Cheap Apartments for Rent in the Riverwalk Neighborhood of Reno, NV from $490 (62 Rentals)

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

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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
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property at 1035-1045 W 1st 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 Sep 10

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 405-407 W 5th St

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Home for Rent

Available Now

405-407 W 5th St

RenoNV89503
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Siegel Suites Nevadan
Rent Specials
$1,406 - $1,492
Total Monthly Price

Total Monthly Price

Base Rent
$1,406 - $1,492

Total Monthly Price
$1,406 - $1,492
Studio Apartments Available Now

Siegel Suites Nevadan

133 N Virginia StReno, NV 89501
Furnished
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  • Utilities Included
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The Print Shop Lofts
Rent Specials
$1,450 - $1,550
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $1,500
Required Monthly Fees
$50

Total Monthly Price
$1,450 - $1,550
Studio Apartments Available Now

The Print Shop Lofts

420 Valley RdReno, NV 89512
Affordability
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Cal Ave
Rent Specials
$1,520 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,520 - $1,890

Total Monthly Price
$1,520 - $1,890
Studio Apartments Available Sep 5

Cal Ave

422 California AveReno, NV 89509
Corporate Housing
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  • Utilities Included
  • Smoke Free
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LOFT 205 Apartments
$1,585 - $2,139
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $1,939
Required Monthly Fees
$200

Total Monthly Price
$1,585 - $2,139
Studio to 2 Bedroom Apartments Available Now

LOFT 205 Apartments

205 S Sierra StReno, NV 89501
Family Friendly
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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.

property at 342 Wheeler Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

342 Wheeler Ave

RenoNV89502
property at 255 N Sierra St

$1,650 - $1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

Studio To 1 Bedroom Rentals

Available Now

255 N Sierra St

RenoNV89501
property at 700-722 Gordon Ave

$1,690

Total Monthly Price

Total Monthly Price

Base Rent
$1,690

Total Monthly Price
$1,690

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

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Ballpark
Rent Specials
$1,691 - $5,369
Total Monthly Price

Total Monthly Price

Base Rent
$1,432 - $5,110
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Ballpark

201 Evans AveReno, NV 89501
Pet Friendly
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245 North Arlington
$1,770 - $2,660
Total Monthly Price

Total Monthly Price

Base Rent
$1,660 - $2,550
Required Monthly Fees
$110

Total Monthly Price
$1,770 - $2,660
Studio to 2 Bedroom Apartments Available Now

245 North Arlington

245 N Arlington AveReno, NV 89503
Eco-Friendly
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  • Utilities Included
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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.

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1247 W 1st St
Studio to 1 Bedroom Apartments

1247 W 1st St

1247 W 1st StReno, NV 89503
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Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
  • Utilities Included
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Habitat Flats
Studio Apartments

Habitat Flats

72 High StReno, NV 89502
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Renova Flats
Studio Apartments

Renova Flats

525 W 4th StReno, NV 89503
  • Utilities Included
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JONES 1140
Studio to 1 Bedroom Apartments

JONES 1140

1140 Jones StReno, NV 89503
  • Utilities Included
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300 Holcomb
Studio to 1 Bedroom Apartments

300 Holcomb

300 Holcomb AveReno, NV 89502

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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West Street Flats
Studio to 2 Bedroom Apartments

West Street Flats

232 West StReno, NV 89501
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58 Vine Street
1 to 2 Bedroom Apartments

58 Vine Street

58 Vine StReno, NV 89503
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Gardner Street
1 to 2 Bedroom Apartments

Gardner Street

155 Gardner StReno, NV 89503
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Jet Apartments
1 Bedroom Apartments

Jet Apartments

53-63 High StReno, NV 89502
  • Utilities Included
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The Mod Midtown
1 to 2 Bedroom Apartments

The Mod Midtown

635 Plumas StReno, NV 89509
Corporate Housing

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.

Riverwalk, Reno, NV Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of Reno, NV is a 2 Beds unit found at KE135-True Blue Properties LLC priced from $950. Park Willow Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $993. Here are the most affordable Riverwalk apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
KE135-True Blue Properties LLC2BR/1.0BA2BR,1BA$950
Park Willow ApartmentsUnit 211Studio,1BA$993
Truckee River TerraceTruckee A2Studio,1BA$1,045
ParcOne600BD, 1BTHStudio,1BA$1,065
The Onyx at 6950BD, 1BTH A23Studio,1BA$1,099
River Arms ApartmentsOne Bedroom1BR,1BA$1,175
58 Vine Street1x11BR,1BA$1,195
Vintage at Washington Station1 Bedroom1BR,1BA$1,243
217 E Taylor St1 Bed/1Ba1BR,1BA$1,245

Best Value Apartments for Rent in Riverwalk, NV

As of August 29, 2026 the best value apartment in the Riverwalk area is the $2.23 price per square foot Craftsman Model at The Village at Idlewild Park in the in the North Valleys neighborhood starting from $2,485. The second greatest value Riverwalk apartment is the 2x1 Model at 101 Arletta Street starting at $1,549 with a $1.82 price per square foot in the North Valleys neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Idlewild ParkCraftsman2BR,2BA$2.23
101 Arletta Street2x12BR,1BA$1.82
245 North Arlington1 Bedroom Type A1BR,1.5BA$2.26
Regina Marie Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.82
The Print Shop Lofts0BR/1.0BAStudio ,1BA$1.96
KE135-True Blue Properties LLC2BR/1.0BA2BR,1BA$1.30
River Arms ApartmentsOne Bedroom1BR,1BA$1.69
Midtown Manor2 Beds, 2 Baths2BR,2BA$2.24
Park Willow ApartmentsUnit 211Studio ,1BA$1.54
58 Vine Street1x11BR,1BA$2.10

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
Riverwalk, Reno, NV

Ranked #32

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

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including 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 rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Riverwalk Apartments

What is a cheap apartment in Riverwalk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwalk is under $1,245.

What is the price of a cheap apartment in Riverwalk?

The cheapest apartment in Riverwalk is River Arms Apartments which is listed at $1,175, while the average apartment in Riverwalk costs $1,835.

What types of apartments are the cheapest in Riverwalk?

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 18 regular apartments in Riverwalk that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.