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$740 - $1,144
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$740 - $1,144
Total Monthly Price
$740 - $1,144
Colony Studios & Apartments
1000 Harvard WayReno, NV 89502
Cheap Apartments for Rent in the Downtown Reno Neighborhood of Reno, NV from $400 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reno area of Reno.
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$799
Plus Fees
Studio Apartments Contact Us For AvailabilityThe Point West University
1400 Stardust StReno, NV 89503
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$823 - $1,233
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$813 - $1,223
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The Rivet
2050 Market StReno, NV 89502
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$850
Total Monthly Price10 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
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$850
Total Monthly Price
$850
400 University Ter, Unit B1
400 University TerReno, NV 89503
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$874 - $1,048
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCarriage Stone Senior Apartments
695 S Center StReno, NV 89501
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$880 - $1,380
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$770 - $1,270
Required Monthly Fees
$110
Total Monthly Price
$880 - $1,380
Truckee River Terrace
501 W 1st StReno, NV 89503
760 Moran St
RenoNV89502
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$999 - $1,399
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now1800 On Purdue
1800 Purdue DrReno, NV 89502
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$1,000 - $1,400
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowRiver Arms Apartments
1255 Jones StReno, NV 89503
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$1,020 - $1,680
Plus Fees
Studio to 1 Bedroom Apartments Available NowReno Regency
590 Lake At 6th StReno, NV 89501
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.
1495 Wright St
RenoNV89509
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$1,065 - $1,753
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowParcOne60
160 Sinclair StReno, NV 89501
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$1,075 - $1,975
Plus Fees
Studio to 2 Bedroom Apartments Available Aug 31Riverside Park Apartments
14 Park StReno, NV 89502
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$1,099 - $1,560
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Onyx at 695
695 W 3rd StReno, NV 89503
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$1,100 - $1,300
Plus Fees
Studio to 1 Bedroom Apartments Contact Us For AvailabilityGibson Apartments
441 W 2nd StReno, NV 89503
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$1,125 - $1,250
Plus Fees
Studio to 1 Bedroom Apartments Available NowMountain View Apartments
1450 Mill StReno, NV 89502
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$1,183 - $1,415
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1 to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,183 - $1,415
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Sage by Vintage
500 Stoker AveReno, NV 89503
614 Moran St
RenoNV89502
331 Broadway Blvd
RenoNV89502
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$1,243 - $1,533
Plus Fees
Studio to 1 Bedroom Apartments Available NowVintage at Washington Station
265 Washington StReno, NV 89503
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.
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$1,245 - $1,345
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now217 E Taylor St
217 E Taylor StReno, NV 89502
520 Locust St
RenoNV89502
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$1,250 - $1,450
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1 to 2 Bedroom Apartments Available NowStardust Apartments
1301 Stardust StReno, NV 89503
229 Claremont St
RenoNV89502
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$1,295 - $1,725
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 31Total Monthly Price
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$1,295 - $1,725
Total Monthly Price
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Kirman Garden
444 Kirman AveReno, NV 89502
361 Gould St
RenoNV89502
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$1,310 - $1,614
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,310 - $1,614
Total Monthly Price
$1,310 - $1,614
Nevada Hills Apartments
1050 Nevada StReno, NV 89503
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$1,350 - $1,700
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowHarvard Apartments
1001 Harvard WayReno, NV 89502
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$1,365 - $1,700
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,365 - $1,700
Total Monthly Price
$1,365 - $1,700
Regina Marie Apartments
1143 Jones StReno, NV 89503
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$1,395 - $1,650
Plus Fees
1 Bedroom Apartments Available Now320 Grand Canyon
320 Grand Canyon BlvdReno, NV 89502
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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$1,400 - $1,650
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Contact Us For AvailabilityMoran Apartments
725-745 Moran StReno, NV 89502
100 N Arlington Ave
RenoNV89501
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1 to 2 Bedroom Apartments
Trembling Leaves Apartments
115 Booth StReno, NV 89509
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Studio to 1 Bedroom Apartments
Sarrazin Arms Apartments
541 W 3rd StReno, NV 89503
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Studio to 2 Bedroom Apartments
The Plaza at 4th Street Apartments
450 N Wells AveReno, NV 89512
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Studio to 2 Bedroom Apartments
Manzanita Inn Apartments
925 N Virginia StReno, NV 89503
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Studio to 1 Bedroom Apartments
Chism Street Apartments
130 Chism StReno, NV 89503
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Studio to 1 Bedroom Apartments
1247 W 1st St
1247 W 1st StReno, NV 89503
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1 to 2 Bedroom Apartments
Vintage at Citi Vista 55+ Apartments
650 Record StReno, NV 89512
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Studio to 2 Bedroom Apartments
Locust Apartments
1700 Locust StReno, NV 89502
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.
