A typical Reno home is worth roughly $141,000
What kind of housing town is Reno?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.9 years of income
Less than across Michigan (3.7 years). Try your own numbers below.
That covers a typical Reno home, with $54K to spare.
A two-bedroom rents for about $970 a month here, $130 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Reno’s typical property tax (0.86% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
97% of Reno households own their home
Half of Reno’s homes were built before 1979.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
Renters already here pay a median of $1,063.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Arenac County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Reno vs. its neighbors
Reno is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Reno | $141K* | — | $970 | — | $49,583 |
| Burleigh | $148K* | — | $970 | — | $53,393 |
| Plainfield | $174K* | +11.5%† | $1,000 | 7 | $52,035 |
| Grant | $127K* | +0.1%† | $1,030 | — | $56,193 |
| Logan | $154K* | +17.8%† | $1,010 | — | $53,125 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Reno buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.