Cheap Apartments for Rent in Reno, NV from $400 (272 Rentals)

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The Rivet
Rent Specials
$807 - $1,255
Total Monthly Price

Total Monthly Price

Base Rent
$797 - $1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

The Rivet

2050 Market StReno, NV 89502
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
property at 860 Quincy St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

860 Quincy St

RenoNV89512
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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

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.

property at 760 Moran St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom Rentals

Available Now

760 Moran St

RenoNV89502
property at 565 Roberts St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

1 Bedroom, 1 Bath Home for Rent

Available Now

565 Roberts St

RenoNV89502
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The Onyx at 695
Rent Specials
$1,049 - $1,560
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,560

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available May 13

The Onyx at 695

695 W 3rd StReno, NV 89503
Student Housing
  • 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.

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Palace Apartments
$1,079 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,550
Required Monthly Fees
$104

Total Monthly Price
$1,079 - $1,654
Studio to 2 Bedroom Apartments Available Now

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 3485 Tripp Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available Now

3485 Tripp Dr

RenoNV89512
property at 460 Wilson Ave

$1,095 - $1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 To 2 Bedroom Rentals

Available Now

460 Wilson Ave

RenoNV89502
property at 1060 Wilson Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom Rentals

Available Now

1060 Wilson Ave

RenoNV89502

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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Talus Point
$1,134 - $2,574
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $2,495
Required Monthly Fees
$79

Total Monthly Price
$1,134 - $2,574
Studio to 3 Bedroom Apartments Available May 11

Talus Point

3970 Covington WayReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Peaks at the Park
Rent Specials
$1,169 - $1,729
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,475
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Peaks at the Park

950 Nutmeg PlReno, NV 89502
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Sage by Vintage
Rent Specials
$1,183 - $1,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,415

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

Sage by Vintage

500 Stoker AveReno, NV 89503
Affordability
  • Verified
  • Low Income
  • 3D Tour

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 219 E 7th St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

219 E 7th St

RenoNV89501
property at 1033 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

1033 Parkview St

RenoNV89502
property at 2820 Wrondel Wy

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Home for Rent

Available Now

2820 Wrondel Wy, Unit A, Unit A

2820 Wrondel Wy
RenoNV89502
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Brooktree Apartments
$1,204 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,745
Required Monthly Fees
$4

Total Monthly Price
$1,204 - $1,749
1 to 2 Bedroom Apartments Available Now

Brooktree Apartments

2400 Harvard WayReno, NV 89502
Affordability
  • 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.

Reno, NV Local Guide

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Written By:
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Local Guide Expert

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 05/09/2026

Current apartment rentals in the Reno, NV area range in price from $520 to $10,641 with an overall median price of $3,375. The three Reno neighborhoods with the lowest median rent pricing are Wells Avenue Neighborhood at $874, Reno Tahoe Intl Airport at $1,036, and Dandini Regional Center at $520. 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$1,600$87414
Reno Tahoe Intl Airport$1,655$1,03627
Dandini Regional Center$1,720$520133
Hillcrest East$1,726$520115
Ward 3$1,770$725211
Mountain View Estates$1,805$52085
Outer University$1,894$520341
Sierra Meadows$1,995$790143
Convention Center$2,020$1,03632
North Valleys$2,137$520473

Cheapest Available Reno Apartments for Rent

 

The cheapest available apartment rental in Reno, NV is a 6 Beds unit found at Wolf Run East in the West University neighborhood priced from $520. Banbridge in the North Valleys neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $662. Here is today’s list of the most affordable Reno apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wolf Run EastVintage 6X4/6X5 F6BR,5BA$520
Banbridge2 BED A2BR,2BA$662
The Villager Studio ApartmentsStudioStudio,1BA$725
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
The RivetStudio SmallStudio,1BA$807
Cottages at GlendaStudio, 1 bathStudio,1BA$900
Altitude by VintageStudioStudio,1BA$980
Truckee River TerraceTruckee A1Studio,1BA$990
JONES 11401BR/1.0BA1BR,1BA$1,015
Reno RegencyStudioStudio,1BA$1,020

Best Value Apartments for Rent in Reno, NV

As of May 09, 2026 the best value apartment in the Reno area is the $0.73 price per square foot D3 Model at The Dean Reno in the in the West University neighborhood starting from $915. The second greatest value Reno apartment is the C1 Model at The Republic starting at $846 with a $0.75 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.
The Dean RenoD34BR,4BA$0.73
The RepublicC13BR,3BA$0.75
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$1.41
VISTA POINT2x22BR,2BA$1.36
Idlewild2x22BR,2BA$1.31
Parkside Gardens Apartments2 bedroom 1 bath2BR,1BA$1.51
Whittell Pointe I and II1 Bed 1 Bath1BR,1BA$1.40
Canyon FlatsB12BR,2BA$1.27
JONES 11401BR/1.0BA1BR,1BA$1.42

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.

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Real 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.

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How much rent can you afford?

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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.

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

Explore Reno, NV Rentals by Map

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Reno, NV Area Reviews

  • Parks
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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 $1,020.

What is the price of a cheap apartment in Reno?

The cheapest apartment in Reno is JONES 1140 which is listed at $1,015, while the average apartment in Reno costs $3,375.

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 1,041 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 $619 which is $2,756 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.