Property prices for rent in Reno (Nevada)

The rent prices in real estate in Reno, in the Nevada region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Reno has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.9. In May this price barely changed remaining at $1.88 per sq.feet. The price for the following two months in (June, July) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 50 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.84 to $0.92 during August, and September.

Average price

When referring to the price in Reno (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during April, is $1,327. During May the price went through a considerable rise reaching $1,615. During the following two months (June, July) the price has had an average rise from $1,471 to $1,605. During the last two months the average price has fallen greatly compared to the previous four going from $1,538 to $923.5, which means a 60 % fall.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Reno
Number of properties used in region Nevada
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** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value