Rentometer, Inc. | Data as of 12/04/2025
Reno’s rental market blends urban excitement with easy access to the great outdoors, offering a diverse inventory of apartments and single‑family homes across vibrant neighborhoods such as the Riverwalk District, Midtown, and the historic Old Southwest. Professionals, students, and families alike are drawn to the city’s dynamic arts scene, thriving tech sector, and proximity to the Sierra Nevada foothills, making it an appealing hub for renters seeking both convenience and lifestyle variety.
Apartment options range from sleek studios in downtown high‑rises to spacious three‑bedroom units in family‑friendly complexes near the University of Nevada. On average, studio apartments sit in the $1100s, while one‑bedroom units typically fall in the $1500 range. Larger two‑ and three‑bedroom apartments comfortably sit in the $1700‑$2200 brackets, reflecting the city’s balanced supply of modern amenities and competitive pricing. For those preferring a house, rentals start with studios around $800 and rise to well‑equipped three‑bedroom homes near $2500, with premium four‑plus‑bedroom properties reaching the $3000 range—ideal for larger families or shared‑living arrangements.
Beyond the walls, Reno offers renters a lively mix of cultural attractions, outdoor adventures, and convenient amenities. Residents enjoy easy access to the Truckee Riverwalk, a bustling downtown nightlife, and year‑round skiing in nearby mountain resorts. Whether you’re seeking a compact studio for a bustling city vibe or a larger home to enjoy the surrounding natural beauty, Reno’s rental landscape provides flexible, affordable choices that cater to a wide range of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,259 | $1,247 | $316 - $1,895 | $975 - $1,575 |
| Apartment | 1 Bedroom | $1,535 | $1,480 | $856 - $2,600 | $1,200 - $1,819 |
| Apartment | 2 Bedroom | $1,917 | $1,976 | $755 - $3,205 | $1,580 - $2,200 |
| Apartment | 3 Bedroom | $2,199 | $2,322 | $729 - $3,199 | $1,950 - $2,627 |
| Apartment | 4+ Bedroom | $1,174 | $845 | $749 - $2,500 | $805 - $1,618 |
| House | 1 Bedroom | $1,234 | $1,345 | $650 - $1,650 | $750 - $1,550 |
| House | 2 Bedroom | $2,336 | $2,150 | $970 - $6,750 | $1,695 - $2,595 |
| House | 3 Bedroom | $2,602 | $2,495 | $220 - $8,500 | $2,245 - $2,795 |
| House | 4+ Bedroom | $3,426 | $3,000 | $930 - $8,500 | $2,675 - $3,600 |
In the current period, the average rent in Reno was $1,263 for Studio, $1,498 for 1 Bedroom, $2,042 for 2 Bedroom, $2,527 for 3 Bedroom, and $3,094 for 4+ Bedroom.
Data provided by Rentometer, Inc.