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Average Rent in Reno, NV

8 apartment buildings, 81 units. Daily asking prices with rent history for every building.

Avg Rent

$1,764/mo

median $1,699

+24.2% vs last month

Cheapest

$799/mo

Realty Boulevard Sales & Management

Properties

8

tracked daily

Units

81

available now

Reno, NV Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 8 properties in Reno, NV.

Timeframe

Median rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,767
Median rent today
Median rent trend in Reno, NV $1,400$1,550$1,700$1,850 May 21Jun 4Jun 18Jul 2Jul 16

Full Reno, NV price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Reno, NV Rent Prices

All 8 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

Reno, NV neighborhoods

Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Reno, NV rent map

Reno, NV Average Rent Prices 2026

The average rent in Reno, NV is $1,764 per month, based on 81 units across 8 apartment communities. Prices range from $799 at Realty Boulevard Sales & Management to $4,000 at Realty Boulevard Sales & Management.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,389/mo $799/mo 23
1 Bed $1,614/mo $950/mo 31
2 Bed $1,994/mo $1,415/mo 14
3 Bed $2,331/mo $1,630/mo 9
4 Bed $3,005/mo $2,850/mo 4

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Reno, NV, and what they pay

Tracked one-bedroom rent in Reno, NV averages $1,614/mo, with two-bedroom units averaging $1,994/mo. At the local median household income of $78,448, that works out to 27% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Reno, NV at $1,453/mo. The current tracked market average runs 21% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Reno, NV while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Reno

Demand in the Reno rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Tesla Gigafactory
  • University of Nevada Reno
  • Renown Health
  • Panasonic Energy

Mean one-way commute in Reno, NV is 21 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

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

$71,000/year

Based on the 30 percent rule, using our tracked average rent of $1,764/mo.

Comfortable income

$85,000/year

Based on the 25 percent rule, leaving 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 7% below 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) $1,764
Utilities $498
Groceries $523
Transportation $1,188
Healthcare $579
Other goods and services $927
Estimated total $5,479/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.

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Nearby cities in Nevada

How Reno, NV rent compares to other markets in the state.

City Avg Rent vs Reno, NV 30-Day Change Properties
Las Vegas, NV $1,956 +11% +3.3% 27
Henderson, NV $1,889 +7% -0.2% 14
Carson City, NV $1,890 +7% -- 10

Frequently asked questions

What is the average rent in Reno, NV?

The average rent in Reno, NV is $1,764 per month, based on 81 units across 8 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Reno, NV?

The median asking rent in Reno, NV is $1,699 per month, computed from 81 live listed units and refreshed daily. The average is $1,764/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Reno, NV?

The lowest available rent in Reno, NV starts at $799 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Reno, NV?

1-bedroom apartments in Reno, NV average $1,614/mo. The lowest listed 1-bedroom starts at $950/mo across 31 units tracked.

How much is a 2-bedroom apartment in Reno, NV?

2-bedroom apartments in Reno, NV average $1,994/mo. Units start from $1,415/mo across 14 units currently listed.

Rent Trends in Reno, NV

Track how apartment prices are changing over time.

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