
Cheap Apartments for Rent in the Downtown Reno Neighborhood of Reno, NV from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reno area of Reno.


Total Monthly Price
Colony Studios & Apartments

The Point West University

921 Willow St

Total Monthly Price
The Rivet

The Onyx at 695

1800 On Purdue

Vintage at Citi Vista 55+ Apartments

Reno Regency
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River Arms Apartments

Gibson Apartments

Riverside Park Apartments
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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 | $1,309 | $749 | $1,868 |
| Downtown Reno 1 Bedroom Apartments | $1,662 | $525 | $3,024 |
| Downtown Reno 2 Bedroom Apartments | $2,290 | $879 | $4,883 |
| Downtown Reno 3 Bedroom Apartments | $2,163 | $1,630 | $2,750 |
| Downtown Reno 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Downtown Reno Neighborhood of Reno, NV.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Stone Senior Apartments | 1 Bed, 1 bath | 1BR,1BA | $525 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $714 |
| JONES 1140 | 0BR/1.0BA | Studio,1BA | $800 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| The Rivet | Studio Small | Studio,1BA | $928 |
| The Onyx at 695 | Studio A | Studio,1BA | $995 |
| Whitewater Park Apartments | A1 - Whitewater Park | Studio,1BA | $1,028 |
| Gibson Apartments | Studio | Studio,1BA | $1,100 |
| ParcOne60 | Studio | Studio,1BA | $1,115 |
| Mountain View Apartments | Furnished Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| DeLuxe Apartments | Deluxe Loft Units | Studio ,1BA | $2.18 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.80 |
| Moran Apartments | Moran | 2BR,1BA | $2.11 |
| Carriage Stone Senior Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.23 |
| The Park at Idlewild | 1 Bed 1 Bath Renovated | 1BR,1BA | $2.29 |
| Nevada Hills Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.01 |
| Stardust Apartments | 1/1 West | 1BR,1BA | $2.08 |
| JONES 1140 | 0BR/1.0BA | Studio ,1BA | $1.60 |
| 400UT | 1BR/1.0BA | 1BR,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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Pet Friendly LifestyleDowntown Reno, Reno, NV
Ranked #14
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Reno, Reno, NV
Mount Rose Elementary School
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 $1,125.
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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Everything is a negotiation in real estate!

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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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