Apartments for Rent in University of Nevada, Reno, NV

University of Nevada, Reno apartment availability

University of Nevada, Reno's rental market offers a good selection of listings, with an average of about 97 rentals available each month. The area's rentals are diverse, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments offer popular amenities, including in-unit laundry, which is available in nearly half of the rentals. Additionally, about 47% of the apartments in University of Nevada, Reno are pet-friendly, making this a great neighborhood for renters with pets.

University of Nevada, Reno rental market trends

The University of Nevada, Reno rental market experienced a significant increase in 2024, with average monthly rents rising by 7.8% to $1,318. 1-bedroom apartments saw an 8.9% annual increase, reaching an average of $1,159 per month. In contrast, 2-bedroom apartments decreased by 2.1% to $1,384, while 3-bedroom apartments saw a substantial 21.3% decrease to $1,697. Studio apartments experienced a modest 1.9% increase to $1,219.

Rents in Reno tend to peak in September, with a notable 18% increase compared to February, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the fall semester. Conversely, the winter months, particularly February, may offer more affordable options, with rents about 18% lower than in September. Keep in mind that the rental market can fluctuate, and being aware of these trends can help you navigate your housing search more effectively.

Why University of Nevada, Reno is a great place to live

University of Nevada is a top choice for renters who prioritize social living and pet ownership. According to 2024 data, the neighborhood's walk score, variety of restaurants, and transit frequency make it an ideal spot for those who value an active social life. Additionally, the area's street infrastructure and safety features contribute to its appeal. Pet owners will also appreciate the abundance of pet-friendly amenities, including outdoor spaces, pet-safe windows, and dog parks, as well as the lack of pet restrictions and convenient pet waste facilities. Overall, University of Nevada offers a unique blend of social and pet-friendly living that's hard to find elsewhere in Reno.