Property Tax Rate in Reno, Nevada: $3.66 Breakdown and 3% Cap

The property tax rate in Reno, Nevada for the 2025–2026 fiscal year is $3.66 per $100 of assessed value, or $36.60 per $1,000.¹ Two things keep the actual bill well below what that rate suggests at first glance. Nevada only taxes 35 percent of your home’s taxable value, and a state law caps how much your bill can rise each year on a primary residence at 3 percent.

What Makes Up the $3.66 Rate

The rate on your bill is really four separate levies added together. For 2025–2026 they are:²

State of Nevada: $0.17
Washoe County: $1.3917
Washoe County School District: $1.1385
City of Reno: $0.9598

Nevada statute caps the combined rate at $3.64 per $100 for most purposes.³ Reno’s total runs two cents over because certain school district levies are excluded from the cap by law. The City of Reno itself carries no debt-service tax for this fiscal year.⁴

How to Calculate Your Reno Property Tax

The number the rate gets applied to is not your home’s market value. The Washoe County Assessor first sets a taxable value by appraising the land at full cash value and adding the replacement cost of your house and other structures after depreciation.⁵ Nevada law then sets the assessed value at exactly 35 percent of that taxable figure.⁶

So the math runs in three steps. Start with taxable value, take 35 percent of it to get assessed value, then divide by 100 and multiply by $3.66.

A worked example: a home with a taxable value of $400,000 has an assessed value of $140,000. At $3.66 per $100, the raw annual bill is $5,124. What actually arrives in the mail is usually less than that, because of the abatement cap.

The 3 Percent Cap on Primary Residences

If a property is your primary residence, Nevada’s property tax abatement limits any year-over-year increase in your bill to 3 percent. Rentals, second homes, and commercial properties are capped at up to 8 percent per year.

The cap appears as a credit on your bill. The assessor calculates the full liability, then reduces it so the total stays within the applicable percentage. In years when Reno home values climb 10 or 15 percent, the gap between the raw bill and the abated bill can grow large, and long-time owners end up paying substantially less than a new neighbor on an identical lot. That is because the cap resets when a property sells. If you’ve just bought a home in Reno, expect your first bill to reflect the full assessed value with none of the previous owner’s accumulated abatement.

Exemptions That Can Reduce Your Bill Further

Nevada offers several exemptions on top of the abatement, each handled through the Washoe County Assessor.

Veterans

Wartime veterans who are Nevada residents for at least six months can claim a standard exemption that currently reduces assessed value by about $3,440, with roughly half that amount available to a surviving spouse. Veterans with a service-connected disability qualify for a larger exemption that scales with the rating: statute sets base amounts of $10,000 in assessed value for a 60–79 percent disability, $15,000 for 80–99 percent, and $20,000 for a total permanent disability.⁷ Those figures are adjusted periodically and currently run higher than the statutory base. You file an affidavit with the assessor along with discharge papers and VA documentation.

Legally Blind Residents

A Nevada resident who is legally blind can exempt a portion of assessed value from taxation. The statutory base is $3,000, adjusted annually for inflation, and currently sits around $5,160.⁸ A physician’s certification and an affidavit are required.

Disability-Related Home Modifications

Improvements made to remove barriers for a person with a disability, such as ramps or widened doorways, cannot be used to raise your assessed value.⁹

Senior Rebate

Nevada’s Senior Tax Assistance Rebate (STAR) program offers eligible homeowners age 65 and older a rebate of up to $500 on property taxes paid. There are income and asset limits that change over time, so check with the Washoe County Assessor or the state Aging and Disability Services Division for the current thresholds and application window.

Payment Schedule and What Happens If You’re Late

Washoe County bills in four installments:¹⁰

Third Monday in August (August 18 for 2025–2026)
First Monday in October (October 6)
First Monday in January (January 5)
First Monday in March (March 2)

If your total annual tax is $100 or less, the entire amount is due with the August installment. Payments can be made online through the Washoe County Treasurer, by mail, or in person at the county complex at 1001 E. 9th Street in Reno.¹¹

Penalties climb with each missed installment. You get a 10-day grace period on each one. After that, missing a single installment adds a 4 percent penalty. Missing two triggers 5 percent on both. Three missed installments bring a 6 percent penalty on all three, and if the full year goes unpaid past the March deadline, the penalty is 7 percent on the entire year’s taxes.¹²

Continued delinquency is more serious. The county publishes a delinquency notice and places a lien on the property, with interest accruing at 10 percent per year. You then have two years to redeem by paying all back taxes, penalties, and interest. If you don’t, the county can take a tax deed and eventually sell the property at auction.³ Actual tax sales are rare, but the penalty structure makes catching up harder the longer you wait.

Appealing the Assessor’s Value

If your valuation looks wrong, start informally. Call the Washoe County Assessor at (775) 328-2233 and ask to speak with an appraiser. Factual errors like wrong square footage or a missed depreciation adjustment often get fixed at this stage.¹³

A formal appeal goes to the Washoe County Board of Equalization. The deadline is January 15 each year, shifting to the next business day if it falls on a weekend or holiday.¹⁴ File the form from the assessor’s office and bring comparable sales, photos, or a private appraisal. On request, the assessor must give you a copy of the most recent appraisal of your property within 15 days.⁵

If the county board rules against you, the next step is the State Board of Equalization. That filing deadline is March 10.¹⁴

1
City of Reno. Property Tax Overview
2
Nevada Department of Taxation. Property Tax Rates for Nevada Local Governments Fiscal Year 2025-2026
3
Nevada Legislature. Nevada Revised Statutes Chapter 361 – Property Tax
4
Washoe County. 2025/26 Tax Rates Explained
5
Nevada Legislature. Nevada Revised Statutes 361.227 – Determination of Taxable Value
6
Nevada Legislature. Nevada Revised Statutes 361.225 – Rate of Assessment
7
Nevada Legislature. Nevada Revised Statutes 361.091 – Exemption for Veteran Who Has Incurred Service-Connected Disability
8
Nevada Legislature. Nevada Revised Statutes 361.085 – Exemption of Property of Persons Who Are Blind
9
Nevada Legislature. Nevada Revised Statutes 361.087 – Exemption of Residential Improvements Made to Remove Barriers to Persons With Disabilities
10
Washoe County Treasurer. Billing Information – Taxes
11
Washoe County Treasurer. Office of the Washoe County Treasurer
12
Nevada Legislature. Nevada Revised Statutes 361.483
13
Washoe County. County Board of Equalization Petition – Assessor
14
Washoe County. Important Dates – Washoe County