
Cheap Apartments for Rent in the Outer University Neighborhood of Reno, NV from $400 (146 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer University area of Reno.


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The Villager Studio Apartments

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Colony Studios & Apartments

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Truckee River Terrace

The Point West University

Carriage Stone Senior Apartments

860 Quincy St

Altitude by Vintage

Vintage at Washington Station

ParcOne60
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.

760 Moran St

1800 On Purdue

River Arms Apartments

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The Rivet

Reno Regency

Elevation at the U

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The Onyx at 695

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Springview by Vintage

Riverside Park Apartments

Gibson Apartments
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.

Westwood Sierra Apartments

625 Eureka Ave

Mountain View Apartments

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Talus Point

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Regina Marie Apartments

611 Elko Ave

Whittell Pointe I and II

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Sage by Vintage

Zephyr Pointe

140 College Dr
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.

Shoreline Plaza

Creekside Apartments

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Wedekind Apartments

217 E Taylor St

Terracina at Reno | Affordable Apartments

Stardust Apartments

520 Locust St

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Nevada Hills Apartments

Vintage Hills Senior Apartments | Affordable Apartments 55+

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Kirman Garden
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.

280 Island Ave

Harvard Apartments

Northwind Apartments

331 Broadway Blvd

2150 Sutro St, Unit G4

BOULDERS-RENO

319 Maine St

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85 Vista Rafael Pkwy, Unit 85 Vista Rafael Pkwy

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Printshop Lofts - Luxury Artist Lofts in Reno’s Brewery District

Moran Apartments
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.
Outer University, Reno, NV Local Guide

How much does it cost to rent an apartment in Outer University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer University Studio Apartments | $1,353 | $725 | $2,904 |
| Outer University 1 Bedroom Apartments | $1,652 | $825 | $3,521 |
| Outer University 2 Bedroom Apartments | $2,043 | $775 | $5,701 |
| Outer University 3 Bedroom Apartments | $2,098 | $755 | $9,489 |
| Outer University 4 Bedroom Apartments | $1,547 | $665 | $9,732 |
Browse Apartments in this Neighborhood
There are currently 146 rentals with your search options within a 2 mile radius of the Outer University Neighborhood of Reno, NV.
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Outer University, Reno, NV Local Guide
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Cheapest Available Outer University Apartments for Rent
 The cheapest available apartment rental in the Outer University area of Reno, NV is a 6 Beds unit found at Wolf Run East priced from $520. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wolf Run East | Vintage 6X4/6X5 F | 6BR,5BA | $520 |
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| Park Willow Apartments | Unit 207 | Studio,1BA | $968 |
| Altitude by Vintage | Studio | Studio,1BA | $980 |
| ParcOne60 | Studio | Studio,1BA | $985 |
| Vintage at Washington Station | 1 Bedroom | 1BR,1BA | $985 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $990 |
| JONES 1140 | 1BR/1.0BA | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Outer University, NV
As of June 05, 2026 the best value apartment in the Outer University area is the $0.58 price per square foot 3 Bed 2 Bath Model at The Towers at Pink Hill in the in the West University neighborhood starting from $800. The second greatest value Outer University apartment is the D2 Model at The Dean Reno starting at $799 with a $0.64 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Towers at Pink Hill | 3 Bed 2 Bath | 3BR,2BA | $0.58 |
| The Dean Reno | D2 | 4BR,4BA | $0.64 |
| Canyon Flats | C1 | 3BR,3BA | $0.76 |
| Wolf Run East | East 2 Bed | 2BR,2BA | $0.76 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| VISTA POINT | 2x2 | 2BR,2BA | $1.43 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| Springview by Vintage | B1 | 2BR,1BA | $1.35 |
| JONES 1140 | 1BR/1.0BA | 1BR,1BA | $1.40 |
| Park Willow Apartments | Unit 207 | Studio ,1BA | $1.49 |
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.
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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 LifestyleOuter University, Reno, NV
Ranked #5
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,000.
What is the price of a cheap apartment in Outer University?
The cheapest apartment in Outer University is Vintage at Washington Station which is listed at $985, while the average apartment in Outer University costs $1,805.
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 84 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 $561 which is $1,244 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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.