Why Live in Downtown Reno
Downtown Reno, known as "The Biggest Little City in the World," is a vibrant neighborhood with a rich history dating back to the mid-1800s mining rush. Today, it thrives on its gaming and tourism industries, attracting millions of visitors annually. The area is bustling, ideal for those who enjoy an active lifestyle. Recreation is a major draw, with hotels and casinos like Circus-Circus and the Silver Legacy offering games, live shows, and dining options. The Truckee River provides a scenic backdrop with popular fishing spots, while Wingfield Park offers a peaceful retreat with greenery and live performances. Sports enthusiasts can catch a Reno Aces baseball game at Greater Nevada Field or bowl at the National Bowling Stadium. For groceries, the Great Basin Community Food Co-Op supplies local produce, and Meadowood Mall, 6 miles southeast, caters to other shopping needs. Dining options include the Wild River Grille and the historic Gold 'n Silver Inn. Housing in Downtown Reno is primarily condo living, with prices ranging from the low-$100,000s for studios to high-rise penthouses in the high $700,000s, accompanied by HOA fees between $800 to $1,000 monthly. The neighborhood is highly walkable, with convenient access to casinos and shows. Interstate 80 and the Reno-Tahoe International Airport, 5 miles southeast, provide easy travel options. Public transportation is available with frequent bus pickups. Students attend highly rated schools, including Archie Clayton Pre-AP Academy and Reno High School, known for its strong academic programs.
Frequently Asked Questions
Is Downtown Reno a good place to live?
Downtown Reno is a good place to live. Downtown Reno is considered very walkable and very bikeable with good transit options. Downtown Reno is a suburban neighborhood. Downtown Reno has 7 parks for recreational activities. It is somewhat dense in population with 6.9 people per acre and a median age of 47. The average household income is $52,530 which is below the national average. College graduates make up 23.8% of residents. A majority of residents in Downtown Reno are renters, with 85.3% of residents renting and 14.7% of residents owning their home. A
local real estate agent serving Downtown Reno can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Reno neighborhood guide.
Is Downtown Reno, NV a safe neighborhood?
Downtown Reno, NV is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Downtown Reno?
The median home price in Downtown Reno is $330,000. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Downtown Reno. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Downtown Reno is $53K.
What are the best public schools in Downtown Reno?
The best public schools that serve Downtown Reno are:
What are the best private schools in Downtown Reno?
The best private schools that serve Downtown Reno are:
What are the most popular zip codes in Downtown Reno, Reno, NV?
What are the most popular neighborhoods near Downtown Reno, Reno, NV?
Are home prices dropping in Downtown Reno?
Yes, home prices in Downtown Reno are down 10% in the last 12 months.
Home Trends in Downtown Reno, NV
On average, homes in Downtown Reno, Reno sell after 110 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Reno, Reno over the last 12 months is $295,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$295,000
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$559,200
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$339
Number of Homes for Sale
18
Last 12 months Home Sales
48
Median List Price
$330,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-2%