Cheap Apartments for Rent in the Riverwalk Neighborhood of Reno, NV from $400 (22 Rentals)

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

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.

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The Westlyn
Studio to 1 Bedroom Apartments

The Westlyn

118 West StReno, NV 89501
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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
  • Utilities Included

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.

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Stone Creek Apartments
Studio to 1 Bedroom Apartments

Stone Creek Apartments

1250 W 2nd StReno, NV 89503
  • Utilities Included
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Renova Flats
Studio Apartments

Renova Flats

525 W 4th StReno, NV 89503
  • Utilities Included
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Habitat Flats
Studio Apartments

Habitat Flats

72 High StReno, NV 89502
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Midtown Manor
1 Bedroom Apartments

Midtown Manor

645 S Virginia StReno, NV 89501
  • Utilities Included
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300 Holcomb
Studio to 1 Bedroom Apartments

300 Holcomb

300 Holcomb AveReno, NV 89502
  • Utilities Included

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Riverwalk, Reno, NV Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of Reno, NV is a 1 Bed unit found at Sarrazin Arms Apartments priced from $525. JONES 1140 has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Riverwalk apartments for rent in Reno, NV:

Apartment ListingModel NameBed/BathPriced From
Sarrazin Arms Apartments1x11BR,1BA$525
JONES 11400BR/1.0BAStudio,1BA$850
The Onyx at 695Studio AStudio,1BA$995
ParcOne60StudioStudio,1BA$1,035
Vintage at Washington StationStudioStudio,1BA$1,161

Best Value Apartments for Rent in Riverwalk, NV

As of May 17, 2025 the best value apartment in the Riverwalk area is the $1.94 price per square foot Town Home w/Attached Garage Model at Apex at Sky Valley in the in the West University neighborhood starting from $2,205. The second greatest value Riverwalk apartment is the Two Bedroom TH Model at Riverside Park Apartments starting at $1,825 with a $1.79 price per square foot in the North Valleys neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Apex at Sky ValleyTown Home w/Attached Garage3BR,2BA$1.94
Riverside Park ApartmentsTwo Bedroom TH2BR,2BA$1.79
The View Luxury ApartmentsBristol1BR,1BA$1.75
EDGEWATER AT VIRGINIA LAKEThe Willow2BR,1BA$1.99
Reno Vista2 BEDROOM 1 BATH B2BR,1BA$1.76
The Overlook at Keystone CanyonThe Sunrise1BR,1BA$2.28
Regina Marie Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.63
Mod at Riverwalk II1 Bedroom 1 Bathroom - A1BR,1BA$2.31
307 Pine Street2BR/1.5BA2BR,1.5BA$2.28
JONES 11400BR/1.0BAStudio ,1BA$1.70

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Pet Friendly Lifestyle
Riverwalk, Reno, NV

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Reno. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Riverwalk Neighborhood in Reno, NV

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

56 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Riverwalk Apartments

What is a cheap apartment in Riverwalk?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverwalk is under $1,430.

What is the price of a cheap apartment in Riverwalk?

The cheapest apartment in Riverwalk is Sarrazin Arms Apartments which is listed at $525, while the average apartment in Riverwalk costs $2,305.

What types of apartments are the cheapest in Riverwalk?

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 11 regular apartments in Riverwalk 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 Riverwalk?

Cheap apartments in Riverwalk have an average cost of $159 which is $2,146 cheaper than the average rent for all rentals in Riverwalk.

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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