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$740 - $1,144
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Studio Apartments Available NowTotal Monthly Price
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$740 - $1,144
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$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 (96 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reno area of Reno.
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$770 - $1,270
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$770 - $1,270
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$770 - $1,270
Truckee River Terrace
501 W 1st StReno, NV 89503
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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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$799 - $1,261
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityVintage at Citi Vista 55+ Apartments
650 Record StReno, NV 89512
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$823 - $1,041
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Studio Apartments Available NowTotal Monthly Price
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$813 - $1,031
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The Rivet
2050 Market StReno, NV 89502
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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
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
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.
565 Roberts St
RenoNV89502
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$1,049 - $1,560
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Studio to 1 Bedroom Apartments Available Apr 29Total Monthly Price
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$1,049 - $1,560
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The Onyx at 695
695 W 3rd StReno, NV 89503
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$1,075 - $1,975
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Studio to 2 Bedroom Apartments Contact Us For AvailabilityRiverside Park Apartments
14 Park StReno, NV 89502
460 Wilson Ave
RenoNV89502
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$1,100
Total Monthly Price6 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,100
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$1,100
840 N Sierra St
840 N Sierra StReno, NV 89503
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$1,100 - $1,300
Plus Fees
Studio to 1 Bedroom Apartments Available NowGibson Apartments
441 W 2nd StReno, NV 89503
1060 Wilson Ave
RenoNV89502
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$1,115 - $1,285
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Studio to 1 Bedroom Apartments Available NowParcOne60
160 Sinclair StReno, NV 89501
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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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$1,149 - $1,675
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,149 - $1,675
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$1,149 - $1,675
Regina Marie Apartments
1143 Jones 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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$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
219 E 7th St
RenoNV89501
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$1,243
Plus Fees
Studio to 1 Bedroom Apartments Available NowVintage at Washington Station
265 Washington StReno, NV 89503
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$1,250 - $1,450
Plus Fees
1 to 2 Bedroom Apartments Available NowStardust Apartments
1301 Stardust StReno, NV 89503
1574 W 7th St
RenoNV89503
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$1,264 - $1,664
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,264 - $1,664
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$1,264 - $1,664
Nevada Hills Apartments
1050 Nevada StReno, NV 89503
913 Willow St
RenoNV89502
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$1,378 - $2,139
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,178 - $1,939
Required Monthly Fees
$200
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$1,378 - $2,139
LOFT 205 Apartments
205 S Sierra StReno, NV 89501
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$1,395 - $1,725
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,395 - $1,725
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Kirman Garden
444 Kirman AveReno, NV 89502
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$1,395 - $1,650
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1 Bedroom Apartments Available Now320 Grand Canyon
320 Grand Canyon BlvdReno, NV 89502
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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$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
750 Plumas St
RenoNV89509
849 Roberts St, Unit 855, Unit 855
849 Roberts St
RenoNV89502
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$1,406 - $1,492
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Studio Apartments Available NowTotal Monthly Price
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$1,406 - $1,492
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$1,406 - $1,492
Siegel Suites Nevadan
133 N Virginia StReno, NV 89501
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$1,500 - $1,900
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $1,850
Required Monthly Fees
$50
Total Monthly Price
$1,500 - $1,900
Printshop Lofts - Luxury Artist Lofts in Reno’s Brewery District
420 Valley RdReno, NV 89512
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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
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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Studio to 1 Bedroom Apartments
1247 W 1st St
1247 W 1st StReno, NV 89503
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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 Apartments
Park Willow Apartments
160 S Park StReno, NV 89502
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Studio to 1 Bedroom Apartments
Stone Creek Apartments
1250 W 2nd StReno, NV 89503
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1 Bedroom Apartments
1680 Mill Street
1680 Mill StReno, NV 89502
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Studio Apartments
Habitat Flats
72 High StReno, NV 89502
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Studio to 1 Bedroom Apartments
JONES 1140
1140 Jones StReno, NV 89503
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Studio to 3 Bedroom Apartments
Whitewater Park Apartments
100 Ralston StReno, NV 89503
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.
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 | $1,283 | $770 | $1,917 |
| Downtown Reno 1 Bedroom Apartments | $1,667 | $799 | $4,451 |
| Downtown Reno 2 Bedroom Apartments | $2,337 | $956 | $5,972 |
| Downtown Reno 3 Bedroom Apartments | $1,366 | $836 | $2,650 |
| Downtown Reno 4 Bedroom Apartments | $756 | $756 | $756 |
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 96 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. Sarrazin Arms Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. 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 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| The Rivet | Studio Large | Studio,1BA | $924 |
| Park Willow Apartments | Unit 210 | Studio,1BA | $957 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $990 |
| JONES 1140 | 1BR/1.0BA | 1BR,1BA | $1,015 |
| Reno Regency | Studio | Studio,1BA | $1,020 |
| Whitewater Park Apartments | A1 - Whitewater Park | Studio,1BA | $1,028 |
| Gibson Apartments | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Downtown Reno, NV
As of April 26, 2026 the best value apartment in the Downtown Reno area is the $2.10 price per square foot 3 Bed 2 Bath Renovated Model at The Park at Idlewild in the in the North Valleys neighborhood starting from $2,109. The second greatest value Downtown Reno apartment is the 2x2 Model at Idlewild starting at $1,245 with a $1.31 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. |
|---|---|---|---|
| The Park at Idlewild | 3 Bed 2 Bath Renovated | 3BR,2BA | $2.10 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| Regina Marie Apartments | 2 Bedrooms / 1 Bathroom | 2BR,1BA | $1.64 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.62 |
| River Arms Apartments | Two Bedroom | 2BR,1BA | $1.75 |
| Canyon Flats | B1 | 2BR,2BA | $1.27 |
| JONES 1140 | 1BR/1.0BA | 1BR,1BA | $1.42 |
| Park Willow Apartments | Unit 210 | Studio ,1BA | $1.47 |
| Stardust Apartments | 1/1 West | 1BR,1BA | $2.08 |
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.
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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 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.
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Best Local Schools in Downtown Reno, Reno, NV
Mount Rose Elementary School
Washoe County School District
Public School - Grades PK-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 $1,100.
What is the price of a cheap apartment in Downtown Reno?
The cheapest apartment in Downtown Reno is JONES 1140 which is listed at $1,015, while the average apartment in Downtown Reno costs $2,453.
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 18 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.