Reno, NV Rental Market Trends
Highlights
The average rent for an apartment in Reno is $1,136, a 3% increase compared to the previous year, when the average rent was $1,103.
Studio apartments in Reno rent for $665 a month, while 1-bedroom apartments ask on average $1,001 a month; the average rent for a 2-bedroom apartment is $1,219.
Average Rent in Reno, NV
Last updated Nov 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,136 | $665 | $1,001 | $1,219 | $1,540 |
| Y-o-Y Change | 3% | 5% | 2% | 3% | -1% |
| Average Apartment Size | 841 sq. ft. | 383 sq. ft. | 732 sq. ft. | 999 sq. ft. | 1,243 sq. ft. |
The average size for a Reno apartment is 841 square feet, but this number varies greatly depending on apartment type. A studio averages 383 sq. ft., while a one-bedroom apartment offers a more generous square footage: 732. 2-bedroom apartments in Reno have an average size of 999 sq. ft.
Reno, NV Apartment Rent Ranges
- < $5007%
- $501-$70062%
- $701-$1,00031%
Reno, NV Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Nov / 2018 | $1,136 | $665 | $1,001 | $1,219 | $1,540 |
| Jan / 2018 | $1,134 | $664 | $1,003 | $1,223 | $1,539 |
| Sept / 2017 | $1,123 | $654 | $1,003 | $1,208 | $1,543 |
| May / 2017 | $1,103 | $631 | $978 | $1,187 | $1,549 |
| Jan / 2017 | $1,028 | $599 | $907 | $1,111 | $1,426 |
| Sept / 2016 | $1,014 | $598 | $890 | $1,092 | $1,432 |
| May / 2016 | $980 | $572 | $852 | $1,059 | $1,409 |
| Jan / 2016 | $932 | $577 | $812 | $1,002 | $1,319 |
| Sept / 2015 | $918 | $553 | $795 | $989 | $1,333 |
| May / 2015 | $892 | $523 | $765 | $970 | $1,296 |
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Average Rent in Reno, NV By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Wells | $941 | $624 | $876 | $1,035 | $1,212 |
| Sierra Meadows | $941 | $624 | $876 | $1,035 | $1,212 |
| Sharon Hill | $941 | $624 | $876 | $1,035 | $1,212 |
| Rosewood Lakes | $941 | $624 | $876 | $1,035 | $1,212 |
| Reno - Tahoe International Airport | $941 | $624 | $876 | $1,035 | $1,212 |
| Hidden Valley Highlands | $941 | $624 | $876 | $1,035 | $1,212 |
| Hidden Valley | $941 | $624 | $876 | $1,035 | $1,212 |
| Hidden Meadows | $941 | $624 | $876 | $1,035 | $1,212 |
| Heron's Landing | $941 | $624 | $876 | $1,035 | $1,212 |
| Eastside Reno | $941 | $624 | $876 | $1,035 | $1,212 |
| East Peckham | $941 | $624 | $876 | $1,035 | $1,212 |
| Donner Springs | $941 | $624 | $876 | $1,035 | $1,212 |
| Brookside Lakes | $941 | $624 | $876 | $1,035 | $1,212 |
| Academy Manor | $941 | $624 | $876 | $1,035 | $1,212 |
| Bella Vista Village | $1,000 | $624 | $928 | $1,090 | $1,351 |
| Indian Colony | $1,001 | $601 | $885 | $1,078 | $1,372 |
| East Reno Heights | $1,014 | $730 | $926 | $1,121 | $1,414 |
| Midtown Reno | $1,015 | $679 | $998 | $1,123 | $1,321 |
| Downtown Reno | $1,018 | $710 | $929 | $1,127 | $1,595 |
| Truckee River Townhomes | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Sky Country Estates | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Sierra Vistas Villas of Reno | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Sierra Hills | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Shoreline Vistas | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Rancho San Rafael Park | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Chism | $1,023 | $755 | $789 | $1,139 | $1,876 |
| Truckee Park | $1,042 | $772 | $910 | $1,122 | $1,595 |
| Willowbrook | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Westpoint | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Westfiled Village | $1,053 | $805 | $976 | $1,116 | $1,321 |
| West Rose Park | $1,053 | $805 | $976 | $1,116 | $1,321 |
| West Plumb Lane Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Washoe County Golf Course | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Warren Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| The Village at Idlewild Park | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Stonebrook Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Southwest Terrace | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Southampton Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Skyline View | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Skyline Heights | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Skyline Crest | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Sierra View | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Sherwood Heights | $1,053 | $805 | $976 | $1,116 | $1,321 |
