Reno, NV Rental Market for Investors
An estimated 48% of Reno's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of October 2026.
Homes in Reno that pencil right now
A sample of active Reno listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of October 2026.
$229,500DSCR 1.421 bed · 1 bath · 692 sqft
- STR revenue
- $37,008/yr
- Est. interest-only payment
- $1,742/mo
On the market 66 days · Listed by Keller Williams Group One Inc.
Scout this home & market: 1-bed condo in Reno
$270,000DSCR 1.482 bed · 1 bath · 798 sqft
- STR revenue
- $38,379/yr
- Est. interest-only payment
- $1,724/mo
On the market 50 days · Listed by BHG Drakulich Realty
Scout this home & market: 2-bed condo in Reno
$349,900DSCR 1.262 bed · 1 bath · 704 sqft
- STR revenue
- $42,449/yr
- Est. interest-only payment
- $2,251/mo
On the market 197 days · Listed by Call It Closed International
Scout this home & market: 2-bed house in Reno
As of October 2026, we analyzed 834 active for-sale homes in Reno, Nevada. The typical listing is priced at $667,000 and is projected to generate about $58,280 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 47.5% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 53.1% median across the 200 major metros we track, ranking Reno #115 of 200 for cash-flow potential.
On market momentum: homes in Reno sit a median of 52 days on the market, and 34% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.
For a DSCR loan — which qualifies on the property's rental income rather than your personal income — Reno runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.
What actually works in Reno
Reno works for investors, but the window is specific: 162 of the 746 Reno homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $615,000.
| Price | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| $150k–$250k | 76%1.42 | 93%1.69 | — | — | — |
| $250k–$350k | — | 63%1.40 | — | — | — |
| $350k–$500k | 0%0.81 | 22%1.09 | 43%1.15 | 39%1.19 | — |
| $500k+ | — | 0%0.67 | 7%0.93 | 10%0.89 | 14%0.79 |
Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.
Reno in full
| Active for-sale homes analyzed | 834 |
|---|---|
| Median list price | $667,000 |
| Median projected STR revenue (annual, gross) | $58,280 |
| Median average daily rate (ADR) | $235 |
| Median occupancy | 68% |
| Median beds | 3 |
| Median size | 1,982 sqft |
| Estimated cash-flow-positive share | 47.5% |
| Median days on market | 52 days |
| New listings (last 30 days) | 33.6% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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