Cheap Apartments for Rent in the Downtown Reno Neighborhood of Reno, NV from $400 (31 Rentals)

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

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The Westlyn
Studio to 1 Bedroom Apartments

The Westlyn

118 West StReno, NV 89501
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400UT
1 Bedroom Apartments

400UT

400 University TerReno, NV 89503
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1247 W 1st St
1 Bedroom Apartments

1247 W 1st St

1247 W 1st StReno, NV 89503
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JONES 1140
Studio to 1 Bedroom Apartments

JONES 1140

1140 Jones StReno, NV 89503
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The Onyx at 695
Studio to 1 Bedroom Apartments

The Onyx at 695

695 W 3rd StReno, NV 89503
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Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
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ParcOne60
Studio to 1 Bedroom Apartments

ParcOne60

160 Sinclair StReno, NV 89501
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Renova Flats
Studio Apartments

Renova Flats

525 W 4th StReno, NV 89503
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Showing Results 1-31, Page 1 of 1

Downtown Reno, Reno, NV Local Guide

Cheapest Available Downtown Reno Apartments for Rent

 

The cheapest available apartment rental in the Downtown Reno area of Reno, NV is a 1 Bed unit found at 400UT priced from $695. Colony Studios & Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown Reno apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
400UT1BR/1.0BA1BR,1BA$695
Colony Studios & ApartmentsRenovated Dorm Style StudioStudio,1BA$699
The RivetStudio SmallStudio,1BA$813
Sarrazin Arms Apartments0x1Studio,1BA$850
JONES 11400BR/1.0BAStudio,1BA$875
The Point West UniversityStudioStudio,1BA$899
The Onyx at 695Studio AStudio,1BA$915
ParcOne60StudioStudio,1BA$935
Reno RegencyStudioStudio,1BA$954
1800 On Purdue1 bedroom 1 bath1BR,1BA$999

Best Value Apartments for Rent in Downtown Reno, NV

As of April 15, 2025 the best value apartment in the Downtown Reno area is the $1.31 price per square foot 2x2 Model at Idlewild in the in the North Valleys neighborhood starting from $1,245. The second greatest value Downtown Reno apartment is the 2 Bed 1 Bath Model at The Park at Idlewild starting at $1,635 with a $1.87 price per square foot in the North Valleys neighborhood. Here is today’s list of the best values for Downtown Reno apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Idlewild2x22BR,2BA$1.31
The Park at Idlewild2 Bed 1 Bath2BR,1BA$1.87
1800 On Purdue2 bedroom 1 bath2BR,1BA$1.65
Regina Marie Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.63
Moran ApartmentsMoran2BR,1BA$1.95
Royal Oak Apartments1 bedroom1BR,1BA$2.00
Kirman Garden1 Bdr 1 Bath1BR,1BA$1.92
Nevada Hills Apartments1 Bed, 1 bath1BR,1BA$2.00
Loomis Manor0BR/1.0BAStudio ,1BA$2.10
JONES 11400BR/1.0BAStudio ,1BA$1.84

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Reno, Reno, NV

Ranked #12

Among neighborhoods in Reno, NV for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Reno, Reno, NV

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Reno. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Reno Apartments

What is a cheap apartment in Downtown Reno?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Reno is under $999.

What is the price of a cheap apartment in Downtown Reno?

The cheapest apartment in Downtown Reno is 400UT which is listed at $695, while the average apartment in Downtown Reno costs $2,200.

What types of apartments are the cheapest in Downtown Reno?

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 9 regular apartments in Downtown Reno that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.