
Cheap Apartments for Rent in the Outer University Neighborhood of Reno, NV from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer University area of Reno.


Total Monthly Price
The Villager Studio Apartments

The Point West University

Zephyr Pointe

Truckee River Terrace

Total Monthly Price
Colony Studios & Apartments

815 N Sierra St

Reno Regency

Total Monthly Price
The Rivet

ALTITUDE BY VINTAGE
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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.

Total Monthly Price
Springview by Vintage

The Onyx at 695

Elevation at the U

1360 N Sierra St

1800 On Purdue

Vintage at Citi Vista 55+ Apartments

River Arms Apartments

ParcOne60

Whittell Pointe I and II

1035-1045 W 1st St
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.

1630 Lewis St

Total Monthly Price
Talus Point

Westwood Sierra Apartments

1060 Wilson Ave

Riverside Park Apartments

Shoreline Plaza

Gibson Apartments

Trembling Leaves Apartments

Sarrazin Arms Apartments

The Plaza at 4th Street Apartments
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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.

Manzanita Inn Apartments

Chism Street Apartments

Sierra Manor II

1247 W 1st St

SKY MOUNTAIN BY VINTAGE

Tripp Drive Apartments

Locust Street Apartments

JONES 1140

Stone Creek Apartments

Park View Villas
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Park Willow Apartments

1680 Mill Street

Montara Apartments

Habitat Flats

Whitewater Park Apartments

Capitol Hill Midtown Apartments

Renova Flats

Midtown Manor

Sierra Manor I

Sierra View
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,350 | $725 | $2,592 |
| Outer University 1 Bedroom Apartments | $1,626 | $525 | $2,820 |
| Outer University 2 Bedroom Apartments | $1,756 | $879 | $3,345 |
| Outer University 3 Bedroom Apartments | $1,524 | $799 | $2,857 |
| Outer University 4 Bedroom Apartments | $1,018 | $736 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 57 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Stone Senior Apartments | 1 Bed, 1 bath | 1BR,1BA | $525 |
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $790 |
| 1247 W 1st St | 0 Beds, 1 Baths | Studio,1BA | $795 |
| The Towers at Pink Hill | 3 Bed 3 Bath - Master Suite w/Virginia St. View | 3BR,3BA | $799 |
| SKY MOUNTAIN BY VINTAGE | 2x1 B | 2BR,1BA | $819 |
| Sarrazin Arms Apartments | 0x1 | Studio,1BA | $850 |
| Reno Regency | Studio | Studio,1BA | $954 |
| Park Willow Apartments | Unit 305 | Studio,1BA | $955 |
| Fifteen51 | 4x3 BTS | 4BR,3BA | $966 |
Best Value Apartments for Rent in Outer University, NV
As of January 13, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 240 College Ct, Unit A | 240 College Ct | 2BR,1BA | $1.33 |
| 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 Highlands | 3X3 | 3BR,3BA | $0.88 |
| Zephyr Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| Idlewild | 2x2 | 2BR,2BA | $1.31 |
| The Republic | B1A | 2BR,2BA | $1.06 |
| Whittell Pointe I and II | 1 Bed 1 Bath | 1BR,1BA | $1.40 |
| Carriage Stone Senior Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.23 |
| SKY MOUNTAIN BY VINTAGE | 1x1 | 1BR,1BA | $1.20 |
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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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 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 $966.
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 $1,660.
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 280 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 $690 which is $970 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!