| River Run | $1,053 | $805 | $976 | $1,116 | $1,321 |
| River Mount Park | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Renada Crest | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Moana Park | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Mayberry Park | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Mayberry Meadows | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Manzanita Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Lakeside McCarran Peckham | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Lakeridge | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Greenridge | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Greenfield | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Glenwood Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Ferris | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Eastridge | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Country Club Acres | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Coronet | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Connolly | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Caughlin Crest | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Camelot Estates | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Bonaza | $1,053 | $805 | $976 | $1,116 | $1,321 |
| Southwest Reno | $1,062 | $689 | $956 | $1,154 | $1,356 |
| West University | $1,089 | $674 | $847 | $1,169 | $1,793 |
| Huffaker Park | $1,095 | $624 | $979 | $1,197 | $1,438 |
| Northeast Reno | $1,144 | $674 | $904 | $1,178 | $1,761 |
| Silverada | $1,155 | $575 | $926 | $1,194 | $1,726 |
| Monte Vista Village | $1,203 | $753 | $1,035 | $1,308 | $1,617 |
| Truckee River Highlands | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Suncrest | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Somerset | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Silverado Ranch Estates | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Sierra Highlands | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| River Park | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Northgate | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Granite Ridge | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Coit Heights | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Backer - Starcrest | $1,297 | $700 | $1,159 | $1,359 | $1,520 |
| Juniper Hills | $1,312 | $700 | $1,167 | $1,364 | $1,552 |
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The most affordable neighborhoods in Reno are Academy Manor, where the average rent goes for $941/month, Brookside Lakes, where renters pay $941/mo on average, and Donner Springs, where the average rent goes for $941/mo. If you’re looking for other great deals, check out the listings from East Peckham ($941), Eastside Reno ($941), and Heron's Landing ($941), where the asking prices are below the average Reno rent of $1,136/mo.
The most expensive neighborhoods in Reno are Suncrest ($1,297), Truckee River Highlands ($1,297) and Juniper Hills ($1,312).
Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 27% lower than in Backer - Starcrest
$941
Academy Manor rent is 17% lower than Reno average
| All rentals | $941 |
|---|---|
| Studio | $624 |
| 1 Bed | $876 |
| 2 Beds | $1,035 |
| 3 Beds | $1,212 |
$1,297
Backer - Starcrest rent is 14% higher than Reno average
| All rentals | $1,297 |
|---|---|
| Studio | $700 |
| 1 Bed | $1,159 |
| 2 Beds | $1,359 |
| 3 Beds | $1,520 |
How Does Reno Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Sparks | $1,209 | -3% |
| Sun Valley | $882 | -4% |
| Reno | $1,136 | 3% |
| D'Andrea Golf Club | $1,379 | -7% |
| Spanish Springs | $1,523 | -9% |
| Incline Village | $1,326 | 7% |
| Crystal Bay | $1,597 | 22% |
| Golden Valley | $1,269 | 2% |
For more information about the Reno rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- City Center Apartments - Reno
- Regency Park
- Sundance West
- The Bluffs
- Skyline Canyon Apartments
- Boulders
- Diamond Creek
- Village at Iron Blossom
- Manzanita Gate Apartment Homes
- Meadow Wood
- Edgewater at Virginia Lake
- Vizcaya Hilltop
- Aspen Ridge
- Vida Luxury Living
- The Village at Arrowcreek Parkway
- The Village South
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Reno apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.