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1 Bedroom Apartments
Locust Street Apartments
1015 Locust StReno, NV 89502
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Studio Apartments
The Point Midtown
1901 S Virginia StReno, NV 89502
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1 to 2 Bedroom Apartments
Park View Villas
1800 Idlewild DrReno, NV 89509
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Studio to 1 Bedroom Apartments
Stone Creek Apartments
1250 W 2nd StReno, NV 89503
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Studio Apartments
Park Willow Apartments
160 S Park StReno, NV 89502
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1 Bedroom Apartments
1680 Mill Street
1680 Mill StReno, NV 89502
1037 N Sierra St
RenoNV89503
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Studio Apartments
Habitat Flats
72 High StReno, NV 89502
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Studio to 3 Bedroom Apartments
Whitewater Park Apartments
100 Ralston StReno, NV 89503
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Studio Apartments
Renova Flats
525 W 4th StReno, NV 89503
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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Downtown Reno, Reno, NV Local Guide
How much does it cost to rent an apartment in Downtown Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Reno Studio Apartments | $1,588 | $740 | $3,780 |
| Downtown Reno 1 Bedroom Apartments | $1,906 | $850 | $5,836 |
| Downtown Reno 2 Bedroom Apartments | $2,493 | $966 | $7,986 |
| Downtown Reno 3 Bedroom Apartments | $1,975 | $836 | $3,775 |
| Downtown Reno 4 Bedroom Apartments | $3,144 | $756 | $7,921 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Downtown Reno Neighborhood of Reno, NV.
See all Apartments in RenoExplore Reno
Downtown Reno, Reno, NV Local Guide
- Nearby Reno neighborhoods
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Cheapest Available Downtown Reno Apartments for Rent
The cheapest available apartment rental in the Downtown Reno area of Reno, NV is a Studio unit found at Colony Studios & Apartments priced from $740. The Rivet has the second lowest priced unit, which is a Studio apartment currently listed from $823. Here are the most affordable Downtown Reno apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Rivet | Studio Small | Studio,1BA | $823 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $1,000 |
| Reno Regency | Studio | Studio,1BA | $1,020 |
| ParcOne60 | 0BD, 1BTH | Studio,1BA | $1,065 |
| The Onyx at 695 | 0BD, 1BTH A23 | Studio,1BA | $1,099 |
| Mountain View Apartments | Furnished Studio | Studio,1BA | $1,125 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1,175 |
| Vintage at Washington Station | 1 Bedroom | 1BR,1BA | $1,243 |
| 217 E Taylor St | 1 Bed/1Ba | 1BR,1BA | $1,245 |
Best Value Apartments for Rent in Downtown Reno, NV
As of July 26, 2026 the best value apartment in the Downtown Reno area is the $1.58 price per square foot 2x1 Model at Harvard Apartments in the in the North Valleys neighborhood starting from $1,550. The second greatest value Downtown Reno apartment is the Deluxe Loft Units Model at The Deluxe Apartments starting at $1,965 with a $2.18 price per square foot in the North Valleys neighborhood. Here is today’s list of the best values for Downtown Reno apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harvard Apartments | 2x1 | 2BR,1BA | $1.58 |
| The Deluxe Apartments | Deluxe Loft Units | Studio ,1BA | $2.18 |
| The Park at Idlewild | 2 Bed 1 Bath | 2BR,1BA | $2.01 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.85 |
| Canyon Flats | B2 | 2BR,2BA | $1.16 |
| The Print Shop Lofts | 0BR/1.0BA | Studio ,1BA | $1.88 |
| Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.82 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1.69 |
| Stardust Apartments | 1/1 West | 1BR,1BA | $2.08 |
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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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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Best Local Schools in Downtown Reno, Reno, NV
Mount Rose Elementary School
Washoe County School District
Public School - Grades K-8 (420)
8 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Reno. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Reno Apartments
What is a cheap apartment in Downtown Reno?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Reno is under $1,245.
What is the price of a cheap apartment in Downtown Reno?
The cheapest apartment in Downtown Reno is River Arms Apartments which is listed at $1,175, while the average apartment in Downtown Reno costs $2,605.
What types of apartments are the cheapest in Downtown 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 25 regular apartments in Downtown Reno that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.