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RE Intelligence

Rental numbers for Carson City, NV

The typical home here runs -$1,572 a month at 7.78% with 25% down, breaking even at about 0.4%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%.

Gross yield
4.9%
typical home, Zillow
Median ZIP yield
4.7%
3 ZIPs with full data
Cash flow
-$1,572/mo
at 7.78%, 25% down
Typical price
$495,000
Zillow ZHVI, Aug 2026
Typical rent
$2,039/mo
Zillow ZORI, Aug 2026

ZIP codes in Carson City

3 with published figures

89701Carson City$479,000$2,0885.2%2.9%-$1,432n/a
89703Carson City$624,000$2,4554.7%2.4%-$2,109n/a
89706Carson City$453,000$1,5744.2%2.0%-$1,688n/a

Trends

Five years to August 2026

Price, 12 months
+0.5%
Rent, 12 months
+4.7%
Rent minus price growth
+4.2 pts
Property tax
0.41%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$441,887n/a
Aug 2022$484,785n/a
Aug 2023$458,285$1,817
Aug 2024$481,556$1,885
Aug 2025$492,740$1,947
Aug 2026$495,395$2,039

HUD Fair Market Rent

FY2027, Carson City, NV MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,057$1,131$1,453$2,012$2,429

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
19.5
461 units, last 12 months
National percentile
90th
among US counties

Tools

Test a listing in Carson City against today's rate.

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Part of the Carson City, NV metro.

Questions

Is Carson City good for rental property?
The typical home here runs -$1,572 a month at 7.78% with 25% down, breaking even at about 0.4%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Carson City?
About 0.41% of value, from Census ACS median taxes paid over median home value. On a $495,000 home that is about $2,046 a year.
What is Fair Market Rent in Carson City?
HUD's FY2027 Fair Market Rent here is $1,131 for a 1-bedroom, $1,453 for a 2-bedroom and $2,012 for a 3-bedroom. Typical cash flow at today's rate is -$1,572 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.