
Cheap Apartments for Rent in Reno, NV from $400 (298 Rentals)
Search the lowest-cost Apartments available for rent right now in Reno.


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The Villager Studio Apartments

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Colony Studios & Apartments

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Truckee River Terrace

The Point West University

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The Rivet

Carriage Stone Senior Apartments

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Cottages at Glenda

860 Quincy St

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The Loft Apartments
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.

Golden Apartments

Altitude by Vintage

Vintage at Washington Station

Pinyon Apartments

760 Moran St

1800 On Purdue

River Arms Apartments

Reno Regency

Elevation at the U

ParcOne60
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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The Onyx at 695

Vintage Hills Senior Apartments | Affordable Apartments 55+

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Springview by Vintage

Riverside Park Apartments

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Palace Apartments

3481 Tripp Dr

625 Eureka Ave

Gibson Apartments

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Creekside Apartments

Westwood Sierra Apartments
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.

Mountain View Apartments

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Talus Point

Meadow Wood Apartments

Regency Park

Whittell Pointe I and II

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Sage by Vintage

Zephyr Pointe

Fairway Park Manor

Shoreline Plaza

1037 Parkview St
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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Brooktree Apartments

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Peaks at the Park

Creekside Apartments

Vintage at Redfield

954 Berrum Ln, Unit 5

217 E Taylor St

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Wedekind Apartments

950 Berrum Ln, Unit 6

Stardust Apartments

520 Locust St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Reno, NV Local Guide

How much does it cost to rent an apartment in Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Reno Studio Apartments | $1,427 | $725 | $3,374 |
| Cheap Reno 1 Bedroom Apartments | $1,786 | $825 | $6,902 |
| Cheap Reno 2 Bedroom Apartments | $2,093 | $775 | $8,686 |
| Cheap Reno 3 Bedroom Apartments | $2,230 | $755 | $7,448 |
| Cheap Reno 4 Bedroom Apartments | $1,884 | $665 | $10,000+ |
Browse Top Apartments in Reno
See all Apartments in RenoExplore Reno
Reno, NV Local Guide

- Reno Neighborhoods
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Cheapest Neighborhoods for Apartments in Reno, NV
Pricing Updated: 06/23/2026Current apartment rentals in the Reno, NV area range in price from $520 to $13,461 with an overall median price of $3,272. The three Reno neighborhoods with the lowest median rent pricing are Dandini Regional Center at $520, Ward 3 at $725, and Hillcrest East at $520. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Dandini Regional Center | $1,734 | $520 | 125 |
| Ward 3 | $1,744 | $725 | 150 |
| Hillcrest East | $1,750 | $520 | 104 |
| Convention Center | $1,769 | $989 | 16 |
| Mountain View Estates | $1,835 | $520 | 63 |
| Outer University | $1,878 | $520 | 297 |
| Wells Avenue Neighborhood | $1,900 | $874 | 13 |
| Sierra Meadows | $1,955 | $790 | 92 |
| Reno Tahoe Intl Airport | $1,982 | $989 | 14 |
| North Valleys | $2,084 | $520 | 411 |
Cheapest Available Reno Apartments for Rent
 The cheapest available apartment rental in Reno, NV is a 6 Beds unit found at Wolf Run in the West University neighborhood priced from $520. The Villager Studio Apartments in the West University neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Reno apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wolf Run | Vintage 6X4/6X5 F | 6BR,5BA | $520 |
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Rivet | Studio Small | Studio,1BA | $823 |
| Locust Apartments | 0 Beds, 1 Baths | Studio,1BA | $850 |
| Cottages at Glenda | Studio, 1 bath | Studio,1BA | $900 |
| Truckee River Terrace | Truckee A2 | Studio,1BA | $910 |
| Park Willow Apartments | Unit 207 | Studio,1BA | $968 |
| Colonial Court Apartments | 1x1 | 1BR,1BA | $972 |
| Altitude by Vintage | Studio | Studio,1BA | $980 |
Best Value Apartments for Rent in Reno, NV
As of June 23, 2026 the best value apartment in the Reno area is the $0.58 price per square foot 3 Bed 2 Bath Model at The Towers at Pink Hill in the in the West University neighborhood starting from $800. The second greatest value Reno apartment is the D1 Model at Canyon Flats starting at $756 with a $0.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Towers at Pink Hill | 3 Bed 2 Bath | 3BR,2BA | $0.58 |
| Canyon Flats | D1 | 4BR,4BA | $0.56 |
| The Dean Reno | D2 | 4BR,4BA | $0.64 |
| Whittell Pointe I and II | 3 Bed 2 Bath | 3BR,2BA | $1.49 |
| Wolf Run | East 2 Bed | 2BR,2BA | $0.76 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| The Republic | B1A | 2BR,2BA | $0.95 |
| 1010 10th St, Unit 10Th Street B | 1010 10th St | 1BR,1BA | $1.44 |
| 2908 Salem Pl | 2 Beds, 1 Baths | 2BR,1BA | $1.47 |
| Park Willow Apartments | Unit 207 | Studio ,1BA | $1.49 |
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 ArticleReal 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.
Read ArticleQuick 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.
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.
Best Local Schools in Reno, NV
Hunter Lake Elementary School
Darrell C Swope Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reno, NV Rentals by Map
See the most popular apartments and homes in Reno, NV
Reno, NV Area Reviews
Jennifer • 4+ years in Reno
July 17, 2025Rent 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 $980.
What is the price of a cheap apartment in Reno?
The cheapest apartment in Reno is Colonial Court Apartments which is listed at $972, while the average apartment in Reno costs $3,272.
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 650 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 $356 which is $2,916 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.