Cheap Homes for Rent in Downtown Reno Neighborhood of Reno, NV from $600 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 130 Arletta St

$650

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

Studio, 1 Bath Home for Rent

Available Now

130 Arletta St

RenoNV89503
property at 54 S Wells Ave

$1,000

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Apr 10

54 S Wells Ave

RenoNV89502
property at 952 Haskell St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Condo for Rent

Available Now

952 Haskell St

RenoNV89509
property at 374 La Rue Ave

$1,210

Total Monthly Price

Total Monthly Price

Base Rent
$1,210

Total Monthly Price
$1,210

1 Bedroom, 1 Bath Condo for Rent

Available Now

374 La Rue Ave

RenoNV89509
property at 662 Eureka Ave

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 1 Bath Home for Rent

Available Now

662 Eureka Ave

RenoNV89512

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.

property at 545 Modoc St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

Studio, 1 Bath Home for Rent

Available Now

545 Modoc St

RenoNV89509
property at 360 Wilson Ave

$1,375

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Townhome for Rent

Available Now

360 Wilson Ave

RenoNV89502
property at 360 Wilson Ave

$1,375

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Home for Rent

Available Now

360 Wilson Ave

RenoNV89502
property at 90 Arden Cir

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Apr 13

90 Arden Cir

RenoNV89503
property at 524 Cheney St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

524 Cheney St

RenoNV89502
property at 134 Keystone Ave

$1,475

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1.5 Bath Home for Rent

Available Apr 13

134 Keystone Ave

RenoNV89503

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.

property at 1643 Lakeside Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Apr 14

1643 Lakeside Dr

RenoNV89509
property at 210 Cheney St

$1,495

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

210 Cheney St

RenoNV89502
property at 210 Cheney St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Townhome for Rent

Available Now

210 Cheney St

RenoNV89502
property at 1643 Lakeside Dr

$1,495

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

1643 Lakeside Dr

RenoNV89509
property at 100 Arden Cir

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

1 Bedroom, 1 Bath Home for Rent

Available Apr 17

100 Arden Cir

RenoNV89503

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.

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 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 ListingModel NameBed/BathPriced From
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
Sarrazin Arms Apartments0x1Studio,1BA$850
The RivetADA StudioStudio,1BA$886
Park Willow ApartmentsUnit 210Studio,1BA$957
ParcOne60StudioStudio,1BA$985

Best Value Apartments for Rent in Downtown Reno, NV

As of April 08, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Park at Idlewild3 Bed 2 Bath Renovated3BR,2BA$2.10
Idlewild2x22BR,2BA$1.31
Regina Marie Apartments2 Bedrooms / 1 Bathroom2BR,1BA$1.64
1800 On Purdue2 bedroom 1 bath2BR,1BA$1.65
Sierra Townhomes2 bedroom 1 bath townhome2BR,1BA$1.85
Canyon FlatsB12BR,2BA$1.27
River Arms ApartmentsOne Bedroom1BR,1BA$1.73
Park Willow ApartmentsUnit 210Studio ,1BA$1.47
Stardust Apartments1/1 West1BR,1BA$2.08
Nevada Hills Apartments1 Bed, 1 bath1BR,1BA$2.11

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.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Reno

What type of rentals are currently available in Downtown Reno?

There are currently 523 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $756 to $6,550. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $650 to $4,500.

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 $650 to $4,500 with an average monthly rent of $2,294.

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 $816 to $2,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,761 and Four Bedroom Apartments start at $756.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.