Cheap Apartments for Rent in the Outer University Neighborhood of Reno, NV from $400 (117 Rentals)

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

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The Rivet
Rent Specials
$823 - $1,233
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$813 - $1,223
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

The Rivet

2050 Market StReno, NV 89502
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
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400 University Ter, Unit B1
$850
Total Monthly Price10 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850
1 Bedroom Apartment Available Aug 1

400 University Ter, Unit B1

400 University TerReno, NV 89503
Furnished
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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
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 2065 Whitfield Wy

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Now

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.

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
property at 860 Quincy St

$950 - $1,550

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio To 2 Bedroom Rentals

Available Now

860 Quincy St

RenoNV89512
property at 3481 Tripp Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available Now

3481 Tripp Dr

RenoNV89512
property at 3501 Tripp Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom Rentals

Available Now

3501 Tripp Dr

RenoNV89512

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.

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Talus Point
$1,134 - $2,574
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $2,495
Required Monthly Fees
$79

Total Monthly Price
$1,134 - $2,574
Studio to 3 Bedroom Apartments Available Jul 24

Talus Point

3970 Covington WayReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Sage by Vintage
Rent Specials
$1,183 - $1,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,415

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

Sage by Vintage

500 Stoker AveReno, NV 89503
Affordability
  • Verified
  • Low Income
  • 3D Tour
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

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.

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 - $1,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,475

Total Monthly Price
$1,200 - $1,475
1 to 2 Bedroom Apartments Available Now

Shoreline Plaza

2500 Dickerson RdReno, NV 89503
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Wedekind Apartments
Rent Specials
$1,245 - $1,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,245 - $1,370

Total Monthly Price
$1,245 - $1,370
1 to 2 Bedroom Apartments Available Now

Wedekind Apartments

2300 Wedekind RdReno, NV 89512
Affordability
  • Verified
  • Customer Reviewed
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

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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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 1121 Buena Vista Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio, 1 Bath Home for Rent

Available Now

property at 361 Gould St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Aug 3

361 Gould St

RenoNV89502
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Nevada Hills Apartments
$1,310 - $1,614
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $1,614

Total Monthly Price
$1,310 - $1,614
1 to 2 Bedroom Apartments Contact Us For Availability

Nevada Hills Apartments

1050 Nevada StReno, NV 89503
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 100 N Arlington Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Now

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.

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 Studio unit found at Colony Studios & Apartments priced from $740. The Villager Studio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Outer University apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
The Villager Studio ApartmentsStudioStudio,1BA$765
The RivetStudio SmallStudio,1BA$823
Altitude by VintageStudioStudio,1BA$965
2075 Patton Dr1 Beds, 1 Baths1BR,1BA$1,000
Reno RegencyStudioStudio,1BA$1,020
Truckee River TerraceTruckee A3Studio,1BA$1,040
Patton Apartments1b11BR,1BA$1,075
ParcOne60StudioStudio,1BA$1,095
Mountain View ApartmentsFurnished StudioStudio,1BA$1,125

Best Value Apartments for Rent in Outer University, NV

As of July 22, 2026 the best value apartment in the Outer University area is the $1.49 price per square foot 3 Bed 2 Bath Model at Whittell Pointe I and II in the in the West University neighborhood starting from $1,754. The second greatest value Outer University apartment is the C1 Alt Model at Springview by Vintage starting at $1,457 with a $1.27 price per square foot in the Northeast Reno 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.
Whittell Pointe I and II3 Bed 2 Bath3BR,2BA$1.49
Springview by VintageC1 Alt3BR,2BA$1.27
Boulder Creek Apartments3 bedroom 2 bath3BR,2BA$1.63
Terracina at Reno | Affordable Apartments3 Bedroom3BR,2BA$1.64
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
SKY MOUNTAIN BY VINTAGE2x1 B2BR,1BA$1.50
Harvard Apartments2x12BR,1BA$1.58
1800 On Purdue2 bedroom 1 bath2BR,1BA$1.65
Canyon FlatsB22BR,2BA$1.16
River Arms ApartmentsTwo Bedroom2BR,1BA$1.75

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
Outer University, Reno, NV

Ranked #3

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

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 $1,125.

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

The cheapest apartment in Outer University is 2075 Patton Dr which is listed at $1,000, while the average apartment in Outer University costs $1,855.

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 56 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 $543 which is $1,312 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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.