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 3% 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 $1,441. A 1-bedroom apartment in Reno, NV costs about $1,295 on average, while a 2-bedroom apartment is $1,555. Houses for rent in Reno, NV are more expensive, with an average monthly cost of $2,495.


1 bedroom	$1,299	1%	2%
2 bedroom	$1,650	No Change	1%
3 bedroom	$2,458	1%	14%
4 bedroom	$2,997	3%	9%
Studio	$1,029	2%	7%

		Comparables
Convention Center	$1,432
Double Diamond	$2,795
Downtown Reno	$1,350
Northeast Reno	$1,468
Sharlands	$1,963
South Meadows	$2,225
Southeast Reno	$2,825
University Of Nevada	$1,862
Washoe Regional Center	$1,525
Wells Avenue Neighborhood	$1,499


Apartments	$1,441	6%	No Change
Condos	$1,550	No Change	No Change
Houses	$2,495	No Change	No Change
Rooms	$819	4%	-

Studio

Average rent

$1,029

Last 30 days

Last year

1 bedroom

Average rent

$1,299

Last 30 days

Last year

2 bedroom

Average rent

$1,650

Last 30 days

No Change

Last year

3 bedroom

Average rent

$2,458

Last 30 days

Last year

14%

4 bedroom

Average rent

$2,997

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

lower than the national median

Median rent price$2,200

16%

higher than the national median

Takeaway

The median rent for all rentals in Reno, NV is 20% 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

$2,200

41%

Last year

Cold Springs

$2,320

Last year

Dayton

$1,795

Last year

Incline Village

$3,600

Last year

Kings Beach

$2,450

Last year

Reno Sparks

$2,800

32%

Last year

Spanish Springs

$2,499

Last year

Sparks

$2,218

17%

Last year

Sun Valley

$2,395

34%

Last year

Tahoe Vista

$2,675

41%

Last year

Truckee

$3,800

65%

Last year

Washoe Valley

$2,303

N/A

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.