You Find a The Montage Condo by Floor Plan, Lifestyle & Price?
The Montage listings are filtered by downtown Reno ZIP 89501 — typically a handful of active condos in the tower at any time. Each link opens our live NNRMLS search pre-filtered to that slice, with counts updated daily from Reno/Sparks Association of REALTORS and NNRMLS data.
Which Downtown Reno and Riverfront Towers Should You Explore?
Tap a tower to see its dedicated page — current listings, price ranges, amenities, and what daily life looks like inside each downtown Reno high-rise and riverfront condo building.
By Floor Plan
By Price Range
Updated daily · 15 active listings · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New The Montage Listings First?
Custom alerts by price, beds, baths, and view exposure — no spam, unsubscribe anytime. With The Montage units turning over at a measured 55-day median pace per Reno/Sparks Association of REALTORS, buyers who see new listings within hours hold a real edge over buyers who check portals weekly — especially in the $250K–$450K entry band where competition is broadest.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ Henderson buyers used NREG alerts last year
Create your alert
School planning
Check schools for your address
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check Washoe school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
CRIME DATA
Review reported crime for the area
Where to start
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
Understand what the reports cover
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in The Montage, Downtown Reno NV?
The Answer
The Montage delivers turnkey downtown high-rise living: condos from $250K to $1.5M+, secured entry and concierge service, and the Truckee River Riverwalk a half-block away. Schools are served by the Washoe County School District — verify the specific 89501 downtown assignment at enrollment, as boundaries vary by block.
What is The Montage known for?
The Montage is known as downtown Reno's largest residential high-rise — a 23-story, 370-unit tower on N. Sierra Street converted from the former Golden Phoenix hotel-casino. It is recognized for its full-service amenities (secured entry, concierge service, fitness center, club lounge), floor-to-ceiling upper-floor views of the Truckee River, Wingfield Park, and the Sierra Nevada, and an unbeatable walkable location steps from the Riverwalk, dining, and the cultural district.
Who should live in The Montage?
The Montage fits downtown professionals who want maintenance-free living steps from work, downsizers leaving a single-family home for a turnkey residence with views, lock-and-leave second-home buyers, California tax relocators seeking a Nevada address for zero state income tax savings, and investors who confirm the building's rental policy first. The $250K–$1.5M+ range spans entry studio buyers to penthouse purchasers.
What is daily life like in The Montage?
Daily life at The Montage centers on walkable downtown Reno: morning coffee at the ground-floor cafe, a run or stroll on the Truckee River Riverwalk, lunch at a Riverwalk District restaurant, and Wingfield Park summer concerts steps from the lobby. The Reno Aces ballpark, Midtown, casinos, and the cultural district are all on foot, and UNR plus the airport are minutes away by car. The tower's amenities and secured entry make travel and late nights effortless.
Location
Where Is The Montage
The Montage sits at 255 N. Sierra Street in downtown Reno, Nevada (ZIP 89501), a half-block from the Truckee River and the Riverwalk District. It is roughly 2 minutes' walk to the downtown core, 8 minutes from the University of Nevada, Reno, 10 minutes from Reno-Tahoe International Airport via US-395, and 45 minutes from Lake Tahoe via I-80 and NV-431.
Downtown Reno Core
2
Min
University of Nevada, Reno
8
Min
Reno-Tahoe Int'l Airport
10
Min
Midtown Reno
6
Min
Lake Tahoe
45
Min
The Montage
At a Glance$450,000
Median List Price (ZIP 89501)
~$350+
Price / Sq Ft (condo tier)
55
Days on Market
$250K–$1.5M+
Price Range (The Montage)
- Building Type
- High-Rise Condominium Tower (23 stories)
- Price Range
- $250K–$1.5M+
- Year Converted
- 2006–2008 (from Golden Phoenix)
- Total Residences
- ~370 units
- Guard-Gated
- No (secured building entry)
- HOA / Month
- $650–$950 (utilities bundled)
- Amenities
- Concierge · Fitness · Club Lounge · Secured Parking
- ZIP Code
- 89501
- School District
- Washoe County School District
- To Riverwalk
- Half a block
- To UNR
- ~8 min
- To Reno-Tahoe Airport
- ~10 min via US-395
Quick Answer
Is The Montage a good place to own a lock-and-leave home?
The Montage is one of the strongest lock-and-leave propositions in Northern Nevada. HOA dues bundle most utilities and cover all exterior maintenance, while secured entry and concierge service manage access as you travel and the walkable location removes the need for a car. Confirm the building's extended-absence and rental policies with the HOA before buying.
Source: Nevada State Demographer
DEMOGRAPHICS
Who Lives in The Montage?
According to the U.S. Census Bureau, downtown Reno (ZIP 89501) draws a mix of working professionals, downsizers, UNR-affiliated residents, and remote workers who value walkable urban living. The Montage skews toward owner-occupant professionals and second-home buyers who prioritize amenities, views, and a turnkey downtown address over single-family space.
Condo values at The Montage have firmed as downtown Reno's revitalization — riverfront improvements, new dining, and the Reno Aces ballpark district — drew buyers seeking maintenance-free urban living at a Nevada tax address. The building skews toward professional and downsizer households, smaller household sizes, and high educational attainment — a profile consistent with downtown high-rise residences nationally.
