Cheap Apartments for Rent in the Virginia Lake Neighborhood of Reno, NV from $500 (32 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
$1,079 - $1,654
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,550
Required Monthly Fees
$104

Total Monthly Price
$1,079 - $1,654
Studio to 2 Bedroom Apartments Available May 8

Palace Apartments

395 E Grove StReno, NV 89502
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
property at 2820 Wrondel Wy

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

Studio, 1 Bath Home for Rent

Available Now

2820 Wrondel Wy, Unit A, Unit A

2820 Wrondel Wy
RenoNV89502

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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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

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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LOCUST CANYON APARTMENTS
Studio to 1 Bedroom Apartments

LOCUST CANYON APARTMENTS

475 Grand Canyon BlvdReno, NV 89502
  • Utilities Included
property at 2450 Lymbery St

$1,095 - $1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

Studio To 2 Bedroom Rentals

Available Now

2450 Lymbery St

RenoNV89509
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Country Club Villas
1 to 3 Bedroom Apartments

Country Club Villas

2796 Plumas StReno, NV 89509
  • Utilities Included

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.

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Evergreen Apartments
1 to 2 Bedroom Apartments

Evergreen Apartments

790 Brinkby AveReno, NV 89509
  • Utilities Included
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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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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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Glen at Hidden Valley
Studio to 2 Bedroom Apartments

Glen at Hidden Valley

3285 Clover WayReno, NV 89509
Corporate Housing
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Grand Canyon Mews
1 to 2 Bedroom Apartments

Grand Canyon Mews

597 Grand Canyon BlvdReno, NV 89502
  • Utilities Included

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.

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 Studio unit found at Cottages at Glenda priced from $900. Linden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here are the most affordable Virginia Lake apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Cottages at GlendaStudio, 1 bathStudio,1BA$900
Linden Apartments1b11BR,1BA$1,135
Park On Virginia1 Bed 1 Bath1BR,1BA$1,185
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$1,243
Golden ApartmentsTwo Bedroom2BR,1BA$1,250
Glen at Hidden Valley1 Bedroom 1 Bath - A11BR,1BA$1,310
320 Grand Canyon1x11BR,1BA$1,395
Sherwood Forest Apartments32BR,1BA$1,445
Emory at REDS1 - Emory S1Studio,1BA$1,550
EDGEWATER AT VIRGINIA LAKEThe Cottonwood1BR,1BA$1,770

Best Value Apartments for Rent in Virginia Lake, NV

As of May 07, 2026 the best value apartment in the Virginia Lake area is the $1.73 price per square foot 1 Model at Sherwood Forest Apartments in the in the Ward 3 neighborhood starting from $1,545. The second greatest value Virginia Lake apartment is the B4 - Basecamp B4 Model at Basecamp at RED starting at $2,195 with a $2.74 price per square foot in the Ward 3 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.
Sherwood Forest Apartments12BR,1.5BA$1.73
Basecamp at REDB4 - Basecamp B42BR,2BA$2.74
Golden ApartmentsTwo Bedroom2BR,1BA$1.61
EDGEWATER AT VIRGINIA LAKEThe Cottonwood1BR,1BA$2.31
Park On Virginia1 Bed 1 Bath1BR,1BA$1.82
Glen at Hidden Valley1 Bedroom 1 Bath - A11BR,1BA$2.02
Linden Apartments1b11BR,1BA$1.89
320 Grand Canyon1x11BR,1BA$2.54
VINTAGE AT SANCTUARY1 Bedroom1BR,1BA$2.44
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 #28

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 $1,770.

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

The cheapest apartment in Virginia Lake is Linden Apartments which is listed at $1,135, while the average apartment in Virginia Lake costs $2,822.

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 8 regular apartments in Virginia Lake 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 Virginia Lake?

Cheap apartments in Virginia Lake have an average cost of $324 which is $2,498 cheaper than the average rent for all rentals in Virginia Lake.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.