Updated 41 Minutes Ago
Location
523 Nevada St, Reno, NV 89503, USA|Downtown Reno
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Floor plans
| 0BR/1.0BA | Studio | 1 bath | 196 sqft | $600 /mo | 1 unit available | 0 Bedrooms, 1 Bathroom. Rent $600. Deposit $350. 196sq. ft. No Pets. A/C and double pane windows. This TOTALLY REMODELED studio is located in KRAMERS HOUSE DOWNTOWN at 527 Nevada Street between 4th & 5th Streets in downtown Reno. The interior of the of the house and the unit have been fully renovated and designed with modern amenities that are in peak demand in the current environment. The common area living room features contemporary furniture and artwork, along with a community flat-screen TV and high-speed internet. The kitchen features luxury finishes including a suite of stainless-steel appliances, expansive granite countertops with an island or peninsula, tile backsplashes and ample storage space. All of the units provide built-in desks, personal vanities, vinyl-plank and carpeted floors, and individual or shared style showers and bathrooms. This particular second story unit offers vinyl-plank flooring, a shared style shower and bathroom with the adjoining unit and has a mountain view. The property also offers two sets of on-site washers and dryers that do not require payment to support the tenants' needs. The location of Kramer's House Downtown places the property in the midst of an ever-improving submarket. Downtown Reno is currently undergoing several developments that are considerably improving the submarket. Most significant, and within a block of Kramer's House Downtown, is the Neon Line District, a one-billion dollar improvement that stretches from downtown Renos West Street to Keystone Avenue, and from Interstate-80 South to West Second Street. The Neon Line District is designed to be an arts and entertainment district that will be include a mix of retail, dining, and living options. The developer has acquired over 50 separate properties and has invested over $100 million with significantly more to come, including a $250 million renovation and rebranding to the Sands Regency Casino Hotel. The property is also very near to UNR, Saint Marys Regional Medical Center and Renos Downtown core. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 523 Nevada Street
0 Bedrooms, 1 Bathroom. Rent $600. Deposit $350. 196sq. ft. No Pets. A/C and double pane windows. This TOTALLY REMODELED studio is located in KRAMERS HOUSE DOWNTOWN at 527 Nevada Street between 4th & 5th Streets in downtown Reno. The interior of the of the house and the unit have been fully renovated and designed with modern amenities that are in peak demand in the current environment. The common area living room features contemporary furniture and artwork, along with a community flat-screen TV and high-speed internet. The kitchen features luxury finishes including a suite of stainless-steel appliances, expansive granite countertops with an island or peninsula, tile backsplashes and ample storage space. All of the units provide built-in desks, personal vanities, vinyl-plank and carpeted floors, and individual or shared style showers and bathrooms. This particular second story unit offers vinyl-plank flooring, a shared style shower and bathroom with the adjoining unit and has a mountain view. The property also offers two sets of on-site washers and dryers that do not require payment to support the tenants' needs. The location of Kramer's House Downtown places the property in the midst of an ever-improving submarket. Downtown Reno is currently undergoing several developments that are considerably improving the submarket. Most significant, and within a block of Kramer's House Downtown, is the Neon Line District, a one-billion dollar improvement that stretches from downtown Renos West Street to Keystone Avenue, and from Interstate-80 South to West Second Street. The Neon Line District is designed to be an arts and entertainment district that will be include a mix of retail, dining, and living options. The developer has acquired over 50 separate properties and has invested over $100 million with significantly more to come, including a $250 million renovation and rebranding to the Sands Regency Casino Hotel. The property is also very near to UNR, Saint Marys Regional Medical Center and Renos Downtown core.
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Rent trends in Downtown Reno
studio apartments at 523 Nevada Street cost about 41% less than the average rent price for studio apartments in Downtown Reno.
Median rents as of Jul 11 2026.
Downtown Reno
Reno
| Month | Median Rent |
|---|---|
| July 2024 | $1,075 |
| August 2024 | $1,147 |
| September 2024 | $1,339 |
| October 2024 | $1,080 |
| November 2024 | $1,075 |
| December 2024 | $1,073 |
| January 2025 | $1,050 |
| February 2025 | $1,000 |
| March 2025 | $1,010 |
| April 2025 | $998 |
| May 2025 | $1,010 |
| June 2025 | $984 |
| July 2025 | $996 |
| August 2025 | $999 |
| September 2025 | $1,004 |
| October 2025 | $999 |
| November 2025 | $1,025 |
| December 2025 | $1,006 |
| January 2026 | $997 |
| February 2026 | $1,018 |
| March 2026 | $1,011 |
| April 2026 | $1,031 |
| May 2026 | $1,055 |
| June 2026 | $1,067 |
| July 2026 | $1,051 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,350 |
| August 2024 | $1,028 |
| September 2024 | $996 |
| October 2024 | $959 |
| November 2024 | $900 |
| December 2024 | $899 |
| January 2025 | $861 |
| February 2025 | $850 |
| March 2025 | $843 |
| April 2025 | $796 |
| May 2025 | $968 |
| June 2025 | $937 |
| July 2025 | $972 |
| August 2025 | $970 |
| September 2025 | $968 |
| October 2025 | $1,019 |
| November 2025 | $1,050 |
| December 2025 | $1,037 |
| January 2026 | $1,034 |
| February 2026 | $1,040 |
| March 2026 | $1,044 |
| April 2026 | $1,032 |
| May 2026 | $1,073 |
| June 2026 | $1,039 |
| July 2026 | $1,019 |
Affordability calculator
Can I afford to live at 523 Nevada St?
Bedrooms
StudioRent-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
$24,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this studio monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.
Schools near 523 Nevada Street
Elmcrest Elementary School
855 mcdonald dr
reno, NV, 89503
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
North Star Online School
5450 riggins courst ste #6
reno, NV, 89502
K-12Public
B
Marvin Picollo School
900 foothill rd
reno, NV, 89511
PK, K-12Public
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Internet available near 523 Nevada Street
Neighborhood
Downtown Reno | Reno, NV
Getting around Reno near 523 Nevada St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 523 Nevada St, Reno
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Several bars within a few minutes’ walk
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