
Cheap Apartments for Rent in the Virginia Lake Neighborhood of Reno, NV from $550 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Virginia Lake area of Reno.


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The Loft Apartments

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Golden Apartments

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Regency Park

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Fairway Park Manor

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Park On Virginia

950 Berrum Ln, Unit 3

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Traditions West

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320 Grand Canyon

185 Hillcrest Dr
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.

2450 Lymbery St, Unit 216

2450 Lymbery St, Unit 132

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Plumas Garden Apartments

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Basecamp at RED

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The Deluxe Apartments

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oneR midTown

3075 Berrum Pl

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Emory at RED

Hubbard Garden Apartments

Locust Apartments
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.

Vintage at Sanctuary

The Point Midtown

Grove Manor

Berrum Place Apartments

Palace Apartments

Ala Moana Apartments

LOCUST CANYON APARTMENTS

The Lotus at Midtown

Lakeside Village Apartments

Virginia Lake South 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.

Kramer's Midtown Studios

Linden Apartments

2450 Lymbery St, Unit 327

2450 Lymbery St

Country Club Villas

SC Sierra One

Capitol Hill

Evergreen Apartments

Roselake Apartments

2908 Salem Pl
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.

212 Hillcrest Dr

Brinkby Apartments

Midtown Flats

1000 Beck St

CENTURY PARK property

2700 Plumas St

Glen at Hidden Valley

3040

Grand Canyon Mews

Grand Canyon Apartments
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.
Virginia Lake, Reno, NV Local Guide

How much does it cost to rent an apartment in Virginia Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Virginia Lake Studio Apartments | $1,560 | $900 | $1,976 |
| Virginia Lake 1 Bedroom Apartments | $2,024 | $959 | $2,971 |
| Virginia Lake 2 Bedroom Apartments | $2,303 | $1,250 | $3,480 |
| Virginia Lake 3 Bedroom Apartments | $2,313 | $1,735 | $3,659 |
| Virginia Lake 4 Bedroom Apartments | $6,622 | $6,622 | $6,622 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Virginia Lake Neighborhood of Reno, NV.
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Virginia Lake, Reno, NV Local Guide
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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. Vintage at Sanctuary has the second lowest priced unit, which is a 1 Bed apartment currently listed from $939. Here are the most affordable Virginia Lake apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages at Glenda | Studio, 1 bath | Studio, 1BA | $900 |
| Vintage at Sanctuary | 1 Bedroom | 1BR, 1BA | $939 |
| Linden Apartments | 1b1 | 1BR, 1BA | $1,100 |
| SC Sierra One | Yori One Bedroom | 1BR, 1BA | $1,175 |
| Capitol Hill | 1-Bed, 1-Bath - Renovated | 1BR, 1BA | $1,195 |
| Golden Apartments | Two Bedroom | 2BR, 1BA | $1,250 |
| Brinkby Apartments | 1BR/1.0BA | 1BR, 1BA | $1,300 |
| Traditions West | 1 Bedroom | 1BR, 1BA | $1,300 |
| Glen at Hidden Valley | 1 Bedroom 1 Bath - A1 | 1BR, 1BA | $1,370 |
| 3040 | 2BR/1.0BA | 2BR, 1BA | $1,395 |
Best Value Apartments for Rent in Virginia Lake, NV
As of September 22, 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 Ward 3 neighborhood starting from $1,421. The second greatest value Virginia Lake apartment is the 1 Model at Sherwood Forest Apartments in the Ward 3 neighborhood starting at $1,645 with a $1.84 price per square foot. Here is today’s list of the best values for Virginia Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park On Virginia | 2 Bed 2 Bath | 2BR, 2BA | $1.44 |
| Sherwood Forest Apartments | 1 | 2BR, 1.5BA | $1.84 |
| Golden Apartments | Two Bedroom | 2BR, 1BA | $1.61 |
| 3040 | 2BR/1.0BA | 2BR, 1BA | $1.80 |
| Traditions West | 1 Bedroom | 1BR, 1BA | $1.73 |
| Glen at Hidden Valley | 1 Bedroom 1 Bath - A1 | 1BR, 1BA | $2.11 |
| SC Sierra One | Yori One Bedroom | 1BR, 1BA | $1.85 |
| Brinkby Apartments | 1BR/1.0BA | 1BR, 1BA | $2.17 |
| Linden Apartments | 1b1 | 1BR, 1BA | $1.83 |
| Vintage at Sanctuary | 1 Bedroom | 1BR, 1BA | $1.84 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 LifestyleVirginia Lake, Reno, NV
Ranked #30
Among cities in Nevada for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,395.
What is the price of a cheap apartment in Virginia Lake?
The cheapest apartment in Virginia Lake is Vintage at Sanctuary which is listed at $939, while the average apartment in Virginia Lake costs $2,045.
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 3 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.