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Downtown Reno's rental market offers a very strong selection of listings, with an average of nearly 149 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a notable number of studios also available. Many of these apartments cater to pet owners, with over 60% allowing pets, including small pets, making this neighborhood a great option for those with furry friends. With its vibrant atmosphere and convenient location, Downtown Reno is an attractive choice for renters looking for a lively urban lifestyle.
Downtown Reno's rental market experienced a modest 4.9% year-over-year increase in average rent across all property types, reaching $1,525 per month in 2024. The trend varies by bedroom count, with 1-bedrooms averaging $1,528 per month, a 1.5% decrease from the previous year. In contrast, 2-bedrooms saw a 4.2% increase to $2,058 per month, while 3-bedrooms jumped 65.4% to $1,944 per month. Studios, however, decreased by 4.1% to $1,079 per month.
The summer months, particularly July, are the most expensive time to rent in Downtown Reno, with prices 15.3% higher than in December, the least expensive month. Prospective renters may find more favorable conditions during the winter months when demand is lower. Overall, Downtown Reno's rental market presents a mixed picture, with varying price trends across different bedroom counts and seasonal fluctuations in demand.
Downtown Reno is a hub for renters who prioritize social living and fitness. According to 2024 data, the neighborhood's abundance of restaurants, parks, and recreation spaces, combined with its transit frequency and safety features, make it an ideal spot for those who value an active social life. Additionally, Downtown Reno's focus on fitness and wellness is evident in its many amenities, including onsite gym equipment, health and wellness events, and sports facilities. With its strong infrastructure and community-oriented atmosphere, Downtown Reno is a great choice for renters seeking a balanced lifestyle that prioritizes both social connection and physical well-being.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 115 |
|---|---|
| ✨Popular amenities | |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |