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 8% 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 $1,475. A 1-bedroom apartment in Reno, NV costs about $1,300 on average, while a 2-bedroom apartment is $1,600. Houses for rent in Reno, NV are more expensive, with an average monthly cost of $2,500.


1 bedroom	$1,309	2%	4%
2 bedroom	$1,650	1%	3%
3 bedroom	$2,500	2%	17%
4 bedroom	$3,050	2%	6%
Studio	$1,000	1%	4%

		Comparables
Convention Center	$1,432
Double Diamond	$2,595
Downtown Reno	$1,369
Northeast Reno	$1,450
Plumas	$1,495
Sharlands	$1,707
South Meadows	$2,108
Southeast Reno	$2,990
University Of Nevada	$1,550
Wells Avenue Neighborhood	$1,475


Apartments	$1,475	1%	No Change
Condos	$1,550	2%	No Change
Houses	$2,500	2%	No Change
Rooms	$900	No Change	-

Studio

Average rent

$1,000

Last 30 days

Last year

1 bedroom

Average rent

$1,309

Last 30 days

Last year

2 bedroom

Average rent

$1,650

Last 30 days

Last year

3 bedroom

Average rent

$2,500

Last 30 days

Last year

17%

4 bedroom

Average rent

$3,050

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$1,790

lower than the national median

Median rent price$3,500

84%

higher than the national median

Takeaway

The median rent for all rentals in Reno, NV is 49% 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

36%

Last year

Cold Springs

$2,812

28%

Last year

Dayton

$2,200

39%

Last year

Incline Village

$4,000

21%

Last year

Kings Beach

$1,899

141%

Last year

Reno Sparks

$2,502

43%

Last year

Spanish Springs

$2,197

28%

Last year

Sparks

$2,095

17%

Last year

Sun Valley

$1,650

Last year

Tahoe Vista

$3,500

53%

Last year

Truckee

$4,745

52%

Last year

Washoe Valley

$1,521

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.