Reno, NV Rental Market Trends
Highlights
The average rent for an apartment in Reno is $1,285, a 4% increase compared to the previous year.
Average Rent in Reno, NV
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,285 | 4% | 849 sq. ft. |
The average size for a Reno, NV apartment is 849 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-$7002%
- $701-$1,00019%
- $1,001-$1,50058%
- $1,501-$2,00017%
- > $2,0003%
Reno, NV Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
44,972 or 45% of the households in Reno, NV are renter-occupied while 53,872 or 54% are owner-occupied.
Reno, NV Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reno, NV | $1,009 | $1,024 | $1,105 | $1,124 | $1,135 | $1,221 | $1,249 | $1,237 | $1,279 | $1,268 | $1,285 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Reno, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wells | $1,082 |
| Sierra Meadows | $1,082 |
| Sharon Hill | $1,082 |
| Rosewood Lakes | $1,082 |
| Reno - Tahoe International Airport | $1,082 |
| Hidden Valley Highlands | $1,082 |
| Hidden Valley | $1,082 |
| Hidden Meadows | $1,082 |
| Heron's Landing | $1,082 |
| Eastside Reno | $1,082 |
| East Peckham | $1,082 |
| Donner Springs | $1,082 |
| Brookside Lakes | $1,082 |
| Academy Manor | $1,082 |
| East Reno Heights | $1,142 |
| Indian Colony | $1,149 |
| Truckee River Townhomes | $1,156 |
| Sky Country Estates | $1,156 |
| Sierra Vistas Villas of Reno | $1,156 |
| Sierra Hills | $1,156 |
| Shoreline Vistas | $1,156 |
| Rancho San Rafael Park | $1,156 |
| Chism | $1,156 |
| Downtown Reno | $1,158 |
| Midtown Reno | $1,160 |
| Bella Vista Village | $1,168 |
| Truckee Park | $1,175 |
| Willowbrook | $1,186 |
| Westpoint | $1,186 |
| Westfiled Village | $1,186 |
| West Rose Park | $1,186 |
| West Plumb Lane Estates | $1,186 |
| Washoe County Golf Course | $1,186 |
| Warren Estates | $1,186 |
| The Village at Idlewild Park | $1,186 |
| Stonebrook Estates | $1,186 |
| Southwest Terrace | $1,186 |
| Southampton Estates | $1,186 |
| Skyline View | $1,186 |
| Skyline Heights | $1,186 |
| Skyline Crest | $1,186 |
| Sierra View | $1,186 |
| Sherwood Heights | $1,186 |
| River Run | $1,186 |
| River Mount Park | $1,186 |
| Renada Crest | $1,186 |
| Moana Park | $1,186 |
| Mayberry Park | $1,186 |
| Mayberry Meadows | $1,186 |
| Manzanita Estates | $1,186 |
| Lakeside McCarran Peckham | $1,186 |
| Lakeridge | $1,186 |
| Greenridge | $1,186 |
| Greenfield | $1,186 |
| Glenwood Estates | $1,186 |
| Ferris | $1,186 |
| Eastridge | $1,186 |
| Country Club Acres | $1,186 |
| Coronet | $1,186 |
| Connolly | $1,186 |
| Caughlin Crest | $1,186 |
| Camelot Estates | $1,186 |
| Bonaza | $1,186 |
| Southwest Reno | $1,203 |
| West University | $1,235 |
| Huffaker Park | $1,255 |
| Northeast Reno | $1,312 |
| Monte Vista Village | $1,318 |
| Silverada | $1,321 |
| Truckee River Highlands | $1,404 |
| Suncrest | $1,404 |
| Somerset | $1,404 |
| Silverado Ranch Estates | $1,404 |
| Sierra Highlands | $1,404 |
| River Park | $1,404 |
| Northgate | $1,404 |
| Granite Ridge | $1,404 |
| Coit Heights | $1,404 |
| Backer - Starcrest | $1,404 |
| The Ridge at North Valley Hills | $1,421 |
| Stonefield | $1,421 |
