Cheap Apartments for Rent in Reno, NV from $400 (119 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1120 Evans Ave, Unit 3
$650
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650
Studio Apartment Available Jan 1, 2026

1120 Evans Ave, Unit 3

1120 Evans AveReno, NV 89512
Furnished
  • Smoke Free
close
View Me
Colony Studios & Apartments
Rent Specials
$790 - $1,144
Total Monthly Price

Total Monthly Price

Base Rent
$790 - $1,144

Total Monthly Price
$790 - $1,144
Studio Apartments Available Now

Colony Studios & Apartments

1000 Harvard WayReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
SOUTH PEAK BY VINTAGE
Rent Specials
$835 - $1,814
Total Monthly Price

Total Monthly Price

Base Rent
$835 - $1,814

Total Monthly Price
$835 - $1,814
2 to 4 Bedroom Apartments Available Now

SOUTH PEAK BY VINTAGE

1205 S Meadows PkyReno, NV 89521
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
The Loft Apartments
Rent Specials
$950 - $1,650
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,650

Total Monthly Price
$950 - $1,650
Studio to 1 Bedroom Apartments Contact Us For Availability

The Loft Apartments

3660 Grant DrReno, NV 89509
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Rivet
$972 - $1,039
Total Monthly Price

Total Monthly Price

Base Rent
$865 - $932
Required Monthly Fees
$107

Total Monthly Price
$972 - $1,039
Studio Apartments Available Jan 1, 2026

The Rivet

2050 Market StReno, NV 89502
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Palace Apartments
Rent Specials
$975 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,550

Total Monthly Price
$975 - $1,550
Studio to 2 Bedroom Apartments Available Now

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 140 College Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

140 College Dr

RenoNV89503
property at 1360 N Sierra St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

1360 N Sierra St

RenoNV89503

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.

property at 901 Virbel Ln

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

901 Virbel Ln

RenoNV89502
close
View Me
Springview by Vintage
$1,054 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$1,054 - $1,630

Total Monthly Price
$1,054 - $1,630
1 to 3 Bedroom Apartments Available Now

Springview by Vintage

2325 Clear Acre LnReno, NV 89512
Affordability
  • Verified
  • Utilities Included
  • Low Income
property at 145 Keystone Pl

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

145 Keystone Pl

RenoNV89503
close
View Me
Talus Point
$1,095 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,495

Total Monthly Price
$1,095 - $2,495
Studio to 3 Bedroom Apartments Available Now

Talus Point

3970 Covington WayReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
645 Colorado River Blvd, Unit C
$1,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Jan 1, 2026

645 Colorado River Blvd, Unit C

645 Colorado River BlvdReno, NV 89502
Affordability
  • Smoke Free
property at 1060 Wilson Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

1060 Wilson Ave

RenoNV89502
close
View Me
Creekside Apartments
$1,100 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400

Total Monthly Price
$1,100 - $1,400
1 to 3 Bedroom Apartments Available Now

Creekside Apartments

4600 Mira Loma DrReno, NV 89502
Outdoors
  • Verified
  • Utilities Included
close
View Me
Pinyon Apartments
Rent Specials
$1,129 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$989 - $1,655
Required Monthly Fees
$140

Total Monthly Price
$1,129 - $1,795
1 to 3 Bedroom Apartments Available Now

Pinyon Apartments

1130 E Moana LnReno, NV 89502
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 775 Moran St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

775 Moran St

RenoNV89502
close
View Me
Sage by Vintage
Rent Specials
$1,183 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,630

Total Monthly Price
$1,183 - $1,630
1 to 3 Bedroom Apartments Contact Us For Availability

Sage by Vintage

500 Stoker AveReno, NV 89503
Affordability
  • Verified
  • Low Income
  • 3D Tour
close
View Me
STEAMBOAT BY VINTAGE
Rent Specials
$1,183 - $1,630
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,630

Total Monthly Price
$1,183 - $1,630
1 to 3 Bedroom Apartments Available Now

STEAMBOAT BY VINTAGE

600 Geiger Grade RdReno, NV 89521
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1131 Parkview St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1131 Parkview St

RenoNV89502
close
View Me
Brooktree Apartments
$1,200 - $1,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,645

Total Monthly Price
$1,200 - $1,645
1 to 2 Bedroom Apartments Available Now

Brooktree Apartments

2400 Harvard WayReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 12/22/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Wells Avenue Neighborhood$1,699$52516
Dandini Regional Center$1,710$649388
Outer University$1,724$525577
North Valleys$1,740$525771
Outer North Valleys$1,740$525771
Hillcrest East$1,770$649347
Mountain View Estates$1,770$649315
West University$1,785$649227
Convention Center$1,795$1,05040
Northeast Reno$1,854$1,05436

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 ListingModel NameBed/BathPriced From
Carriage Stone Senior Apartments1 Bed, 1 bath1BR,1BA$525
Banbridge2 BED A2BR,2BA$655
The Villager Studio ApartmentsStudioStudio,1BA$725
ALTITUDE BY VINTAGE1x11BR,1BA$740
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$790
1247 W 1st St0 Beds, 1 BathsStudio,1BA$795
The Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$799
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$819
Park Place at Reno4x44BR,4BA$824
SOUTH PEAK BY VINTAGEPlan C4BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
240 College Ct, Unit A240 College Ct2BR,1BA$1.33
The Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$0.59
The Dean RenoD34BR,4BA$0.73
Zephyr Pointe3 Bed 2 Bath3BR,2BA$1.40
The Highlands3X33BR,3BA$0.88
Idlewild2x22BR,2BA$1.31
The RepublicB1A2BR,2BA$1.06
The Ridge at Sun Valley2x12BR,2BA$1.36
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23
SKY MOUNTAIN BY VINTAGE1x11BR,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 Article
Decorative image

The 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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 #5

Among cities in Nevada for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Reno, NV Rentals by Map

View Map
Reno, NV Apartments Map
View Map
Reno, NV Rental Homes Map

Reno, NV Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Jennifer4+ years in Reno

July 17, 2025

Rent 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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.