
Cheap Apartments for Rent in Reno, NV from $400 (272 Rentals)
Search the lowest-cost Apartments available for rent right now in Reno.


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Colony Studios & Apartments

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Truckee River Terrace

The Point West University

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The Rivet

860 Quincy St

Carriage Stone Senior Apartments

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Cottages at Glenda

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The Loft Apartments

Golden 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.

Altitude by Vintage

Elevation at the U

760 Moran St

1800 On Purdue

River Arms Apartments

Reno Regency

Pinyon Apartments

565 Roberts St

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The Onyx at 695

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Springview by Vintage
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.

Riverside Park Apartments

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Palace Apartments

3485 Tripp Dr

460 Wilson Ave

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840 N Sierra St

Gibson Apartments

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Creekside Apartments

Westwood Sierra Apartments

1060 Wilson Ave

ParcOne60
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

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Regina Marie Apartments

Meadow Wood Apartments

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Peaks at the Park

Terracina at Reno | Affordable Apartments

Whittell Pointe I and II

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Sage by Vintage

Copper Mesa

Park On Virginia
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.

Zephyr Pointe

219 E 7th St

1574 W 7th St

Vintage Hills Senior Apartments | Affordable Apartments 55+

1033 Parkview St

2820 Wrondel Wy, Unit A, Unit A

Fairway Park Manor

Shoreline Plaza

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Brooktree Apartments

Creekside Apartments
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

How much does it cost to rent an apartment in Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Reno Studio Apartments | $1,402 | $725 | $3,239 |
| Cheap Reno 1 Bedroom Apartments | $1,787 | $825 | $7,141 |
| Cheap Reno 2 Bedroom Apartments | $2,069 | $875 | $8,006 |
| Cheap Reno 3 Bedroom Apartments | $2,318 | $800 | $7,358 |
| Cheap Reno 4 Bedroom Apartments | $1,656 | $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: 05/09/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wells Avenue Neighborhood | $1,600 | $874 | 14 |
| Reno Tahoe Intl Airport | $1,655 | $1,036 | 27 |
| Dandini Regional Center | $1,720 | $520 | 133 |
| Hillcrest East | $1,726 | $520 | 115 |
| Ward 3 | $1,770 | $725 | 211 |
| Mountain View Estates | $1,805 | $520 | 85 |
| Outer University | $1,894 | $520 | 341 |
| Sierra Meadows | $1,995 | $790 | 143 |
| Convention Center | $2,020 | $1,036 | 32 |
| North Valleys | $2,137 | $520 | 473 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wolf Run East | Vintage 6X4/6X5 F | 6BR,5BA | $520 |
| Banbridge | 2 BED A | 2BR,2BA | $662 |
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Rivet | Studio Small | Studio,1BA | $807 |
| Cottages at Glenda | Studio, 1 bath | Studio,1BA | $900 |
| Altitude by Vintage | Studio | Studio,1BA | $980 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $990 |
| JONES 1140 | 1BR/1.0BA | 1BR,1BA | $1,015 |
| Reno Regency | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Dean Reno | D3 | 4BR,4BA | $0.73 |
| The Republic | C1 | 3BR,3BA | $0.75 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR,1BA | $1.41 |
| VISTA POINT | 2x2 | 2BR,2BA | $1.36 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| Parkside Gardens Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.51 |
| Whittell Pointe I and II | 1 Bed 1 Bath | 1BR,1BA | $1.40 |
| Canyon Flats | B1 | 2BR,2BA | $1.27 |
| JONES 1140 | 1BR/1.0BA | 1BR,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.
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 $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

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.

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.

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.

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.