| Sky Vista Village | $1,421 |
| Silver Terrace | $1,421 |
| Silver Shores | $1,421 |
| Silver Lake | $1,421 |
| Sierra View Estates | $1,421 |
| Sierra Sage Golf Course | $1,421 |
| Reno Stead Airport | $1,421 |
| Raleigh Heights | $1,421 |
| Peavine Estates | $1,421 |
| Panther Valley | $1,421 |
| North Valleys Regional Park | $1,421 |
| Mayors Park | $1,421 |
| Horizon Hills | $1,421 |
| Hazelcrest | $1,421 |
| Granite Hills | $1,421 |
| Juniper Hills | $1,424 |
| Whites Creek | $1,438 |
| Thomas Creek Estates | $1,438 |
| Sterling Ranch | $1,438 |
| Southwest Vistas | $1,438 |
| South Hills | $1,438 |
| Sierra Manor | $1,438 |
| Saddlehorn | $1,438 |
| Ridgeview | $1,438 |
| Pecetti Ranch | $1,438 |
| Meadow Creek Estates | $1,438 |
| Lewis Lakeside | $1,438 |
| Huffaker Hills | $1,438 |
| Galena Terrace | $1,438 |
| Frost Ranches | $1,438 |
| Fieldcreek Ranch | $1,438 |
| Fairview Farms | $1,438 |
| Diamond | $1,438 |
| Crystal Lake | $1,438 |
| Casazza Ranch | $1,438 |
| Bartley Ranch | $1,438 |
| Arrow Creek | $1,438 |
| Southeast Reno | $1,484 |
| Village Green | $1,533 |
| Lakeridge Springs | $1,533 |
| Lakeridge Shores | $1,533 |
| Evergreen | $1,533 |
| Evans Creek Estates | $1,533 |
| Edgewater | $1,533 |
| Eagles Nest | $1,533 |
| Copper Point | $1,533 |
| Caughlin Creek | $1,533 |
| Carriage House | $1,533 |
| Ambrose Park | $1,533 |
| Virginia Foothills | $1,621 |
| Golden Hills | $1,621 |
| Double Diamond | $1,621 |
| Damonte Ranch | $1,621 |
| Curti Ranch | $1,621 |
The most affordable neighborhoods in Reno are Academy Manor, where the average rent goes for $1,082/month, Brookside Lakes, where renters pay $1,082/mo on average, and Donner Springs, where the average rent goes for $1,082/mo. If you’re looking for other great deals, check out the listings from East Peckham ($1,082), Eastside Reno ($1,082), and Heron's Landing ($1,082), where the asking prices are below the average Reno rent of $1,285/mo.
The most expensive neighborhoods in Reno are Double Diamond ($1,621), Golden Hills ($1,621) and Virginia Foothills ($1,621).
The most popular neighborhood in Reno is Country Club Acres, where there are 6 verified RENTCafé listings with an average rent of $1,186. Next up is Downtown Reno, where apartments go for $1,158/month, followed by Huffaker Park with $1,255 If you’re looking to rent in Reno’s most popular neighborhoods, make sure to also check out Northgate, where renters pay $1,404 on average, and Northeast Reno, where the average monthly rent is $1,312.
Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 29% lower than in Ambrose Park
Academy Manor rent is 16% lower than Reno average
| Average Rent | $1,082 |
|---|
Ambrose Park rent is 19% higher than Reno average
| Average Rent | $1,533 |
|---|
How Reno Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Las Vegas | $1,107 | 5% |
| Henderson | $1,324 | 5% |
| Reno | $1,285 | 4% |
| North Las Vegas | $1,116 | 7% |
| Sparks | $1,360 | 2% |
| Boulder City | $916 | 16% |
| Carson City | $1,097 | 4% |
| D'Andrea Golf Club | $1,527 | 3% |
| Incline Village | $1,440 | 2% |
| Sun Valley | $1,063 | 6% |
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!