Reno, NV Rental Market for Investors
An estimated 50% of Reno's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 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 August 2026.
$150,000DSCR 1.361 bed · 1 bath · 677 sqft
- STR revenue
- $24,677/yr
- Est. interest-only payment
- $1,209/mo
On the market 26 days · Listed by Mendoza Real Estate Investment
Scout this home & market: 1-bed condo in Reno
$169,900DSCR 1.331 bed · 1 bath · 677 sqft
- STR revenue
- $26,098/yr
- Est. interest-only payment
- $1,304/mo
On the market 99 days · Listed by Nevada Real Estate Connections
Scout this home & market: 1-bed condo in Reno
$230,000DSCR 1.261 bed · 1 bath · 550 sqft
- STR revenue
- $30,219/yr
- Est. interest-only payment
- $1,603/mo
On the market 16 days · Listed by Ferrari-Lund Real Estate Damonte
Scout this home & market: 1-bed condo in Reno
$325,000DSCR 1.453 bed · 2 bath · 925 sqft
- STR revenue
- $38,075/yr
- Est. interest-only payment
- $1,749/mo
On the market 36 days · Listed by LPT Realty, LLC
Scout this home & market: 3-bed house in Reno
$489,900DSCR 1.623 bed · 2 bath · 1,293 sqft
- STR revenue
- $65,034/yr
- Est. interest-only payment
- $2,681/mo
On the market 75 days · Listed by RE MAX Gold
Scout this home & market: 3-bed house in Reno
$509,000DSCR 1.393 bed · 2.5 bath · 1,700 sqft
- STR revenue
- $59,197/yr
- Est. interest-only payment
- $2,838/mo
On the market 12 days · Listed by Realty One Group Eminence
Scout this home & market: 3-bed house in Reno
$544,000DSCR 1.393 bed · 2 bath · 1,176 sqft
- STR revenue
- $60,728/yr
- Est. interest-only payment
- $2,920/mo
On the market 8 days · Listed by Re/Max Professionals- Reno
Scout this home & market: 3-bed house in Reno
$575,000DSCR 1.273 bed · 2.5 bath · 1,552 sqft
- STR revenue
- $61,063/yr
- Est. interest-only payment
- $3,204/mo
On the market 25 days · Listed by Compass
Scout this home & market: 3-bed house in Reno
$624,000DSCR 1.363 bed · 2.5 bath · 1,917 sqft
- STR revenue
- $73,341/yr
- Est. interest-only payment
- $3,582/mo
On the market 36 days · Listed by Reno/Tahoe Realty Group, LLC.
Scout this home & market: 3-bed house in Reno
As of August 2026, we analyzed 793 active for-sale homes in Reno, Nevada. The typical listing is priced at $669,900 and is projected to generate about $58,337 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 49.9% of those homes could still cover an investor mortgage payment on short-term-rental income — roughly in line with the 52.5% median across the 200 major metros we track, ranking Reno #111 of 200 for cash-flow potential.
On market momentum: homes in Reno sit a median of 48 days on the market, and 35% 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: 172 of the 718 Reno homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $619,000.
| Price | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| $150k–$250k | 83%1.43 | 100%1.68 | — | — | — |
| $250k–$350k | — | 79%1.42 | — | — | — |
| $350k–$500k | 0%0.92 | 18%1.08 | 48%1.21 | 33%1.19 | — |
| $500k+ | — | 0%0.71 | 15%0.93 | 11%0.92 | 4%0.74 |
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 | 793 |
|---|---|
| Median list price | $669,900 |
| Median projected STR revenue (annual, gross) | $58,337 |
| Median average daily rate (ADR) | $236 |
| Median occupancy | 68% |
| Median beds | 3 |
| Median size | 1,972 sqft |
| Estimated cash-flow-positive share | 49.9% |
| Median days on market | 48 days |
| New listings (last 30 days) | 34.9% of active |
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