89501
Downtown Reno, NV
$72,000+
vs Washoe County $72,000
$450K+
vs Washoe County $520K
~55%
vs Washoe County 57%
~42%
vs Washoe County 36%
~15%
vs Washoe County 27%
Half a block
Most walkable downtown
1.8
vs Washoe County 2.5
Source: U.S. Census Bureau ACS estimates & Nevada State Demographer · Updated
GROWTH & APPRECIATION
How Fast Is The Montage Market Growing?
The Montage and the broader downtown Reno condo market have appreciated over the past decade, driven by downtown revitalization, in-migration from California, and the limited supply of true high-rise residences. The Nevada State Demographer projects continued Washoe County growth through 2030, supporting sustained demand for walkable downtown Reno condo addresses.
+4%Estimated YoY median price growth (ZIP 89501, 2026)
½ blockTo the Truckee River Riverwalk
10 minTo Reno-Tahoe Airport via US-395
ZIP 89501 (downtown Reno) median condo list price trajectory, 2010–2026
The Montage condos have appreciated with the broader downtown Reno revitalization — driven by riverfront improvements, new dining and entertainment, the Reno Aces ballpark district, and sustained California in-migration to a Nevada tax address. The tower's $250K–$1.5M+ range remains an accessible entry into true high-rise ownership, keeping buyer demand broad while the supply of full-service downtown residences stays limited.
Sources: Nevada State Demographer and U.S. Census Bureau ACS. Median price figures from NNRMLS active listings; historical approximations. Last updated June 2026.
MARKET TRENDS · LAST 12 MONTHS
How Is The Montage Real Estate Market Trending?
Median list price, days on market, and active inventory for ZIP 89501 — the downtown Reno ZIP covering The Montage and surrounding riverfront towers — from Northern Nevada Regional MLS and Reno/Sparks Association of REALTORS data. Current median for the Montage condo tier sits near $450,000, up approximately 4% year-over-year, with a median 55 days on market. Updated monthly.
Median List Price (ZIP 89501 Montage tier)
+4% YoY (May 2025 → May 2026)
Source: Las Vegas REALTORS
Days on Market
45 → 55 days YoY — downtown condo tier moves at measured pace
vs the prior year
Source: Las Vegas REALTORS
Active Listings (The Montage / ZIP 89501)
~15 at any time — limited high-rise condo supply
vs the prior year
Source: Las Vegas REALTORS
The long view: Reno's median sold price rose 116% between 2015 ($273,230) and 2026 ($591,265), across 53,785 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
55
MEDIAN DAYS ON MARKET
$450K
MEDIAN LIST PRICE
$250K–$1.5M+
THE MONTAGE PRICE RANGE
< 1 hr
OUR RESPONSE TIME
INVENTORY IS TIGHT
Get matched with a
The Montage specialist.
Market Competitiveness
How Competitive Is The Montage Market Right Now?
The Montage is a measured-pace downtown high-rise condo market. Typically a handful of active listings appear in the building at any time within ZIP 89501, and homes take a median 55 days on market per NNRMLS data. Well-priced studios and one-bedrooms in the $250K–$400K entry range move faster, since the buyer pool at that accessible tier is broader.
48Measured-Pace Urban
- 55 daysMedian days on market (The Montage / ZIP 89501)
- $250K–$1.5M+The Montage price range
- ~$350+Median price per sq ft (condo tier)
- High-Rise CondosBuilding character
Is The Montage Right for You?
Who Should Buy a Condo in The Montage?
The Montage spans $250K entry studios to $1.5M+ view-floor penthouses — the most turnkey full-service address in downtown Reno. Six buyer profiles below match lifestyles to specific Montage options, followed by the honest pros and trade-offs our team walks every client through before they commit.
Which The Montage Profile Fits Your Buyer Type?
Downsizers
- Trade single-family upkeep for turnkey living
- Floor-to-ceiling river and Sierra views
- Utilities bundled into one HOA payment
- Walkable dining, parks, and culture
California Tax Relocators
- Save on state income tax — up to 13.3% in CA
- Downtown Reno address at a Nevada tax base
- Zero state capital-gains tax at Nevada level
- 3% annual property-tax cap under NRS 361.471
Lock-and-Leave Second-Home Buyers
- Secured entry handles access while traveling
- 10 minutes to Reno-Tahoe Airport
- No exterior or yard maintenance
- Lake Tahoe recreation 45 minutes away
Remote Workers
- Walkable downtown base for WFH
- Strong downtown internet and coworking nearby
- Zero Nevada income tax on remote earnings
- Airport and UNR minutes away
Investors (Policy Permitting)
- Steady long-term rental demand from UNR & Renown
- Verify building HOA rental policy first
- Check City of Reno short-term rental rules
- Walkable location commands rental premium
Best Fit For
- Downtown professionals — Walk to work, secured entry and concierge service, and a turnkey maintenance-free residence steps from dining and the Riverwalk — at a Nevada zero-income-tax address.
- Downsizers — Trade single-family upkeep for a view-floor condo with bundled utilities, secured entry, and walkable parks and dining — without the lawn, roof, or exterior maintenance.
