Reno, NV Rental Market Trends
What is the average rent in Reno?
The average rent for an apartment in Reno is $1,580. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Reno, NV
| Average Rent | Average Apartment Size |
|---|---|
| $1,580 | 854 sq. ft. |
What is the average apartment size in Reno?
The average size for a Reno, NV apartment is 854 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
Reno, NV Occupied Housing Units
47,411 or 45% of the households in Reno, NV are renter-occupied while 57,910 or 54% are owner-occupied.
Reno, NV Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reno, NV | $1,249 | $1,237 | $1,279 | $1,268 | $1,292 | $1,302 | $1,335 | $1,365 | $1,514 | $1,557 | $1,580 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Reno, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Curti Ranch | $1,909 |
| Damonte Ranch | $1,909 |
| Double Diamond | $1,909 |
| Golden Hills | $1,909 |
| Virginia Foothills | $1,909 |
| Ambrose Park | $1,877 |
| Carriage House | $1,877 |
| Caughlin Creek | $1,877 |
| Copper Point | $1,877 |
| Eagles Nest | $1,877 |
| Edgewater | $1,877 |
| Evans Creek Estates | $1,877 |
| Evergreen | $1,877 |
| Lakeridge Shores | $1,877 |
| Lakeridge Springs | $1,877 |
| Village Green | $1,877 |
| Southeast Reno | $1,793 |
| Juniper Hills | $1,768 |
| Arrow Creek | $1,760 |
| Bartley Ranch | $1,760 |
| Casazza Ranch | $1,760 |
| Crystal Lake | $1,760 |
| Diamond | $1,760 |
| Fairview Farms | $1,760 |
| Fieldcreek Ranch | $1,760 |
| Frost Ranches | $1,760 |
| Galena Terrace | $1,760 |
| Huffaker Hills | $1,760 |
| Lewis Lakeside | $1,760 |
| Meadow Creek Estates | $1,760 |
| Pecetti Ranch | $1,760 |
| Ridgeview | $1,760 |
| Saddlehorn | $1,760 |
| Sierra Manor | $1,760 |
| South Hills | $1,760 |
| Southwest Vistas | $1,760 |
| Sterling Ranch | $1,760 |
| Thomas Creek Estates | $1,760 |
| Whites Creek | $1,760 |
| Backer - Starcrest | $1,747 |
| Coit Heights | $1,747 |
| Granite Ridge | $1,747 |
| Northgate | $1,747 |
| River Park | $1,747 |
| Sierra Highlands | $1,747 |
| Silverado Ranch Estates | $1,747 |
| Somerset | $1,747 |
| Suncrest | $1,747 |
| Truckee River Highlands | $1,747 |
| Monte Vista Village | $1,656 |
| Silverada | $1,603 |
| Granite Hills | $1,561 |
| Hazelcrest | $1,561 |
| Horizon Hills | $1,561 |
| Mayors Park | $1,561 |
| North Valleys Regional Park | $1,561 |
| Panther Valley | $1,561 |
| Peavine Estates | $1,561 |
| Raleigh Heights | $1,561 |
| Reno Stead Airport | $1,561 |
| Sierra Sage Golf Course | $1,561 |
| Sierra View Estates | $1,561 |
| Silver Lake | $1,561 |
| Silver Shores | $1,561 |
| Silver Terrace | $1,561 |
| Sky Vista Village | $1,561 |
| Stonefield | $1,561 |
| The Ridge at North Valley Hills | $1,561 |
| Northeast Reno | $1,557 |
| West University | $1,554 |
| Huffaker Park | $1,551 |
| Chism | $1,509 |
| Rancho San Rafael Park | $1,509 |
| Shoreline Vistas | $1,509 |
| Sierra Hills | $1,509 |
| Sierra Vistas Villas of Reno | $1,509 |
| Sky Country Estates | $1,509 |
| Truckee River Townhomes | $1,509 |
| Southwest Reno | $1,484 |
| Truckee Park | $1,454 |
| Bella Vista Village | $1,441 |
| Indian Colony | $1,432 |
| Downtown Reno | $1,427 |
| Bonaza | $1,415 |
| Camelot Estates | $1,415 |
| Caughlin Crest | $1,415 |
| Connolly | $1,415 |
| Coronet | $1,415 |
| Country Club Acres | $1,415 |
| Eastridge | $1,415 |
