Performance indicators for the Reno short-term rental market based on reliable data.
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The highest-performing listings in Reno.
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Generally Investor friendly
Allowed but require moderate permitting (business license, safety inspections, insurance, platform registration), ongoing annual renewals, and 13% TOT; enforcement appears active with significant daily fines; jurisdictional split and lack of clear city-specific caps/fees add complexity but the process is defined and generally manageable for investors.
Local STR Agent
STR specialist · Reno, NV
Reno sits in the western part of Nevada in Washoe County and has a city population of roughly 260,000, making it the second-largest city in the state. Nicknamed "The Biggest Little City in the World," Reno blends a high-desert setting with a lively downtown, the Truckee River running through its core, and a steady undercurrent of casinos, restaurants, and arts venues. It is best known as the northern gateway to Lake Tahoe and the Sierra Nevada, and it also serves as a hub for outdoor recreation stretching in every direction. The nearest major city is Sacramento, California, about 130 miles to the west, while San Francisco lies roughly 220 miles to the west and Las Vegas is around 450 miles to the southeast.
About a 40-minute drive to the southwest, Lake Tahoe anchors the region with its famously clear water, alpine shoreline, and a ring of ski resorts in the colder months. Visitors come for swimming, paddleboarding, and boating in summer and for downhill and cross-country skiing at places like Northstar and Heavenly in winter, with the scenic drive over Mount Rose Highway often considered an attraction in itself.
Roughly 30 to 40 minutes southeast of Reno, Virginia City is a preserved Comstock Lode mining town with wooden sidewalks, saloons, mine tours, and the Virginia & Truckee Railroad. It draws visitors interested in the Silver State's nineteenth-century history and tends to be a popular day trip for travelers staying in the Reno area.
Within the city itself, the National Automobile Museum downtown showcases more than 200 cars, including early Harrah collection vehicles, and is a strong rainy-day draw. A short walk away, the Truckee River Walk and the surrounding Midtown district offer a denser mix of galleries, breweries, coffee shops, and locally owned restaurants, while the nearby Nevada Museum of Art and the University of Nevada, Reno campus add cultural and collegiate energy to the urban core. Just outside the city, the wide-open slopes of the Sierra front country and the high desert around Pyramid Lake, roughly an hour to the north, round out a mix of mountain and desert landscapes within easy reach.
For short-term rental owners, Reno's appeal rests on a useful combination of year-round demand drivers: an in-city calendar of events and conferences, walkable dining and entertainment districts, and quick access to Lake Tahoe, ski resorts, and historic mining towns. That mix of urban amenities and outdoor adventure, paired with proximity to the San Francisco Bay Area, gives the market a broad visitor base in nearly every season.