WhereCanIAfford › Reno, NV › On $300,000

Is Reno, NV affordable on a $300,000 salary?

YES On $300,000/yr, the typical $570,546 home in Reno, NV needs $168,210/yr ($3,925/mo). Your gap: +$131,790 — housing would be 15.7% of your gross income.

The math

570,546 price − 10% down (57,055) = 513,491 loan
30-yr fixed at 6.47% on 513,491 = 3,235/mo principal+interest
+ 689/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
3,925/mo PITI ÷ 0.28 = 14,017/mo → 168,210/yr required

against Zillow ZHVI 2026-05 and the 6.47% FRED 30-yr rate (2026-06-18).

What salary WOULD clear Reno, NV?

You need about $168,210/yr for the typical home. On $300,000 you already clear it by $131,790.

On $275,000? On $325,000? On $350,000?

See the full Reno, NV affordability breakdown → or every metro you can afford on $300,000 →