Cheap Homes for Rent in Downtown Reno Neighborhood of Reno, NV from $900 (11 Rentals)

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

property at 724 W 6th St

$974

Total Monthly Price

Total Monthly Price

Base Rent
$974

Total Monthly Price
$974

1 Bedroom, 1 Bath Condo for Rent

Available Jul 10

724 W 6th St

RenoNV89503
property at 720 E 7th St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Jul 21

720 E 7th St

RenoNV89512
property at 722 E 7th St

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Aug 21

722 E 7th St

RenoNV89512
property at 1512 Locust St

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

1512 Locust St

RenoNV89502

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.

property at 700 E Taylor St

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

700 E Taylor St, Unit B

700 E Taylor St
RenoNV89502
property at 700 E Taylor St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 14

700 E Taylor St

RenoNV89502
property at 1131 Hunter Lake Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Condo for Rent

Available Now

property at 849 Roberts St

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Townhome for Rent

Available Now

849 Roberts St, Unit 879

849 Roberts 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.

property at 80 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 Now

80 Arden Cir

RenoNV89503

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 $725. The Rivet has the second lowest priced unit, which is a Studio apartment currently listed from $840. 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$725
The RivetStudio SmallStudio,1BA$840
Locust Apartments0 Beds, 1 BathsStudio,1BA$850
Vintage at Washington Station1 Bedroom1BR,1BA$985
Truckee River TerraceTruckee A1Studio,1BA$1,000

Best Value Apartments for Rent in Downtown Reno, NV

As of July 08, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canyon FlatsD14BR,4BA$0.56
Harvard Apartments2x12BR,1BA$1.58
239-247 Cheney St2 Beds, 2 Baths2BR,2BA$1.73
1800 On Purdue2 bedroom 1 bath2BR,1BA$1.65
Sierra Townhomes2 bedroom 1 bath townhome2BR,1BA$1.85
River Arms ApartmentsTwo Bedroom2BR,1BA$1.75
Regina Marie Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.79
Stardust Apartments1/1 West1BR,1BA$2.08
Vintage at Washington Station1 Bedroom1BR,1BA$1.93
Locust Apartments0 Beds, 1 BathsStudio ,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.

Read Article
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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.

Read Article
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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.

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Frequently Asked Questions about Downtown Reno

What type of rentals are currently available in Downtown Reno?

There are currently 519 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $725 to $6,867. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $974 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 $974 to $4,500 with an average monthly rent of $2,042.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.