
Cheap Apartments for Rent in the Outer University Neighborhood of Reno, NV from $400 (164 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer University area of Reno.


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Colony Studios & Apartments

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Truckee River Terrace

The Point West University

Vintage at Citi Vista 55+ Apartments

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The Rivet

Carriage Stone Senior Apartments

1953 Wedekind Rd

ALTITUDE BY VINTAGE

Elevation at the U
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

Reno Regency

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The Onyx at 695

ParcOne60

Riverside Park Apartments

Westwood Sierra Apartments

Shoreline Plaza

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.

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840 N Sierra St

1060 Wilson Ave

Mountain View Apartments

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Talus Point

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Regina Marie Apartments

Whittell Pointe I and II

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Sage by Vintage

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Springview by Vintage

Zephyr Pointe

Vintage Hills Senior Apartments | Affordable Apartments 55+
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.

Creekside Apartments

Vintage at Washington Station

Stardust Apartments

3285 Gypsum Rd

1574 W 7th St

219 E 7th St

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Nevada Hills Apartments

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Wedekind Apartments

460 Wilson Ave

531 Lander St
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.

2000 Silverada Blvd, Unit 224

2375 Tripp Dr

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The Edison

Moran Apartments

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Siegel Suites Nevadan

Terracina at Reno | Affordable Apartments

VISTA POINT

Ridgeview by Vintage

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Kirman Garden

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Park Silverada
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

How much does it cost to rent an apartment in Outer University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer University Studio Apartments | $1,346 | $725 | $1,957 |
| Outer University 1 Bedroom Apartments | $1,621 | $799 | $4,452 |
| Outer University 2 Bedroom Apartments | $1,887 | $875 | $4,064 |
| Outer University 3 Bedroom Apartments | $1,943 | $799 | $6,433 |
| Outer University 4 Bedroom Apartments | $1,060 | $665 | $8,743 |
Browse Apartments in this Neighborhood
There are currently 164 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 Studio unit found at The Villager Studio Apartments priced from $725. Colony Studios & Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Outer University apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $799 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| Park Willow Apartments | Unit 210 | Studio,1BA | $957 |
| The Rivet | Studio Large | Studio,1BA | $958 |
| ALTITUDE BY VINTAGE | Studio | Studio,1BA | $965 |
| Truckee River Terrace | Truckee A1 | Studio,1BA | $990 |
| Elevation at the U | Studio Apartment | Studio,1BA | $999 |
| Whitewater Park Apartments | A1 - Whitewater Park | Studio,1BA | $1,028 |
Best Value Apartments for Rent in Outer University, NV
As of April 14, 2026 the best value apartment in the Outer University area is the $0.59 price per square foot 3 Bed 3 Bath - Master Suite w/Virginia St. View Model at The Towers at Pink Hill in the in the West University neighborhood starting from $799. The second greatest value Outer University apartment is the D3 Model at The Dean Reno starting at $915 with a $0.73 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 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $0.59 |
| The Dean Reno | D3 | 4BR,4BA | $0.73 |
| The Republic | C1 | 3BR,3BA | $0.75 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR,1BA | $1.41 |
| VISTA POINT | 2x2 | 2BR,2BA | $1.43 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| Springview by Vintage | B1 Alt | 2BR,1BA | $1.42 |
| Whittell Pointe I and II | 1 Bed 1 Bath | 1BR,1BA | $1.40 |
| Canyon Flats | B1 | 2BR,2BA | $1.27 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 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 the Cheapest Studio apartment in Outer University?
Currently the most affordable Cheap Studio Apartment in Outer University is at The Villager Studio Apartments listed at $725.
How much is rent for a Cheap One Bedroom Outer University Apartment?
The lowest price for a Cheap One Bedroom Outer University Apartment is $1,050 at ParcOne60.
What is the lowest price for a Cheap Two Bedroom Outer University Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Outer University is starting from $662 at Banbridge.
What is the most affordable Outer University Three Bedroom Apartment?
The best deal on a cheap Outer University Three Bedroom Apartment rental is at The Towers at Pink Hill and starts from $799.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.