
Cheap Apartments for Rent in the Ward 3 Neighborhood of Reno, NV from $500 (113 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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Colony Studios & Apartments

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The Rivet

760 Moran St

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The Loft Apartments

860 Quincy St

Golden Apartments

Pinyon Apartments

1800 On Purdue
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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Palace Apartments

Riverside Park Apartments

ParcOne60

3635 Kindred Ave

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Creekside Apartments

Mountain View Apartments

Regency Park

331 Broadway Blvd

344 Thoma St

1037 Parkview St
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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Brooktree Apartments

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Peaks at the Park

217 E Taylor St

954 Berrum Ln, Unit 5

520 Locust St

Rosewood Park Apartments

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Kirman Garden

Traditions West

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2300 West

Harvard 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.

320 Grand Canyon

Moran Apartments

360 Wheeler Ave

1132 Parkview Street

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The Print Shop Lofts

Mountain Vista Apartments

The Plaza at 4th Street Apartments

Hubbard Garden Apartments

Locust Apartments

Locust Street 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.

VINTAGE AT SANCTUARY

The Point Midtown

Grove Manor

Park Willow Apartments

1680 Mill Street

Montara Apartments

Habitat Flats

Ala Moana Apartments

Capitol Hill Midtown Apartments

LOCUST 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.
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 | $1,419 | $725 | $3,812 |
| Ward 3 1 Bedroom Apartments | $1,814 | $599 | $4,516 |
| Ward 3 2 Bedroom Apartments | $1,928 | $1,100 | $4,215 |
| Ward 3 3 Bedroom Apartments | $1,899 | $1,275 | $3,644 |
| Ward 3 4 Bedroom Apartments | $7,595 | $7,595 | $7,595 |
Browse Apartments in this Neighborhood
There are currently 113 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 1 Bed unit found at Park On Virginia priced from $599. Colony Studios & Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Ward 3 apartments for rent in Reno, NV:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park On Virginia | 1 Bed 1 Bath | 1BR,1BA | $599 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Villager Studio Apartments | Studio | Studio,1BA | $765 |
| The Rivet | Studio Small | Studio,1BA | $823 |
| Big Horn Apartments | Unit 1306 | 1BR,1BA | $905 |
| VINTAGE AT SANCTUARY | 1 Bedroom | 1BR,1BA | $939 |
| ParcOne60 | Studio | Studio,1BA | $1,095 |
| Linden Apartments | 1b1 | 1BR,1BA | $1,100 |
| Mountain View Apartments | Furnished Studio | Studio,1BA | $1,125 |
| Palace Apartments | 1x1 - 490 - 600 | 1BR,1BA | $1,174 |
Best Value Apartments for Rent in Ward 3, NV
As of July 21, 2026 the best value apartment in the Ward 3 area is the $1.61 price per square foot Plan B Model at SPRING VILLAS APARTMENTS in the in the The Foothills at Wingfield Springs : Estrella neighborhood starting from $2,098. The second greatest value Ward 3 apartment is the 2 Bed 2 Bath Model at Park On Virginia starting at $1,421 with a $1.44 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 | $1.61 |
| Park On Virginia | 2 Bed 2 Bath | 2BR,2BA | $1.44 |
| Harvard Apartments | 2x1 | 2BR,1BA | $1.58 |
| Sherwood Forest Apartments | 1 | 2BR,1.5BA | $1.78 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Mountain Vista Apartments | 2x1 Remodeled | 2BR,1BA | $1.78 |
| Golden Apartments | Two Bedroom | 2BR,1BA | $1.61 |
| Big Horn Apartments | Unit 1306 | 1BR,1BA | $1.39 |
| 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 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 $1,174.
What is the price of a cheap apartment in Ward 3?
The cheapest apartment in Ward 3 is Park On Virginia which is listed at $599, while the average apartment in Ward 3 costs $5,193.
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 7 regular apartments in Ward 3 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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.