1 Day Ago
Location
550 South Wells Avenue, Reno, Nevada 89502, United States|Wells Avenue Neighborhood
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Property Overview
550 S WELLS is highly rated by Zumper, indicating strong demand and favorable market conditions. The property offers several advantages, such as convenient access to nearby amenities and public transport. Its notable features include modern design elements and spacious living areas, making it an attractive choice for urban dwellers.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 600 sqft | $1,025 /mo | 1 unit available | Square Feet is Approximate |
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Amenities for 550 S WELLS
Apartment Amenities
| Water |
Building
| Sewer |
Services
| Garbage |
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
Building details
Property details
| Units | 12 |
|---|
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About 550 S WELLS
Square Feet is Approximate
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.
9.1
/10
Excellent550 S WELLS 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.
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.
550 S WELLS 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·9A 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.
550 S WELLS goes above and beyond to provide sought-after conveniences and desirable perks, including garbage. Renters looking for popular or luxurious features will find them here—and for that reason, 550 S WELLS receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
550 S WELLS 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.
550 S WELLS 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.
550 S WELLS 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.
550 S WELLS is great for:
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 550 S WELLS compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Wells Avenue Neighborhood
1-bedroom apartments at 550 S WELLS cost about 18% less than the average rent price for 1-bedroom apartments in Wells Avenue Neighborhood.
Median rents as of Nov 15 2025.
Wells Avenue Neighborhood
Reno
| Month | Median Rent |
|---|---|
| December 2023 | $1,037 |
| January 2024 | $1,036 |
| February 2024 | $1,012 |
| March 2024 | $1,041 |
| April 2024 | $1,057 |
| May 2024 | $1,055 |
| 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 | $1,014 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,045 |
| January 2024 | $1,012 |
| February 2024 | $1,062 |
| March 2024 | $1,079 |
| April 2024 | $1,018 |
| May 2024 | $925 |
| June 2024 | $1,050 |
| September 2024 | $1,055 |
| October 2024 | $1,042 |
| March 2025 | $1,107 |
| April 2025 | $1,118 |
| May 2025 | $1,136 |
| July 2025 | $950 |
| August 2025 | $1,047 |
| September 2025 | $1,145 |
| October 2025 | $1,157 |
| November 2025 | $1,141 |
Affordability calculator
Can I afford to live at 550 South Wells Avenue?
Bedrooms
1 bedroomRent-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
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 1-bedroom monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
Schools near 550 S WELLS
Libby C. Booth Elementary School
1450 stewart st
reno, NV, 89502
PK, K-5Public
B-
Turning Point
350 hunter lake dr
reno, NV, 89509
1-12Public
Marvin Picollo School
900 foothill rd
reno, NV, 89511
PK, K-12Public
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Internet available near 550 S WELLS
Getting around Reno near 550 South Wells Avenue
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 550 South Wells Avenue, Reno
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
7/10
Variety of bars within walking distance
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