Rentometer, Inc. | Data as of 10/23/2025
Reno’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, professionals, and families alike. Downtown and the vibrant Midtown districts attract renters seeking walkable urban living close to the Riverwalk, casinos, and the University of Nevada, Reno, while neighborhoods such as Southwest Reno and the River District provide quieter, family‑friendly environments with easy access to shopping centers and parks. The city’s proximity to outdoor attractions like Lake Tahoe and the Sierra Nevada mountains also makes it a popular choice for those who enjoy an active lifestyle.
Apartment rents in Reno generally fall into recognizable brackets: studio units are typically found in the $1100s, one‑bedroom apartments hover around the $1500s, two‑bedroom options sit near the $1800 range, and three‑bedroom spaces approach the $2100 mark. Larger apartments with four or more bedrooms tend to be priced in the $1400s, reflecting a mix of upscale and more affordable offerings. For houses, studio‑style rentals are commonly priced in the $800‑$900 range, while one‑bedroom homes average in the $1300s. Two‑bedroom houses are often in the $2000s, three‑bedroom homes around the $2600 mark, and four‑plus bedroom homes can reach the $3400 range, providing a spectrum of options for growing households.
Whether you’re drawn to the lively cultural scene of the Truckee Riverfront, the academic energy of the university area, or the serene suburbs bordering the foothills, Reno’s rental landscape combines affordability with convenience. The city’s strong employment base, expanding tech sector, and robust recreational amenities continue to bolster demand, making it a dynamic place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,063 | $1,091 | $179 - $1,605 | $813 - $1,523 |
| Apartment | 1 Bedroom | $1,566 | $1,550 | $525 - $2,749 | $1,250 - $1,800 |
| Apartment | 2 Bedroom | $1,841 | $1,850 | $615 - $3,159 | $1,500 - $2,200 |
| Apartment | 3 Bedroom | $2,124 | $2,245 | $800 - $3,597 | $1,630 - $2,508 |
| Apartment | 4+ Bedroom | $1,620 | $1,618 | $669 - $2,699 | $725 - $2,500 |
| House | 1 Bedroom | $1,395 | $1,295 | $1,125 - $1,995 | $1,250 - $1,550 |
| House | 2 Bedroom | $2,026 | $1,912 | $700 - $5,300 | $1,695 - $2,200 |
| House | 3 Bedroom | $2,580 | $2,450 | $920 - $6,000 | $2,289 - $2,850 |
| House | 4+ Bedroom | $3,412 | $3,000 | $2,299 - $8,500 | $2,775 - $3,500 |
In the current period, the average rent in Reno was $1,053 for Studio, $1,550 for 1 Bedroom, $1,897 for 2 Bedroom, $2,492 for 3 Bedroom, and $3,268 for 4+ Bedroom.
Data provided by Rentometer, Inc.