Cheap Apartments for Rent in Reno, NV from $400 (122 Rentals)

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

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1110 Evans Ave, Unit B6
$695
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$695
Total Monthly Price
$695
Studio Apartment Available Jan 1, 2026

1110 Evans Ave, Unit B6

1110 Evans AveReno, NV 89512
Furnished
  • Smoke Free
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Lev
Rent Specials
$895
Plus Fees12 Month Lease Term
Studio Apartments Available Now

Lev

1617 N Virginia StReno, NV 89503
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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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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Pinyon Apartments
$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 Nov 15

Pinyon Apartments

1130 E Moana LnReno, NV 89502
Affordability
  • Verified
  • Utilities Included
  • Low Income

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.

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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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Reno, NV Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 09/22/2025

Current apartment rentals in the Reno, NV area range in price from $500 to $20,000 with an overall median price of $3,714. The three Reno neighborhoods with the lowest median rent pricing are Convention Center at $1,000, Northeast Reno at $925, and Plumas at $1,300. 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$1,500$1,00010
Northeast Reno$1,800$9259
Plumas$2,100$1,3008
Reno Tahoe Intl Airport$2,200$1,00010
Sierra Meadows$2,450$92518
Washoe Regional Center$2,495$1,4504
Wells Avenue Neighborhood$2,495$87513
Woodland Village$2,550$1,88611
Ward 3$2,572$85051
Midtown Reno$2,575$87529

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. Fifteen51 in the West University neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $545. 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
Fifteen514x4 BT4BR,4BA$545
Grace Senior Apartments1 Bedroom1BR,1BA$561
Park On Virginia1 Bed 1 Bath1BR,1BA$562
400UT1BR/1.0BA1BR,1BA$695
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$714
The Villager Studio ApartmentsStudioStudio,1BA$725
SOUTH PEAK BY VINTAGEPlan C4BR,2BA$769
The Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$799
Park Place at Reno4x44BR,4BA$819

Best Value Apartments for Rent in Reno, NV

As of September 22, 2025 the best value apartment in the Reno area is the $0.59 price per square foot 3 Bed 3 Bath - Master Suite w/Virginia St. View Model at The Towers at Pink Hill in the in the West University neighborhood starting from $799. The second greatest value Reno apartment is the 4X2 Model at Ridgeview by Vintage starting at $1,493 with a $1.20 price per square foot in the North Valleys 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 Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$0.59
Ridgeview by Vintage4X24BR,2BA$1.20
The Highlands4X24BR,2BA$0.63
SOUTH PEAK BY VINTAGEPlan B3BR,2BA$1.23
Park On Virginia2 Bed 2 Bath2BR,2BA$1.29
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$1.05
The RepublicB1A2BR,2BA$0.76
Fifteen513x2 ATS3BR,2BA$0.78
Grace Senior Apartments2 Bedroom2BR,2BA$1.17
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23

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 #5

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 the Cheapest Studio apartment in Reno?

Currently the most affordable Cheap Studio Apartment in Reno is at Colony Studios & Apartments listed at $714.

How much is rent for a Cheap One Bedroom Reno Apartment?

The lowest price for a Cheap One Bedroom Reno Apartment is $525 at Carriage Stone Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Reno Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Reno is starting from $879 at Carriage Stone Senior Apartments.

What is the most affordable Reno Three Bedroom Apartment?

The best deal on a cheap Reno Three Bedroom Apartment rental is at Fifteen51 and starts from $695.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.