Cheap Homes for Rent in Reno, NV from $700 (41 Rentals)

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

property at 1945 Wedekind Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1945 Wedekind Rd

RenoNV89512
property at 496 Highland Ave

$975

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Now

496 Highland Ave

RenoNV89512
property at 544 Roberts St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

Studio, 1 Bath Home for Rent

Available Now

544 Roberts St

RenoNV89502
property at 1037 N Sierra St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Home for Rent

Available Now

1037 N Sierra St

RenoNV89503
property at 2966 Salem Pl

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Home for Rent

Available Now

2966 Salem Pl

RenoNV89509
property at 2450 Lymbery St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

Studio, 1 Bath Home for Rent

Available Now

2450 Lymbery St

RenoNV89509
property at 538 1/2 6th St

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

538 1/2 6th Street Unit

538 1/2 6th St
SparksNV89431

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.

property at 3920 Clear Acre Ln

$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

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 1010 10th St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1010 10th St

SparksNV89431
property at 850 G St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 31

850 G St

SparksNV89431
property at 850 G 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

850 G St

SparksNV89431
property at 3388 Smith Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3388 Smith Dr

RenoNV89509
property at 1131 Hunter Lake Dr

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

Studio, 1 Bath Condo for Rent

Available Now

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.

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 Aug 7

700 E Taylor St

RenoNV89502
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 1436 E 9th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1436 E 9th St

RenoNV89512
property at 3929 Clear Acre Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Aug 31

property at 3910 Clear Acre Ln

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Condo for Rent

Available Now

property at 1987 Plumas St

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1987 Plumas St

RenoNV89509
property at 450 N Arlington Ave

$1,495 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom Rentals

Available Now

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 3855 E Leonesio Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

property at 695 Denslowe Dr

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

695 Denslowe Dr, Unit B

695 Denslowe Dr
RenoNV89512
property at 2169 Kietzke Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Aug 28

2169 Kietzke Ln

RenoNV89502
property at 1132 Parkview Street

$1,500

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

property at 1743 C St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

1743 C St

SparksNV89431
property at 2375 Tripp Dr

$1,503

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Required Monthly Fees
$108

Total Monthly Price
$1,503

2 Bedroom, 2 Bath Home for Rent

Available Now

2375 Tripp Dr

RenoNV89512
property at 2375 Tripp Dr

$1,503

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Required Monthly Fees
$108

Total Monthly Price
$1,503

2 Bedroom, 2 Bath Home for Rent

Available Now

2375 Tripp Dr

RenoNV89512
property at 1217 W 2nd St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

1217 W 2nd St

RenoNV89503

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 359 W 11th St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Now

359 W 11th St

RenoNV89503
property at 6850 Sharlands Ave.

$1,575 - $1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

1 To 2 Bedroom Rentals

Available Now

property at 4513 Reggie Rd

$1,595

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Condo for Rent

Available Sep 10

4513 Reggie Rd, Unit 4513

4513 Reggie Rd
RenoNV89502
property at 343 Stewart St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Aug 4

343 Stewart St

RenoNV89502
property at 602 Pine Meadows Dr

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Now

602 Pine Meadows Dr

SparksNV89431
property at 1050 I St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1050 I St

SparksNV89431
property at 2904 Tierra Verde W

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

property at 1565 G St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

1565 G St

SparksNV89431

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 3167 Cashill Blvd

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

property at 957 Tyler Way

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Townhome for Rent

Available Now

957 Tyler Way

SparksNV89431

Reno, NV Local Guide

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 07/30/2026

Current apartment rentals in the Reno, NV area range in price from $599 to $19,086 with an overall median price of $4,099. The three Reno neighborhoods with the lowest median rent pricing are Dandini Regional Center at $614, Hillcrest East at $614, and Mountain View Estates at $614. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dandini Regional Center$1,728$61496
Hillcrest East$1,732$61473
Mountain View Estates$1,834$61436
Outer University$1,850$614245
Convention Center$1,895$98917
Reno Tahoe Intl Airport$1,895$98917
Sierra Meadows$1,927$59971
North Valleys$2,024$614362
Outer North Valleys$2,024$614362
Rancharrah$2,272$59942

Cheapest Available Reno Apartments for Rent

 

The cheapest available apartment rental in Reno, NV is a 1 Bed unit found at Park On Virginia in the Ward 3 neighborhood priced from $599. Colony Studios & Apartments in the North Valleys neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Reno apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park On Virginia1 Bed 1 Bath1BR,1BA$599
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
Altitude by Vintage1x11BR,1BA$740
The Villager Studio ApartmentsStudioStudio,1BA$765
Sarrazin Arms Apartments0x1Studio,1BA$850
Cottages at GlendaStudio, 1 bathStudio,1BA$900
The RivetStudio SmallStudio,1BA$907
Grace Senior Apartments | Affordable Senior Apartments1 Bedroom1BR,1BA$928
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$939
2075 Patton Dr1 Beds, 1 Baths1BR,1BA$1,000

Best Value Apartments for Rent in Reno, NV

As of July 30, 2026 the best value apartment in the Reno area is the $1.56 price per square foot Tahoe Model at Meadows II Apartment Homes in the in the Ward 2 neighborhood starting from $1,810. The second greatest value Reno apartment is the C1 Alt Model at Springview by Vintage starting at $1,457 with a $1.27 price per square foot in the Northeast Reno neighborhood. Here is today’s list of the best values for Reno apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadows II Apartment HomesTahoe2BR,2BA$1.56
Springview by VintageC1 Alt3BR,2BA$1.27
Whittell Pointe I and II2 Bed 2 Bath2BR,2BA$1.49
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$1.50
Park On Virginia2 Bed 2 Bath2BR,2BA$1.53
Copper MesaTwo Bedroom, Two Bathroom2BR,2BA$1.57
Canyon FlatsB22BR,2BA$1.16
Big Horn ApartmentsUnit 12031BR,1BA$1.56
Grace Senior Apartments | Affordable Senior Apartments1 Bedroom1BR,1BA$1.50

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Reno, NV Rentals by Map

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Reno, NV Area Reviews

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Jennifer4+ years in Reno

July 17, 2025

Rent far exceeds income here. Most rentals want monthly income to be 3x the monthly rent. Which makes finding an affordable place seem impossible. So good luck!

Frequently Asked Questions about Reno

What type of rentals are currently available in Reno?

There are currently 1052 Apartments for Rent in Reno, NV with pricing that ranges from $599 to $19,086. There are also 275 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reno ranging from $700 to $10,192.

What is the current price range for Rental Homes in Reno?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Reno ranges from $700 to $10,192 with an average monthly rent of $2,959.

How much are larger Three and Four Bedroom Rentals in Reno?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Reno range from $649 to $9,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,766 to $6,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $665.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.