
Cheap Apartments for Rent in the Ward 3 Neighborhood of Reno, NV from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Ward 3 area of Reno.


Total Monthly Price
Colony Studios & Apartments

Total Monthly Price
The Rivet

Total Monthly Price
The Loft Apartments

Golden Apartments

1800 On Purdue

Total Monthly Price
Palace Apartments

901 Virbel Ln

Park On Virginia
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.

ParcOne60

1630 Lewis St

Total Monthly Price
645 Colorado River Blvd, Unit C

1060 Wilson Ave

Total Monthly Price
Creekside Apartments

Riverside Park Apartments

The Plaza at 4th Street Apartments

Hubbard Garden Apartments

Locust Street Apartments
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.

The Point Midtown

VINTAGE AT SANCTUARY

Park Willow Apartments

Grove Manor

1680 Mill Street

Montara Apartments

Habitat Flats

Ala Moana Apartments

Lakeside Village Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Capitol Hill Midtown Apartments

Mill Street Apartments

Grand Canyon Apartments

LOCUST CANYON APARTMENTS

The Lotus at Midtown

300 Holcomb

Kramer's Midtown Studios

Thoma Street Apartments

Linden Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Virginia Lake South Apartments

1440 Victorian Ave

1837 C St

Prater Way Apartments

Sierra Crest

The Sparks Studios

Colonial Court Apartments

304 Victorian Ave

1600 I St
Navigating 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.
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 | $1,385 | $725 | $2,057 |
| Ward 3 1 Bedroom Apartments | $1,872 | $959 | $2,939 |
| Ward 3 2 Bedroom Apartments | $1,928 | $1,050 | $3,458 |
| Ward 3 3 Bedroom Apartments | $2,244 | $1,375 | $3,662 |
| Ward 3 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Ward 3 Neighborhood of Reno, NV.
See all Apartments in RenoExplore Reno
Ward 3, Reno, NV Local Guide
- Nearby Reno neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 The Villager Studio Apartments priced from $725. 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 |
|---|---|---|---|
| The Villager Studio Apartments | Studio | Studio,1BA | $725 |
| Colony Studios & Apartments | Renovated Dorm Style Studio | Studio,1BA | $740 |
| The Rivet | Studio Small | Studio,1BA | $937 |
| VINTAGE AT SANCTUARY | 1 Bedroom | 1BR,1BA | $939 |
| Park Willow Apartments | Unit 305 | Studio,1BA | $955 |
| Park On Virginia | 1 Bed 1 Bath | 1BR,1BA | $1,058 |
| ParcOne60 | Studio | Studio,1BA | $1,065 |
| Linden Apartments | 1b1 | 1BR,1BA | $1,100 |
| Creekside Apartments | One Bedroom One Bath | 1BR,1BA | $1,100 |
| Riverside Park Apartments | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Ward 3, NV
As of January 20, 2026 the best value apartment in the Ward 3 area is the $1.47 price per square foot Plan A Model at SPRING VILLAS APARTMENTS in the in the The Foothills at Wingfield Springs : Estrella neighborhood starting from $1,910. The second greatest value Ward 3 apartment is the 1 Model at Sherwood Forest Apartments starting at $1,595 with a $1.78 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 A | 1BR,2BA | $1.47 |
| Sherwood Forest Apartments | 1 | 2BR,1.5BA | $1.78 |
| 1800 On Purdue | 2 bedroom 1 bath | 2BR,1BA | $1.65 |
| Mountain Vista Apartments | Spacious 2 bed 1 bath remodeled homes at Mounta... | 2BR,1BA | $1.77 |
| Golden Apartments | Two Bedroom | 2BR,1BA | $1.61 |
| Creekside Apartments | One Bedroom One Bath | 1BR,1BA | $1.53 |
| 645 Colorado River Blvd, Unit C | 645 Colorado River Blvd | 1BR,1BA | $1.69 |
| Park On Virginia | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
| Park Willow Apartments | Unit 305 | Studio ,1BA | $1.47 |
| 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 $1,100.
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 $1,905.
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 24 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 $236 which is $1,669 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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!