466 Capitol Hill Ave
RenoNV89502
Cheap Homes for Rent in the Downtown Reno Neighborhood of Reno, NV from $975 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Reno area of Reno.
821 Spokane St
RenoNV89512
722 E 7th St
RenoNV89512
520 Locust St
RenoNV89502
229 Claremont St
RenoNV89502
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1436 E 9th St
RenoNV89512
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$1,350
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1 Bedroom Apartments Available NowTotal Monthly Price
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$1,350
Total Monthly Price
$1,350
1025 Oak St, Unit 7
1025 Oak StReno, NV 89503
700 E Taylor St, Unit B
700 E Taylor St
RenoNV89502
700 E Taylor St
RenoNV89502
1131 Hunter Lake Dr
RenoNV89509
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
1025 Oak St, Unit #7
1025 Oak St
RenoNV89503
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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 | $1,983 | $1,259 | $2,525 |
| Downtown Reno 3 Bedroom Homes for Rent | $2,752 | $1,765 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| 929 Willow St. Reno NV 89502 | 1BR/1.0BA | 1BR,1BA | $950 |
| KE135-True Blue Properties LLC | 2BR/1.0BA | 2BR,1BA | $950 |
| Park Willow Apartments | Unit 211 | Studio,1BA | $993 |
Best Value Apartments for Rent in Downtown Reno, NV
As of August 24, 2026 the best value apartment in the Downtown Reno area is the $1.92 price per square foot Two Bedroom TH Model at Riverside Park Apartments in the in the North Valleys neighborhood starting from $1,963. 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. |
|---|---|---|---|
| Riverside Park Apartments | Two Bedroom TH | 2BR,2BA | $1.92 |
| Harvard Apartments | 2x1 | 2BR,1BA | $1.58 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| Canyon Flats | B1 | 2BR,2BA | $1.29 |
| Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.82 |
| KE135-True Blue Properties LLC | 2BR/1.0BA | 2BR,1BA | $1.30 |
| SPOKANE 642 | 1BR/1.0BA | 1BR,1BA | $1.54 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1.69 |
| Park Willow Apartments | Unit 211 | Studio ,1BA | $1.54 |
| 245 W Taylor Street | 1BR/1.0BA | 1BR,1BA | $1.88 |
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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Best Local Schools in Downtown Reno, Reno, NV
Mount Rose Elementary School
Washoe County School District
Public School - Grades K-8 (420)
8 out of 10
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 525 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $740 to $8,142. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $975 to $5,000.
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 $975 to $5,000 with an average monthly rent of $1,984.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.