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 75+ datapoints.
Reno, NV Long-Term Rental Investment Snapshot
Based on 75+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-14.6%
Median Cashflow
-$1,523/mo
Avg Rent Estimate
$2,810/mo
Avg Price
$656,393
Price Range
$401,500 - $1,263,400
Rent to Price
0.43%
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 3.3%, 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 75+ analyzed properties, the median monthly cashflow in Reno, NV is -$1,523 with average rents of $2,810/month. Properties range from $401,500 to $1,263,400, offering entry points across multiple investment budgets.
Reno, NV Rental Market Insights
- •Median cashflow is -$1,523/month — careful deal selection is essential here
- •3.3% 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 $401,500 to $1,263,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs