Cheap Apartments for Rent in the Downtown Reno Neighborhood of Reno, NV from $400 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Reno area of Reno.

property at 921 Willow St

921 Willow St

RenoNV89502
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The Rivet
$928 - $1,146
Total Monthly Price

Total Monthly Price

Base Rent
$813 - $1,031
Required Monthly Fees
$115

Total Monthly Price
$928 - $1,146
Studio Apartments Available Now

The Rivet

2050 Market StReno, NV 89502
Furnished
  • Verified
  • Utilities Included
  • Matterport 3D Tour

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1247 W 1st St
1 Bedroom Apartments

1247 W 1st St

1247 W 1st StReno, NV 89503
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JONES 1140
Studio to 1 Bedroom Apartments

JONES 1140

1140 Jones StReno, NV 89503
  • Utilities Included
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Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
  • Utilities Included
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Park View Villas
1 to 2 Bedroom Apartments

Park View Villas

1800 Idlewild DrReno, NV 89509
  • Utilities Included
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Habitat Flats
Studio Apartments

Habitat Flats

72 High StReno, NV 89502

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Midtown Manor
Studio to 2 Bedroom Apartments

Midtown Manor

645 S Virginia StReno, NV 89501
  • Utilities Included
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Renova Flats
Studio Apartments

Renova Flats

525 W 4th StReno, NV 89503
  • Utilities Included
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LOCUST CANYON APARTMENTS
Studio to 1 Bedroom Apartments

LOCUST CANYON APARTMENTS

475 Grand Canyon BlvdReno, NV 89502
  • Utilities Included
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300 Holcomb
Studio to 1 Bedroom Apartments

300 Holcomb

300 Holcomb AveReno, NV 89502
  • Utilities Included

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Downtown Reno, Reno, NV Local Guide

Cheapest Available Downtown Reno Apartments for Rent

 

The cheapest available apartment rental in the Downtown Reno area of Reno, NV is a 1 Bed unit found at Carriage Stone Senior Apartments priced from $525. Colony Studios & Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $714. Here are the most affordable Downtown Reno apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Carriage Stone Senior Apartments1 Bed, 1 bath1BR,1BA$525
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$714
JONES 11400BR/1.0BAStudio,1BA$800
Sarrazin Arms Apartments0x1Studio,1BA$850
The RivetStudio SmallStudio,1BA$928
The Onyx at 695Studio AStudio,1BA$995
Whitewater Park ApartmentsA1 - Whitewater ParkStudio,1BA$1,028
Gibson ApartmentsStudioStudio,1BA$1,100
ParcOne60StudioStudio,1BA$1,115
Mountain View ApartmentsFurnished StudioStudio,1BA$1,125

Best Value Apartments for Rent in Downtown Reno, NV

As of October 27, 2025 the best value apartment in the Downtown Reno area is the $2.18 price per square foot Deluxe Loft Units Model at DeLuxe Apartments in the in the North Valleys neighborhood starting from $1,965. The second greatest value Downtown Reno apartment is the 2 bedroom 1 bath Model at 1800 On Purdue starting at $1,399 with a $1.65 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 ListingModel NameBed/BathPrice Per Sq.Ft.
DeLuxe ApartmentsDeluxe Loft UnitsStudio ,1BA$2.18
1800 On Purdue2 bedroom 1 bath2BR,1BA$1.65
Sierra Townhomes2 bedroom 1 bath townhome2BR,1BA$1.80
Moran ApartmentsMoran2BR,1BA$2.11
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23
The Park at Idlewild1 Bed 1 Bath Renovated1BR,1BA$2.29
Nevada Hills Apartments1 Bed, 1 bath1BR,1BA$2.01
Stardust Apartments1/1 West1BR,1BA$2.08
JONES 11400BR/1.0BAStudio ,1BA$1.60
400UT1BR/1.0BA1BR,1BA$1.45

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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Pet Friendly Lifestyle
Downtown Reno, Reno, NV

Ranked #14

Among cities in Nevada for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,125.

What is the price of a cheap apartment in Downtown Reno?

The cheapest apartment in Downtown Reno is Carriage Stone Senior Apartments which is listed at $525, while the average apartment in Downtown Reno costs $2,600.

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 16 regular apartments in Downtown 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 Downtown Reno?

Cheap apartments in Downtown Reno have an average cost of $191 which is $2,409 cheaper than the average rent for all rentals in Downtown Reno.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.