- California tax relocators — Nevada zero state income tax versus California's up to 13.3% — a downtown Reno high-rise address the West Coast urban markets cannot match on a tax-adjusted basis.
- Lock-and-leave second-home buyers — Secured entry manages access while you travel, the airport is 10 minutes away, and there is no exterior maintenance — ideal for part-time Reno-Tahoe residents.
- Remote workers — A walkable downtown base with strong internet, coworking and dining on foot, UNR and the airport minutes away, and zero Nevada income tax on remote earnings.
- Investors (policy permitting) — Steady long-term rental demand from UNR faculty, Renown Health staff, and downtown professionals — conditional on verifying the building HOA rental policy and City of Reno rules first.
Ready to explore condos in The Montage? Our team knows the building's floor plans, HOA structure, warrantability requirements, and floor-by-floor view premiums.
Start Your The Montage SearchPros
- Half a block to the Truckee River Riverwalk — among the most walkable addresses in Northern Nevada
- Full-service amenities — secured entry, concierge service, fitness center, club lounge, controlled-access parking
- Accessible high-rise entry point at $250K–$1.5M+ for true downtown ownership
- HOA dues bundle water, sewer, trash, and gas — predictable lock-and-leave living
- Floor-to-ceiling river, park, Sierra, and city-light views on upper floors
- Zero Nevada state income tax and a 3% annual property-tax cap under NRS 361.471
- 10 minutes to Reno-Tahoe Airport and 8 minutes to UNR
Honest Considerations
- HOA dues of $650–$950/month are substantial — though they cover most utilities and all building maintenance
- Not all units allow short-term rentals — verify the building HOA CC&Rs and City of Reno rules before investing
- High-rise condo financing requires lender warrantability approval of the building
- Downtown conditions vary block by block — walk the immediate area at different times before buying
- Limited inventory — only a handful of the ~370 units are typically listed at any time
Tower Comparison
How Does The Montage Compare to Palladio, Arlington Towers & Other Downtown Reno Buildings?
A like-for-like comparison of the most-searched downtown Reno condo towers — median price, days on market, HOA, and lifestyle fit — using active-listing data refreshed monthly via Reno/Sparks Association of REALTORS and NNRMLS. Prices span $250K for Montage studios to $1.5M+ for view-floor penthouses.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| The Montage | $450,000 | ~$350+ | 55 | 15 | Full-Service · High-Rise · Riverwalk |
| Palladio | $650,000 | ~$420+ | 60 | 8 | Luxury · Infinity Pool · Riverfront |
| Arlington Towers | $280,000 | ~$280+ | 50 | 10 | Value · Established · Truckee River |
| Riverwalk Towers | $300,000 | ~$300+ | 55 | 8 | Riverfront · Converted Hotel · Value |
| Downtown Reno (all) | $420,000 | ~$330+ | 52 | 60 | Full Downtown Inventory |
Source: Reno/Sparks Association of REALTORS and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Tower Deep Dive
What's Inside Each Downtown Reno Tower?
Submarket 1
The Montage
Downtown Reno's largest residential high-rise — a 23-story, 370-unit full-service tower a half-block from the Truckee River, with secured entry, concierge service, and the most complete amenity package among downtown buildings.
Browse The Montage homes →$450KMedian Price
55Days on Market
15Active Listings
~$350+Price / Sq Ft
Submarket 2
Palladio
A newer, smaller luxury riverfront tower two blocks south with an infinity pool and higher-end finishes — a step up in price and luxury from the Montage tier.
Browse Palladio homes →$650KMedian Price
60Days on Market
8Active Listings
~$420+Price / Sq Ft
Submarket 3
Arlington Towers
Established 22-story twin towers on the Truckee River with generally lower entry pricing — a value-oriented downtown high-rise alternative.
Browse Arlington Towers homes →$280KMedian Price
50Days on Market
10Active Listings
~$280+Price / Sq Ft
Submarket 4
Riverwalk Towers
The former Comstock Hotel converted to riverfront condos steps from Wingfield Park — an intimate downtown building at accessible price points.
Browse Riverwalk Towers homes →$300KMedian Price
55Days on Market
8Active Listings
~$300+Price / Sq Ft
Submarket 5
Downtown Reno (all)
The full downtown Reno condo and loft market — high-rise towers, riverfront conversions, and lofts spanning a wide range of prices and building styles.
Browse Downtown Reno (all) homes →$420KMedian Price
52Days on Market
60Active Listings
~$330+Price / Sq Ft
Submarket 6
The Montage — Downtown Reno's Flagship Tower
The most turnkey full-service entry into downtown Reno high-rise ownership — a 23-story, 370-unit tower a half-block from the Truckee River Riverwalk, with secured entry, concierge service, a fitness center, and a club lounge. Upper-floor units capture floor-to-ceiling river, park, Sierra, and city-light views. The only downtown building combining this scale, amenity package, and Sierra Street walkability at a $250K entry price.
Browse The Montage — Downtown Reno's Flagship Tower homes →From $250KAccessible Entry
23 StoriesLargest Downtown Tower
½ blockTo the Riverwalk
10 minTo Reno Airport
Where Is The Montage on the Map?
The Montage sits at 255 N. Sierra Street in downtown Reno, Nevada (ZIP 89501), a half-block from the Truckee River and Riverwalk District, roughly 2 minutes' walk from the downtown core, 6 minutes from Midtown, 8 minutes from the University of Nevada, Reno, and 10 minutes from Reno-Tahoe International Airport via US-395.
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,061+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
Not sure which downtown Reno
tower fits?
BY ZIP CODE
What Does the Market Look Like in ZIP 89501?
ZIP 89501 covers downtown Reno along the Truckee River, including The Montage and the surrounding high-rise and riverfront condo towers. The table below puts this ZIP in context against neighboring northern Nevada ZIPs — 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 · The Montage · Riverwalk | $450K | ~$350 | 55 | 60 | +4.0% |
| 89509 | Old Southwest · Midtown Reno | $640K | ~$360 | 34 | 120 | +3.1% |
| 89503 | Old Northwest Reno | $520K | ~$330 | 32 | 110 | +2.8% |
| 89521 | South Reno · Damonte Ranch | $680K | ~$320 | 32 | 220 | +2.4% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
Source: Reno/Sparks Association of REALTORS 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.
Building & Floor-Plan Guide
What Are the Key Floor-Plan Tiers in The Montage?
The Montage is a single 23-story tower with a range of floor plans rather than a multi-builder community. Pricing and HOA dues scale with unit size and floor level: lower-floor studios and one-bedrooms anchor the entry tier, mid-floor two-bedrooms add space and views, and upper-floor and penthouse units command the view premium. Verify the specific unit's HOA dues, square footage, and view exposure before writing an offer.
Compact · Entry Tier
Studio Residences
Near 587 sq ft; the most accessible high-rise entry
Efficient · Walkable
One-Bedroom Residences
Most common floor plan; strong rental demand
Space · River Views
Two-Bedroom Residences
Larger plans; upper floors capture river and Sierra views
Premium · Top Tier
Penthouse / View Floors
Floor-to-ceiling views; 1,500+ sq ft units
Alternative Buildings
Downtown Reno Towers
Other downtown high-rise options nearby
Outdoor & Urban Recreation
What Recreation Is Near The Montage?
The Montage residents live at the center of downtown Reno's outdoor and cultural recreation — the Truckee River and Riverwalk at the doorstep, Wingfield Park concerts a half-block away, and Lake Tahoe 45 minutes by car. The City of Reno Parks & Recreation manages the riverfront amenities that make downtown one of the most recreation-rich urban addresses in Northern Nevada.
HALF A BLOCK
Truckee River Riverwalk
Riverfront promenadeWalking · Running · DiningFree
The Truckee River Riverwalk runs along the river through downtown — a tree-lined promenade lined with restaurants, galleries, and cafes, steps from the Montage lobby and a daily amenity for residents.
HALF A BLOCK
Wingfield Park
Island parkConcerts · Festivals · KayakingFree
A small island park in the middle of the Truckee River hosting summer concerts, the Artown festival, and community events — plus the adjacent kayak park for whitewater paddling right downtown.
STEPS AWAY
Truckee River Kayak Park
Whitewater courseKayaking · Tubing · PaddlingFree
An engineered whitewater course on the Truckee River in the heart of downtown — a rare urban paddling and tubing amenity within walking distance of The Montage.
5 MIN WALK
Reno Aces Ballpark
Minor-league stadiumBaseball · EventsTicketed
Greater Nevada Field, home of the Reno Aces (Triple-A baseball) and Reno 1868 events — a short walk from the building for game nights and concerts.
6 MIN
Midtown Reno
Arts & dining districtDining · Shopping · NightlifeFree
Reno's eclectic arts-and-dining district just south of downtown — independent restaurants, breweries, boutiques, and murals, easily reached on foot or by a short drive.
8 MIN
University of Nevada, Reno
R1 campusEvents · Athletics · CultureVaries
The state's flagship research university — Wolf Pack athletics, the Lawlor Events Center, lectures, and cultural programming, eight minutes north of The Montage.
10 MIN
Rancho San Rafael Regional Park
618 acresHiking · Trails · ArboretumFree
Washoe County's largest regional park near UNR — trails, an arboretum, and the annual Great Reno Balloon Race, a short drive from downtown.
45 MIN
Lake Tahoe
191 sq miSkiing · Boating · BeachesVaries
North America's largest alpine lake — skiing in winter and boating and beaches in summer, 45 minutes from The Montage via I-80 and NV-431 for weekend recreation.
The Montage Lifestyle
What Does a Weekend at The Montage Look Like?
A Saturday at The Montage: morning coffee at the ground-floor cafe, a run on the Truckee River Riverwalk a half-block away per the City of Reno Parks & Recreation, a Wingfield Park concert in the afternoon, dinner in the Riverwalk District, and a Reno Aces game — all on foot, then Lake Tahoe 45 minutes away on Sunday.
300+Days of Sun
½ blockTo the Riverwalk
8 minTo UNR
45 minTo Lake Tahoe
THIS WEEKEND'S OPEN HOUSES
Can You Tour The Montage Condos This Weekend?
The Montage condos show by appointment — weekend open houses are uncommon in the downtown Reno high-rise market because the building requires secured entry. Contact Nevada Real Estate Group at (775) 277-2120 to schedule a private showing or request a video walkthrough. Set up instant alerts to get notified when a unit in your price range and on your preferred floor becomes available.
