Cheap Apartments for Rent in Reno, NV from $400 (298 Rentals)

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The Rivet
Rent Specials
$823 - $1,382
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$813 - $1,372
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

The Rivet

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

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

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

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
$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 Jun 27

The Onyx at 695

695 W 3rd StReno, NV 89503
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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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 Jun 25

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 3481 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

3481 Tripp Dr

RenoNV89512
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Creekside Apartments
$1,100 - $1,400
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,100 - $1,400

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

Creekside Apartments

4600 Mira Loma DrReno, NV 89502
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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 Aug 14

Talus Point

3970 Covington WayReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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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
property at 1037 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

1037 Parkview St

RenoNV89502

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
$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 Jul 6

Brooktree Apartments

2400 Harvard WayReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Peaks at the Park
Rent Specials
$1,205 - $1,853
Total Monthly Price

Total Monthly Price

Base Rent
$951 - $1,599
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
property at 520 Locust St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Aug 21

520 Locust St

RenoNV89502

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

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Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 06/23/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Dandini Regional Center$1,734$520125
Ward 3$1,744$725150
Hillcrest East$1,750$520104
Convention Center$1,769$98916
Mountain View Estates$1,835$52063
Outer University$1,878$520297
Wells Avenue Neighborhood$1,900$87413
Sierra Meadows$1,955$79092
Reno Tahoe Intl Airport$1,982$98914
North Valleys$2,084$520411

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 ListingModel NameBed/BathPriced From
Wolf RunVintage 6X4/6X5 F6BR,5BA$520
The Villager Studio ApartmentsStudioStudio,1BA$725
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
The RivetStudio SmallStudio,1BA$823
Locust Apartments0 Beds, 1 BathsStudio,1BA$850
Cottages at GlendaStudio, 1 bathStudio,1BA$900
Truckee River TerraceTruckee A2Studio,1BA$910
Park Willow ApartmentsUnit 207Studio,1BA$968
Colonial Court Apartments1x11BR,1BA$972
Altitude by VintageStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Towers at Pink Hill3 Bed 2 Bath3BR,2BA$0.58
Canyon FlatsD14BR,4BA$0.56
The Dean RenoD24BR,4BA$0.64
Whittell Pointe I and II3 Bed 2 Bath3BR,2BA$1.49
Wolf RunEast 2 Bed2BR,2BA$0.76
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
The RepublicB1A2BR,2BA$0.95
1010 10th St, Unit 10Th Street B1010 10th St1BR,1BA$1.44
2908 Salem Pl2 Beds, 1 Baths2BR,1BA$1.47
Park Willow ApartmentsUnit 207Studio ,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.

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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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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.

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

Explore Reno, NV Rentals by Map

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Reno, NV Area Reviews

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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 $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

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.