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Top Reasons to Live in Reno NV

Reno Housing Statistics

  • Reno is one of the real estate markets leading a nationwide housing recovery. The second quarter of 2013 saw Reno's median list price up 35 percent and inventory down 18 percent from the same period last year. The surge actually has builders racing to find new land for projects. New home starts year-over-year are up 118 percent and, quarter-over-quarter, are surging a whopping 224 percent, signaling a market that is rapidly heating up. The median listing price is at $249,000, and home ownership is 72.8 percent, well above the national average. Reno, along with the entire state, is struggling with unemployment rates that are among the highest in the nation. Credit concerns have many potential buyers looking at rent to own housing. The Reno rental market fared reasonably well when real estate tanked. Average rents hovered near $820 for the past four years while vacancy rates dropped to under 7 percent.

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  • Local RestaurantsFor decades, Reno was known for cheap eats. A breakfast for 99 cents, prime rib for $3.99 and inexpensive buffets lured travelers and gamblers. Recently, the city has made a mark with foodies as new upscale bistros begin to attract national attention. The Riverwalk, Virginia Street, and a re-invigorated downtown are witnessing a change in the perceptions of dining in Reno. Lulou's, on South Virginia Street, features fusion delights that surprise and excite. The Atlantis Steakhouse at Atlantis Casino is emerging as a standout steak joint. Still, longtime residents and tourist in the know have known for some time that Reno has great food. The three locations of Peg's Glorified Ham n Eggs serve the epitome of the all-American breakfast. Winning "Best Breakfast in Reno" honors for 11 years running and being named the "Best Breakfast in America" by Esquire in 2007 are just some of the honors garnered by Peg's. Reno has been home to awesome Italian and Basque restaurants for decades. If you haven't sampled Basque fare, you are in for a treat. Try Louis' Basque Corner or Basque Family Style Dining in the Santa Fe Hotel. Lake Tahoe is graced with fine establishments like Manzanita at the Ritz-Carlton Highlands and Moody's Bistro.
  • Local SportsReno has numerous opportunities for sports fans that go beyond the casino sports book. The Reno Aces are an AAA baseball club affiliated with the Arizona Diamondbacks. They play in the Pacific Coast League and won the Triple-A title in 2012. The Reno Bighorns play in the NBA D-League. The University of Nevada-Reno (UNR) offers quality college sports programs. They are more well known these days, thanks to former Wolf Pack QB Colin Kaepernick making waves with the San Francisco 49ers. The annual Reno-Tahoe Open is the only PGA event in northern Nevada. Reno is home to exceptional sports that are a bit different as well. The Reno Air Races is the premier aircraft racing event in America. Camel races in nearby Virginia City are fun for the whole family. All the excellent skiing and snowboarding near Lake Tahoe make for great recreational opportunities as well as host sites for top-level competitions. Mountain biking, rock climbing, horseback riding, and snowshoeing are other popular outdoor activities.
  • Reno NeighborhoodsReno has pricey golf course and riverside developments, affordable family areas, hip urban lofts, and retirement neighborhoods. Nearby cities like Sparks, Gardnerville, Carson City, and Virginia City have options for people who don't mind commuting. For those looking to stay in Reno, here are a few options: