
Cheap Apartments for Rent in the Riverwalk Neighborhood of Reno, NV from $490 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwalk area of Reno.


Total Monthly Price
Truckee River Terrace

River Arms Apartments

ParcOne60

Gibson Apartments

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345 E Taylor St, Unit 3

The Onyx at 695

Riverside Park Apartments

1035-1045 W 1st St

Vintage at Washington Station
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.

217 E Taylor St

405-407 W 5th St

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Regina Marie Apartments

Total Monthly Price
Siegel Suites Nevadan

ONE18 West Street Residential

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The Print Shop Lofts

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Siegel Suites Virginian

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Cal Ave

Total Monthly Price
LOFT 205 Apartments

3rd Street Flats
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.

343 Stewart St

The Residences on Winter Street

342 Wheeler Ave

255 N Sierra St

700-722 Gordon Ave

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Ballpark

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245 North Arlington

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The Village at Idlewild Park

Trembling Leaves Apartments

Sarrazin Arms Apartments
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.

Chism Street Apartments

1247 W 1st St

KE135-True Blue Properties LLC

Stone Creek Apartments

Park Willow Apartments

Habitat Flats

Whitewater Park Apartments

Renova Flats

JONES 1140

300 Holcomb
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.

Thoma Street Apartments

Washington Street Apartments

West Street Flats

58 Vine Street

Urban West Apartments

Gardner Street

Jet Apartments

Mill Street Apartments

The Mod Midtown

Siegel Suites El Cortez
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

How much does it cost to rent an apartment in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk Studio Apartments | $1,469 | $880 | $1,959 |
| Riverwalk 1 Bedroom Apartments | $1,834 | $874 | $4,353 |
| Riverwalk 2 Bedroom Apartments | $2,672 | $1,048 | $7,868 |
| Riverwalk 3 Bedroom Apartments | $3,287 | $2,800 | $3,775 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Reno, NV.
See all Apartments in RenoExplore Reno
Riverwalk, Reno, NV Local Guide
- Nearby Reno neighborhoods
- Nearby Cities
- ZIP codes
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| KE135-True Blue Properties LLC | 2BR/1.0BA | 2BR,1BA | $950 |
| Park Willow Apartments | Unit 211 | Studio,1BA | $993 |
| Truckee River Terrace | Truckee A2 | Studio,1BA | $1,045 |
| ParcOne60 | 0BD, 1BTH | Studio,1BA | $1,065 |
| The Onyx at 695 | 0BD, 1BTH A23 | Studio,1BA | $1,099 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1,175 |
| 58 Vine Street | 1x1 | 1BR,1BA | $1,195 |
| Vintage at Washington Station | 1 Bedroom | 1BR,1BA | $1,243 |
| 217 E Taylor St | 1 Bed/1Ba | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village at Idlewild Park | Craftsman | 2BR,2BA | $2.23 |
| 101 Arletta Street | 2x1 | 2BR,1BA | $1.82 |
| 245 North Arlington | 1 Bedroom Type A | 1BR,1.5BA | $2.26 |
| Regina Marie Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.82 |
| The Print Shop Lofts | 0BR/1.0BA | Studio ,1BA | $1.96 |
| KE135-True Blue Properties LLC | 2BR/1.0BA | 2BR,1BA | $1.30 |
| River Arms Apartments | One Bedroom | 1BR,1BA | $1.69 |
| Midtown Manor | 2 Beds, 2 Baths | 2BR,2BA | $2.24 |
| Park Willow Apartments | Unit 211 | Studio ,1BA | $1.54 |
| 58 Vine Street | 1x1 | 1BR,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.
Read ArticleReal 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 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 LifestyleRiverwalk, Reno, NV
Ranked #32
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.

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.

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.

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.