Cheap Homes for Rent in Downtown Reno Neighborhood of Reno, NV from $1,000 (13 Rentals)

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Cheap Homes in the Downtown Reno area of Reno.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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$850

Best Value Apartments for Rent in Downtown Reno, NV

As of May 03, 2025 the best value apartment in the Downtown Reno area is the $1.87 price per square foot 2x2 A Model at oneR midTown in the in the North Valleys neighborhood starting from $2,085. The second greatest value Downtown Reno apartment is the Two Bedroom TH Model at Riverside Park Apartments starting at $1,795 with a $1.76 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.
oneR midTown2x2 A2BR,2BA$1.87
Riverside Park ApartmentsTwo Bedroom TH2BR,2BA$1.76
The Park at Idlewild3 Bed 2 Bath Renovated3BR,2BA$2.07
Idlewild2x22BR,2BA$1.31
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
Nevada Hills Apartments1 Bed, 1 bath1BR,1BA$2.00
JONES 11400BR/1.0BAStudio ,1BA$1.70

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Frequently Asked Questions about Downtown Reno

What type of rentals are currently available in Downtown Reno?

There are currently 517 Apartments for Rent in Downtown Reno, NV with pricing that ranges from $525 to $3,244. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Reno ranging from $1,025 to $4,500.

What is the current price range for Rental Homes in Downtown Reno?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Reno ranges from $1,025 to $4,500 with an average monthly rent of $2,036.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and 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.