Zumper
modified
6 Hours Ago

Highlights

  • Pet Friendly
  • Outdoor kitchen
  • Package lockers
  • State of the art fitness center
  • Convenient community amenities
  • Paw spa

Location

205 S Sierra St, Reno, NV 89501, USA|Downtown Reno
Hi! Let’s figure out if this property is right for you.

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Tour LOFT 205 Apartments

Contact

Management

FPI Management

Leasing office

(844) 243-9656 ext. 5228

Open today 

9:00 am–5:00 pm PT

Property Overview

LOFT 205 Apartments offers strong overall value with an expert rating of 8.8/10, including excellent scores for amenities, location, quality, and trustworthiness, plus top-tier value for money and value per square foot. Residents benefit from a state-of-the-art fitness center, outdoor kitchen, package lockers, paw spa, and other convenient community amenities, as well as exceptional walkability to restaurants, parks, mixed-use spaces, gyms, and markets. The property’s sustainability features and detailed listing, along with 20 photos and proximity to a top-rated elementary school, further enhance its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, LOFT 205 Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, LOFT 205 Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space
  • Elementary school nearby

Great for

  • Social life
  • Eco living
  • Wellness

Floor plans

Studio BStudio1 bath382 sqft$1,205–$1,245 /mo2 units available
1x1 Met AStudio1 bath555 sqft$1,425 /mo1 unit available
2x2 LFT2 bed2 bath981 sqft$1,650 /mo1 unit available

Let's explore this property.

Amenities for LOFT 205 Apartments

Apartment Amenities

Elevator AccessEnergy Efficient LED Lighting
Modern Two Tone CabinetryPolished Concrete Flooring
Spacious ClosetWide Open Floor Plan

Appliances

In-Unit LaundryStainless Steel Appliances
Washer and Dryer

Tech

Keyless Electronic EntryUSB outlets

Building

Cats OKControlled Access
Controlled Access EntranceDogs OK
ElevatorFitness Center
Onsite LaundryOnsite Retail
Smoke Free Environment

Grounds

Garage ParkingStorage

Services

24 Hour Emergency MaintenanceOn-Site Management
Package ServiceProfessional Onsite Management
Valet Trash Service
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Parking Policy

Garage Parking

Cat Policy

Allowed
Limit2

Small Dog Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: Breed and Weight Restrictions Apply.

$45

Pet Fee

One-time fee per pet.

$100

Pet Deposit

Refund Policy: $200.00 refundable deposit. One-time deposit per pet.

$200

Small Dog

Pet Rent

Monthly. 2 small dogs max. | Restrictions: Breed and Weight Restrictions Apply.

$45

Pet Fee

One-time fee per pet.

$100

Pet Deposit

Refund Policy: $200.00 refundable deposit. One-time deposit per pet.

$200

Questions about this property’s policies and fees?

Building details

Property details

Units127
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About LOFT 205 Apartments

HomeApartments in RenoDowntown Reno LOFT 205 Apartments

LOFT 205 Apartments cost $1,195–$1,939 per month. A couple amenities for this apartment building include but are not limited to: storage and fitness center. Located at 205 S Sierra St, Reno, NV 89501, USA, LOFT 205 Apartments has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Reno, renting an apartment at LOFT 205 Apartments is 14% more expensive per month.Other apartment buildings in or around Reno include but are not limited to: 732 Humboldt St, 61 Park St, 503 Mill St, 2040 Carville Dr


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, LOFT 205 Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, LOFT 205 Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated LOFT 205 Apartments
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, LOFT 205 Apartments is a great option for renters looking for apartments in Downtown Reno. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
LOFT 205 Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
LOFT 205 Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
LOFT 205 Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 8 highest rated

I absolutely love living at Loft 205. It is right in the heart of downtown, with lots of restaurants, bars, and local coffee shops within walking distance. Loft 205 is safe, has a wonderful management team (Heidi always goes above and beyond since day 1 !) , and gorgeous newly-renovated industrial style apts. It truly feels like home living here.

Bailey Johnson

Bailey Johnson

Feb 20, 2019

I like it, it’s safe with key fobs, covered parking, concrete floors so not a lot of foot traffic noise, great location near court houses so not a lot of crime. The community manager Heidi is awesome and the maitinence staff is quick. Cameras all around so you know people aren’t going to act afoul

Nick Cal

Nick Cal

Jan 05, 2019

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

LOFT 205 Apartments is great for:

Social life

  • 306 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Diverse age groups live in this area
  • 379 mixed-use spaces nearby

Eco living

  • 45 parks within a mile
  • On-site recycling or composting options
  • Energy efficient appliances
  • You can get around by foot in this area

Wellness

  • On-site fitness center or gym
  • 9 farmers markets or health food stores nearby
  • 67 gyms or yoga centers nearby
  • On-site fitness or wellness programs

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 LOFT 205 Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 81 sqft larger than other listings nearby
Less expensive
Studio units are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Package service
More secure storage for delivery

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Rent trends in Downtown Reno

Studio apartments at LOFT 205 Apartments cost about 25% more than the average rent price for studios in Downtown Reno.

If you decide to upgrade your space, you can expect 2-bedrooms at LOFT 205 Apartments to be 10% less than the average for similarly sized apartments in Downtown Reno.

Median rents as of May 2 2026.
Downtown Reno
Reno
A table of studio rental data trends in Reno
MonthMedian Rent
May 2024$1,057
June 2024$1,066
July 2024$1,087
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$1,040
A table of studio rental data trends in Downtown Reno
MonthMedian Rent
May 2024$997
June 2024$1,021
July 2024$1,253
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$1,050

Affordability calculator

Can I afford to live at 205 S Sierra St?

Bedrooms

Rent-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

$52,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,400 annually to afford this studio median monthly rent price of $1,310.
For more information on rent affordability, visit our rent calculator.

Schools near LOFT 205 Apartments

Mount Rose K-8 School of Languages

915 lander st

reno, NV, 89509

PK, K-8Public
A-

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 LOFT 205 Apartments

Getting around Reno near 205 S Sierra St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 205 S Sierra St, Reno

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

8/10
Variety of bars within a few minutes' walk

Explore the area around 205 S Sierra St

Nom Eats
148 West St
Nahar Food & Discount Liquor
600 S Virginia St
Mila's Global Food & Gift Market
628 Mill St
BB Food & Discount Liquor
640 Kuenzli St
Delight Food Mart
507 E 4th St

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