Cheap Homes for Rent in Outer University Neighborhood of Reno, NV from $700 (17 Rentals)

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

property at 445 Roberts St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Unavailable

445 Roberts St

RenoNV89502
property at 3870 E Leonesio Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom Rentals

Available Now

property at 662 Eureka Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

662 Eureka Ave

RenoNV89512
property at 496 Highland Ave

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

Studio, 1 Bath Home for Rent

Available Now

496 Highland Ave

RenoNV89512

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.

property at 1350 Haskell St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

Studio, 1 Bath Condo for Rent

Available Jul 1

1350 Haskell St

RenoNV89509
property at 3948 Clear Acre Ln

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

property at 720 E 7th St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Jul 21

720 E 7th St

RenoNV89512
property at 3935 Clear Acre Ln

$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 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.

property at 3621 Gypsum Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3621 Gypsum Rd

RenoNV89503
property at 404 Highland Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

404 Highland Ave

RenoNV89512
property at 3293 Gypsum Rd

$1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 2 Bath Condo for Rent

Available Now

3293 Gypsum Rd

RenoNV89503

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.

property at 150 W 10th St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Townhome for Rent

Unavailable

150 W 10th St

RenoNV89503
property at 551 Wonder St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

551 Wonder St

RenoNV89502

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 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 ListingModel NameBed/BathPriced From
Wolf Run EastVintage 6X4/6X5 F6BR,5BA$520
The Villager Studio ApartmentsStudioStudio,1BA$725
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$740
Sarrazin Arms Apartments0x1Studio,1BA$850
Park Willow ApartmentsUnit 207Studio,1BA$968

Best Value Apartments for Rent in Outer University, NV

As of June 06, 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 D1 Model at Canyon Flats starting at $756 with a $0.56 price per square foot in the North Valleys 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.
The Towers at Pink Hill3 Bed 2 Bath3BR,2BA$0.58
Canyon FlatsD14BR,4BA$0.56
The Dean RenoD24BR,4BA$0.64
Wolf Run EastEast 2 Bed2BR,2BA$0.76
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.41
VISTA POINT2x22BR,2BA$1.43
Idlewild2x22BR,2BA$1.31
Springview by VintageB12BR,1BA$1.35
JONES 11401BR/1.0BA1BR,1BA$1.40
Park Willow ApartmentsUnit 207Studio ,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 Article
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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.

Read Article
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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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Frequently Asked Questions about Outer University

What type of rentals are currently available in Outer University?

There are currently 668 Apartments for Rent in Outer University, NV with pricing that ranges from $520 to $9,733. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer University ranging from $700 to $4,500.

What is the current price range for Rental Homes in Outer University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer University ranges from $700 to $4,500 with an average monthly rent of $2,619.

How much are larger Three and Four Bedroom Rentals in Outer University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer University range from $755 to $9,477, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,075 to $3,995. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $665.

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 Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.