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Rental Insights for ZIP Code 89441 (Sparks, NV)

Housing Rentals in ZIP Code 89441 (Sparks, NV)

89441 ZIP Code in Nevada

Everything to Know About Rentals in the U.S. ZIP Code 89441

ZIP Code 89441 is primarily associated with Sparks, NV in Washoe County. The median housing rent in this region or Nevada is estimated at $1,637 per month. About 17.2% of housing units in the region are renter-occupied, and this Washoe County ZIP Code has an approximate rental vacancy rate of 7.0%.

The median rent in ZIP Code 89441 of $1,637 per month is 48% higher than the aggregate Nevada median monthly rent of $1,107, and is 54% higher than the $1,062 the median monthly rent in the U.S. overall. About 28.4% of residents in ZIP Code 89441 pay between $1,500 and $1,999 per month for rent. That is 87% higher than in Nevada overall, in which 15.2% of total state residents pay between $1,500 and $1,999 per month for housing.

ZIP Code 89441 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 89441

See the chart below for a comparison of monthly rental costs in ZIP Code 89441, Nevada, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 89441 along with those in the state of Nevada and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 89441

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 89441 Nevada U.S.
Less than $500 13.3% 3.8% 9.4%
$500 to $999 3.7% 36.2% 36.2%
$1,000 to $1,499 25.2% 40.1% 30.0%
$1,500 to $1,999 28.4% 15.2% 14.0%
$2,000 to $2,499 16.9% 3.4% 5.6%
$2,500 to $2,999 10.0% 0.8% 2.4%
$3,000 or more 2.5% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 89441

Renters in ZIP Code 89441 use an estimated 26.02% of their income to cover their monthly rent payments. That is about 13% lower than in Nevada overall. The estimate for Nevada overall is 29.91% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 89441 renters use about 13% less of their income to cover rent expense. Household income figures for ZIP Code 89441 come in higher than in Nevada as a whole. The median annual household income in ZIP Code 89441 of $102,159 sits approximately 69% higher than the overall Nevada median income of $60,365 and approximately 63% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 89441

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 89441, Nevada, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 89441 along with the same calculations in the state of Nevada and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 89441

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 89441 Nevada U.S.
Less than 15.0 percent 24.7% 11.9% 13.1%
15.0 to 19.9 percent 15.7% 13.6% 12.9%
20.0 to 24.9 percent 10.9% 13.3% 12.9%
25.0 to 29.9 percent 9.0% 11.6% 11.6%
30.0 to 34.9 percent 10.0% 9.2% 9.1%
35.0 percent or more 29.7% 40.4% 40.5%

Household Income in ZIP Code 89441

See the table below for the regional comparison of annual household income in ZIP Code 89441.

Income ZIP 89441 Nevada U.S.
Less than $10,000 2.5% 6.0% 6.0%
$10,000 to $14,999 1.3% 3.7% 4.3%
$15,000 to $24,999 4.5% 8.8% 8.9%
$25,000 to $34,999 3.8% 9.4% 8.9%
$35,000 to $49,999 6.9% 13.7% 12.3%
$50,000 to $74,999 14.8% 18.7% 17.2%
$75,000 to $99,999 15.5% 13.7% 12.7%
$100,000 to $149,999 31.9% 14.9% 15.1%
$150,000 to $199,999 9.3% 5.8% 6.8%
$200,000 or more 9.4% 5.4% 7.7%

Household Income in ZIP Code 89441

See the chart below for a comparison of annual household income figures in ZIP Code 89441, Nevada, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 89441 alongside the same figures for the state of Nevada and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 89441

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 89441.

ZIP 89441 Nevada U.S.
Median Housing Rent $1,637 $1,107 $1,062
Renter-Occupied Housing Units 17.2% 43.7% 36.0%
Rental Vacancy Rate 7.0% 7.9% 6.0%
Average Size of Renter-Occupied Unit 3.01 2.61 2.49
Average # of Bedrooms Per Unit 3.47 2.74 2.75
Percent of Income Spent on Rent 26.02% 29.91% 29.83%
Per Capita Income $41,709 $31,557 $34,103
Median Household Income $112,634 $81,496 $88,607
Living Below the Poverty Line 3.8% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 89441

In ZIP Code 89441 (Sparks, NV), and estimated 17.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.0%.

The per capita income in 89441 is estimated at $41,709, which goes along with an estimated median household income of $112,634. About 3.8% of residents in this Washoe County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.01 occupants, while the units have an aggregate average size of 3.47 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.02% of their income on housing rental costs.

Rental FAQs for ZIP Code 89441

1

What is the median monthly rent in ZIP Code 89441?

Median rent for housing in ZIP Code 89441 in Washoe County in Nevada is approximately $1,637 per month.
2

Is it expensive to rent in ZIP Code 89441?

Rent in ZIP Code 89441 is higher than average in the state of Nevada overall. The median monthly rent of $1,637 in ZIP Code 89441 is approximately 48% higher than the Nevada median of $1,107. Additionally, median rent in this Sparks, NV region ($1,637) is about 54% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 89441?

High-priced rentals are more common in ZIP Code 89441 than in Nevada overall. The percentage of rentals in ZIP Code 89441 that cost $3,000 or more per month (2.5%) is about 317% higher than the Nevada rate of 0.6% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 4% lower than the aforementioned 89441 rate of 2.5%.
4

Are affordable rentals common in ZIP Code 89441?

Affordable rentals are less common in ZIP Code 89441 than in Nevada overall. The percentage of housing rentals in ZIP Code 89441 costing $999 or less per month (17%) is approximately 58% lower than the Nevada rate of 40% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 63% higher than the previously mentioned 89441 rate of 17%.
5

What is the most common cost range that rentals fall into in ZIP Code 89441?

The most common range for rental cost in ZIP Code 89441 is between $1,500 and $1,999 per month. About 28.4% of renters in 89441 pay in this range for monthly rent. In comparison, approximately 15.2% of renters in the state of Nevada fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 89441 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 89441 is lower than the rental vacancy rate in the state of Nevada overall. Rental vacancy of 7.0% in ZIP Code 89441 is about 11% lower than the Nevada rate of 7.9%. Looking more broadly, rental vacancy in this Sparks, NV region (7.0%) is an estimated 17% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 89441? How does it compare to other Nevada regions?

Median household income in ZIP Code 89441 is higher than in the state of Nevada overall. Annual household income of $102,159 in ZIP Code 89441 is about 69% higher than the Nevada median of $60,365. Additionally, median household income in this Sparks, NV region ($102,159) is approximately 63% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 89441 spend on housing costs?

Renters in ZIP Code 89441 spend a lower amount of their income on rent costs than do renters in Nevada overall. Renters in ZIP Code 89441 spend an estimated 26.02% of their income on rent payments, which is about 13% lower than the overall Nevada estimated rate of 29.91%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 13% higher than the ZIP Code 89441 estimated rate of 26.02%.
9

Do renters in ZIP Code 89441 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 89441 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 89441 spending 30 percent or more of their income on rent costs (39.7%) is approximately 20% lower than the Nevada rate of 49.6% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 20% higher than the aforementioned 89441 rate of 39.7%.
10

What is the average household size of renter-occupied units in ZIP Code 89441?

The average household size of renter-occupied units in ZIP Code 89441 is higher than in the state of Nevada overall. Annual household size of 3.01 in ZIP Code 89441 is about 15% higher than the Nevada median of 2.61. Additionally, median household size in this Sparks, NV region (3.01) is approximately 21% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Nevada ZIP Codes