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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 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Reno area of Reno.
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$770 - $1,240
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$770 - $1,240
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$770 - $1,240
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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$823 - $1,382
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Studio Apartments Available NowTotal Monthly Price
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$813 - $1,372
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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
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$985 - $1,314
Plus Fees
Studio to 1 Bedroom Apartments Available NowVintage at Washington Station
265 Washington 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
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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$1,045 - $1,245
Plus Fees
Studio to 1 Bedroom Apartments Available NowParcOne60
160 Sinclair StReno, NV 89501
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$1,049 - $1,560
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Studio to 1 Bedroom Apartments Available Jun 27Total 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 Available Jul 18Riverside Park Apartments
14 Park StReno, NV 89502
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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
625 Eureka Ave
RenoNV89512
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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
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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
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$1,250 - $1,450
Plus Fees
1 to 2 Bedroom Apartments Available NowStardust Apartments
1301 Stardust StReno, NV 89503
520 Locust St
RenoNV89502
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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$1,264 - $1,664
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal 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
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$1,295 - $1,725
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,295 - $1,725
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Kirman Garden
444 Kirman AveReno, NV 89502
280 Island Ave
RenoNV89501
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$1,340 - $1,675
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,340 - $1,675
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$1,340 - $1,675
Regina Marie Apartments
1143 Jones StReno, NV 89503
331 Broadway Blvd
RenoNV89502
344 Thoma St
RenoNV89502
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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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$1,395 - $1,650
Plus Fees
1 Bedroom Apartments Available Now320 Grand Canyon
320 Grand Canyon BlvdReno, NV 89502
1494 Lewis St
RenoNV89502
319 Maine St
RenoNV89502
Cash 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.
100 N Arlington Ave
RenoNV89501
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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
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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
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 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
445 Roberts St
RenoNV89502
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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 3 Bedroom Apartments
Whitewater Park Apartments
100 Ralston StReno, NV 89503
662 Eureka Ave
RenoNV89512
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.
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 | $1,300 | $770 | $1,995 |
| Downtown Reno 1 Bedroom Apartments | $1,712 | $825 | $2,700 |
| Downtown Reno 2 Bedroom Apartments | $2,334 | $966 | $3,241 |
| Downtown Reno 3 Bedroom Apartments | $2,010 | $836 | $3,775 |
| 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 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 |
| Locust Apartments | 0 Beds, 1 Baths | Studio,1BA | $850 |
| Park Willow Apartments | Unit 207 | Studio,1BA | $968 |
| Vintage at Washington Station | 1 Bedroom | 1BR,1BA | $985 |
| Truckee River Terrace | Truckee A2 | Studio,1BA | $1,010 |
| Reno Regency | Studio | Studio,1BA | $1,020 |
| ParcOne60 | Studio | Studio,1BA | $1,045 |
| Mountain View Apartments | Furnished Studio | Studio,1BA | $1,125 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Downtown Reno, NV
As of June 23, 2026 the best value apartment in the Downtown Reno area is the $0.56 price per square foot D1 Model at Canyon Flats in the in the North Valleys neighborhood starting from $756. The second greatest value Downtown Reno apartment is the 2x1 Model at Harvard Apartments starting at $1,550 with a $1.58 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. |
|---|---|---|---|
| Canyon Flats | D1 | 4BR,4BA | $0.56 |
| Harvard Apartments | 2x1 | 2BR,1BA | $1.58 |
| 239-247 Cheney St | 2 Beds, 2 Baths | 2BR,2BA | $1.73 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.85 |
| River Arms Apartments | Two Bedroom | 2BR,1BA | $1.75 |
| Park Willow Apartments | Unit 207 | Studio ,1BA | $1.49 |
| Stardust Apartments | 1/1 West | 1BR,1BA | $2.08 |
| Vintage at Washington Station | 1 Bedroom | 1BR,1BA | $1.93 |
| Locust Apartments | 0 Beds, 1 Baths | Studio ,1BA | $2.00 |
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 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 $1,175.
What is the price of a cheap apartment in Downtown Reno?
The cheapest apartment in Downtown Reno is Vintage at Washington Station which is listed at $985, 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 7 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
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.
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.
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.