Cheap Apartments for Rent in Reno, NV from $400 (179 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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property at 544 Roberts St

544 Roberts St

RenoNV89502

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Reno, NV Local Guide

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Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 07/31/2025

Current apartment rentals in the Reno, NV area range in price from $525 to $35,000 with an overall median price of $3,871. The three Reno neighborhoods with the lowest median rent pricing are Convention Center at $989, Outer University at $525, and Dandini Regional Center at $545. 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$98913
Outer University$1,699$525425
Dandini Regional Center$1,730$545250
Hillcrest East$1,740$545227
Mountain View Estates$1,740$545219
West University$1,740$599164
North Valleys$1,747$525629
Outer North Valleys$1,747$525629
Northeast Reno$1,810$89523
Silver Knolls Estates$1,814$1,1839

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
Fifteen514x4 BT4BR,4BA$599
400UT1BR/1.0BA1BR,1BA$695
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$699
The Villager Studio ApartmentsStudioStudio,1BA$725
Park Place at Reno4x44BR,4BA$819
JONES 11400BR/1.0BAStudio,1BA$850
Grace Senior Apartments1 Bedroom1BR,1BA$872
LevStudio ApartmentStudio,1BA$895

Best Value Apartments for Rent in Reno, NV

As of July 31, 2025 the best value apartment in the Reno area is the $0.96 price per square foot 3x2 Model at SKY MOUNTAIN BY VINTAGE in the in the North Valleys neighborhood starting from $1,175. The second greatest value Reno apartment is the 3X3 Model at The Highlands starting at $675 with a $0.61 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.
SKY MOUNTAIN BY VINTAGE3x23BR,2BA$0.96
The Highlands3X33BR,3BA$0.61
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
Idlewild2x22BR,2BA$1.31
Evergreen Apartments2 Bedroom One Bath2BR,1BA$1.41
Whittell Pointe I and II1 Bed 1 Bath1BR,1BA$1.40
Fifteen512x2 CT2BR,2BA$1.33
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23
The Ridge at Sun Valley1x11BR,1BA$1.46
Grace Senior Apartments1 Bedroom1BR,1BA$1.41

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.

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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 #3

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.

Reno, NV Area Reviews

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

Jennifer • 4+ 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 $895.

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 $3,871.

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 1,877 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 $611 which is $3,260 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.