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 decreased by 2% 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 $1,440. A 1-bedroom apartment in Reno, NV costs about $1,295 on average, while a 2-bedroom apartment is $1,576. Houses for rent in Reno, NV are more expensive, with an average monthly cost of $2,495.


1 bedroom	$1,300	1%	2%
2 bedroom	$1,627	No Change	1%
3 bedroom	$2,425	No Change	8%
4 bedroom	$3,089	1%	7%
Studio	$1,005	1%	No Change

		Comparables
Convention Center	$1,432
Double Diamond	$2,300
Downtown Reno	$1,350
Northeast Reno	$1,350
Northgate	$2,199
Sharlands	$1,812
South Meadows	$2,062
Southeast Reno	$2,812
University Of Nevada	$1,600
Wells Avenue Neighborhood	$1,399


Apartments	$1,440	2%	No Change
Condos	$1,565	2%	No Change
Houses	$2,495	2%	No Change
Rooms	$869	2%	-

Studio

Average rent

$1,005

Last 30 days

Last year

No Change

1 bedroom

Average rent

$1,300

Last 30 days

Last year

2 bedroom

Average rent

$1,627

Last 30 days

No Change

Last year

3 bedroom

Average rent

$2,425

Last 30 days

No Change

Last year

4 bedroom

Average rent

$3,089

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$1,714

10%

lower than the national median

Median rent price$3,237

70%

higher than the national median

Takeaway

The median rent for all rentals in Reno, NV is 47% 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

$3,237

Last year

Cold Springs

$2,372

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Dayton

$2,200

32%

Last year

Incline Village

$3,750

Last year

Kings Beach

$2,875

26%

Last year

Reno Sparks

$3,197

20%

Last year

Spanish Springs

$2,350

Last year

Sparks

$2,195

12%

Last year

Sun Valley

$2,350

Last year

Tahoe Vista

$3,800

62%

Last year

Truckee

$4,050

35%

Last year

Washoe Valley

$2,298

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.