
Cheap Apartments for Rent in Reno, NV from $400 (119 Rentals)
Search the lowest-cost Apartments available for rent right now in Reno.


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1120 Evans Ave, Unit 3

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The Villager Studio Apartments

ALTITUDE BY VINTAGE

The Point West University

Zephyr Pointe

Truckee River Terrace

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Colony Studios & Apartments

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SOUTH PEAK BY VINTAGE

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Cottages at Glenda
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.

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The Loft Apartments

Reno Regency

Golden Apartments

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The Rivet

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Palace Apartments

Elevation at the U

140 College Dr

1360 N Sierra St

The Onyx at 695

Vintage at Citi Vista 55+ Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1800 On Purdue

River Arms Apartments

901 Virbel Ln

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Springview by Vintage

Park On Virginia

145 Keystone Pl

Whittell Pointe I and II

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Talus Point

Vintage at Redfield

Gibson Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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645 Colorado River Blvd, Unit C

1060 Wilson Ave

Riverside Park Apartments

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Creekside Apartments

Shoreline Plaza Apartments

Westwood Sierra Apartments

ParcOne60

Fairway Park Manor

Mountain View Apartments

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Pinyon Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

775 Moran St

Meadow Wood Apartments

Terracina at Reno | Affordable Apartments

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Sage by Vintage

Copper Mesa

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STEAMBOAT BY VINTAGE

Vintage Hills Senior Apartments | Affordable Apartments 55+

Evergreen Apartments

1131 Parkview St

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Brooktree Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,443 | $650 | $2,849 |
| Cheap Reno 1 Bedroom Apartments | $1,755 | $525 | $2,939 |
| Cheap Reno 2 Bedroom Apartments | $1,861 | $879 | $3,458 |
| Cheap Reno 3 Bedroom Apartments | $1,839 | $799 | $3,672 |
| Cheap Reno 4 Bedroom Apartments | $1,152 | $736 | $3,179 |
Browse Top Apartments in Reno
See all Apartments in RenoExplore Reno
Reno, NV Local Guide

- Reno Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Reno, NV
Pricing Updated: 12/22/2025Current apartment rentals in the Reno, NV area range in price from $525 to $4,539 with an overall median price of $2,214. The three Reno neighborhoods with the lowest median rent pricing are Wells Avenue Neighborhood at $525, Dandini Regional Center at $649, and Outer University at $525. 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 |
|---|---|---|---|
| Wells Avenue Neighborhood | $1,699 | $525 | 16 |
| Dandini Regional Center | $1,710 | $649 | 388 |
| Outer University | $1,724 | $525 | 577 |
| North Valleys | $1,740 | $525 | 771 |
| Outer North Valleys | $1,740 | $525 | 771 |
| Hillcrest East | $1,770 | $649 | 347 |
| Mountain View Estates | $1,770 | $649 | 315 |
| West University | $1,785 | $649 | 227 |
| Convention Center | $1,795 | $1,050 | 40 |
| Northeast Reno | $1,854 | $1,054 | 36 |
Cheapest Available Reno Apartments for Rent
 The cheapest available apartment rental in Reno, NV is a 1 Bed unit found at Carriage Stone Senior Apartments in the North Valleys neighborhood priced from $525. Banbridge in the North Valleys neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $655. Here is today’s list of the most affordable Reno apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Stone Senior Apartments | 1 Bed, 1 bath | 1BR,1BA | $525 |
| Banbridge | 2 BED A | 2BR,2BA | $655 |
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| ALTITUDE BY VINTAGE | 1x1 | 1BR,1BA | $740 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $790 |
| 1247 W 1st St | 0 Beds, 1 Baths | Studio,1BA | $795 |
| The Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $799 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR,1BA | $819 |
| Park Place at Reno | 4x4 | 4BR,4BA | $824 |
| SOUTH PEAK BY VINTAGE | Plan C | 4BR,2BA | $835 |
Best Value Apartments for Rent in Reno, NV
As of December 23, 2025 the best value apartment in the Reno area is the $1.33 price per square foot 240 College Ct Model at 240 College Ct, Unit A in the in the West University neighborhood starting from $2,050. The second greatest value Reno apartment is the 3 Bed 3 Bath - Master Suite w/Virginia St. View Model at The Towers at Pink Hill starting at $799 with a $0.59 price per square foot in the West University neighborhood. 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. |
|---|---|---|---|
| 240 College Ct, Unit A | 240 College Ct | 2BR,1BA | $1.33 |
| The Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $0.59 |
| The Dean Reno | D3 | 4BR,4BA | $0.73 |
| Zephyr Pointe | 3 Bed 2 Bath | 3BR,2BA | $1.40 |
| The Highlands | 3X3 | 3BR,3BA | $0.88 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| The Republic | B1A | 2BR,2BA | $1.06 |
| The Ridge at Sun Valley | 2x1 | 2BR,2BA | $1.36 |
| Carriage Stone Senior Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.23 |
| SKY MOUNTAIN BY VINTAGE | 1x1 | 1BR,1BA | $1.23 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Pet Friendly LifestyleReno, NV
Ranked #5
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Reno, NV
Hunter Lake Elementary School
Archie Clayton 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 $835.
What is the price of a cheap apartment in Reno?
The cheapest apartment in Reno is Carriage Stone Senior Apartments which is listed at $525, while the average apartment in Reno costs $2,214.
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 2,710 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 $668 which is $1,546 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.