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REI Lense

Reno, NV Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Reno, NV. Based on 40+ datapoints.

Reno, NV Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

3.4%

Avg Cash on Cash

-13.3%

Median Cashflow

-$1,297/mo

Avg Rent Estimate

$2,826/mo

Avg Price

$599,583

Price Range

$379,300 - $841,600

Rent to Price

0.47%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Reno, NV

Reno, NV is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.4%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 40+ analyzed properties, the median monthly cashflow in Reno, NV is -$1,297 with average rents of $2,826/month. Properties range from $379,300 to $841,600, offering entry points across multiple investment budgets.

535 Cliff View Dr, Reno, NV 89523

Price

$756,100

Rent

$3,284

CachFlow

-$1,666

CoC

-12.59

Full Analysis

7695 Bichon St, Reno, NV 89506

Price

$463,900

Rent

$2,357

CachFlow

-$853

CoC

-10.51

Full Analysis

9040 Rising Moon Dr, Reno, NV 89506

Price

$464,700

Rent

$2,288

CachFlow

-$938

CoC

-11.53

Full Analysis

7655 E Key Largo Ct, Reno, NV 89506

Price

$459,800

Rent

$2,536

CachFlow

-$687

CoC

-8.54

Full Analysis

1065 Beldon Way, Reno, NV 89503

Price

$500,400

Rent

$2,487

CachFlow

-$838

CoC

-9.57

Full Analysis
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Reno, NV Rental Market Insights

  • Median cashflow is -$1,297/month — careful deal selection is essential here
  • 3.4% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Reno, NV requires selective property picks
  • Premium market with properties from $379,300 to $841,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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