Downtown Reno and the area around the University of Nevada, Reno are growing and changing on a regular basis. With the hotels along Virginia Street and the funky vibe along the Truckee River, there's something for everyone, from long-time Reno residents to University students. There are lots of hip restaurants, shops, and a movie theater situated on the River. Wingfield Park sits on the edge of the Truckee and is home to concerts and other fun, family-friendly activities throughout the year. Living in or near downtown Reno is ideal for young people just starting out, being a stone's throw from work and school (if they're attending).
What it is like to live in downtown Reno:
General Facts about the Neighborhood: Downtown is the epicenter of Reno, providing all the necessary amenities, but the area is also a short 10 to 15 minute drive from the major shopping centers, even more restaurants.
Cost of Living: The cost of living is just under 2% less in downtown Reno when compared to the rest of the city, but it's just over 2% higher than the national average. This can be attributed to the high number of university students living in the area, whether they live on-campus or off. When it comes to groceries, downtown Reno stores tend to be a few cents to a few dollars less than the national average. For example, milk in downtown Reno is $2.21, while the national average is $2.38. When it comes to electricity, the downtown Reno average is $146.99 compared to the national average of $166.05.
Median Household Income: The median household income in downtown Reno was $44,759 in 2012. That's just over $9,300 lower than the average household income for the entire state and just over $3,000 lower than the average for the rest of the city.
Median Home Prices: The median home price in downtown Reno was $199,964 in 2012. That's approximately $25,000 less than the average for the rest of the city and $9,000 more than the average for the entire state. The median rent was $973 in 2012. That's approximately $100 more than the average for the city of Reno and almost $30 less than the state average.
Crime Rates: The crime rates in downtown Reno tend to be high due to the larger homeless population. The total crime estimate was 3,382 per 100,000 people, compared to 3,584 per 100,000 people in Reno and 3,441 per 100,000 people in the entire state. The number of violent crimes was 531 per 100,000 people and 3,301 property crimes per 100,000 people. Statistics are not available for other types of crime, including robbery and murder.
Who Lives Here?: The population of downtown Reno skews to the younger side because of the University, but the many older homes are often occupied by long-time Reno residents.
What Should I Know About This Neighborhood?: There's plenty to do — The Nevada Museum of Art, movie theater, shopping, dining, Harrah's Automobile Museum, the University of Nevada, Reno campus, concerts in the park, hotels, and more. Downtown is undergoing a transformation, as is midtown, and the number of activities is likely to increase in the coming years.
What should I Know About the Neighborhood Schools?: There are quite a few schools in the downtown area, but looking specifically at the 89512 zip code the available options include:
Elementary Schools: Rita Cannan, The Church Academy, Bernice Mathews, Sierra Vista, High Desert Montessori Charter School, Reno Christian Academy, Coral Academy Charter School Elementary, and Glenn Duncan STEM Academy.
Middle Schools: Coral Academy Charter School Secondary, High Desert Montessori Charter School, Fred Traner Middle School, and Reno Christian Academy.
High Schools: TMCC Magnet High School, The Church Academy, Hug High School, and Coral Academy Charter School Secondary.