Apartments for Rent in Reno, NV Under $700 (19 Rentals)

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400 University Ter
1 Bedroom Apartments

400 University Ter

400 University TerReno, NV 89503
Student Housing

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.

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Kramer's House Downtown
Studio to 1 Bedroom Apartments

Kramer's House Downtown

523-527 Nevada StReno, NV 89503
  • Utilities Included
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Village on Sage Street
1 Bedroom Apartments

Village on Sage Street

300 Sage StReno, NV 89512
Corporate Housing
  • Utilities Included

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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Banbridge
1 to 2 Bedroom Apartments

Banbridge

1000 El Rancho DrSparks, NV 89431
  • Utilities Included
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1440 Victorian Ave
Studio to 2 Bedroom Apartments

1440 Victorian Ave

1440 Victorian AveSparks, NV 89431
  • Utilities Included

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.

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Bethel Plaza
Studio Apartments

Bethel Plaza

2650 16th StSparks, NV 89431
Senior Living

Reno, NV Local Guide

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

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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 Reno

How much are Studio apartments in Reno?

There are currently 337 Studio Apartments in Reno with rent ranges from $725 to $3,374 with an average price of $1,430.

What is the current price range for One Bedroom Reno Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Reno ranges from $825 to $7,193 with an average monthly rent of $1,803.

What does renting a Two Bedroom Apartment in Reno cost?

The monthly rent prices of Two Bedroom Apartments currently available in Reno range from $775 to $8,154. Today's average rental price for Two Bedrooms here is $2,080.

How expensive are Reno Three Bedroom Apartments?

There are currently 159 Three Bedroom Apartments listings available in Reno on ApartmentHomeLiving.com. The pricing ranges from $755 to $8,954 - averaging $2,451 for the location.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.