Washoe County
Nevada · Pop. 490,486
Ranked #158 of 200 counties
32Crisis
Median Home Price
🏠$500K
3.8% YoY
Median Rent
🔑$1,700
Median Income
💰$68K
Rent Burden
📊32.0%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋4,200
Price-to-Income Ratio
⚖️7.4x
Homeownership Rate
🏡56.0%
How Washoe County Compares
| Metric | Washoe County | Nevada | National |
|---|---|---|---|
| Home Price | $500K | $441K | $410K |
| Rent | $1,700 | $1,622 | $1,500 |
| Income | $68K | $76K | $75K |
| Rent Burden | 32.0% | 36.0% | 30.0% |
| Homeownership | 56.0% | 60.0% | 65.0% |
Key Takeaways
- • Home prices are 22% above the national average.
- • Rent is 13% above the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 4,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.8%.