
Cheap Apartments for Rent in the Ward 3 Neighborhood of Reno, NV from $531 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ward 3 area of Reno.


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The Villager Studio Apartments

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The Rivet

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Tamarus Park II

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The Loft Apartments

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Golden Apartments

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Arrowleaf Apartments

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Pinyon Apartments

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Regency Park

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ParcOne60
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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Mountain View Apartments

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Riverside Park Apartments

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Brooktree Apartments

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Peaks at the Park

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217 E Taylor St

4035 Shinners Pl

822 Holcomb Ave

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Park On Virginia

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Rosewood Park Apartments

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Kirman Garden
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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Traditions West

361 Gould St

The Plaza at 4th Street Apartments

Hubbard Garden Apartments

651 Elko Ave Reno, NV 89512

Locust Apartments

Locust Street Apartments

Vintage at Sanctuary

The Point Midtown

929 Willow St. Reno NV 89502
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.

Grove Manor

496 Highland Ave

Park Willow Apartments

1680 Mill Street

Park Villa

1800 On Purdue

Palace Apartments

Montara Apartments

the Habitat Flats

Ala Moana Apartments
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.

485 LINDEN

SPOKANE 642

LOCUST CANYON APARTMENTS

The Lotus at Midtown

300 Holcomb

Lakeside Village Apartments

Thoma Street Apartments

Linden Apartments

Virginia Lake South Apartments

Kramer's Midtown Studios
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.
Ward 3, Reno, NV Local Guide

How much does it cost to rent an apartment in Ward 3?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ward 3 Studio Apartments | $1,361 | $740 | $3,551 |
| Ward 3 1 Bedroom Apartments | $1,802 | $959 | $4,508 |
| Ward 3 2 Bedroom Apartments | $1,954 | $968 | $4,432 |
| Ward 3 3 Bedroom Apartments | $1,938 | $1,574 | $3,659 |
| Ward 3 4 Bedroom Apartments | $6,461 | $6,461 | $6,461 |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Ward 3 Neighborhood of Reno, NV.
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Ward 3, Reno, NV Local Guide
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Cheapest Available Ward 3 Apartments for Rent
 The cheapest available apartment rental in the Ward 3 area of Reno, NV is a Studio unit found at Colony Studios & Apartments priced from $740. The Rivet has the second lowest priced unit, which is a Studio apartment currently listed from $807. Here are the most affordable Ward 3 apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Rivet | Studio Small | Studio,1BA | $807 |
| Tamarus Park II | Studio, 1 Bathroom | Studio,1BA | $890 |
| Vintage at Sanctuary | 1 Bedroom | 1BR,1BA | $939 |
| 929 Willow St. Reno NV 89502 | 1BR/1.0BA | 1BR,1BA | $950 |
| Big Horn Apartments | Unit 3201 | Studio,1BA | $968 |
| Park Willow Apartments | Unit 211 | Studio,1BA | $993 |
| Park Villa | Studio | Studio,1BA | $995 |
| ParcOne60 | 0BD, 1BTH | Studio,1BA | $1,065 |
| SPOKANE 642 | 1BR/1.0BA | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Ward 3, NV
As of September 10, 2026 the best value apartment in the Ward 3 area is the $1.67 price per square foot Plan B Model at SPRING VILLAS APARTMENTS in the in the The Foothills at Wingfield Springs : Estrella neighborhood starting from $2,176. The second greatest value Ward 3 apartment is the Truckee Model at 2300 West starting at $2,205 with a $1.84 price per square foot in the Ward 3 neighborhood. Here is today’s list of the best values for Ward 3 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SPRING VILLAS APARTMENTS | Plan B | 2BR,2BA | $1.67 |
| 2300 West | Truckee | 3BR,2BA | $1.84 |
| Harvard Apartments | 2x1 | 2BR,1BA | $1.58 |
| Sherwood Forest Apartments | 3 | 2BR,1.5BA | $1.67 |
| Golden Apartments | Two Bedroom | 2BR,1BA | $1.61 |
| Tamarus Park II | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.32 |
| Traditions West | 1 Bedroom | 1BR,1BA | $1.73 |
| SPOKANE 642 | 1BR/1.0BA | 1BR,1BA | $1.54 |
| Park Willow Apartments | Unit 211 | Studio ,1BA | $1.54 |
| Linden Apartments | 1b1 | 1BR,1BA | $1.83 |
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.
Best Local Schools in Ward 3, Reno, NV
Roger Corbett Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Nevada including Ward 3, Reno, and the greater Reno area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Ward 3 Apartments
What is a cheap apartment in Ward 3?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ward 3 is under $1,075.
What is the price of a cheap apartment in Ward 3?
The cheapest apartment in Ward 3 is Vintage at Sanctuary which is listed at $939, while the average apartment in Ward 3 costs $1,656.
What types of apartments are the cheapest in Ward 3?
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 Ward 3 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 Ward 3?
Cheap apartments in Ward 3 have an average cost of $275 which is $1,381 cheaper than the average rent for all rentals in Ward 3.
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.

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.

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.