Apartments & Condos for Rent in Reno, NV

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What to Know About

Living in Reno, NV

Reno, known as "The Biggest Little City in the World," is located in the Sierra Nevada mountains in the western state and offers beautiful natural surroundings and lively entertainment. Reno has a fascinating history and distinctive cultures, such as the National Automobile Museum, the Nevada Museum of Art, the Fleischmann Planetarium, and the Pioneer Center for the Performing Arts. In addition, Reno offers multiple respected educational institutions, such as the University of Nevada, Reno School of Medicine, Truckee Meadows Community College, and Western Nevada College.

Nature lovers can enjoy various outdoor activities at nearby locations such as Mount Rose, Lake Tahoe, and the Truckee River, from skiing and snowboarding to summer hiking. In addition, Reno is home to several outstanding events throughout the year that highlight the city's vibrant spirit, like the Reno River Festival, Reno Rodeo, Artown's Festival, and the Great Reno Balloon Race.

With its friendly community spirit, exciting entertainment options, and beautiful natural surroundings, Reno is a great place to call home for those who seek a balance of urban and outdoor lifestyles.

Rental Market Trends

Reno, NV

As of April 2025, Reno's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Reno's average rent is 9.5% ($164) lower than the Nevada average of $1,734 and 12.7% ($229) lower than the U.S. average of $1,799.

Average Rent
$1,570
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
Decreased7% ($119)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,205 Decreased0.9% ($11) Decreased0.7% ($8)
2 Beds $1,651 Increased0.5% ($9) Increased3.9% ($62)
3 Beds $2,283 Increased1.4% ($32) Decreased5.3% ($129)
Nearby Cities Average Rent Avg. Rent vs. RenoAverage Rent vs. Reno Avg. Days on MarketAverage Days on Market
Sun Valley $1,730 Increased10.2% ($160) 37 days
Sparks $1,727 Increased10% ($157) 34 days
Incline Village $2,819 Increased79.6% ($1249) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Reno Rental Market FAQs

Explore rental prices, market trends, and availability in Reno, NV.

The average rent in Reno, NV is $1,570 per month.
Apartments in Reno typically rent for between $844 and $2,968 per month, with an average of $1,570 per month.
In Reno, the average rent for a 1-bedroom apartment is $1,205 per month, for a 2-bedroom apartment, $1,651 per month, and a 3-bedroom apartment is $2,283 per month.
The average rent in Reno is 12.7% ($229) lower than the national average of $1,799 per month.
The average rent in Reno has remained stable in the last month and decreased by 7.0% ($119) over the past year.
The rental market in Reno, NV, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Reno, NV, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 433 rental properties available in Reno, NV.
Based on the current averages, a household would need an annual income of $66,040 to comfortably afford a 2-bedroom apartment in Reno.
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