
Cheap Apartments for Rent in the Old Southwest Reno Neighborhood of Reno, NV from $400 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Southwest Reno area of Reno.


Carriage Stone Senior Apartments

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Truckee River Terrace

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Cottages at Glenda

760 Moran St

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The Loft Apartments

Golden Apartments

Altitude by Vintage

River Arms Apartments

1495 Wright St
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.

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Palace Apartments

ParcOne60

Mountain View Apartments

Regency Park

331 Broadway Blvd

344 Thoma St

Fairway Park Manor

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Shoreline Plaza

Vintage at Redfield

217 E Taylor St
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.

954 Berrum Ln, Unit 5

950 Berrum Ln, Unit 6

520 Locust St

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The Phoenix Reno

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Kirman Garden

Traditions West

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Regina Marie Apartments

320 Grand Canyon

Moran Apartments

360 Wheeler Ave
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.

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Plumas Garden Apartments

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Cal Ave

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Redfield Villas Apartments

Sierra Townhomes

1217 W 2nd St

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780 Forest St, Unit B

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The Lodge at McCarran Ranch Apartment Homes

Trembling Leaves Apartments

Hubbard Garden Apartments

Chism Street Apartments
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.

1247 W 1st St

Locust Apartments

Locust Street Apartments

VINTAGE AT SANCTUARY

The Point Midtown

Park View Villas

Stone Creek Apartments

Grove Manor

Berrum Place Apartments

1680 Mill Street
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.
Old Southwest Reno, Reno, NV Local Guide

How much does it cost to rent an apartment in Old Southwest Reno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Southwest Reno Studio Apartments | $1,417 | $880 | $2,055 |
| Old Southwest Reno 1 Bedroom Apartments | $1,861 | $599 | $4,509 |
| Old Southwest Reno 2 Bedroom Apartments | $2,283 | $1,048 | $8,497 |
| Old Southwest Reno 3 Bedroom Apartments | $2,354 | $1,440 | $3,775 |
| Old Southwest Reno 4 Bedroom Apartments | $5,193 | $2,800 | $7,586 |
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 2 mile radius of the Old Southwest Reno Neighborhood of Reno, NV.
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Old Southwest Reno, Reno, NV Local Guide
- Nearby Reno neighborhoods
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Cheapest Available Old Southwest Reno Apartments for Rent
 The cheapest available apartment rental in the Old Southwest Reno area of Reno, NV is a 1 Bed unit found at Park On Virginia priced from $599. Cottages at Glenda has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Old Southwest Reno apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park On Virginia | 1 Bed 1 Bath | 1BR,1BA | $599 |
| Cottages at Glenda | Studio, 1 bath | Studio,1BA | $900 |
| VINTAGE AT SANCTUARY | 1 Bedroom | 1BR,1BA | $939 |
| Altitude by Vintage | Studio | Studio,1BA | $965 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $1,000 |
| ParcOne60 | Studio | Studio,1BA | $1,095 |
| Linden Apartments | 1b1 | 1BR,1BA | $1,100 |
| Mountain View Apartments | Furnished Studio | Studio,1BA | $1,125 |
| Palace Apartments | 1x1 - 490 - 600 | 1BR,1BA | $1,174 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Old Southwest Reno, NV
As of July 21, 2026 the best value apartment in the Old Southwest Reno area is the $1.89 price per square foot Sienna Model at Montebello at Summit Ridge in the in the North Valleys neighborhood starting from $2,147. The second greatest value Old Southwest Reno apartment is the 2 Bed 2 Bath Model at Park On Virginia starting at $1,421 with a $1.44 price per square foot in the Ward 3 neighborhood. Here is today’s list of the best values for Old Southwest Reno apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Montebello at Summit Ridge | Sienna | 2BR,2BA | $1.89 |
| Park On Virginia | 2 Bed 2 Bath | 2BR,2BA | $1.44 |
| Sherwood Forest Apartments | 1 | 2BR,1.5BA | $1.78 |
| Sierra Townhomes | 2 bedroom 1 bath townhome | 2BR,1BA | $1.85 |
| River Arms Apartments | Two Bedroom | 2BR,1BA | $1.75 |
| Golden Apartments | Two Bedroom | 2BR,1BA | $1.61 |
| Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.82 |
| Linden Apartments | 1b1 | 1BR,1BA | $1.83 |
| VINTAGE AT SANCTUARY | 1 Bedroom | 1BR,1BA | $1.84 |
| Altitude by Vintage | Studio | Studio ,1BA | $1.91 |
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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleOld Southwest Reno, Reno, NV
Ranked #8
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Old Southwest Reno, Reno, NV
Jessie Beck Elementary School
Darrell C Swope Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Reno, Nevada. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Old Southwest Reno Apartments
What is a cheap apartment in Old Southwest Reno?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Southwest Reno is under $1,175.
What is the price of a cheap apartment in Old Southwest Reno?
The cheapest apartment in Old Southwest Reno is Park On Virginia which is listed at $599, while the average apartment in Old Southwest Reno costs $5,193.
What types of apartments are the cheapest in Old Southwest Reno?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Old Southwest Reno that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Old Southwest Reno?
Cheap apartments in Old Southwest Reno have an average cost of $327 which is $4,866 cheaper than the average rent for all rentals in Old Southwest Reno.
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.

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.

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.