
Cheap Homes for Rent in Downtown Reno Neighborhood of Reno, NV from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Reno area of Reno.


821 Spokane St

755 Moran St

470 Capitol Hill Ave

457 Stewart St

1436 E 9th St

370 La Rue Ave
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.

614 Kuenzli St

660 Kirman Ave

660 Kirman Ave

255 N Sierra St

1329 Locust St

40 Caliente St

40 Caliente St
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.
Downtown Reno, Reno, NV Local Guide

How much does it cost to rent a home in Downtown Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Reno 2 Bedroom Homes for Rent | $1,893 | $995 | $4,900 |
| Downtown Reno 3 Bedroom Homes for Rent | $2,439 | $2,000 | $3,050 |
| Downtown Reno 4 Bedroom Homes for Rent | $3,488 | $2,398 | $4,850 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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
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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 $790. 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 | $790 |
| 1247 W 1st St | 0 Beds, 1 Baths | Studio,1BA | $795 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| JONES 1140 | 0BR/1.0BA | Studio,1BA | $850 |
Best Value Apartments for Rent in Downtown Reno, NV
As of December 10, 2025 the best value apartment in the Downtown Reno area is the $1.31 price per square foot 2x2 Model at Idlewild in the in the North Valleys neighborhood starting from $1,245. The second greatest value Downtown Reno apartment is the Deluxe Loft Units Model at DeLuxe Apartments starting at $1,725 with a $1.92 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. |
|---|---|---|---|
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| DeLuxe Apartments | Deluxe Loft Units | Studio ,1BA | $1.92 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.85 |
| Canyon Flats | B1 | 2BR,2BA | $1.28 |
| Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.78 |
| Carriage Stone Senior Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.23 |
| Riverside Park Apartments | One Bedroom | 1BR,1BA | $2.07 |
| Stardust Apartments | 1/1 West | 1BR,1BA | $2.08 |
| JONES 1140 | 0BR/1.0BA | Studio ,1BA | $1.70 |
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 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 #18
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
Frequently Asked Questions about Downtown Reno
What type of rentals are currently available in Downtown Reno?
There are currently 518 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $525 to $3,326. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $800 to $4,900.
What is the current price range for Rental Homes in Downtown Reno?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Reno ranges from $800 to $4,900 with an average monthly rent of $2,143.
How much are larger Three and Four Bedroom Rentals in Downtown Reno?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Reno range from $1,630 to $2,137, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,050. Four Bedroom Single-Family rentals are also available starting from $2,398 and Four Bedroom Apartments start at $2,600.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.