Last updated
Average Rent in Reno, NV & Rent Trends
Rent prices and market trends across 7 apartment communities in Reno, NV. Updated daily.
Market Average
$1,594/mo
▲ +1% from last month
Lowest Available
$799/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
38
available now
Rent by Neighborhood in Reno, NV
Compare average rent across Reno, NV neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Riverwalk District | $2,134 | $2,058 | 1 | 6 |
| Reno 89431 | $1,790 | $1,500 | 2 | 6 |
| West University | $1,554 | $973 | 1 | 4 |
| Reno 89509 | $1,495 | $1,345 | 1 | 4 |
| Reno 89511 | $1,383 | $799 | 1 | 17 |
| Northeast Reno | $1,329 | $1,329 | 1 | 1 |
Is Rent Going Up or Down in Reno, NV?
As of May 2026, the average rent in Reno, NV is $1,594 per month across 7 apartment communities and 38 available units. Rents have increased $17 (1%) over the past month.
The most affordable option is Realty Boulevard Sales & Management starting at $799/mo. By unit type, a studio averages $1,011/mo, a 1-bedroom averages $1,585/mo, a 2-bedroom averages $1,769/mo, a 3-bedroom averages $1,948/mo, a 4-bedroom averages $3,200/mo.
Prices range from $799 to $3,200 per month. The most common price point is the $1,600 range, where 6 units are currently listed.
Reno, NV Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Reno, NV
Rent Prices by Apartment in Reno, NV
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Realty Boulevard Sales & Management | $799/mo | $1,383/mo | 17 | 4.4 |
| Zephyr Pointe | $973/mo | $1,554/mo | 4 | 3.8 |
| The Edison | $1,329/mo | $1,329/mo | 1 | 4.3 |
| Gorelick Real Estate Advisors | $1,345/mo | $1,495/mo | 4 | 4 |
| Square One | $1,500/mo | $1,500/mo | 1 | 4.4 |
| The Atrium at Victorian Square | $1,738/mo | $1,847/mo | 5 | 4.3 |
| 3rd Street Flats | $2,058/mo | $2,134/mo | 6 | 4.7 |
Google Search Trends for Reno, NV Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Reno, NV
What is the average rent in Reno, NV?
Is rent going up or down in Reno, NV?
What is the cheapest apartment in Reno, NV?
How much is a 1-bedroom apartment in Reno, NV?
How many apartments are available in Reno, NV?
What salary do I need to live comfortably in Reno, NV?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
30 percent rule -- using our average rent of $1,594/mo.
Comfortable income
$77,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($799/mo), you need to earn at least $32,000/year.
Median household income in Reno, NV is $78,448 , about 3% above the comfortable-living threshold.
Cost of living in Reno, NV
Overall prices in Reno, NV runs below the national average by about 2% (BEA Regional Price Parity index 98.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Reno, NV's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,594 |
| Utilities | $498 |
| Groceries | $523 |
| Transportation | $1,188 |
| Healthcare | $579 |
| Other goods and services | $927 |
| Estimated total | $5,309/mo |
Population
268,959
Median household income
$78,448
Census median rent
$1,453/mo
Rent as % of income
30.5%
Median age
37.3
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Reno, NV Apartments
Browse all 7 communities with daily-updated pricing and availability.