
Cheap New Apartments for Rent in Reno, NV from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Reno.


Total Monthly Price
The Rivet

Pinyon Apartments

Riverside Park Apartments

Total Monthly Price
Springview by Vintage

Total Monthly Price
Sage by Vintage

Vintage at Redfield

Vintage at Washington Station
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Copper Mesa

Total Monthly Price
STEAMBOAT BY VINTAGE

Traditions West

320 Grand Canyon

VINTAGE AT SANCTUARY

The Point Midtown

Kramer's Midtown Studios

Vintage At The Crossings
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Eden Tower

Grand Canyon Mews

64 Park St

Haskell Row

The Ridge at Sun Valley

Square One

Total Monthly Price
The Hub @ Oddie

Total Monthly Price
Parq Crossing Apartments
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 |
|---|---|---|---|
| Reno Studio Apartments | $1,512 | $725 | $3,799 |
| Reno 1 Bedroom Apartments | $1,861 | $599 | $7,069 |
| Reno 2 Bedroom Apartments | $2,124 | $839 | $8,497 |
| Reno 3 Bedroom Apartments | $2,478 | $775 | $8,964 |
| Reno 4 Bedroom Apartments | $2,419 | $665 | $10,000+ |
| Reno 5 Bedroom Apartments | $1,112 | $715 | $3,895 |
Explore Reno
Reno, NV Local Guide
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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.
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 $1,000.
What is the price of a cheap apartment in Reno?
The cheapest apartment in Reno is Park On Virginia which is listed at $599, while the average apartment in Reno costs $3,793.
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 514 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 $405 which is $3,388 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.