Reno, NV Rental Market Trends
Highlights
The average rent for an apartment in Reno is $1,322, a 3% increase compared to the previous year.
Average Rent in Reno, NV
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,322 | 3% | 851 sq. ft. |
The average size for a Reno, NV apartment is 851 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Reno, NV Apartment Rent Ranges
- $501-$7004%
- $701-$1,00014%
- $1,001-$1,50057%
- $1,501-$2,00022%
- > $2,0003%
Reno, NV Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
45,880 or 44% of the households in Reno, NV are renter-occupied while 56,403 or 55% are owner-occupied.
Reno, NV Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reno, NV | $1,124 | $1,135 | $1,221 | $1,249 | $1,237 | $1,279 | $1,268 | $1,292 | $1,302 | $1,335 | $1,322 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Reno, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Ambrose Park | $1,678 |
| Carriage House | $1,678 |
| Caughlin Creek | $1,678 |
| Copper Point | $1,678 |
| Curti Ranch | $1,678 |
| Damonte Ranch | $1,678 |
| Double Diamond | $1,678 |
| Eagles Nest | $1,678 |
| Edgewater | $1,678 |
| Evans Creek Estates | $1,678 |
| Evergreen | $1,678 |
| Golden Hills | $1,678 |
| Lakeridge Shores | $1,678 |
| Lakeridge Springs | $1,678 |
| Village Green | $1,678 |
| Virginia Foothills | $1,678 |
| Southeast Reno | $1,585 |
| Arrow Creek | $1,559 |
| Bartley Ranch | $1,559 |
| Casazza Ranch | $1,559 |
| Crystal Lake | $1,559 |
| Diamond | $1,559 |
| Fairview Farms | $1,559 |
| Fieldcreek Ranch | $1,559 |
| Frost Ranches | $1,559 |
| Galena Terrace | $1,559 |
| Huffaker Hills | $1,559 |
| Lewis Lakeside | $1,559 |
| Meadow Creek Estates | $1,559 |
| Pecetti Ranch | $1,559 |
| Ridgeview | $1,559 |
| Saddlehorn | $1,559 |
| Sierra Manor | $1,559 |
| South Hills | $1,559 |
| Southwest Vistas | $1,559 |
| Sterling Ranch | $1,559 |
| Thomas Creek Estates | $1,559 |
| Whites Creek | $1,559 |
| Juniper Hills | $1,506 |
| Backer - Starcrest | $1,474 |
| Coit Heights | $1,474 |
| Granite Ridge | $1,474 |
| Northgate | $1,474 |
| River Park | $1,474 |
| Sierra Highlands | $1,474 |
| Silverado Ranch Estates | $1,474 |
| Somerset | $1,474 |
| Suncrest | $1,474 |
| Truckee River Highlands | $1,474 |
| Granite Hills | $1,469 |
| Hazelcrest | $1,469 |
| Horizon Hills | $1,469 |
| Mayors Park | $1,469 |
| North Valleys Regional Park | $1,469 |
| Panther Valley | $1,469 |
| Peavine Estates | $1,469 |
| Raleigh Heights | $1,469 |
| Reno Stead Airport | $1,469 |
| Sierra Sage Golf Course | $1,469 |
| Sierra View Estates | $1,469 |
| Silver Lake | $1,469 |
| Silver Shores | $1,469 |
| Silver Terrace | $1,469 |
| Sky Vista Village | $1,469 |
| Stonefield | $1,469 |
| The Ridge at North Valley Hills | $1,469 |
| Silverada | $1,367 |
| Monte Vista Village | $1,364 |
| Northeast Reno | $1,338 |
| Huffaker Park | $1,335 |
| Southwest Reno | $1,280 |
| West University | $1,258 |
| Bonaza | $1,242 |
| Camelot Estates | $1,242 |
| Caughlin Crest | $1,242 |
| Connolly | $1,242 |
| Coronet | $1,242 |
| Country Club Acres | $1,242 |
| Eastridge | $1,242 |
| Ferris | $1,242 |
| Glenwood Estates | $1,242 |
| Greenfield | $1,242 |
| Greenridge | $1,242 |
| Lakeridge | $1,242 |
| Lakeside McCarran Peckham | $1,242 |
| Manzanita Estates | $1,242 |
| Mayberry Meadows | $1,242 |
