Cheap Apartments for Rent in the Outer University Neighborhood of Reno, NV from $400 (58 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1120 Evans Ave, Unit 3
$650
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650
Studio Apartment Available Jan 1, 2026

1120 Evans Ave, Unit 3

1120 Evans AveReno, NV 89512
Furnished
  • Smoke Free
close
View Me
1110 Evans Ave, Unit B6
$700
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700
Studio Apartment Available Jan 1, 2026

1110 Evans Ave, Unit B6

1110 Evans AveReno, NV 89512
Furnished
  • Smoke Free
close
View Me
Colony Studios & Apartments
Rent Specials
$790 - $1,144
Total Monthly Price

Total Monthly Price

Base Rent
$790 - $1,144

Total Monthly Price
$790 - $1,144
Studio Apartments Available Now

Colony Studios & Apartments

1000 Harvard WayReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 915 Willow St

915 Willow St

RenoNV89502
close
View Me
The Rivet
$945 - $1,047
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $932
Required Monthly Fees
$115

Total Monthly Price
$945 - $1,047
Studio Apartments Available Jan 1, 2026

The Rivet

2050 Market StReno, NV 89502
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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 1399-1399 S Wells Ave
property at 140 College Dr

140 College Dr

RenoNV89503
property at 1360 N Sierra St

1360 N Sierra St

RenoNV89503

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Talus Point
$1,095 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,495

Total Monthly Price
$1,095 - $2,495
Studio to 3 Bedroom Apartments Available Now

Talus Point

3970 Covington WayReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Sierra Manor II
1 Bedroom Apartments

Sierra Manor II

2360 Paradise DrReno, NV 89512
Senior Living
  • Utilities Included
close
View Me
1247 W 1st St
Studio to 1 Bedroom Apartments

1247 W 1st St

1247 W 1st StReno, NV 89503
close
View Me
JONES 1140
Studio to 1 Bedroom Apartments

JONES 1140

1140 Jones StReno, NV 89503
  • Utilities Included
close
View Me
Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
  • Utilities Included
close
View Me
Park View Villas
1 to 2 Bedroom Apartments

Park View Villas

1800 Idlewild DrReno, NV 89509
  • Utilities Included

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.

close
View Me
Montara Apartments
1 Bedroom Apartments

Montara Apartments

669 N Sadleir WayReno, NV 89512
  • Utilities Included
close
View Me
Habitat Flats
Studio Apartments

Habitat Flats

72 High StReno, NV 89502
close
View Me
Midtown Manor
Studio to 2 Bedroom Apartments

Midtown Manor

645 S Virginia StReno, NV 89501
  • Utilities Included
close
View Me
Renova Flats
Studio Apartments

Renova Flats

525 W 4th StReno, NV 89503
  • Utilities Included
close
View Me
Sierra Manor I
1 Bedroom Apartments

Sierra Manor I

2350 Paradise DrReno, NV 89512
Senior Living
  • Utilities Included
close
View Me
Sierra View
Studio to 2 Bedroom Apartments

Sierra View

2300 Paradise DrReno, NV 89512
  • Utilities Included
close
View Me
LOCUST CANYON APARTMENTS
Studio to 1 Bedroom Apartments

LOCUST CANYON APARTMENTS

475 Grand Canyon BlvdReno, NV 89502
  • Utilities Included

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.

Outer University, Reno, NV Local Guide

Cheapest Available Outer University Apartments for Rent

 

The cheapest available apartment rental in the Outer University area of Reno, NV is a 1 Bed unit found at Carriage Stone Senior Apartments priced from $525. The Villager Studio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Outer University apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Carriage Stone Senior Apartments1 Bed, 1 bath1BR,1BA$525
The Villager Studio ApartmentsStudioStudio,1BA$725
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$790
1247 W 1st St0 Beds, 1 BathsStudio,1BA$795
The Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$799
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$819
Park Place at Reno4x44BR,4BA$824
Sarrazin Arms Apartments0x1Studio,1BA$850
JONES 11400BR/1.0BAStudio,1BA$850
Reno RegencyStudioStudio,1BA$954

Best Value Apartments for Rent in Outer University, NV

As of December 10, 2025 the best value apartment in the Outer University area is the $1.33 price per square foot 240 College Ct Model at 240 College Ct, Unit A in the in the West University neighborhood starting from $2,050. The second greatest value Outer University apartment is the 3 Bed 3 Bath - Master Suite w/Virginia St. View Model at The Towers at Pink Hill starting at $799 with a $0.59 price per square foot in the West University neighborhood. Here is today’s list of the best values for Outer University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
240 College Ct, Unit A240 College Ct2BR,1BA$1.33
The Towers at Pink Hill3 Bed 3 Bath - Master Suite w/Virginia St. View3BR,3BA$0.59
The Dean RenoD34BR,4BA$0.73
SKY MOUNTAIN BY VINTAGE3x23BR,2BA$1.33
The Highlands3X33BR,3BA$0.88
Idlewild2x22BR,2BA$1.31
The RepublicB1A2BR,2BA$1.06
Springview by VintageB12BR,1BA$1.27
Canyon FlatsB12BR,2BA$1.28
Carriage Stone Senior Apartments2 Beds, 1 bath2BR,1BA$1.23

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
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Outer University, Reno, NV

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Central Reno. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, family-friendly amenities, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Outer University Apartments

What is a cheap apartment in Outer University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer University is under $954.

What is the price of a cheap apartment in Outer University?

The cheapest apartment in Outer University is Carriage Stone Senior Apartments which is listed at $525, while the average apartment in Outer University costs $1,735.

What types of apartments are the cheapest in Outer University?

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 323 regular apartments in Outer University 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 Outer University?

Cheap apartments in Outer University have an average cost of $790 which is $945 cheaper than the average rent for all rentals in Outer University.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.