Zumper
modified
13 Hours Ago

Highlights

  • All utilities included
  • Washer and dryer available within unit
  • Permitted covered parking
  • No smoking

Location

400 University Ter, Reno, NV 89503, USA|Downtown Reno
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Tour 400UT

Contact

Management

Reno Property Management, Ltd.

Leasing office

(775) 329-7070

Property Overview

The property 400UT receives a strong Zumper Expert Rating of 8.1, reflecting its desirability for renters. It features notable amenities, including all utilities included and in-unit laundry, and is strategically located near popular points of interest, schools, and transportation, earning high ratings for location and quality. The property is ideal for remote work and environmentally conscious residents, with numerous dining options and parks nearby enhancing social life.

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

8.1
Very Good
With a solid 8.1 out of 10 overall, 400UT is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 400UT 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

  • Middle school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Social life
  • Eco living

Floor plans

1BR/1.0BA1 bed1 bath$695 /mo1 unit available1 bedroom with 1 full private bathroom available for a 6 month lease. ALL UTILITIES INCLUDED. Washer and dryer are available within the unit. There is a full shared kitchen and living room area. Permitted covered parking available on a first come, first serve basis. $695 per month with a $750 deposit. *****NO PETS / NO SMOKING******* For more information please contact: Reno Property Management 1575 Delucchi Lane, Suite 224 Reno, NV 89502 775.329.7070 Or visit our website at: Renoprop. com

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Amenities for 400UT

Apartment Amenities

Air ConditioningCentral Heat
GasUtilities Included

Appliances

Built-in MicrowaveCentral Heat & Air
DishwasherElectric
In-Unit LaundryMicrowave
OvenRange
RefrigeratorStove/Oven
Washer and Dryer

Tech

Internet

Other

Sewer, Water & Trash
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

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units16
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About 400UT

HomeApartments in RenoDowntown Reno 400UT

1 bedroom with 1 full private bathroom available for a 6 month lease. ALL UTILITIES INCLUDED. Washer and dryer are available within the unit. There is a full shared kitchen and living room area. Permitted covered parking available on a first come, first serve basis. $695 per month with a $750 deposit. *****NO PETS / NO SMOKING******* For more information please contact: Reno Property Management 1575 Delucchi Lane, Suite 224 Reno, NV 89502 775.329.7070 Or visit our website at: Renoprop. com


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.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 400UT is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 400UT 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 400UT
Price·6A 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.
400UT is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
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.
400UT 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—in-unit laundry—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.
400UT 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.
400UT 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.
400UT 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.

400UT is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 3 internet service provider options nearby
  • 4 office supply stores within 1 mile

Social life

  • Areas nearby are accessible by walking
  • 216 restaurants within 1 mile of this property
  • Area has 48 parks and recreation options
  • A bustling neighborhood

Eco living

  • 48 parks within a mile
  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options

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 400UT compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Reno

1-bedroom apartments at 400UT cost about 55% less than the average rent price for 1-bedroom apartments in Downtown Reno.

Median rents as of Jan 17 2026.
Downtown Reno
Reno
A table of studio rental data trends in Reno
MonthMedian Rent
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$1,025
December 2025$1,006
January 2026$996
A table of studio rental data trends in Downtown Reno
MonthMedian Rent
February 2024$1,010
March 2024$1,001
April 2024$1,000
May 2024$998
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$1,035

Affordability calculator

Can I afford to live at 400 University Ter?

Bedrooms

1 bedroom

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

$27,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 1-bedroom monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.

Schools near 400UT

Elmcrest Elementary School

855 mcdonald dr

reno, NV, 89503

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 400UT

Getting around Reno near 400 University Ter

Walking

7/10
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.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 400 University Ter, Reno

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

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

High schools

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

Parks

8/10
Large amount of park space nearby

Nightlife

6/10
Some bars within walking distance

Explore the area around 400 University Ter

Nom Eats
148 West St
Raley's
701 Keystone Ave
Save Mart
525 Keystone Ave
Delight Food Mart
507 E 4th St
BB Food & Discount Liquor
640 Kuenzli St

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