Reno, NV Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Reno is $1,735, a 2.88% increase compared to the previous year, when the average rent was $1,686.
Studio Apartments at $1,144 offer the most budget-friendly option with 379 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 707 square feet for $1,508, balancing privacy and affordability.
Two-beedroom units at $1,818 offer 1,000 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,280 sq ft) for $2,326, suitable for larger households.
Average rent in Reno, NV
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,735 | 876 sq. ft. |
| Studio | $1,144 | 379 sq. ft. |
| 1 Bed | $1,508 | 707 sq. ft. |
| 2 Beds | $1,818 | 1,000 sq. ft. |
| 3 Beds | $2,326 | 1,280 sq. ft. |
Reno, NV rent trends
Rental prices in Reno, NV have increased by 2.88% over the past year. The average rent moved from $1,686 to $1,735.
What's the typical rent budget in Reno, NV?
The largest share of rentals in Reno, NV (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Reno, NV?
56,727 or 51% of the households in Reno, NV are renter-occupied while 55,334 or 49% are owner-occupied.
Most affordable neighborhoods in Reno?
Academy Manor $1,026/month
Wells $1,324/month
East Peckham $1,353/month
All of these neighborhoods fall below the city wide average of $1,735/month.Most expensive neighborhoods in Reno?
Copper Point $1,911/month
Southeast Reno $2,077/month
West University $2,254/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Reno, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West University | $2,254 |
| Southeast Reno | $2,077 |
| Copper Point | $1,911 |
| Northgate | $1,884 |
| Monte Vista Village | $1,840 |
| Sierra Meadows | $1,769 |
| Huffaker Park | $1,764 |
| Northeast Reno | $1,757 |
| Sky Vista Village | $1,732 |
| Southwest Reno | $1,729 |
| The Village at Idlewild Park | $1,713 |
| Huffaker Hills | $1,620 |
| Silverada | $1,558 |
| Coit Heights | $1,471 |
| Country Club Acres | $1,454 |
| Downtown Reno | $1,447 |
| East Peckham | $1,353 |
| Wells | $1,324 |
| Academy Manor | $1,026 |
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Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 30% lower than in Coit Heights
$1,026
Academy Manor rent is 41% lower than Reno average
Average Rent
$1,026
$1,471
Coit Heights rent is 15% lower than Reno average
Average Rent
$1,471
How Reno Compares to Other Cities
| City | Average Rent |
|---|---|
| Reno | $1,735 |
| Las Vegas | $1,453 |
| Henderson | $1,650 |
| North Las Vegas | $1,609 |
| Sparks | $1,782 |
| Carson City | $1,539 |
| Mesquite | $1,173 |
| Boulder City | $1,304 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Reno apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.