Average Rent in Reno, NV and Rent Price Trends

Rent price trends in
Reno, NV

Rent price trends

Rent prices for all bedroom counts and property types in Reno, NV have decreased by 1% in the last month and have increased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Reno, NV
The monthly rent for an apartment in Reno, NV is $1,499. A 1-bedroom apartment in Reno, NV costs about $1,349 on average, while a 2-bedroom apartment is $1,631. Houses for rent in Reno, NV are more expensive, with an average monthly cost of $2,600.


1 bedroom	$1,350	3%	12%
2 bedroom	$1,679	No Change	No Change
3 bedroom	$2,550	No Change	9%
4 bedroom	$3,189	4%	6%
Studio	$1,030	1%	5%

		Comparables
Convention Center	$1,432
Double Diamond	$2,770
Downtown Reno	$1,450
Northeast Reno	$1,400
Sharlands	$1,812
South Meadows	$1,927
Southeast Reno	$2,799
University Of Nevada	$1,622
Washoe Regional Center	$1,290
Wells Avenue Neighborhood	$1,400


Apartments	$1,499	1%	No Change
Condos	$1,500	1%	No Change
Houses	$2,600	No Change	No Change
Rooms	$950	2%	-

Studio

Average rent

$1,030

Last 30 days

Last year

1 bedroom

Average rent

$1,350

Last 30 days

Last year

12%

2 bedroom

Average rent

$1,679

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$2,550

Last 30 days

No Change

Last year

4 bedroom

Average rent

$3,189

Last 30 days

Last year

The table above reflects average rent prices in Reno, NV, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Reno, NV to other cities

Median rent prices in Reno, NV for all bedroom counts and property types compared to Carnelian Bay, CA.

Reno

Median rent price$1,750

10%

lower than the national median

Median rent price$3,000

54%

higher than the national median

Takeaway

The median rent for all rentals in Reno, NV is 42% lower than the median rent in Carnelian Bay, CA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Carnelian Bay

$3,000

31%

Last year

Cold Springs

$2,162

Last year

Dayton

$2,260

52%

Last year

Incline Village

$4,000

32%

Last year

Kings Beach

$2,995

Last year

Reno Sparks

$3,500

Last year

Spanish Springs

$2,495

16%

Last year

Sparks

$1,997

Last year

Sun Valley

$2,547

Last year

Tahoe Vista

$3,800

114%

Last year

Truckee

$4,247

21%

Last year

Washoe Valley

$1,850

12%

Last year

Cost of living in
Reno, NV

The overall cost of living in Reno, NV is 4% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.