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 increased by 2% in the last month and have increased by 5% 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 $1,490. A 1-bedroom apartment in Reno, NV costs about $1,295 on average, while a 2-bedroom apartment is $1,575. Houses for rent in Reno, NV are more expensive, with an average monthly cost of $2,500.


1 bedroom	$1,310	1%	1%
2 bedroom	$1,622	No Change	1%
3 bedroom	$2,450	3%	12%
4 bedroom	$2,995	4%	5%
Studio	$995	1%	2%

		Comparables
Convention Center	$1,450
Downtown Reno	$1,372
Northeast Reno	$1,400
Northgate	$1,950
Sharlands	$1,787
South Meadows	$2,117
Southeast Reno	$2,900
University Of Nevada	$1,995
Washoe Regional Center	$1,450
Wells Avenue Neighborhood	$1,495


Apartments	$1,490	5%	No Change
Condos	$1,585	No Change	No Change
Houses	$2,500	No Change	No Change
Rooms	$884	No Change	-

Studio

Average rent

$995

Last 30 days

Last year

1 bedroom

Average rent

$1,310

Last 30 days

Last year

2 bedroom

Average rent

$1,622

Last 30 days

No Change

Last year

3 bedroom

Average rent

$2,450

Last 30 days

Last year

12%

4 bedroom

Average rent

$2,995

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$3,500

80%

higher than the national median

Takeaway

The median rent for all rentals in Reno, NV is 50% 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

$3,500

Flat

Last year

Cold Springs

$2,400

13%

Last year

Dayton

$2,050

10%

Last year

Incline Village

$3,225

25%

Last year

Kings Beach

$2,950

25%

Last year

Reno Sparks

$3,950

10%

Last year

Spanish Springs

$2,300

25%

Last year

Sparks

$2,195

17%

Last year

Sun Valley

$2,700

35%

Last year

Tahoe Vista

$3,250

17%

Last year

Truckee

$4,000

49%

Last year

Washoe Valley

$2,344

31%

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.