Planning a move
What Should I Verify Before Moving to The Montage?
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Review taxes for your circumstances
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Compare written costs and property requirements
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
How to Relocate to The Montage in 8 Steps
Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.
Define your property and location needs
Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.
Confirm financing and the full ownership budget
Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.
Agree on representation and the search process
Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.
Investigate the exact address
Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.
Review the offer and its deadlines
Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.
Review inspections and property documents
Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.
Coordinate services and moving arrangements
Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.
Confirm possession and new-resident requirements
Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.
ECONOMY & JOBS
What Drives the Economy Near The Montage?
The Montage residents are walking distance from downtown Reno's professional core and minutes from the region's largest employers. According to the U.S. Bureau of Labor Statistics, Reno-Sparks MSA unemployment runs near historic lows — driven by Renown Health, UNR, Tesla, and Switch, most within a short drive of the building.
$72,000+Median household income (Reno city)U.S. Census ACS estimate
Downtown coreWalkable professional job baseBanking, law, government, services
8 minTo University of Nevada, RenoVia N Virginia St
10 minTo Reno-Tahoe International AirportVia US-395
Top Employers Accessible from The Montage
- Downtown Reno Professional CoreBanking, legal, government, and professional-services employers within walking distance of the building
- Renown HealthNorthern Nevada's largest healthcare system, minutes south of downtown Reno
- University of Nevada, RenoR1 research university, 8 minutes north — the region's largest higher-education employer
- Tesla Gigafactory NevadaBattery & EV manufacturing at Tahoe-Reno Industrial Center (~30 min east via I-80)
- SwitchHyperscale data centers, Tahoe-Reno Industrial Center (~30 min east)
- Tourism & Gaming SectorDowntown Reno hotels, casinos, and the events/entertainment industry steps from the building
Sources: U.S. Bureau of Labor Statistics, Nevada State Demographer. Last updated June 2026.
TOWER COMPARISON
How Does The Montage Compare to Palladio, Arlington Towers & Downtown Reno?
Choosing between downtown Reno condo towers? This table compares The Montage ($450K, full-service high-rise), Palladio ($650K, luxury riverfront), Arlington Towers ($280K, value high-rise), and the broader downtown Reno market ($420K). Metrics from RSAR, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | The Montage | Palladio | Arlington Towers | Downtown Reno |
|---|---|---|---|---|
| Median List Price | $450K | $650K | $280K | $420K |
| Price / Sq Ft | ~$350 | ~$420 | ~$280 | ~$330 |
| Days on Market | 55 | 60 | 50 | 52 |
| HOA / Month | $650–$950 | $700–$1,100 | $400–$700 | Varies |
| Stories | 23 | ~14 | 22 | Varies |
| Building Type | High-Rise Condo | Luxury High-Rise | High-Rise Condo | Mixed Towers |
| Secured Entry | Yes (concierge) | Yes | Yes | Varies |
| To Riverwalk | ½ block | 2 blocks | Riverfront | Varies |
| Best For | Full-Service · Scale | Luxury · Pool | Value · Entry | Full Inventory |
Sources: Reno/Sparks Association of REALTORS, U.S. Census ACS. Last updated June 2026.
Cost of Ownership
What Will The Montage 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 The Montage Payment
$3,045
Illustrative Monthly Payment
- Principal & Interest$2,395
- Property Tax$300
- Insurance$150
- HOA$200
- PMI$0
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 The Montage?
From The Montage, the downtown core is a 2-minute walk, UNR is 8 minutes, and Reno-Tahoe International Airport is 10 minutes via US-395. Many residents walk or bike for daily life and drive only for the airport, Tahoe, or suburban errands per U.S. Census ACS data — walkability is the building's defining transportation advantage.
Drive & Walk Times from The Montage
- 2 minDowntown Reno CoreWalkable
- 1 minTruckee River RiverwalkWalkable
- 6 minMidtown RenoVia S Virginia St
- 8 minUniversity of Nevada, RenoVia N Virginia St
- 10 minReno-Tahoe Intl AirportVia US-395
- 12 minSparksVia I-80 E
- 45 minLake Tahoe (Incline Village)Via NV-431 Mt Rose Hwy
- 35 minCarson CityVia US-395 S
Transportation Options
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC Washoe.
Quick Answer
How long does it take to close on a condo at The Montage?
Most Montage condo purchases close in 30–45 days, while cash offers close in 7–14 days. The key gate is lender warrantability — financed purchases require the lender to approve the building first, the most common delay in high-rise condo deals. Confirm warrantability before writing your offer to avoid late surprises.
Quick Answer
What credit score do you need to buy a Montage condo?
Credit requirements at The Montage depend on the unit price and loan type. Entry studios and one-bedrooms under the 2026 conforming limit can be financed conventionally with a 620+ score (or 580+ with FHA, if the building is FHA-approved), typically with 3–5% down. Larger view units and penthouses above $766,550 require jumbo financing, which usually wants a 700+ credit score, 20% down, and cash reserves. In all cases, your lender must confirm the building's warrantability before final approval. Cash buyers face no credit requirement but should still budget 1–2% for closing costs.
The Montage FAQ — 18 Answers
What Do The Montage Buyers Most Frequently Ask?
