
Cheap Apartments for Rent in Reno, NV from $400 (278 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

Carriage Stone Senior Apartments

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Cottages at Glenda

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The Rivet

3325 Socrates Dr

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The Loft Apartments

Golden Apartments
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.

ALTITUDE BY VINTAGE

ParcOne60

Pinyon Apartments

145 Keystone Pl

Elevation at the U

1800 On Purdue

Vintage at Citi Vista 55+ Apartments

River Arms Apartments

Reno Regency

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The Onyx at 695
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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Springview by Vintage

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Palace Apartments

Riverside Park Apartments

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840 N Sierra St

Gibson Apartments

Westwood Sierra Apartments

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Creekside Apartments

Shoreline Plaza

1060 Wilson Ave

Mountain View 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.

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Talus Point

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Regina Marie Apartments

Meadow Wood Apartments

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Peaks at the Park

Whittell Pointe I and II

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STEAMBOAT BY VINTAGE

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Sage by Vintage

Copper Mesa

Zephyr Pointe

Park On Virginia
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Vintage Hills Senior Apartments | Affordable Apartments 55+

Fairway Park Manor

1033 Parkview St

2820 Wrondel Wy, Unit A

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Brooktree Apartments

Creekside Apartments

Vintage at Redfield

Vintage at Washington Station

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Wedekind Apartments

Stardust Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,426 | $725 | $2,699 |
| Cheap Reno 1 Bedroom Apartments | $1,758 | $874 | $4,751 |
| Cheap Reno 2 Bedroom Apartments | $1,997 | $875 | $6,026 |
| Cheap Reno 3 Bedroom Apartments | $2,236 | $799 | $8,497 |
| Cheap Reno 4 Bedroom Apartments | $1,350 | $730 | $7,646 |
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: 04/01/2026Current apartment rentals in the Reno, NV area range in price from $649 to $8,497 with an overall median price of $2,910. The three Reno neighborhoods with the lowest median rent pricing are West University at $649, Dandini Regional Center at $649, and Hillcrest East at $649. 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 |
|---|---|---|---|
| West University | $1,342 | $649 | 66 |
| Dandini Regional Center | $1,612 | $649 | 194 |
| Hillcrest East | $1,630 | $649 | 182 |
| Convention Center | $1,655 | $989 | 36 |
| Reno Tahoe Intl Airport | $1,655 | $989 | 27 |
| Wells Avenue Neighborhood | $1,750 | $874 | 11 |
| Outer University | $1,799 | $649 | 411 |
| Ward 3 | $1,812 | $725 | 204 |
| Mountain View Estates | $1,820 | $649 | 143 |
| Ward 1 | $1,925 | $900 | 2 |
Cheapest Available Reno Apartments for Rent
 The cheapest available apartment rental in Reno, NV is a Studio unit found at The Villager Studio Apartments in the West University neighborhood priced from $725. Colony Studios & Apartments in the North Valleys neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Reno apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| 1247 W 1st St | 0 Beds, 1 Baths | Studio,1BA | $795 |
| The Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $799 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| Grace Senior Apartments | Affordable Senior Apartments | 1 Bedroom | 1BR,1BA | $874 |
| Cottages at Glenda | Studio, 1 bath | Studio,1BA | $900 |
| Park Willow Apartments | Unit 210 | Studio,1BA | $957 |
| ALTITUDE BY VINTAGE | Studio | Studio,1BA | $980 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $990 |
Best Value Apartments for Rent in Reno, NV
As of April 01, 2026 the best value apartment in the Reno area is the $0.59 price per square foot 3 Bed 3 Bath - Master Suite w/Virginia St. View Model at The Towers at Pink Hill in the in the West University neighborhood starting from $799. The second greatest value Reno apartment is the D3 Model at The Dean Reno starting at $915 with a $0.73 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 Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $0.59 |
| The Dean Reno | D3 | 4BR,4BA | $0.73 |
| STEAMBOAT BY VINTAGE | 3x2 | 3BR,2BA | $1.42 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR,1BA | $1.41 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| The Republic | B1A | 2BR,2BA | $0.84 |
| The Ridge at Sun Valley | 2x1 | 2BR,2BA | $1.36 |
| Whittell Pointe I and II | 1 Bed 1 Bath | 1BR,1BA | $1.40 |
| Canyon Flats | B1 | 2BR,2BA | $1.31 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
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 $990.
What is the price of a cheap apartment in Reno?
The cheapest apartment in Reno is Grace Senior Apartments | Affordable Senior Apartments which is listed at $874, while the average apartment in Reno costs $2,910.
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 1,425 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 $607 which is $2,303 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.