HousingHandbookReference data

U.S. ZIP Code · NV89403

Lyon County · Reno, NV

Typical home value

$455,584[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.0%
5-year / yr
+3.6%
10-year / yr
+7.8%

Relative price

vs U.S.
+60.4%
vs metro
-5.4%
vs state
+9.2%
ZIP 89403 location in NV
Location of ZIP 89403 in NV

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 89403 is worth $455,584 — 5.4% below the Reno, NV median. Over the past year, values have risen 1.0%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$2,400[3]

#Climate risk

FEMA National Risk Index ratings for Lyon County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
17,506[3]
Median household income
$97,153[3]

#Migration

Household moves in and out of Lyon County over a year, from IRS tax-return data.

Net migration
+554[5]
Moved in
2,710
Moved out
2,156

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
3
Middle
1
High
1
  • Dayton High School

    High · Grades 9–12 · Lyon

    756 students

  • Dayton Elementary School

    Elementary · Grades PK–6 · Lyon

    454 students

  • Riverview Elementary School

    Elementary · Grades PK–6 · Lyon

    435 students

  • Sutro Elementary School

    Elementary · Grades PK–6 · Lyon

    416 students

  • Dayton Intermediate School

    Middle · Grades 7–8 · Lyon

    366 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,304
Loan principal$364,467
Down payment$91,117
Total interest paid$464,858

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,885
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
52nd percentile[1]
Rental yield
[2]
Property tax
88th percentile[3]

Frequently asked

How much is a home worth in ZIP code 89403?
The typical home in 89403 is worth $455,584, based on the Zillow Home Value Index.
Are home values rising in 89403?
Home values in 89403 are up 1.0% over the past year, and up 3.6% a year over five years.
What is the property tax rate in 89403?
The effective property tax rate in 89403 is 0.5% — roughly $2,400 a year on a typical home.
Who lives in 89403?
ZIP code 89403 has a population of 17,506 and a median household income of $97,153.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Reno, NV

    Typical home
    $455,535
    Gross yield
    5.6%
  • Reno, NV

    Typical home
    $438,647
    Gross yield
    4.0%
  • Reno, NV

    Typical home
    $472,601
    Gross yield
    4.6%
  • Sparks, NV

    Typical home
    $473,647
    Gross yield
    5.1%
  • Sun Valley CDP, NV

    Typical home
    $436,347
    Gross yield
  • Reno, NV

    Typical home
    $481,833
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 89403 against any other ZIP — full side-by-side table.

Compare 89403

#Jump to section