
Cheap Homes for Rent in Downtown Reno Neighborhood of Reno, NV from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Reno area of Reno.


474 Sunshine Ln

1350 Haskell St

1658 Idlewild Dr
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.

722 E 7th St

1027 W 2nd St

755 La Rue Ave

280 Island Ave

619 Elko Ave

450 N Arlington Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $2,127 | $1,500 | $3,900 |
Downtown Reno 3 Bedroom Homes for Rent | $2,162 | $2,000 | $2,325 |
Downtown Reno 4 Bedroom Homes for Rent | $2,950 | $2,900 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Sarrazin Arms Apartments priced from $525. 400UT has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Downtown Reno apartments for rent in Reno, NV:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sarrazin Arms Apartments | 1x1 | 1BR,1BA | $525 |
400UT | 1BR/1.0BA | 1BR,1BA | $695 |
Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $699 |
Best Value Apartments for Rent in Downtown Reno, NV
As of June 03, 2025 the best value apartment in the Downtown Reno area is the $1.79 price per square foot Two Bedroom TH Model at Riverside Park Apartments in the in the North Valleys neighborhood starting from $1,825. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Riverside Park Apartments | Two Bedroom TH | 2BR,2BA | $1.79 |
Idlewild | 2x2 | 2BR,2BA | $1.31 |
762 Edelweiss St, Unit 762 Edelweiss | 762 Edelweiss St | 2BR,1BA | $2.00 |
1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
Royal Oak Apartments | 2 bedroom | 2BR,1BA | $2.01 |
Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.63 |
Moran Apartments | Moran | 2BR,1BA | $1.95 |
Kirman Garden | 1 Bdr 1 Bath | 1BR,1BA | $1.99 |
Nevada Hills Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.00 |
JONES 1140 | 0BR/1.0BA | Studio ,1BA | $1.70 |
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.
Frequently Asked Questions about Downtown Reno
What type of rentals are currently available in Downtown Reno?
There are currently 521 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $525 to $3,155. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $1,045 to $3,900.
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 $1,045 to $3,900 with an average monthly rent of $1,952.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.