Cheap New Apartments for Rent in Reno, NV from $400 (23 Rentals)

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

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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HERE Reno Student Apartments
Built in 2022Studio to 5 Bedroom Apartments

HERE Reno Student Apartments

1703 N Virginia StReno, NV 89503
Student Housing
  • Utilities Included
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The Point Midtown
Built in 2024Studio Apartments

The Point Midtown

1901 S Virginia StReno, NV 89502

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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Vintage At The Crossings
Built in 20182 Bedroom Apartments

Vintage At The Crossings

11565 Old Virginia RdReno, NV 89521
Senior Living
  • Utilities Included
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Grand Canyon Mews
Built in 20241 to 2 Bedroom Apartments

Grand Canyon Mews

597 Grand Canyon BlvdReno, NV 89502
  • Utilities Included
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Haskell Row
Built in 20201 Bedroom Apartments

Haskell Row

1030 Haskell StReno, NV 89509
  • 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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VINTAGE AT SANCTUARY
Built in 20211 Bedroom Apartments

VINTAGE AT SANCTUARY

301 Gentry WayReno, NV 89502
Senior Living
  • Utilities Included

Reno, NV Local Guide

Quick Rent Budget Calculator

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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

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 $895.

What is the price of a cheap apartment in Reno?

The cheapest apartment in Reno is Sarrazin Arms Apartments which is listed at $525, while the average apartment in Reno costs $3,871.

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 1,877 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 $611 which is $3,260 cheaper than the average rent for all rentals in Reno.

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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.