Lake Hills, Reno, NV
Lake Hills — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lake Hills, Reno, Nevada. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Lake Hills Neighborhood Overview
Lake Hills is a residential neighborhood in Reno, Nevada, located within ZIP code 89508 in Washoe County. It offers a classic suburban living environment with a mid-range market tier, appealing to families and professionals. The community is centrally positioned near other established neighborhoods like Juniper Village and Cold Springs.
Lifestyle & Amenities
The neighborhood provides a quiet, family-oriented atmosphere with a low to moderate walkability score of 9.3 out of 20. Residents enjoy proximity to local parks and the amenities of nearby commercial corridors. Its location offers easy access to the broader shopping and dining options available across northwest Reno.
Real Estate Market
Lake Hills features a stable real estate market with a median home value of $394,300 and a median household income of $88,341. In 2023, there were 628 mortgage originations, predominantly conventional loans, indicating strong buyer activity. The median gross rent is $1,848 per month, reflecting a healthy rental market alongside homeownership.
Schools & Education
Families in Lake Hills are served by several nearby public schools, including Nancy Gomes Elementary and Michael Inskeep Elementary School. For middle school, students typically attend Cold Springs Middle School, located approximately 1.5 miles away. These schools provide convenient educational options for residents within the Washoe County School District.
Transportation & Connectivity
The area is primarily car-dependent, consistent with its suburban layout and walkability score. Major roadways provide efficient connections to downtown Reno, employment centers, and Interstate 80. This connectivity makes commuting and accessing regional amenities throughout the Truckee Meadows relatively straightforward for residents.
Why Choose Lake Hills
Lake Hills is an ideal choice for those seeking an affordable, established suburban community in Reno with solid housing options. Its strong mortgage activity and mix of homeownership and rental properties cater to a range of buyers. The neighborhood offers a balanced lifestyle with good schools, quiet streets, and convenient access to the wider region.
Lake Hills Market Data
| Metric | Value |
|---|---|
| Median Home Price | $394K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $88K |
| Homeownership Rate | 92.7% |
| Renter-Occupied | 7.3% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 89508 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 628 |
| VA Loan Originations | 51 |
| VA Loan Share | 8.1% |
| Conventional Loan Originations | 446 |
| FHA Loan Originations | 130 |
Top Real Estate Agents in Lake Hills, Reno
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lake Hills, Reno, NV. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Nevada Real Estate Division (NRED) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15