| Mayberry Park | $1,242 |
| Moana Park | $1,242 |
| Renada Crest | $1,242 |
| River Mount Park | $1,242 |
| River Run | $1,242 |
| Sherwood Heights | $1,242 |
| Sierra View | $1,242 |
| Skyline Crest | $1,242 |
| Skyline Heights | $1,242 |
| Skyline View | $1,242 |
| Southampton Estates | $1,242 |
| Southwest Terrace | $1,242 |
| Stonebrook Estates | $1,242 |
| The Village at Idlewild Park | $1,242 |
| Warren Estates | $1,242 |
| Washoe County Golf Course | $1,242 |
| West Plumb Lane Estates | $1,242 |
| West Rose Park | $1,242 |
| Westfiled Village | $1,242 |
| Westpoint | $1,242 |
| Willowbrook | $1,242 |
| Truckee Park | $1,211 |
| Bella Vista Village | $1,211 |
| East Reno Heights | $1,210 |
| Midtown Reno | $1,202 |
| Indian Colony | $1,191 |
| Downtown Reno | $1,189 |
| Chism | $1,162 |
| Rancho San Rafael Park | $1,162 |
| Shoreline Vistas | $1,162 |
| Sierra Hills | $1,162 |
| Sierra Vistas Villas of Reno | $1,162 |
| Sky Country Estates | $1,162 |
| Truckee River Townhomes | $1,162 |
| Academy Manor | $1,122 |
| Brookside Lakes | $1,122 |
| Donner Springs | $1,122 |
| East Peckham | $1,122 |
| Eastside Reno | $1,122 |
| Heron's Landing | $1,122 |
| Hidden Meadows | $1,122 |
| Hidden Valley | $1,122 |
| Hidden Valley Highlands | $1,122 |
| Reno - Tahoe International Airport | $1,122 |
| Rosewood Lakes | $1,122 |
| Sharon Hill | $1,122 |
| Sierra Meadows | $1,122 |
| Wells | $1,122 |
The most affordable neighborhoods in Reno are Academy Manor, where the average rent goes for $1,122/month, Brookside Lakes, where renters pay $1,122/mo on average, and Donner Springs, where the average rent goes for $1,122/mo. If you’re looking for other great deals, check out the listings from East Peckham ($1,122), Eastside Reno ($1,122), and Heron's Landing ($1,122), where the asking prices are below the average Reno rent of $1,322/mo.
The most expensive neighborhoods in Reno are Lakeridge Springs ($1,678), Village Green ($1,678) and Virginia Foothills ($1,678).
The most popular neighborhood in Reno is East Peckham, where there are 13 verified RENTCafé listings with an average rent of $1,122. Next up is Northeast Reno, where apartments go for $1,338/month, followed by West University with $1,258 If you’re looking to rent in Reno’s most popular neighborhoods, make sure to also check out Downtown Reno, where renters pay $1,189 on average, and Country Club Acres, where the average monthly rent is $1,242.
Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 33% lower than in Ambrose Park
Academy Manor rent is 15% lower than Reno average
| Average Rent | $1,122 |
|---|
Ambrose Park rent is 27% higher than Reno average
| Average Rent | $1,678 |
|---|
How Reno Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Las Vegas | $1,152 | 4% |
| Reno | $1,322 | 3% |
| North Las Vegas | $1,212 | 8% |
| Henderson | $1,361 | 3% |
| Sparks | $1,441 | 4% |
| Carson City | $1,136 | 6% |
| D'Andrea Golf Club | $1,622 | 6% |
| Incline Village | $1,555 | 11% |
| Spanish Springs | $1,745 | 6% |
| Sun Valley | $1,069 | 2% |
For more information about the Reno rental trends, check out our monthly rent report
Check out Nevada Cities, Nevada Neighborhoods and Nevada Zip Codes for more details on verified listings, including the Nevada Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!