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The 400 @ University Terrace is a well-rated option with strong value, a high amenity score, and a convenient location, supported by transparent property details. It offers in-unit laundry, on-site parking, high-speed internet, private bedroom and bathroom, and utilities included, while nearby walking access, public transit, parks, restaurants, and recycling or composting options add to its appeal.
Things you’ll love
Less expensiveMiddle school nearbyDishwasherGreat for
Social life
Eco living| 1BR/1.0BA | 1 bed | 1 bath | $850 /mo | 1 unit available | 400 University Terrace, Reno, NV 89503 Live steps from campus in this UNR student housing community located within walking distance of the University of Nevada, Reno. Perfect for individual students or groups of friends, this property offers by‑the‑bedroom, with en-suite bathrooms, leasing as well as full 4‑bedroom units with furnished shared living spaces. A fully equipped kitchen including fridge, range, dishwasher, and microwave. Relax after a long day in the comfortably furnished living room, including large smart televisions. Each private bedroom features its own en-suite bathroom and comes fully furnished with a full‑size bed, nightstand, desk, and storage drawers—ideal for comfortable, move‑in‑ready student living. Students may lease individual bedrooms or rent an entire 4‑bedroom unit, which includes a shared living room, kitchen, and in‑unit laundry. This flexible leasing structure is ideal for students who want privacy or friend groups who want to live together. All utilities are included in the monthly rent, making budgeting easy. High speed internet service is available for a small additional fee. On‑site off‑street parking is available for residents for an additional monthly fee. This is a prime option for students seeking furnished student apartments near UNR with privacy, convenience, and walk‑to‑campus access. Property Highlights: Walking distance to University of Nevada, Reno By‑the‑bedroom or full 4‑bedroom unit leasing Private bedroom & private bathroom for every resident Fully furnished bedrooms Shared living room, kitchen & in‑unit laundry (per unit) Full exterior security cameras. Utilities included in rent Internet available at 2 gig speed (additional fee) On‑site covered parking available (additional fee) Convenient, furnished, and close to campus—this is student housing near UNR designed for modern student life. |
Let's explore this property.
Apartment Amenities
| Gas | Utilities Included |
Appliances
| Built-in Microwave | Dishwasher |
| Electric | Microwave |
| Refrigerator, Dishwasher & Range |
Other
| Water, Trash, & Sewer |
One-time.
One-time. Refundable.
| Units | 13 |
|---|
400 University Terrace, Reno, NV 89503 Live steps from campus in this UNR student housing community located within walking distance of the University of Nevada, Reno. Perfect for individual students or groups of friends, this property offers by‑the‑bedroom, with en-suite bathrooms, leasing as well as full 4‑bedroom units with furnished shared living spaces. A fully equipped kitchen including fridge, range, dishwasher, and microwave. Relax after a long day in the comfortably furnished living room, including large smart televisions. Each private bedroom features its own en-suite bathroom and comes fully furnished with a full‑size bed, nightstand, desk, and storage drawers—ideal for comfortable, move‑in‑ready student living. Students may lease individual bedrooms or rent an entire 4‑bedroom unit, which includes a shared living room, kitchen, and in‑unit laundry. This flexible leasing structure is ideal for students who want privacy or friend groups who want to live together. All utilities are included in the monthly rent, making budgeting easy. High speed internet service is available for a small additional fee. On‑site off‑street parking is available for residents for an additional monthly fee. This is a prime option for students seeking furnished student apartments near UNR with privacy, convenience, and walk‑to‑campus access. Property Highlights: Walking distance to University of Nevada, Reno By‑the‑bedroom or full 4‑bedroom unit leasing Private bedroom & private bathroom for every resident Fully furnished bedrooms Shared living room, kitchen & in‑unit laundry (per unit) Full exterior security cameras. Utilities included in rent Internet available at 2 gig speed (additional fee) On‑site covered parking available (additional fee) Convenient, furnished, and close to campus—this is student housing near UNR designed for modern student life.
How The 400 @ University Terrace compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The 400 @ University Terrace cost about 41% less than the average rent price for 1-bedroom apartments in Downtown Reno.
| Month | Median Rent |
|---|---|
| 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 | $1,083 |
| September 2026 | $1,127 |
| October 2026 | $1,109 |
| Month | Median Rent |
|---|---|
| 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 | $1,089 |
| September 2026 | $1,122 |
| October 2026 | $1,109 |
Can I afford to live at 400 University Ter?
Bedrooms
1 bedroomRent-to-income ratio
30%
$34,000/yr
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10640 N Mccarran Blvd
1–3 Beds
$813–$1,747
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
University of Nevada • 145 University Ter
1 Bed
$1,099
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Wildcreek • 3242 Bentgrass Dr #UNITC
1 Bed
$1,050
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University of Nevada • 821 Spokane St #4
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Wells Avenue Neighborhood • 1740 Stewart St
1 Bed
$1,025
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University of Nevada • 496 Highland Ave #1
1 Bed
$975
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Downtown Reno • 467 W 1st St
Studio–3 Beds
$1,028–$2,638
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Sullivan Ln
1 Bed
$1,100
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.10640 N Mccarran Blvd
1–3 Beds
$813–$1,747
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University of Nevada • 145 University Ter
1 Bed
$1,099
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Wildcreek • 3242 Bentgrass Dr #UNITC
1 Bed
$1,050
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University of Nevada • 821 Spokane St #4
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Wells Avenue Neighborhood • 1740 Stewart St
1 Bed
$1,025
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.University of Nevada • 496 Highland Ave #1
1 Bed
$975
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Downtown Reno • 467 W 1st St
Studio–3 Beds
$1,028–$2,638
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Sullivan Ln
1 Bed
$1,100
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
