
Cheap Apartments for Rent in Reno, NV from $665 (306 Rentals)
Search the lowest-cost Apartments available for rent right now in Reno.


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Altitude by Vintage

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The Villager Studio Apartments

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The Rivet

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Truckee River Terrace

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Tamarus Park II

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Cottages at Glenda

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Vintage at Washington Station

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The Loft Apartments

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Golden Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Pinyon Apartments

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River Arms Apartments

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Reno Regency

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Regency Park

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Elevation at the U

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The Point West University

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Westwood Sierra Apartments

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Gibson Apartments

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ParcOne60

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The Onyx at 695
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mountain View Apartments

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Talus Point

3485 Tripp Dr

933-937 Ralston St

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Riverside Park Apartments

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Meadow Wood Apartments

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Peaks at the Park

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Springview by Vintage

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Sage by Vintage

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Zephyr Pointe
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Brooktree Apartments

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Fairway Park Manor

1033 Parkview St

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Creekside Apartments

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Austin Crest

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Shoreline Plaza

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Vintage at Redfield

4035 Shinners Pl

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217 E Taylor St

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Wedekind Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

822 Holcomb Ave

793-799 Forest St

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Copper Mesa

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STEAMBOAT BY VINTAGE

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Park On Virginia

950 Berrum Ln, Unit 3

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Rosewood Park Apartments

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Kirman Garden

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The Phoenix Reno

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Traditions West
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Reno, NV Local Guide

How much does it cost to rent an apartment in Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Reno Studio Apartments | $1,456 | $740 | $3,668 |
| Cheap Reno 1 Bedroom Apartments | $1,875 | $740 | $7,517 |
| Cheap Reno 2 Bedroom Apartments | $2,148 | $898 | $8,552 |
| Cheap Reno 3 Bedroom Apartments | $2,619 | $841 | $9,732 |
| Cheap Reno 4 Bedroom Apartments | $3,749 | $683 | $10,000+ |
| Reno 5 Bedroom Apartments | $3,191 | $744 | $5,500 |
Browse Top Apartments in Reno
See all Apartments in RenoExplore Reno
Reno, NV Local Guide

- Reno Neighborhoods
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Cheapest Neighborhoods for Apartments in Reno, NV
Pricing Updated: 09/22/2026Current apartment rentals in the Reno, NV area range in price from $665 to $19,662 with an overall median price of $1,907. The three Reno neighborhoods with the lowest median rent pricing are Convention Center at $1,569, Reno Tahoe Intl Airport at $1,569, and Wells Avenue Neighborhood at $1,592. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Convention Center | $1,569 | $989 | 22 |
| Reno Tahoe Intl Airport | $1,569 | $989 | 22 |
| Wells Avenue Neighborhood | $1,592 | $1,149 | 13 |
| Northeast Reno | $1,630 | $1,183 | 42 |
| Ward 3 | $1,650 | $740 | 145 |
| Rancharrah | $1,669 | $900 | 55 |
| Ward 1 | $1,683 | $900 | 1 |
| Dandini Regional Center | $1,685 | $665 | 94 |
| Mountain View Estates | $1,685 | $665 | 49 |
| Hillcrest East | $1,695 | $665 | 81 |
Cheapest Available Reno Apartments for Rent
 The cheapest available apartment rental in Reno, NV is a 6 Beds unit found at Wolf Run Student Living in the West University neighborhood priced from $665. Colony Studios & Apartments in the North Valleys neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Reno apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wolf Run Student Living | Vintage 6x5 | 6BR, 5BA | $665 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio, 1BA | $740 |
| Altitude by Vintage | 1x1 | 1BR, 1BA | $740 |
| The Villager Studio Apartments | Studio | Studio, 1BA | $765 |
| The Rivet | Studio Small | Studio, 1BA | $823 |
| Cottages at Glenda | Studio, 1 bath | Studio, 1BA | $900 |
| Vintage at Sanctuary | 1 Bedroom | 1BR, 1BA | $939 |
| Big Horn Apartments | Unit 3201 | Studio, 1BA | $968 |
| 2075 Patton Dr | 1 Beds, 1 Baths | 1BR, 1BA | $975 |
| 480 S. Sierra | Studio | Studio, 1BA | $975 |
Best Value Apartments for Rent in Reno, NV
As of September 22, 2026 the best value apartment in the Reno area is the $0.46 price per square foot F1 Model at The Republic in the West University neighborhood starting from $746. The second greatest value Reno apartment is the D5 Model at The Dean Reno in the West University neighborhood starting at $890 with a $0.78 price per square foot. Here is today’s list of the best values for Reno apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Republic | F1 | 5BR, 5BA | $0.46 |
| The Dean Reno | D5 | 4BR, 3BA | $0.78 |
| Wolf Run Student Living | East 2 Bed | 2BR, 2BA | $0.88 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR, 2BA | $1.41 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR, 1BA | $1.50 |
| Park On Virginia | 2 Bed 2 Bath | 2BR, 2BA | $1.44 |
| Idlewild | 2x2 | 2BR, 2BA | $1.31 |
| Springview by Vintage | B1 Alt | 2BR, 1BA | $1.42 |
| The Highlands | 2X2 | 2BR, 2BA | $1.07 |
| Canyon Flats | B1 | 2BR, 2BA | $1.30 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Reno Overview
A vibrant city that provides numerous cultural events and sporting events to check out throughout the year along with the iconic casinos, nightlife, entertainment and much, much more, Reno, NV is a fantastic place to live. This Nevada staples is a haven for those who prefer non-rainy days. There is little precipitation, and those who enjoy the outdoors can transition from water skis to snow skis as the seasons change.
Why live in Reno, NV?
Reno caters to as many interests as it has kinds of residents. Those who enjoy music can visit the Reno Philharmonic Orchestra and the Reno Pops Orchestra as well as the iconic Burning Man Festival. Theater goers can enjoy the Pioneer Center for Performing Arts and the Good Luck Macbeth Theatre Company. Sports fans can enjoy a range of activitieis ranging from minor league baseball to indoor hockey as well as amateur boxing and professional golf.
Best Local Schools in Reno, NV
Rollan D. Melton Elementary School
Kendyl Depoali Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reno, NV Rentals by Map
See the most popular apartments and homes in Reno, NV
Reno, NV Area Reviews
Jennifer • 4+ years in Reno
July 17, 2025Rent far exceeds income here. Most rentals want monthly income to be 3x the monthly rent. Which makes finding an affordable place seem impossible. So good luck!
Frequently Asked Questions about Cheap Reno Apartments
What is a cheap apartment in Reno?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Reno is under $975.
What is the price of a cheap apartment in Reno?
The cheapest apartment in Reno is Altitude by Vintage which is listed at $740, while the average apartment in Reno costs $1,907.
What types of apartments are the cheapest in Reno?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 428 regular apartments in Reno that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Reno?
Cheap apartments in Reno have an average cost of $432 which is $1,475 cheaper than the average rent for all rentals in Reno.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.