Most AskedWhat is the median home price at The Montage?
The Montage condos trade from roughly $250,000 for compact studios to $1,500,000 or more for large penthouses, per Northern Nevada Regional MLS data for ZIP 89501. The current median list price in the building runs near $450,000 according to Reno/Sparks Association of REALTORS, with one- and two-bedroom homes making up most of the inventory — making The Montage one of the most accessible ways to own a true downtown Reno high-rise residence.
What makes The Montage different from other downtown Reno condos?
The Montage is the largest residential high-rise on the downtown Reno skyline — a 23-story full-service tower at 255 N. Sierra Street converted from the former Golden Phoenix hotel-casino between 2006 and 2008. Unlike low-rise riverfront condos, it offers secured building entry, concierge-style service, a fitness center, and a club lounge, with floor-to-ceiling windows on upper floors framing the Truckee River, Wingfield Park, and the Sierra Nevada. It is a single building, not a master plan.
What types of residences are in The Montage?
The Montage offers roughly 370 condominium residences across 23 stories, spanning studio, one-, two-, and three-bedroom floor plans plus penthouses. Units range from compact studios near 587 square feet to expansive multi-bedroom homes and penthouses well over 1,500 square feet. Upper-floor residences feature floor-to-ceiling windows with river, park, mountain, and city-light views. All fall under a single building HOA covering most utilities, amenities, and 24-hour secured entry.
Is The Montage guard-gated?
No — as a downtown high-rise, The Montage is not guard-gated, but it delivers comparable day-to-day security through secured building entry, controlled-access parking, and concierge-style service for residents. The lobby is staffed, elevators are key-controlled to resident floors, and the tower's vertical design adds a natural layer of access control that ground-level neighborhoods cannot match. Buyers who want a 24-hour staffed-gate model in Reno should look at gated single-family communities such as ArrowCreek or Montreux.
What are HOA dues like at The Montage?
HOA dues at The Montage typically run about $650 to $950 per month depending on unit size, since full-service towers charge by square footage. Dues generally cover water, sewer, trash, gas, building amenities, secured entry, and common-area maintenance — a major part of what makes the building a true lock-and-leave residence. Contact Nevada Real Estate Group at (775) 277-2120 for current dues on any specific listing; always request the HOA budget, reserve study, and any pending special assessments during escrow.
What amenities does The Montage include?
The Montage offers a fitness center, a club lounge, secured building entry, controlled-access parking, and concierge-style service for residents. Ground-floor retail, a coffee shop, and restaurant space sit beneath the tower, so daily conveniences are an elevator ride away. The building's defining amenity is its location: the Truckee River Riverwalk, Wingfield Park, Midtown Reno, and the Reno Aces ballpark are all within walking distance. Confirm which specific amenities are active and any usage rules during your due-diligence period.
What schools serve The Montage?
The Montage is in the Washoe County School District, which serves downtown Reno (ZIP 89501). Downtown attendance boundaries can vary block by block, so families should verify their specific elementary, middle, and high school assignment for 255 N. Sierra Street directly with the Washoe County School District at enrollment. The Davidson Academy (gifted, on the UNR campus) and Coral Academy of Science are regional charter alternatives a short drive away for qualifying students.
How walkable is The Montage?
The Montage is among the most walkable addresses in Northern Nevada. From the lobby, the Truckee River Riverwalk and Wingfield Park are a half-block away, with downtown dining, cafes, casinos, the Reno Aces ballpark, and the cultural district all within a few blocks. The University of Nevada, Reno is about eight minutes north, and the kayak park sits steps from the building — residents routinely run errands, dine, and enjoy concerts entirely on foot.
What are property taxes like at The Montage?
Property taxes at The Montage fall under Washoe County's jurisdiction. Nevada's effective property-tax rate runs roughly 0.5–0.7% of taxable value, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $450,000 Montage condo, the annual tax bill typically runs approximately $2,250–$3,150 per Washoe County Assessor data. Nevada also levies no state income tax, a meaningful advantage for professionals, downsizers, and California relocators choosing a downtown Reno address.
Can I rent out a Montage condo short-term?
Short-term rentals at The Montage are governed by City of Reno ordinance and the building's HOA CC&Rs — many downtown condo associations restrict or prohibit nightly rentals, and some require owner-occupancy or minimum lease terms. Before purchasing a Montage condo as an investment, verify the City of Reno short-term rental permit rules for the address and review the building's CC&Rs and rental cap. Long-term leasing is more commonly permitted, but confirm the current rental policy and any waitlist with the HOA first.
How competitive is the market at The Montage?
Inventory at The Montage turns over at a measured pace — the building holds roughly 370 units, and only a handful are typically listed at any time. Per NNRMLS data for ZIP 89501, well-priced downtown Reno condos in the entry-to-mid range generally go under contract in around 55 days, while larger view-floor units and penthouses can take two to four months. When a Montage unit is priced correctly for its floor and view, demand from downsizers, professionals, and second-home buyers can move it quickly.
What is the investment case for Montage condos?
