
Homes for Rent in Reno, NV Under $700 (1 Rental)

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.
Reno, NV Local Guide

How much does it cost to rent a home in Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reno 2 Bedroom Homes for Rent | $2,125 | $1,250 | $4,400 |
| Reno 3 Bedroom Homes for Rent | $3,119 | $1,795 | $7,500 |
| Reno 4 Bedroom Homes for Rent | $3,257 | $700 | $7,500 |
| Reno 5 Bedroom Homes for Rent | $4,172 | $3,200 | $6,500 |
| Reno 6 Bedroom Homes for Rent | $3,837 | $3,675 | $4,000 |
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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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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.
Best Local Schools in Reno, NV
Hunter Lake Elementary School
Darrell C Swope Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Reno, NV Area Reviews
Jennifer • 4+ years in Reno
July 17, 2025Rent 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 1054 Apartments for Rent in Reno, NV with pricing that ranges from $649 to $13,729. There are also 225 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reno ranging from $700 to $7,500.
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 $7,500 with an average monthly rent of $2,797.
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 $755 to $8,518, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $7,500. 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

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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.