Property Managers in Reno, NV
Compare top property management companies in Reno, NV. Review services and vetting status, then reach out or request a free quote.
Rental market in Reno: rising rents
In Reno, Census median gross rent rose about 49.7% over the last five years, rents on a clear upward path. The numbers also show three-bedroom rents about 22% above the U.S. average, a population of 497,200, up 8.8% over five years, and renters in 40.1% of homes. The typical home is valued near $539,900, and the median household earns about $88,096 a year, with renters spending a median 30.9% of income on rent.
Market at a glance
Rents & affordability
People & households
Housing stock
Jobs
A professional property manager in Reno generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 63.4% of local housing is single-family, a common focus for rental owners. With vacancy near 8.6%, rent positioning and days on market can shape your return. Area unemployment is 4.5% as of August 2026. See the managers above and ask for a free quote.
These numbers cover long-term residential rentals only, not vacation rentals. Non-residential rents are not shown, yet they tend to shift with residential rents, so the local pattern remains informative.
Frequently asked questions
Are rents rising in Reno?
In the past five years, Census median gross rent rose close to 49.7%.
How do rents in Reno compare to the national average?
Measured against the U.S. average: three-bedroom +22%, four-bedroom +24%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.
Is Reno a good market for rental property?
This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 40.1% of households and vacancy sits near 8.6%. Three-bedroom rents run about 22% above the national average, and rents rose about 49.7% over five years.
How strong is rental demand in Reno?
40.1% of homes are rented, not owned, and the population of 497,200 grew 8.8% over five years. Vacancy runs near 8.6%.
Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).

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