The Montage offers an accessible entry into downtown Reno high-rise ownership — an irreplaceable riverfront skyline address with secured entry and full amenities at a price floor near $250,000. Downtown Reno's ongoing revitalization, the limited supply of true high-rise residences, and Nevada's zero state income tax support the long-run case. Buyers planning a 5+ year hold benefit from appreciation potential and steady long-term rental demand from UNR, Renown Health, and downtown employers — subject to HOA rental-policy verification before buying.
How does The Montage compare to other downtown Reno towers?
The Montage is downtown Reno's largest residential high-rise at 23 stories and roughly 370 units, with a broad $250K–$1.5M+ range. Palladio is a newer, smaller luxury riverfront tower with an infinity pool, generally priced from the high $300Ks. Arlington Towers and the former-Comstock Riverwalk Towers offer lower entry pricing in established buildings. The Montage's scale, amenity package, and Sierra Street position give it the most turnkey full-service profile of the downtown towers.
What should I budget for monthly costs at The Montage?
At a $450,000 Montage purchase with 20% down at 7% interest, principal and interest runs approximately $2,395/month. Add Washoe County property tax of roughly $225–$265/month, HOA dues of $650–$950/month (which cover most utilities), and homeowners insurance. Total monthly carrying costs for a financed purchase typically run $3,500–$4,000 before factoring Nevada's zero state income tax savings. The HOA bundling of water, sewer, trash, and gas means your separately billed utilities are minimal compared with a single-family home.
What do Montage buyers need to know about the HOA?
Before writing an offer on any Montage condo, request the full HOA document package: CC&Rs, bylaws, the past two years of meeting minutes, the reserve fund study, the current operating budget, and any pending or recently levied special assessments. High-rise towers carry significant building-envelope, elevator, and mechanical reserve obligations, so a reserve fund below 70% funded is a yellow flag. Confirm the master hazard insurance policy on the structure and verify the building's lender warrantability if you are financing.
What is the minimum down payment to buy at The Montage?
The Montage spans a wide price range, so financing varies. Entry studios and one-bedrooms near $250,000–$400,000 fall under the 2026 conforming loan limit, where conventional financing can go as low as 3–5% down for qualified buyers, or 3.5% with FHA if the building is FHA-approved. Larger view units and penthouses above $766,550 require jumbo financing, typically 20% down with a 700+ credit score. Because this is a condo tower, your lender must also confirm the building is warrantable. Call Nevada Real Estate Group at (775) 277-2120 to confirm current programs for The Montage.
Is The Montage a good lock-and-leave or downsizer home?
The Montage is one of the strongest lock-and-leave propositions in Northern Nevada. HOA dues cover most utilities and all exterior and common-area maintenance, secured entry and concierge service handle access while you travel, and the walkable downtown location means no car is needed for daily life. Downsizers leaving a single-family home gain a turnkey residence with skyline and river views, and professionals get a maintenance-free base steps from work and dining. Confirm the building's lock-and-leave policies and any extended-absence notification rules with the HOA.
Can Nevada Real Estate Group help me buy or sell a Montage condo?
Yes — Nevada Real Estate Group represents buyers and sellers throughout downtown Reno, including The Montage. Our agents prepare a custom CMA using NNRMLS closed data specific to the building and ZIP 89501, and we know the HOA structure, warrantability requirements, and floor-by-floor view premiums that drive value in the tower. We have the buyer network to reach professionals, downsizers, and relocating buyers targeting downtown Reno. Call (775) 277-2120 or submit the form below for a no-obligation consultation.
Updated June 2026
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PEOPLE ALSO ASK
What Else Do People Ask About The Montage?
Beyond the main FAQ, these are the questions Montage buyers most frequently type into Google and AI assistants — each answered with verifiable specifics: prices sourced from the Reno/Sparks Association of REALTORS, HOA dues from building records, amenity details from the community profile, and GreatSchools 2026 school ratings.
Is The Montage a good investment?
The Montage offers an accessible entry into downtown Reno high-rise ownership — a structurally limited supply of true full-service towers. Downtown revitalization, steady long-term rental demand from UNR and Renown Health, Nevada zero state income tax, and the 3% property-tax cap under NRS 361.471 create favorable long-term ownership math. Buyers planning 5+ year holds have historically seen firm appreciation in ZIP 89501 — verify the building HOA rental policy before buying as an investment.
What is The Montage in Reno?
The Montage is a 23-story high-rise condominium tower at 255 N. Sierra Street in downtown Reno, Nevada — the largest residential high-rise on the skyline, converted from the former Golden Phoenix hotel-casino between 2006 and 2008. It holds roughly 370 condos from studios to penthouses, with secured entry, concierge service, a fitness center, and a club lounge, a half-block from the Truckee River Riverwalk.
Can I do a short-term rental at The Montage?
Short-term rentals at The Montage are subject to two layers of rules: (1) City of Reno short-term rental ordinance — downtown rules and permit availability apply to the specific address; (2) the building HOA CC&Rs — many downtown towers restrict or prohibit nightly rentals and may impose a rental cap or minimum lease term. Both must be verified before purchasing as a vacation-rental investment. Long-term leasing is more commonly permitted, but confirm the current building rental policy first.
What amenities does The Montage have?
