Cheap Apartments for Rent in the Virginia Lake Neighborhood of Reno, NV from $500 (52 Rentals)

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

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The Loft Apartments
Rent Specials
$950 - $1,650
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,650
Total Monthly Price
$950 - $1,650
Studio to 1 Bedroom Apartments Contact Us For Availability

The Loft Apartments

3660 Grant DrReno, NV 89509
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Palace Apartments
$1,024 - $1,554
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,550
Required Monthly Fees
$4
Total Monthly Price
$1,024 - $1,554
Studio to 2 Bedroom Apartments Available Now

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 542 Capitol Hill Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

542 Capitol Hill Ave

RenoNV89502
property at 3388 Smith Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom Rentals

Available Now

3388 Smith Dr

RenoNV89509

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.

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oneR midTown
Rent Specials
$1,684 - $2,244
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,110
Required Monthly Fees
$134
Total Monthly Price
$1,684 - $2,244
Studio to 2 Bedroom Apartments Available Now

oneR midTown

1301 Tonopah StReno, NV 89509
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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EDGEWATER AT VIRGINIA LAKE
Rent Specials
$1,766 - $2,139
Total Monthly Price

Total Monthly Price

Base Rent
$1,686 - $2,059
Required Monthly Fees
$80
Total Monthly Price
$1,766 - $2,139
1 to 2 Bedroom Apartments Available Now

EDGEWATER AT VIRGINIA LAKE

2490 Eastshore DrReno, NV 89509
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Locust Apartments
Studio to 2 Bedroom Apartments

Locust Apartments

1700 Locust StReno, NV 89502
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VINTAGE AT SANCTUARY
Studio to 1 Bedroom Apartments

VINTAGE AT SANCTUARY

301 Gentry WayReno, NV 89502
Senior Living
  • Utilities Included
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The Point Midtown
Studio Apartments

The Point Midtown

1901 S Virginia StReno, NV 89502
Student Housing
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Grove Manor
Studio to 1 Bedroom Apartments

Grove Manor

255 E Grove StReno, NV 89502
  • Utilities Included
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Ala Moana Apartments
1 to 2 Bedroom Apartments

Ala Moana Apartments

3300 Kauai CtReno, NV 89509
  • Utilities Included
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LOCUST CANYON APARTMENTS
Studio to 1 Bedroom Apartments

LOCUST CANYON APARTMENTS

475 Grand Canyon BlvdReno, NV 89502
  • Utilities Included

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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Country Club Villas
1 to 3 Bedroom Apartments

Country Club Villas

2796 Plumas StReno, NV 89509
  • Utilities Included
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Glen at Hidden Valley
Studio to 2 Bedroom Apartments

Glen at Hidden Valley

3285 Clover WayReno, NV 89509
Corporate Housing
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Evergreen Apartments
1 to 2 Bedroom Apartments

Evergreen Apartments

790 Brinkby AveReno, NV 89509
  • Utilities Included
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2908 Salem Pl
2 Bedroom Apartments

2908 Salem Pl

2908 Salem PlReno, NV 89509

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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Royal Oak Apartments
1 to 3 Bedroom Apartments

Royal Oak Apartments

355 Broadway BlvdReno, NV 89502
  • Utilities Included
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Midtown Flats
1 to 2 Bedroom Apartments

Midtown Flats

300 W Pueblo StReno, NV 89509
  • Utilities Included
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Grand Canyon Mews
1 to 2 Bedroom Apartments

Grand Canyon Mews

597 Grand Canyon BlvdReno, NV 89502
  • Utilities Included
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Broadway Arms
2 Bedroom Apartments

Broadway Arms

500 Broadway BlvdReno, NV 89502
  • Utilities Included
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1175 Berrum Ln
2 Bedroom Apartments

1175 Berrum Ln

1175 Berrum LnReno, NV 89509
  • Utilities Included
property at 750 Mt Rose St

$1,637

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Required Monthly Fees
$137
Total Monthly Price
$1,637

1 Bedroom, 1 Bath Home for Rent

Available Now

750 Mt Rose St

RenoNV89509
property at 3678 Warren Way

$1,650

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

3678 Warren Way

RenoNV89509
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251 E Arroyo St
1 to 2 Bedroom Apartments

251 E Arroyo St

251 E Arroyo StReno, NV 89502

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.

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Virginia Lake, Reno, NV Local Guide

Cheapest Available Virginia Lake Apartments for Rent

 

The cheapest available apartment rental in the Virginia Lake area of Reno, NV is a 1 Bed unit found at Park On Virginia priced from $599. Cottages at Glenda has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Virginia Lake apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Park On Virginia1 Bed 1 Bath1BR,1BA$599
Cottages at GlendaStudio, 1 bathStudio,1BA$900
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$939
Palace Apartments0x1Studio,1BA$1,024
Linden Apartments1b11BR,1BA$1,100
Golden ApartmentsTwo Bedroom2BR,1BA$1,250
Regency ParkOne Bedroom/ One Bath Small1BR,1BA$1,335
320 Grand Canyon1x11BR,1BA$1,395
Basecamp at REDBasecamp S1Studio,1BA$1,660
oneR midTownUrban 1 SStudio,1BA$1,684

Best Value Apartments for Rent in Virginia Lake, NV

As of August 08, 2026 the best value apartment in the Virginia Lake area is the $1.44 price per square foot 2 Bed 2 Bath Model at Park On Virginia in the in the Ward 3 neighborhood starting from $1,421. The second greatest value Virginia Lake apartment is the Deluxe Loft Units Model at The Deluxe Apartments starting at $1,965 with a $2.18 price per square foot in the North Valleys neighborhood. Here is today’s list of the best values for Virginia Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park On Virginia2 Bed 2 Bath2BR,2BA$1.44
The Deluxe ApartmentsDeluxe Loft UnitsStudio ,1BA$2.18
Golden ApartmentsTwo Bedroom2BR,1BA$1.61
EDGEWATER AT VIRGINIA LAKEThe Cottonwood1BR,1BA$2.32
Atwood at REDA31BR,1BA$2.75
Regency ParkOne Bedroom/ One Bath Small1BR,1BA$1.99
Linden Apartments1b11BR,1BA$1.83
320 Grand Canyon1x11BR,1BA$2.54
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$1.84
Cottages at GlendaStudio, 1 bathStudio ,1BA$2.33

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
Virginia Lake, Reno, NV

Ranked #30

Among cities in Nevada for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Reno. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Virginia Lake Apartments

What is a cheap apartment in Virginia Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Virginia Lake is under $1,684.

What is the price of a cheap apartment in Virginia Lake?

The cheapest apartment in Virginia Lake is Park On Virginia which is listed at $599, while the average apartment in Virginia Lake costs $1,961.

What types of apartments are the cheapest in Virginia Lake?

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 6 regular apartments in Virginia Lake 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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.