Cheap Apartments for Rent in Reno, NV from $400 (135 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Reno.

Reno, NV Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Reno, NV

Pricing Updated: 03/08/2025

Current apartment rentals in the Reno, NV area range in price from $499 to $5,654 with an overall median price of $2,239. The three Reno neighborhoods with the lowest median rent pricing are Plumas at $1,000, Outer University at $499, and Dandini Regional Center at $499. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Reno Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Plumas$1,720$1,000536
Outer University$1,780$49911128
Dandini Regional Center$1,832$4998679
West University$1,848$6357080
Mountain View Estates$1,858$4998187
Northeast Reno$1,858$7897160
North Valleys$1,880$49920998
Outer North Valleys$1,880$49920998
Silverado Ranch Estates$1,954$809934
Northwest Reno$1,959$8602005

Cheapest Available Reno Apartments for Rent

 

The cheapest available apartment rental in Reno, NV is a 1 Bed unit found at Banbridge in the North Valleys neighborhood priced from $498. 400UT in the West University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Reno apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Banbridge1 BED1BR,1BA$498
400UT1BR/1.0BA1BR,1BA$695
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$699
Fifteen514x3 BTS4BR,3BA$700
The Villager Studio ApartmentsStudioStudio,1BA$725
The Ridge at Sun Valley1x11BR,1BA$793
The RivetStudio SmallStudio,1BA$797
Park Place at Reno4x44BR,4BA$799
Sarrazin Arms Apartments0x1Studio,1BA$850
Zephyr Pointe1 Bed 1 Bath1BR,1BA$860

Best Value Apartments for Rent in Reno, NV

As of March 08, 2025 the best value apartment in the Reno area is the $1.19 price per square foot 3591 Pinot Noir Dr Model at 3591 Pinot Noir Dr in the in the Caughlin Ranch neighborhood starting from $4,995. The second greatest value Reno apartment is the 475 Talus Way Model at 475 Talus Way starting at $2,399 with a $1.25 price per square foot in the West University neighborhood. Here is today’s list of the best values for Reno apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3591 Pinot Noir Dr3591 Pinot Noir Dr5BR,4.5BA$1.19
475 Talus Way475 Talus Way4BR,2BA$1.25
The Highlands4X24BR,2BA$0.59
Zephyr Pointe2 Bed 2 Bath2BR,2BA$1.28
Westwood Sierra Apartments2 Bed 2 Bath2BR,2BA$1.33
Idlewild2x22BR,2BA$1.31
The RepublicB1A2BR,2BA$0.89
Whittell Pointe I and II1 Bed 1 Bath1BR,1BA$1.26
The Ridge at Sun Valley1x11BR,1BA$1.19
Banbridge1 BED1BR,1BA$0.84

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.

decorative image of people with a giant lease agreement

Reno Overview

A vibrant city that provides numerous cultural events and sporting events to check out throughout the year along with the iconic casinos, nightlife, entertainment and much, much more, Reno, NV is a fantastic place to live. This Nevada staples is a haven for those who prefer non-rainy days. There is little precipitation, and those who enjoy the outdoors can transition from water skis to snow skis as the seasons change.

Why live in Reno, NV?

Reno caters to as many interests as it has kinds of residents. Those who enjoy music can visit the Reno Philharmonic Orchestra and the Reno Pops Orchestra as well as the iconic Burning Man Festival. Theater goers can enjoy the Pioneer Center for Performing Arts and the Good Luck Macbeth Theatre Company. Sports fans can enjoy a range of activitieis ranging from minor league baseball to indoor hockey as well as amateur boxing and professional golf.

Pet Friendly Lifestyle
Reno, NV

Ranked #4

Among cities in Nevada for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Reno, NV Rentals by Map

View MapReno, NV Apartments MapView MapReno, NV Rental Homes Map

Getting Around Reno, NV

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Reno Apartments

What is the Cheapest Studio apartment in Reno?

Currently the most affordable Cheap Studio Apartment in Reno is at Colony Studios & Apartments listed at $699.

How much is rent for a Cheap One Bedroom Reno Apartment?

The lowest price for a Cheap One Bedroom Reno Apartment is $498 at Banbridge.

What is the lowest price for a Cheap Two Bedroom Reno Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Reno is starting from $592 at Banbridge.

What is the most affordable Reno Three Bedroom Apartment?

The best deal on a cheap Reno Three Bedroom Apartment rental is at Park Place at Reno and starts from $915.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.