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Reno, NV Community Information

Reno, NV Homes for Sale

Reno Metro and Neighborhood Information

Known as 'the biggest little city in the world,' Reno, NV is not only recognized for its legalized gambling but also its abundance of events and outdoor activities. What began as land developed by miners flocking to the region in the mid 1800s officially became a town when the first railroad was established years later. Reno was named after Major General Jesse L. Reno, a Union officer killed during the Civil War.

Reno is nestled on the eastern slope of the Sierra Nevada Mountains in an area called the Truckee Meadows in the southern part of Washoe County. Within an hour of Reno, there are 18 alpine resorts and 12 cross-country ski areas. Some resorts include the Mount Rose Ski Area and Heavenly Ski Resort in South Lake Tahoe. Off the slopes there is ice-skating, sledding, snowshoeing and dog-sledding. In the warmer months of the year, biking, camping, hunting, fishing and mountain climbing are popular pastimes.

Reno is home to the oldest university in Nevada, The University of Nevada, Reno. This vibrant city is also the home to the annual Hot August Nights, a classic car convention and rally, Street Vibrations, a motorcycle gathering and rally, the Great Reno Balloon Race and Reno Air Races. Many large companies have also chosen to place their headquarters here including the International Game Technology Corporation, who manufactures slot machines used throughout the world, and the gaming corporation Harrah's Entertainment (which originated here). Reno also boasts an appreciation of the arts, with the Nevada Museum of Art which focuses on the 'growing interest in the protection of the land,' and the National Automobile Museum which showcases historic automobiles from the late 19th century up to the 1960s.

Reno's nightlife started out with a bang after the infiltration of many casinos and hotels. After the influx of building began to taper off due to the lack of tourists, many of these casinos and hotels have closed down to be converted into upscale condos. Some hotel/casinos that still remain are the Atlantis Hotel Casino, Harrah's Casino Hotel and Eldorado Hotel Casino. Many bars and nightclubs have also recently been springing up on the city's 'west end.'

According to the 2006 US Census, 210,255 people reside in Reno. The median price of houses in Reno has not fluctuated much since the Census' 2006 estimate of $350,700 to Yahoo Real Estate's estimate of $349,000 in October of 2007. Some neighborhoods and suburbs include Old Southwest, Lakeridge, PantheValley, Arrowcreek and Sparks.

Residents can enjoy all Reno has to offer during any month of the year. With so many natural resources at your fingertips and many entertaining events, begin your Reno real estate search today to find the right home for you!

Sources:
http://www.cityofreno.com/
http://en.wikipedia.org/wiki/Reno,_Nevada
http://realestate.yahoo.com/Nevada/Reno
http://factfinder.census.gov/servlet/SAFFPopulation?_event=ChangeGeoContext&geo_id=16000US3260600&_geoContext=&_street=&_county=reno&_cityTown=reno&_state=&_zip=&_lang=en&_sse=on&ActiveGeoDiv=&_useEV=&pctxt=fph&pgsl=010&_submenuId=population_0&ds_name=null&_ci_nbr=null&qr_name=null®=null%3Anull&_keyword=&_industry=
http://www.renonv.com/
http://www.visitrenotahoe.com/plan_your_trip/ski/
http://renotahoe.about.com/od/nonvcommunities/a/RenoHoods.htm http://en.wikipedia.org/wiki/Nevada_Museum_of_Art
http://en.wikipedia.org/wiki/National_Automobile_Museum

(View All)

Brookwood (1)
Downtown (161)

North Valleys (324)
North West (253)

Northeast (347)
Ward 1 (337)

Ward 2 (369)
Ward 3 (237)

West University (132)

(View All)

Gerlach (44)
Incline Village (232)
Lockwood (237)

Mccarran (237)
Nixon (1)
Spanish Springs (682)

Sparks (1,219)
Sun Valley (184)
Vc Highlands (493)

Verdi (39)
Wadsworth (8)
Washoe Valley (85)

Reno, NV Community Information

Population

277,016

Median Age

36.2

Median Household Income

$61,080

Households with Children

45.82%

Median Travel Time to Work

20 minutes

Reno, NV Real Estate Market Information

Homes Owned

56.04%

Homes Rented

39.09%

Homes Vacant

4.86%

Reno, NV Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

13:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Reno apartments for rent

Reno, NV School Information

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.