HousingHandbookReference data

U.S. ZIP Code · NV89433

Washoe County · Reno, NV

Typical home value

$436,347[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.1%
5-year / yr
+3.7%
10-year / yr
+7.1%

Relative price

vs U.S.
+53.6%
vs metro
-9.4%
vs state
+4.6%
ZIP 89433 location in NV
Location of ZIP 89433 in NV

Price history

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

The typical home in 89433 is worth $436,347 — 9.4% below the Reno, NV median. Over the past year, values have fallen 1.1%. The effective property tax rate is 0.4%.

#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
0.4%[3]
Typical annual tax
$1,951[3]

#Climate risk

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

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

#Who lives here

Population
23,016[3]
Median household income
$75,984[3]

#Migration

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

Net migration
+897[5]
Moved in
12,886
Moved out
11,989

Schools

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

Public schools
5
Elementary
4
Middle
1
High
0
  • DESERT SKIES MIDDLE SCHOOL

    Middle · Grades 6–8 · Washoe County

    918 students

  • ESTHER BENNETT ELEMENTARY

    Elementary · Grades PK–5 · Washoe County

    557 students

  • SUN VALLEY ELEMENTARY

    Elementary · Grades K–5 · Washoe County

    482 students

  • LOIS ALLEN ELEMENTARY

    Elementary · Grades PK–5 · Washoe County

    446 students

  • VIRGINIA PALMER ELEMENTARY

    Elementary · Grades PK–5 · Washoe County

    408 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$2,206
Loan principal$349,078
Down payment$87,269
Total interest paid$445,229

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$2,734
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
59th percentile[1]
Rental yield
[2]
Property tax
46th percentile[3]

Frequently asked

How much is a home worth in ZIP code 89433?
The typical home in 89433 is worth $436,347, based on the Zillow Home Value Index.
Are home values rising in 89433?
Home values in 89433 are down 1.1% over the past year, and up 3.7% a year over five years.
What is the property tax rate in 89433?
The effective property tax rate in 89433 is 0.4% — roughly $1,951 a year on a typical home.
Who lives in 89433?
ZIP code 89433 has a population of 23,016 and a median household income of $75,984.

#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
    $438,647
    Gross yield
    4.0%
  • Reno, NV

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

    Typical home
    $455,584
    Gross yield
  • Reno, NV

    Typical home
    $417,043
    Gross yield
    4.8%
  • Virginia City CDP, NV

    Typical home
    $409,374
    Gross yield
  • Wadsworth CDP, NV

    Typical home
    $405,413
    Gross yield

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