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Cost of Living in Washoe County, NV

Population 497,200 · Census ACS 2020–2024 5-year estimates

Median rent$1,608
Median home value$539,900
Median household income$88,096

The median rent in Washoe County, NV is $1,608/month, about the same as the Nevada median and 14% higher than the U.S. median. The median home value is $539,900, 62% higher than the national median. Households earn a median of $88,096 a year, 13% higher than the state median.

Affordability

Rent as a share of median income: 21.9%
Income needed for median rent (30% rule): $64,320/yr
Home price-to-income ratio: 6.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,730/mo

Run your own numbers: mortgage calculator · hourly to salary

Washoe County vs. Nevada vs. U.S.

Washoe CountyNevadaU.S.
Median rent$1,608$1,597$1,413
Median home value$539,900$435,400$332,700
Median household income$88,096$78,260$80,734
Homeownership rate59.9%60.0%65.2%
Bachelor's degree or higher34.2%27.9%35.7%
Poverty rate10.7%12.4%12.5%
Unemployment rate5.1%7.0%5.2%
Work from home12.6%11.9%15.1%
Median age39.039.138.9

FAQ

What is the average rent in Washoe County, NV?

The median gross rent in Washoe County, NV is $1,608 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Washoe County, NV?

Using the common 30% rule, renting a median-priced home takes about $64,320 a year in gross income.

Is Washoe County, NV expensive to live in?

Rent there is 14% higher than the U.S. median, and the median home costs about 6.1 times the median household income.

Other counties in Nevada

Clark County, NVRent $1,626 · Income $76,472Lyon County, NVRent $1,326 · Income $80,812Carson City, NVRent $1,248 · Income $72,355Nye County, NVRent $1,181 · Income $60,714Elko County, NVRent $1,164 · Income $86,487Douglas County, NVRent $1,593 · Income $90,754

Counties with a similar cost of living

Charleston County, SCRent $1,620 · Income $88,494Passaic County, NJRent $1,621 · Income $87,522Mecklenburg County, NCRent $1,627 · Income $87,005Fredericksburg city, VARent $1,619 · Income $86,071Multnomah County, ORRent $1,646 · Income $88,766Clay County, FLRent $1,551 · Income $87,820

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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