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Reno Homes Under $500K

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          19 Communities

          Quick Move-In Hot Deals

          Woodrush by Lennar in Reno Nevada
          homes in Woodrush by Lennar
          homes in Woodrush by Lennar

          Woodrush

          Community by Lennar

          157 Shasta Drive
          Dayton, NV 89403

          Lennar 116 Reviews

          888-322-3730

          from $439,950 - $509,950

          6 homes match your search

          Arvada at Stonefield by Lennar in Reno Nevada
          homes in Arvada at Stonefield by Lennar
          homes in Arvada at Stonefield by Lennar

          Arvada at Stonefield

          Community by Lennar

          8969 Wolf River Drive
          Reno, NV 89506

          Lennar 116 Reviews

          from $439,950 - $559,950

          5 homes match your search

          Regency at Stonebrook - Glenridge Collection by Toll Brothers in Reno Nevada
          homes in Regency at Stonebrook - Glenridge Collection by Toll Brothers
          homes in Regency at Stonebrook - Glenridge Collection by Toll Brothers
          Deal Green

          Regency at Stonebrook - Glenridge Collection

          Community by Toll Brothers

          7481 Rustic Sky Ct
          Sparks, NV 89436

          Toll Brothers

          888-884-3234

          from $489,995 - $581,995

          3 homes match your search

          Copper Canyon II by Lennar in Reno Nevada
          homes in Copper Canyon II by Lennar
          homes in Copper Canyon II by Lennar

          Copper Canyon II

          Community by Lennar

          341 Moab Court
          Dayton, NV 89403

          Lennar 116 Reviews

          888-233-9803

          from $409,950 - $594,950

          2 homes match your search

          Cottages at Comstock by Northern Nevada Homes in Reno Nevada
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          homes in Cottages at Comstock by Northern Nevada Homes
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          Cottages at Comstock

          Community by Northern Nevada Homes

          3655 Oaklawn St.
          Reno, NV 89512

          Northern Nevada Homes

          888-466-9186

          from $429,900 - $509,900

          3 homes match your search

          Sundance by Carter Hill Homes in Reno Nevada
          homes in Sundance by Carter Hill Homes
          homes in Sundance by Carter Hill Homes

          Sundance

          Community by Carter Hill Homes

          Fernley, NV 89408

          Carter Hill Homes

          888-490-1074

          from $399,000 - $465,000

          8 homes match your search

          Homestead at Kiley Ranch by Lennar in Reno Nevada
          homes in Homestead at Kiley Ranch by Lennar
          homes in Homestead at Kiley Ranch by Lennar

          Homestead at Kiley Ranch

          Community by Lennar

          6171 Cotton Rosser Road
          Sparks, NV 89436

          Lennar 116 Reviews

          888-485-0754

          from $499,950 - $595,950

          1 home matches your search

          Village South at Valley Knolls by Jenuane Communities in Reno Nevada
          homes in Village South at Valley Knolls by Jenuane Communities
          homes in Village South at Valley Knolls by Jenuane Communities

          Village South at Valley Knolls

          Community by Jenuane Communities

          3635 Flare Ln.
          Carson City, NV 89705

          Jenuane Communities

          888-901-2545

          from $434,990 - $496,990

          3 homes match your search

          Royal Troon by Silverado Homes in Reno Nevada
          homes in Royal Troon by Silverado Homes
          homes in Royal Troon by Silverado Homes
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          Royal Troon

          Community by Silverado Homes

          504 Cypress Point Drive
          Dayton, NV 89403

          Silverado Homes

          888-562-3685

          from $388,900 - $415,900

          2 homes match your search

          The Flats at Ponderosa by Jenuane Communities in Reno Nevada
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          homes in The Flats at Ponderosa by Jenuane Communities

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          The Flats at Ponderosa

          Community by Jenuane Communities

          1627 Summerwind Dr.
          Fernley, NV 89408

          Jenuane Communities

          888-579-5735

          from $349,998 - $378,867

          3 homes match your search

          Peavine Trails at Stonefield by Lennar in Reno Nevada
          homes in Peavine Trails at Stonefield by Lennar
          homes in Peavine Trails at Stonefield by Lennar

          Peavine Trails at Stonefield

          Community by Lennar

          8969 Wolf River Drive
          Reno, NV 89506

          Lennar 116 Reviews

          from $474,950 - $586,108

          1 home matches your search

          NV Flats by Jenuane Communities in Reno Nevada
          homes in NV Flats by Jenuane Communities
          homes in NV Flats by Jenuane Communities
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          NV Flats

          Community by Jenuane Communities

          9316 Carter Springs Drive
          Reno, NV 89506

          Jenuane Communities

          888-295-6082

          from $402,150 - $444,423

          11 homes match your search

          Blackstone by Jenuane Communities in Reno Nevada
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          Blackstone

          Community by Jenuane Communities

          212 Uxbridge Drive
          Sparks, NV 89441

          Jenuane Communities

          888-409-5308

          from $490,990 - $769,676

          1 home matches your search

          Emerson Cottages by Paradiso Communities in Reno Nevada
          homes in Emerson Cottages by Paradiso Communities
          homes in Emerson Cottages by Paradiso Communities

          Emerson Cottages

          Community by Paradiso Communities

          3649 Emerson Drive
          Carson City, NV 89706

          Paradiso Communities

          888-387-8298

          from $370,000 - $450,000

          4 homes match your search

          Sendero at Pioneer Meadows by Lennar in Reno Nevada
          homes in Sendero at Pioneer Meadows by Lennar
          homes in Sendero at Pioneer Meadows by Lennar
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          Sendero at Pioneer Meadows

          Community by Lennar

          2057 Marcus Way
          Sparks, NV 89436

          Lennar 116 Reviews

          888-710-8111

          from $499,950 - $674,950

          1 home matches your search

          Other Builders

          Sugar Pine by D.R. Horton in Reno Nevada
          homes in Sugar Pine by D.R. Horton
          homes in Sugar Pine by D.R. Horton
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          Sugar Pine

          Community by D.R. Horton

          Reno, NV 89506

          D.R. Horton

          from $420,995

          1 home matches your search

          TerReno at Damonte Ranch by Di Loreto Homes in Reno Nevada
          homes in TerReno at Damonte Ranch by Di Loreto Homes
          homes in TerReno at Damonte Ranch by Di Loreto Homes

          TerReno at Damonte Ranch

          Community by Di Loreto Homes

          Reno, NV 89521

          Di Loreto Homes

          from $459,500 - $519,500

          3 homes match your search

          Liberty by D.R. Horton in Reno Nevada
          homes in Liberty by D.R. Horton
          homes in Liberty by D.R. Horton
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          Liberty

          Community by D.R. Horton

          Fallon, NV 89406

          D.R. Horton

          from $348,838

          1 home matches your search

          Woodland Village by Lifestyle Homes in Reno Nevada
          homes in Woodland Village by Lifestyle Homes
          homes in Woodland Village by Lifestyle Homes

          Woodland Village

          Community by Lifestyle Homes

          Reno, NV 89508

          Lifestyle Homes

          from $362,500 - $465,500

          10 homes match your search

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          Reno features many of the best home builder communities in Nevada, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Reno has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Reno area. In fact, there are 19 communities and 10 builders in Reno with homes starting at under $500K.

          How to Find Homes in Reno For Less Than $500K?

          Many builders recognize there is growing demand in the Reno area for homes under the $500K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.