The Montage offers secured building entry, controlled-access parking, a fitness center, a club lounge, and concierge-style service. Ground-floor retail, a coffee shop, and restaurant space sit beneath the tower. The building's amenity advantage is also its location — the Truckee River Riverwalk, Wingfield Park, Midtown, the Reno Aces ballpark, and the cultural district are all within walking distance, and UNR plus the airport are minutes away.
How tall is The Montage and how many units?
The Montage stands 23 stories tall with roughly 370 condominium residences — the largest residential high-rise on the downtown Reno skyline. Floor plans span studios near 587 square feet up to penthouses well over 1,500 square feet. Upper floors carry floor-to-ceiling windows framing the Truckee River, Wingfield Park, the Sierra Nevada, and downtown city lights.
What are the best units in The Montage?
Upper-floor units command premium pricing for floor-to-ceiling views of the Truckee River, Wingfield Park, the Sierra Nevada, and downtown city lights — these are the $850K–$1.5M+ penthouses and large two-bedrooms. Entry studios and one-bedrooms in the $250K–$480K range offer the most accessible downtown high-rise ownership. Within each tier, south- and west-facing units with river or sunset exposure are the most sought-after.
Is downtown Reno worth it over the suburbs?
For buyers who want walkability, full-service amenities, and a maintenance-free urban base, The Montage and downtown Reno are uniquely positioned — no suburban community matches the Riverwalk-at-your-door lifestyle. For buyers who prioritize single-family space, yards, and assigned suburban schools, South Reno master plans like Damonte Ranch offer strong value at $600K–$700K versus the Montage's $250K–$1.5M+ condo range.
Is financing a Montage condo difficult?
Financing a Montage condo is straightforward once the building is confirmed warrantable by your lender — the single most important step in any high-rise condo deal. Entry units under the conforming limit can use conventional or FHA loans (if the building is FHA-approved); larger units above $766,550 require jumbo financing with stronger credit and reserves. Work with a lender experienced in downtown Reno high-rises, and confirm the building's warrantability before writing your offer to avoid late surprises.
WHY NEVADA REAL ESTATE GROUP
Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?
Deep knowledge of downtown Reno high-rise towers — HOA structures, building warrantability, City of Reno rental rules, and floor-by-floor view premiums — plus 150+ licensed agents and 9,061+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume, Nevada Real Estate Group ranks #1 in Nevada, covering every Montage tier from entry studios to view-floor penthouses.
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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 TOWERS & COMMUNITIES
Which Communities Are Near The Montage?
Compare The Montage with neighboring downtown Reno towers and nearby communities. Each card pairs the walk or drive time to The Montage with the building's price positioning, so you can judge whether an adjacent building or neighborhood buys you a meaningfully different lifestyle.
More Reno communities
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A–Z INDEX
Which Downtown Reno and Northern Nevada Communities Can You Explore?
Key downtown Reno towers and Northern Nevada communities — from The Montage high-rise condos to Midtown's arts district to South Reno master plans. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges, and building or community details for that specific area.
R
KEEP LEARNING
What Else Should You Read About The Montage and Downtown Reno?
These guides extend the research most Montage buyers do next — comparing other downtown Reno towers, exploring the broader downtown condo market, and reviewing Northern Nevada community data — each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
Palladio Tower Guide
Newer luxury riverfront high-rise with an infinity pool and higher-end finishes, two blocks south of The Montage — a step up in price and luxury.
Read →GUIDE
Downtown Reno Real Estate Guide
The full downtown Reno condo and loft market — high-rise towers, riverfront conversions, and lofts from $200K to $1.5M+ along the Truckee River.
Read →MARKET REPORT
Reno Market Hub
Truckee Meadows and Northern Nevada market data, neighborhood comparisons, and every Reno and Lake Tahoe 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 The Montage 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 Reno/Sparks Association of REALTORS — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
- Reno/Sparks Association of REALTORS (RSAR) — Median sold price, days on market, list-to-sold ratio, and monthly MLS statistics for ZIP 89501 (downtown Reno / The Montage). rsar.realtor
- Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, and building-level data for The Montage and downtown Reno. nnrmls.com
- U.S. Census Bureau — Population, demographics, household income, age distribution, and education attainment (ACS) for Reno city and ZIP 89501. data.census.gov
- Nevada State Demographer — City and county population estimates and growth projections for Washoe County and the Reno-Sparks MSA. census.gov/quickfacts
- U.S. Bureau of Labor Statistics — Reno-Sparks MSA unemployment rate, employment by sector, and wage data used in the economy section. bls.gov/reno-sparks
- Washoe County Assessor — Property tax rates, assessed values, and parcel data for downtown Reno and The Montage (ZIP 89501). washoecounty.gov/assessor
- Washoe County School District — School assignments, enrollment, and district performance data for downtown Reno schools (ZIP 89501). washoeschools.net
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools near The Montage. greatschools.org
- Nevada Report Card — Official Nevada DOE school performance data cross-referenced with GreatSchools ratings. nevadareportcard.nv.gov
- City of Reno — Downtown revitalization, parks and Riverwalk amenities, short-term rental ordinance, and transportation information used throughout this page. reno.gov
- 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 361.471) and Nevada residency / DMV deadlines cited in relocation guide. leg.state.nv.us/nrs
- Reno Police Department — Downtown patrol presence and crime statistics referenced in the safety section. reno.gov/police
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).