Cheap Apartments for Rent in Reno, NV from $400 (126 Rentals)

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Search the lowest-cost Apartments available for rent right now in Reno.

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.

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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.

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property at 2700 Plumas St

2700 Plumas St

RenoNV89509

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.

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Navigating 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.

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Reno, NV Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 06/24/2025

Current apartment rentals in the Reno, NV area range in price from $525 to $35,000 with an overall median price of $3,777. The three Reno neighborhoods with the lowest median rent pricing are Convention Center at $989, Dandini Regional Center at $633, and Hillcrest East at $633. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Convention Center$1,655$98926
Dandini Regional Center$1,740$633227
Hillcrest East$1,740$633196
Mountain View Estates$1,740$633193
Outer University$1,740$525397
West University$1,740$649151
Wells Avenue Neighborhood$1,833$52516
Ward 3$1,884$699173
Northeast Reno$1,887$90019
Ward 1$1,899$9004

Cheapest Available Reno Apartments for Rent

 

The cheapest available apartment rental in Reno, NV is a 1 Bed unit found at Sarrazin Arms Apartments in the West University neighborhood priced from $525. Carriage Stone Senior Apartments in the North Valleys neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Reno apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sarrazin Arms Apartments1x11BR,1BA$525
Carriage Stone Senior Apartments1 Bed, 1 bath1BR,1BA$525
ALTITUDE BY VINTAGE2x12BR,1BA$610
400UT1BR/1.0BA1BR,1BA$695
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$699
The Villager Studio ApartmentsStudioStudio,1BA$725
SOUTH PEAK BY VINTAGEPlan C4BR,2BA$769
Park Place at Reno4x44BR,4BA$819
The RivetStudio SmallStudio,1BA$830
SKY MOUNTAIN BY VINTAGE1x11BR,1BA$839

Best Value Apartments for Rent in Reno, NV

As of June 24, 2025 the best value apartment in the Reno area is the $1.23 price per square foot Plan B Model at SOUTH PEAK BY VINTAGE in the in the Montelena at ArrowCreek neighborhood starting from $1,343. The second greatest value Reno apartment is the 2 Bed 2 Bath Model at Zephyr Pointe starting at $1,414 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
SOUTH PEAK BY VINTAGEPlan B3BR,2BA$1.23
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
Idlewild2x22BR,2BA$1.31
The RepublicB1A2BR,2BA$0.76
Evergreen Apartments2 Bedroom One Bath2BR,1BA$1.41
Whittell Pointe I and II1 Bed 1 Bath1BR,1BA$1.40
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23
SKY MOUNTAIN BY VINTAGE1x11BR,1BA$1.23
Grace Senior Apartments1 Bedroom1BR,1BA$1.41
1837 C StStudioStudio ,1BA$1.42

Quick Rent Budget Calculator

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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.

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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 Lifestyle
Reno, NV

Ranked #7

Among cities in Nevada for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Reno, NV

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Reno, NV Rentals by Map

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See the most popular apartments and homes in Reno, NV

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Getting Around Reno, NV

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $839.

What is the price of a cheap apartment in Reno?

The cheapest apartment in Reno is Sarrazin Arms Apartments which is listed at $525, while the average apartment in Reno costs $3,777.

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 1,670 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 $593 which is $3,184 cheaper than the average rent for all rentals in Reno.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.