| Ferris | $1,415 |
| Glenwood Estates | $1,415 |
| Greenfield | $1,415 |
| Greenridge | $1,415 |
| Lakeridge | $1,415 |
| Lakeside McCarran Peckham | $1,415 |
| Manzanita Estates | $1,415 |
| Mayberry Meadows | $1,415 |
| Mayberry Park | $1,415 |
| Moana Park | $1,415 |
| Renada Crest | $1,415 |
| River Mount Park | $1,415 |
| River Run | $1,415 |
| Sherwood Heights | $1,415 |
| Sierra View | $1,415 |
| Skyline Crest | $1,415 |
| Skyline Heights | $1,415 |
| Skyline View | $1,415 |
| Southampton Estates | $1,415 |
| Southwest Terrace | $1,415 |
| Stonebrook Estates | $1,415 |
| The Village at Idlewild Park | $1,415 |
| Warren Estates | $1,415 |
| Washoe County Golf Course | $1,415 |
| West Plumb Lane Estates | $1,415 |
| West Rose Park | $1,415 |
| Westfiled Village | $1,415 |
| Westpoint | $1,415 |
| Willowbrook | $1,415 |
| Midtown Reno | $1,379 |
| East Reno Heights | $1,360 |
| Academy Manor | $1,357 |
| Brookside Lakes | $1,357 |
| Donner Springs | $1,357 |
| East Peckham | $1,357 |
| Eastside Reno | $1,357 |
| Heron's Landing | $1,357 |
| Hidden Meadows | $1,357 |
| Hidden Valley | $1,357 |
| Hidden Valley Highlands | $1,357 |
| Reno - Tahoe International Airport | $1,357 |
| Rosewood Lakes | $1,357 |
| Sharon Hill | $1,357 |
| Sierra Meadows | $1,357 |
| Wells | $1,357 |
What are the most affordable neighborhoods in Reno?
The most affordable neighborhoods in Reno are Academy Manor, where the average rent goes for $1,357/month, Brookside Lakes, where renters pay $1,357/mo on average, and Donner Springs, where the average rent goes for $1,357/mo. If you’re looking for other great deals, check out the listings from East Peckham ($1,357), Eastside Reno ($1,357), and Heron's Landing ($1,357), where the asking prices are below the average Reno rent of $1,580/mo.
What are the most expensive neighborhoods in Reno?
The most expensive neighborhoods in Reno are Double Diamond ($1,909), Golden Hills ($1,909) and Virginia Foothills ($1,909).
What are the most popular neighborhoods in Reno?
The most popular neighborhood in Reno is Northeast Reno, where there are 23 verified RentCafe listings with an average rent of $1,557. Next up is West University, where apartments go for $1,554/month, followed by Downtown Reno with $1,427 If you’re looking to rent in Reno’s most popular neighborhoods, make sure to also check out East Peckham, where renters pay $1,357 on average, and Country Club Acres, where the average monthly rent is $1,415.
Reno | Rent Comparison by Neighborhood
Rent in Academy Manor is 28% lower than in Ambrose Park
Academy Manor rent is 14% lower than Reno average
| Average Rent | $1,357 |
|---|
Ambrose Park rent is 19% higher than Reno average
| Average Rent | $1,877 |
|---|
How Reno Compares to Other Cities
| City | Average Rent |
|---|---|
| Las Vegas | $1,471 |
| Reno | $1,580 |
| North Las Vegas | $1,534 |
| Henderson | $1,739 |
| Sacramento | $1,792 |
| Sparks | $1,625 |
| Roseville | $2,204 |
| Citrus Heights | $1,714 |
| Rocklin | $2,138 |
| Folsom | $2,286 |
| Carmichael | $1,529 |
| Rancho Cordova | $1,760 |
| Cameron Park | $1,655 |
| Shingle Springs | $1,655 |
| Spanish Springs | $1,937 |
| Carson City | $1,362 |
Most Popular Apartments in Reno
Vizcaya Hilltop Apartments
1350 Grand Summit Drive, Reno, NV 89523- 1 BED
- 2 BEDS
- 3 BEDS
- $1,571+
- $1,798+
- Ask for pricing