Cheap Homes for Rent in Reno, NV from $700 (37 Rentals)

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property at 200 Talus Way

200 Talus Way

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.

property at 4602 Neil Rd

4602 Neil Rd

RenoNV89502

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 3572 Neil Rd

3572 Neil Rd

RenoNV89502

Reno, NV Local Guide

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 05/30/2025

Current apartment rentals in the Reno, NV area range in price from $499 to $8,153 with an overall median price of $2,424. The three Reno neighborhoods with the lowest median rent pricing are Outer University at $499, Dandini Regional Center at $499, and Mountain View Estates at $499. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer University$1,730$499428
Dandini Regional Center$1,740$499240
Mountain View Estates$1,740$499206
West University$1,740$649272
Silverado Ranch Estates$1,800$61034
North Valleys$1,879$499668
Outer North Valleys$1,879$499668
Ward 3$2,010$699171
Reno Tahoe Intl Airport$2,025$813100
Sierra Meadows$2,025$699109

Cheapest Available Reno Apartments for Rent

 

The cheapest available apartment rental in Reno, NV is a 1 Bed unit found at Sarrazin Arms Apartments in the West University neighborhood priced from $525. ALTITUDE BY VINTAGE in the North Valleys neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $610. Here is today’s list of the most affordable Reno apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sarrazin Arms Apartments1x11BR,1BA$525
ALTITUDE BY VINTAGE2x12BR,1BA$610
SOUTH PEAK BY VINTAGEPlan C4BR,2BA$693
400UT1BR/1.0BA1BR,1BA$695
STEAMBOAT BY VINTAGE3x23BR,2BA$697
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$699
Fifteen514x3 BTS4BR,3BA$700
The Villager Studio ApartmentsStudioStudio,1BA$725
The RivetStudio SmallStudio,1BA$813
Park Place at Reno4x44BR,4BA$819

Best Value Apartments for Rent in Reno, NV

As of May 31, 2025 the best value apartment in the Reno area is the $1.33 price per square foot Plan B Model at SPRING VILLAS APARTMENTS in the in the The Foothills at Wingfield Springs : Estrella neighborhood starting from $1,735. The second greatest value Reno apartment is the 3x2 Model at SKY MOUNTAIN BY VINTAGE starting at $1,175 with a $0.96 price per square foot in the North Valleys 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.
SPRING VILLAS APARTMENTSPlan B2BR,2BA$1.33
SKY MOUNTAIN BY VINTAGE3x23BR,2BA$0.96
STEAMBOAT BY VINTAGE3x23BR,2BA$0.61
The Highlands3X33BR,3BA$0.72
SOUTH PEAK BY VINTAGEPlan B3BR,2BA$1.23
Wolf RunEast 2 Bed2BR,2BA$0.81
Idlewild2x22BR,2BA$1.31
The RepublicB1A2BR,2BA$0.76
Springview by VintageB12BR,1BA$1.35
Whittell Pointe I and II1 Bed 1 Bath1BR,1BA$1.40

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Frequently Asked Questions about Reno

What type of rentals are currently available in Reno?

There are currently 1060 Apartments for Rent in Reno, NV with pricing that ranges from $499 to $8,153. There are also 232 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reno ranging from $700 to $11,000.

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 $11,000 with an average monthly rent of $2,571.

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 $697 to $7,818, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $585.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.