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Location
501 Paradise Valley Rd, Reno, NV 89506, USA
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Amenities for 501 Paradise Valley Rd
Apartment Amenities
| Carpet | Central Air |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Onsite Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 501 Paradise Valley Rd
Property Status: Active This 3-bedroom, 2-bathroom corner-lot home in Lemmon Valley offers a thoughtfully designed floorplan with neutral paint and flooring throughout. The open-concept main living area features a bright living room with a back door leading to a low-maintenance backyard, seamlessly flowing into a spacious dining area and a well-appointed kitchen complete with a breakfast bar and refrigerator for tenant use. The primary suite provides a comfortable retreat with a walk-in closet and an ensuite bathroom featuring a walk-in shower, while the additional bedrooms are generously sized and share a full bathroom with a shower-tub combination and large vanity. A convenient laundry area equipped with a washer and dryer for tenant use leads directly to the 2-car garage. A small pet (20 lbs or less) may be considered with owner approval, and the home is ideally located just a short drive from Swan Lake, North Valleys Regional Park, and nearby shopping centers. Don't wait- schedule your tour today! Tenant Responsibilities & Fees Utilities: Garbage and Sewer: 89 Water and Power: tenants are responsible Rent: 2,295 Security Deposit: 2,395 One Time Administrative Fee: 195 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent. Questions? Office Phone: (775) 284-4401 Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 501 Paradise Valley Rd compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Zip code | 89506 |
|---|---|
| Type | House for rent |
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Rent trends in Reno
3-bedroom apartments at 501 Paradise Valley Rd cost about 8% less than the average rent price for 3-bedroom apartments in Reno.
Median rents as of Feb 28 2026.
Reno
| Month | Median Rent |
|---|---|
| March 2024 | $2,399 |
| April 2024 | $2,469 |
| May 2024 | $2,454 |
| June 2024 | $2,445 |
| July 2024 | $2,479 |
| August 2024 | $2,419 |
| September 2024 | $2,381 |
| October 2024 | $2,298 |
| November 2024 | $2,308 |
| December 2024 | $2,319 |
| January 2025 | $2,302 |
| February 2025 | $2,383 |
| March 2025 | $2,395 |
| April 2025 | $2,397 |
| May 2025 | $2,398 |
| June 2025 | $2,397 |
| July 2025 | $2,418 |
| August 2025 | $2,383 |
| September 2025 | $2,361 |
| October 2025 | $2,421 |
| November 2025 | $2,500 |
| December 2025 | $2,437 |
| January 2026 | $2,433 |
| February 2026 | $2,489 |
Affordability calculator
Can I afford to live at 501 Paradise Valley Rd?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 3-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Schools near 501 Paradise Valley Rd
Lemmon Valley Elementary School
255 w patrician dr
reno, NV, 89506
PK, K-5Public
B-
John Bohach Elementary School
1100 windmill farms pkwy
sparks, NV, 89436
K-5Public
A-
MICHAEL INSKEEP ELEMENTARY SCHOOL
18001 briar dr
reno, NV, 89508
PK, K-5Public
B
Turning Point
350 hunter lake dr
reno, NV, 89509
1-12Public
CHILD FIND
240 s rock blvd ste 101
reno, NV, 89502
PKPublic
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Internet available near 501 Paradise Valley Rd
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Reno near 501 Paradise Valley Rd
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 501 Paradise Valley Rd, Reno
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 501 Paradise Valley Rd
Grocery Outlet
200 Lemmon Dr
R & R Market Incorporated
8985 Limnol St
Walmart Supercenter
250 Vista Knoll Pkwy
Smith's
175 Lemmon Dr
La Barca Mexican Store
10603 Stead Blvd
Walmart Supercenter
250 Vista Knoll Pkwy
Creaciones Vevis
5446 Sun Valley Blvd
Hulys
5468 Sun Valley Blvd
Starbucks
175 Lemmon Dr
Starbucks
290 Lemmon Dr
Superstitions Java
440 E Golden Valley Rd
Mendozas Coffee
5425 Sun Valley Blvd
Perks
5055 Sun Valley Blvd
Qdoba Mexican Eats
135 Lemmon Dr
Hangar Bar
10603 Stead Blvd
The 395-Craft Beer & Spirits
1075 N Hills Blvd
Branding Iron Cafe
4720 N Virginia St Bonanza Casino
Woodrow's Tap Room
4755 N Virginia St
R & C's Pastry & Bread
Walmart Bakery
250 Vista Knoll Pkwy
Beline Carniceria & Deli
340 Lemmon Dr
Murray's Cheese
175 Lemmon Dr
El Jalisco Baquery Inc
10555 Stead Blvd
Lemmon Valley Park
Dorothy McAlinden Park
Stead Park
Golden Valley Park
Panther Valley Park
Hometown Cafe
9251 Lemmon Dr
Tacos Jalisco Grill & Cantina
9105 Lemmon Dr
Doreen's Delights
Northern Envy
R & C's Pastry & Bread
Silver Lake Road and Sky Vista Parkway
Stead
Silver Lake Road and Sky Vista Parkway
Stead
Sky Vista Parkway / North Valley Park
Stead
Sky Vista Parkway / North Valley Park
Stead
Stead Boulevard and Mt Shasta Street
Stead
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