Zumper
modified
Updated 19 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

Asset Living

Leasing office

(844) 243-9656 ext. 5228

Closing soon 

9:00 am–5:00 pm PT

Property Overview

LOFT 205 Apartments stands out as a well-rounded option with a 9.3 overall rating, strong value, excellent amenities, and a convenient location. It offers appealing features like a state-of-the-art fitness center, outdoor kitchen, package lockers, and a paw spa, along with nearby schools, walkability, dining, parks, and pet services.

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

9.3
Excellent
LOFT 205 Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • High school nearby

Great for

  • Pet owners
  • Eco living
  • Social life

Floor plans

1x1 Met AStudio1 bath555 sqft$1,385–$1,425 /mo2 units available
1x1 Met BStudio1 bath685 sqft$1,599 /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

Cat Deposit

One-time. 2 cats max. Refund Policy: $200.00.

$200

Cat Fee

One-time. Refund Policy: Non-refundable.

$100

Cat Rent

Monthly. Refund Policy: Non-refundable.

$45

Dog

Dog Deposit

One-time. 2 dogs max. Refund Policy: $200.00.

$200

Dog Fee

One-time. Refund Policy: Non-refundable.

$100

Dog Rent

Monthly. Refund Policy: Non-refundable.

$45

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 $1,385–$1,599 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry and storage. Located at 205 S Sierra St, Reno, NV 89501, USA, LOFT 205 Apartments has studio bedroom units available. Based on the average rent price of studio in Reno, renting an apartment at LOFT 205 Apartments is 45% more expensive per month.Other apartment buildings in or around Reno include but are not limited to: 480 S Sierra St, 675 Denslowe 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.
9.3
/10
Excellent
LOFT 205 Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated LOFT 205 Apartments
Price·10A 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.
LOFT 205 Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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·7A 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.
LOFT 205 Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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:

Pet owners

  • 7 pet grooming services nearby
  • 15 pet supply stores near the property
  • 1 dog park within 1 mile
  • 2 pet hospitals in the area

Eco living

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

Social life

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

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
Elementary school nearby
There is an elementary school 0.3 mile away
Less expensive
Studio units are cheaper than other similar listings nearby
High school nearby
There is a high school 1 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

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Downtown Reno

Studio apartments at LOFT 205 Apartments cost about 36% more than the average rent price for studios in Downtown Reno.

Median rents as of Aug 15 2026.
Downtown Reno
Reno
A table of studio rental data trends in Reno
MonthMedian Rent
August 2024$1,359
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$1,059
August 2026$1,081
A table of studio rental data trends in Downtown Reno
MonthMedian Rent
August 2024$1,000
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$1,030
August 2026$1,080

Affordability calculator

Can I afford to live at 205 S Sierra St?

Bedrooms

Studio

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

$59,680/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,680 annually to afford this studio median monthly rent price of $1,492.
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

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