Last updated
Average Rent in Riverwalk District & Rent Trends
Rent prices and market trends across 2 apartment communities in Riverwalk District, Reno, NV. Updated daily.
Market Average
$1,891/mo
▼ 11.8% from last month
Lowest Available
$1,345/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
11
available now
Riverwalk District vs Reno, NV Average
Riverwalk District is more expensive the Reno, NV average by $287/mo (18%). The citywide average is $1,604/mo across all neighborhoods.
Is Rent Going Up or Down in Riverwalk District?
As of May 2026, the average rent in Riverwalk District is $1,891 per month across 2 apartment communities and 11 available units. Rents have decreased $242 (11.8%) over the past month.
The most affordable option is Gorelick Real Estate Advisors starting at $1,345/mo. By unit type, a 1-bedroom averages $1,891/mo, a 2-bedroom averages $1,895/mo.
Prices range from $1,345 to $2,255 per month. The most common price point is the $2,000 range, where 5 units are currently listed.
Riverwalk District Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Riverwalk District
Rent Prices by Apartment in Riverwalk District
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Gorelick Real Estate Advisors | $1,345/mo | $1,495/mo | 4 | 4 |
| 3rd Street Flats | $1,979/mo | $2,118/mo | 7 | 4.7 |
Google Search Trends for Riverwalk District Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Riverwalk District
What is the average rent in Riverwalk District?
Is rent going up or down in Riverwalk District?
What is the cheapest apartment in Riverwalk District?
How much is a 1-bedroom apartment in Riverwalk District?
How many apartments are available in Riverwalk District?
What salary do I need to live comfortably in Riverwalk District?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$76,000/year
30 percent rule -- using our average rent of $1,891/mo.
Comfortable income
$91,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,345/mo), you need to earn at least $54,000/year.
Median household income in Riverwalk District is $78,448 , about 14% below the comfortable-living threshold.
Cost of living in Riverwalk District
Overall prices in Riverwalk District 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 Riverwalk District's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,891 |
| Utilities | $498 |
| Groceries | $523 |
| Transportation | $1,188 |
| Healthcare | $579 |
| Other goods and services | $927 |
| Estimated total | $5,606/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 Riverwalk District Apartments
Browse all 2 communities with daily-updated pricing and availability.