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3rd Street Flats apartments in Reno, NV

Updated

3rd Street Flats

303 W 3rd St, Reno, NV 89501, USA

4.7 (99 reviews) Official Website

Live pricing, refreshed

6
Units Listed
$1,906
Starting at
$2,213
Average
$2,931
Highest
$3.11
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Riverwalk District rent trends

Beds

Pricing by Bedroom

Studio
$1,908
from $1,906 · 2 units
~472 sqft avg
1 Bed
$2,178
from $2,141 · 3 units
~769 sqft avg
2 Bed
$2,931
from $2,931 · 1 units
~1,014 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (20)

Largest 8 movers of 20

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$33K

$396K annual run rate

Modeled estimate

Est. Occupancy

74%

of about 23 units (modeled from leasing activity)

Effective Rent on New Leases

$1,943

vs $2,213 current asking ($270 negotiation gap)

Recent Lease Activity

23 units tracked; 17 assumed leased, 6 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

6

Moderate availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Reno, NV

Citywide

Showing citywide comparison (not enough Reno, NV properties tagged with "Riverwalk District" for a local match). Click any bar to view that building.

See rent trends on the Reno, NV map Explore Reno, NV on the interactive map

Available Units

6 units
Studio / 1 Bath Junior 1x1
$1,906/mo
472 ft² · $4.04/ft\u00B2 · #516
Down $47 since Jul 18 (was $1,953)
Studio / 1 Bath Junior 1x1
$1,909/mo
472 ft² · $4.04/ft\u00B2 · #407
Down $47 since Jul 18 (was $1,956)
1 Bed / 1 Bath 1x1
$2,141/mo
722 ft² · $2.97/ft\u00B2 · #402
Down $47 since Jul 18 (was $2,188)
1 Bed / 1 Bath 1x1
$2,144/mo
735 ft² · $2.92/ft\u00B2 · #313
Down $47 since Jul 18 (was $2,191)
1 Bed / 1 Bath 1x1
$2,248/mo
849 ft² · $2.65/ft\u00B2 · #202
Down $47 since Jul 18 (was $2,295)
2 Bed / 2 Bath 2x2
$2,931/mo
1,014 ft² · $2.89/ft\u00B2 · #415

Fees, Parking & True Monthly Cost

Monthly Fees

$192/mo

Added to base rent automatically

True Monthly Cost

$2,098

Starting price + fees

Train activity

Severe nighttime trains

Freight line 188 ft away · 15 trains/day

  • 8 daytime, 7 overnight
  • Crossing 188 ft away. Horns expected day and night.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Reno, NV notes

No resident notes for this property yet.

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Riverwalk District Rent Trends

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