Cheap Apartments for Rent in the Old Southwest Reno Neighborhood of Reno, NV from $400 (102 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Southwest Reno area of Reno.

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Truckee River Terrace
$880 - $1,380
Total Monthly Price

Total Monthly Price

Base Rent
$770 - $1,270
Required Monthly Fees
$110

Total Monthly Price
$880 - $1,380
Studio to 1 Bedroom Apartments Available Now

Truckee River Terrace

501 W 1st StReno, NV 89503
Affordability
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  • Customer Reviewed
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property at 760 Moran St

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

1 Bedroom Rentals

Available Now

760 Moran St

RenoNV89502
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The Loft Apartments
Rent Specials
$950 - $1,650
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,650

Total Monthly Price
$950 - $1,650
Studio to 1 Bedroom Apartments Contact Us For Availability

The Loft Apartments

3660 Grant DrReno, NV 89509
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1495 Wright St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

Studio, 1 Bath Home for Rent

Available Now

1495 Wright St

RenoNV89509

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
$1,074 - $1,604
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,550
Required Monthly Fees
$54

Total Monthly Price
$1,074 - $1,604
Studio to 2 Bedroom Apartments Available Now

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
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  • Customer Reviewed
  • Smoke Free
property at 331 Broadway Blvd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 344 Thoma St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

344 Thoma St

RenoNV89502
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Shoreline Plaza
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 to 2 Bedroom Apartments Available Now

Shoreline Plaza

2500 Dickerson RdReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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 520 Locust St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Aug 21

520 Locust St

RenoNV89502
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The Phoenix Reno
$1,289 - $2,619
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $2,619

Total Monthly Price
$1,289 - $2,619
1 to 3 Bedroom Apartments Available Aug 25

The Phoenix Reno

4800 Kietzke LnReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Kirman Garden
$1,295 - $1,725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,725

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jul 31

Kirman Garden

444 Kirman AveReno, NV 89502
Affordability
  • Verified
  • 3D Tour
property at 360 Wheeler Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

360 Wheeler Ave

RenoNV89502

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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Cal Ave
Rent Specials
$1,524 - $1,894
Total Monthly Price

Total Monthly Price

Base Rent
$1,520 - $1,890
Required Monthly Fees
$4

Total Monthly Price
$1,524 - $1,894
Studio Apartments Available Now

Cal Ave

422 California AveReno, NV 89509
Corporate Housing
  • Verified
  • Utilities Included
  • Smoke Free
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.

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1247 W 1st St
Studio to 1 Bedroom Apartments

1247 W 1st St

1247 W 1st StReno, NV 89503
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Locust Apartments
Studio to 2 Bedroom Apartments

Locust Apartments

1700 Locust StReno, NV 89502
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VINTAGE AT SANCTUARY
Studio to 1 Bedroom Apartments

VINTAGE AT SANCTUARY

301 Gentry WayReno, NV 89502
Senior Living
  • Utilities Included
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The Point Midtown
Studio Apartments

The Point Midtown

1901 S Virginia StReno, NV 89502
Student Housing
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Park View Villas
1 to 2 Bedroom Apartments

Park View Villas

1800 Idlewild DrReno, NV 89509
  • Utilities Included
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Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
  • Utilities Included
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Grove Manor
Studio to 1 Bedroom Apartments

Grove Manor

255 E Grove StReno, NV 89502
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Park On Virginia1 Bed 1 Bath1BR,1BA$599
Cottages at GlendaStudio, 1 bathStudio,1BA$900
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$939
Altitude by VintageStudioStudio,1BA$965
Truckee River TerraceTruckee A1Studio,1BA$1,000
ParcOne60StudioStudio,1BA$1,095
Linden Apartments1b11BR,1BA$1,100
Mountain View ApartmentsFurnished StudioStudio,1BA$1,125
Palace Apartments1x1 - 490 - 6001BR,1BA$1,174
River Arms ApartmentsOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Montebello at Summit RidgeSienna2BR,2BA$1.89
Park On Virginia2 Bed 2 Bath2BR,2BA$1.44
Sherwood Forest Apartments12BR,1.5BA$1.78
Sierra Townhomes2 bedroom 1 bath townhome2BR,1BA$1.85
River Arms ApartmentsTwo Bedroom2BR,1BA$1.75
Golden ApartmentsTwo Bedroom2BR,1BA$1.61
Regina Marie Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.82
Linden Apartments1b11BR,1BA$1.83
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$1.84
Altitude by VintageStudioStudio ,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.

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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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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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Pet Friendly Lifestyle
Old Southwest Reno, Reno, NV

Ranked #8

Among cities in Nevada for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.