Reno, NV Rental Market Trends
Highlights
The average rent for an apartment in Reno is $1,123, a 11% increase compared to the previous year, when the average rent was $1,014.
Studio apartments in Reno rent for $654 a month, while 1-bedroom apartments ask on average $1,003 a month; the average rent for a 2-bedroom apartment is $1,208.
Average Rent in Reno, NV
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,123 | $654 | $1,003 | $1,208 | $1,543 |
| Y-o-Y Change | 11% | 9% | 13% | 11% | 8% |
| Average Apartment Size | 831 sq. ft. | 380 sq. ft. | 732 sq. ft. | 989 sq. ft. | 1,239 sq. ft. |
The average size for a Reno apartment is 831 square feet, but this number varies greatly depending on apartment type. A studio averages 380 sq. ft., while a one-bedroom apartment offers a more generous square footage: 732. 2-bedroom apartments in Reno have an average size of 989 sq. ft.
Reno, NV Apartment Rent Ranges
- < $5001%
- $501-$70010%
- $701-$1,00034%
- $1,001-$1,50043%
- $1,501-$2,00011%
- > $2,0001%
Reno, NV Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $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 |
| Jan / 2015 | $852 | $526 | $735 | $923 | $1,222 |
/
Average Rent in Reno, NV By Neighborhood
/
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Wells | $915 | $610 | $852 | $1,004 | $1,213 |
| Sierra Meadows | $915 | $610 | $852 | $1,004 | $1,213 |
| Sharon Hill | $915 | $610 | $852 | $1,004 | $1,213 |
| Rosewood Lakes | $915 | $610 | $852 | $1,004 | $1,213 |
| Reno - Tahoe International Airport | $915 | $610 | $852 | $1,004 | $1,213 |
| Hidden Valley Highlands | $915 | $610 | $852 | $1,004 | $1,213 |
| Hidden Valley | $915 | $610 | $852 | $1,004 | $1,213 |
| Hidden Meadows | $915 | $610 | $852 | $1,004 | $1,213 |
| Heron's Landing | $915 | $610 | $852 | $1,004 | $1,213 |
| Eastside Reno | $915 | $610 | $852 | $1,004 | $1,213 |
| East Peckham | $915 | $610 | $852 | $1,004 | $1,213 |
| Donner Springs | $915 | $610 | $852 | $1,004 | $1,213 |
| Brookside Lakes | $915 | $610 | $852 | $1,004 | $1,213 |
| Academy Manor | $915 | $610 | $852 | $1,004 | $1,213 |
| Indian Colony | $972 | $583 | $863 | $1,056 | $1,340 |
| Truckee River Townhomes | $980 | $740 | $867 | $1,143 | $1,840 |
| Sky Country Estates | $980 | $740 | $867 | $1,143 | $1,840 |
| Sierra Vistas Villas of Reno | $980 | $740 | $867 | $1,143 | $1,840 |
| Sierra Hills | $980 | $740 | $867 | $1,143 | $1,840 |
| Shoreline Vistas | $980 | $740 | $867 | $1,143 | $1,840 |
| Rancho San Rafael Park | $980 | $740 | $867 | $1,143 | $1,840 |
| Chism | $980 | $740 | $867 | $1,143 | $1,840 |
| Downtown Reno | $1,003 | $705 | $932 | $1,138 | $1,588 |
| East Reno Heights | $1,011 | $779 | $914 | $1,111 | $1,456 |
| Midtown Reno | $1,014 | $680 | $972 | $1,137 | $1,332 |
| Bella Vista Village | $1,014 | $610 | $937 | $1,113 | $1,358 |
| Southwest Reno | $1,028 | $674 | $929 | $1,114 | $1,332 |
| Truckee Park | $1,031 | $757 | $929 | $1,137 | $1,588 |
| West University | $1,048 | $658 | $884 | $1,170 | $1,744 |
| Willowbrook | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Westpoint | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Westfiled Village | $1,059 | $789 | $968 | $1,135 | $1,332 |
| West Rose Park | $1,059 | $789 | $968 | $1,135 | $1,332 |
| West Plumb Lane Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Washoe County Golf Course | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Warren Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| The Village at Idlewild Park | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Stonebrook Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Southwest Terrace | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Southampton Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Skyline View | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Skyline Heights | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Skyline Crest | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Sierra View | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Sherwood Heights | $1,059 | $789 | $968 | $1,135 | $1,332 |
| River Run | $1,059 | $789 | $968 | $1,135 | $1,332 |
| River Mount Park | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Renada Crest | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Moana Park | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Mayberry Park | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Mayberry Meadows | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Manzanita Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Lakeside McCarran Peckham | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Lakeridge | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Greenridge | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Greenfield | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Glenwood Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Ferris | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Eastridge | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Country Club Acres | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Coronet | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Connolly | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Caughlin Crest | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Camelot Estates | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Bonaza | $1,059 | $789 | $968 | $1,135 | $1,332 |
| Huffaker Park | $1,072 | $610 | $970 | $1,161 | $1,410 |
| Northeast Reno | $1,109 | $658 | $924 | $1,169 | $1,740 |
| Silverada | $1,119 | $550 | $910 | $1,191 | $1,652 |
| Monte Vista Village | $1,198 | $736 | $1,068 | $1,311 | $1,664 |
| Truckee River Highlands | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Suncrest | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Somerset | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Silverado Ranch Estates | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Sierra Highlands | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| River Park | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Northgate | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Granite Ridge | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Coit Heights | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Backer - Starcrest | $1,315 | $654 | $1,184 | $1,363 | $1,598 |
| Juniper Hills | $1,333 | $654 | $1,200 | $1,369 | $1,635 |
/
The most affordable neighborhoods in Reno are Academy Manor, where the average rent goes for $915/month, Brookside Lakes, where renters pay $915/mo on average, and Donner Springs, where the average rent goes for $915/mo. If you’re looking for other great deals, check out the listings from East Peckham ($915), Eastside Reno ($915), and Heron's Landing ($915), where the asking prices are below the average Reno rent of $1,123/mo.
The most expensive neighborhoods in Reno are Suncrest ($1,315), Truckee River Highlands ($1,315) and Juniper Hills ($1,333).
Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 30% lower than in Backer - Starcrest
$915
Academy Manor rent is 18% lower than Reno average
| All rentals | $915 |
|---|---|
| Studio | $610 |
| 1 Bed | $852 |
| 2 Beds | $1,004 |
| 3 Beds | $1,213 |
$1,315
Backer - Starcrest rent is 17% higher than Reno average
| All rentals | $1,315 |
|---|---|
| Studio | $654 |
| 1 Bed | $1,184 |
| 2 Beds | $1,363 |
| 3 Beds | $1,598 |
How Does Reno Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Reno | $1,123 | 11% |
| Sparks | $1,219 | 12% |
| Incline Village | $1,217 | 7% |
| Crystal Bay | $1,404 | 8% |
| D'Andrea Golf Club | $1,408 | 11% |
| Golden Valley | $1,255 | 10% |
| Lemmon Valley | $1,255 | 10% |
| Mogul | $1,315 | 12% |
For more information about the Reno rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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.