What is the rental yield in West Reno, Reno, Nevada?

West Reno, Reno, Nevada has a gross yield of 4.4. That yield sits alongside prices about 9% below the city median and 19% above the state median, so the neighborhood combines a moderate income profile with a price position that is cheaper than Reno but above Nevada overall.

How has West Reno, Reno, Nevada performed over the past year?

West Reno, Reno, Nevada recorded price growth of 4.0% over the past year. That trend is paired with a gross yield of 4.4 and a Red Flag score of 46, which points to a market that has been moving upward without a low-risk profile.

How does West Reno, Reno, Nevada compare to Reno and Nevada?

West Reno, Reno, Nevada is priced about 9% below Reno but 19% above Nevada. Its gross yield of 4.4 is moderate, while walkability is 58 and education is in the 45th percentile, placing it in a middle-of-the-road position on access and school-score metrics.

What are the walkability and education scores in West Reno, Reno, Nevada?

West Reno, Reno, Nevada has walkability of 58 and education in the 45th percentile. Those scores suggest moderate day-to-day access and an objective school-district test-score profile that is near the middle of the range, alongside a Red Flag score of 46.

Neighborhood

West Reno

Reno, Nevada US

West Reno, Reno, Nevada offers a moderate investment profile with a gross yield of 4.4 and prices about 9% below the city median but 19% above the state median. Prices rose 4.0% over the past year, suggesting steady momentum. The neighborhood has a Red Flag score of 46, walkability of 58, and education in the 45th percentile, giving it balanced access with a middling school-score profile.

AI Summary•Updated May 2026

Area

2.70 mi²

ZIP Code

89503

County

Washoe County

State

Nevada

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$496,847

YoY+4.0%

Gross Rental Yield

4.4%

Listed rent · ZORI annualized

Red Flag Index

Moderate

46 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

45 / 100

Fair · better than 45% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

West Reno Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for West Reno, Reno.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$496,847	+4.0%
Price / Sq Ft (Verified)	$308/sqft	-6.2%
Asking Rent (Median)	$1,804/mo	+2.5%
Gross Rental Yield	4.4%	—
Liquidity Score	32 / 100	Low
Homes Sold (Period)	101	+40.3%

Is West Reno Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Nevada crime context.

Red Flag Breakdown

46 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Flood40Moderate

Wildfire40Moderate

Strong Wind40Moderate

Hail40Moderate

Tornado20Low

Heat20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Nevada averaged 26.0 crimes and 4.0 violent per 1,000 residents (-11.1% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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What Stands Out AI Insight

Appreciating market — +4.0% sale-price YoY

Active transaction volume — 101 homes sold last period

Earthquake risk is Very High (100/100)

Insights are generated from West Reno's live DistrictScore metrics.

West Reno Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Nevada-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

7.2 µg/m³ Meets EPA, above WHO guideline+11.3% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the West Reno centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 85% of U.S. neighborhoods.

Nevada Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	26.0	4.0	-11.1%
2023	29.7	4.3	+5.2%
2022	28.6	4.6	+8.3%
2021	26.6	4.3	+11.9%
2020	23.9	4.6	-14.3%
2019	28.3	5.0	—

Reported at the state level — the finest official US crime aggregation; West Reno inherits the Nevada figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · West Reno

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor2 nearbyHigh

Point-source screening near West Reno: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in West Reno

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

58

Somewhat Walkable

Walkability Score

9

Grocery

21

Dining

10

Schools

0

Universities

3

Hospitals

2

Pharmacies

12

Parks

1

Rail Transit

0

Coworking

POI counts are amenities within West Reno's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

West Reno vs Reno vs Nevada

How West Reno benchmarks against its city and state medians.

Benchmark vs City & State

Across West Reno, the median sale price sits about 9% below the median for Reno neighborhoods and about 19% above the statewide median. Gross rental yield is 4.4%, against 4.0% for Reno neighborhoods and 4.5% statewide. Over the past 12 months, prices rose 4.0%. Transaction liquidity sits below the median for Reno neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
West Reno	$308/sqft	4.4%	32
Reno	$340/sqft	4.0%	41
Nevada	$259/sqft	4.5%	39

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Buying Property in the US as a Foreigner

Federal & Nevada tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.50% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: real property transfer tax ~$1.95 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Nevada property-tax guidance for foreign buyers

Latest Reno Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

West Reno Real Estate FAQ

West Reno, Reno, Nevada shows a mixed but workable profile for investors, with a gross yield of 4.4 and prices about 9% below the city median. Prices increased 4.0% over the past year, while the Red Flag score is 46, indicating a moderate overall risk level.

Neighborhoods near West Reno

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