Best Affordable Neighborhoods in Reno, NV
Some of the cheapest neighborhoods in Reno are Wells Avenue Neighborhood, Reno-Tahoe Intl Airport, and Convention Center. These neighborhoods offer some of the lowest rent prices in Reno, making them ideal for renters on a budget. As of December 21, 2025, the average rent in Reno is $1,454, which is 2.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Wells Avenue Neighborhood
Average Rent
$1,261/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
43/100
Units Available
10 Rentals
Wells Avenue Neighborhood is known for its eclectic mix of shops, restaurants, and historic homes. Renters will enjoy the walkability of the community and the proximity to downtown Reno. The area's artistic energy and unique character make Wells Avenue Neighborhood stand out.
Reno-Tahoe Intl Airport
Average Rent
$1,290/Month
TransitScore® Rating
36/100
Units Available
18 Rentals
Reno-Tahoe Intl Airport neighborhood offers convenience for frequent travelers, with easy access to both the airport and nearby shopping and dining options. Renters will appreciate the mix of hotels and residential properties in the area. The neighborhood is ideal for those seeking a location with easy transportation access.
Convention Center
Average Rent
$1,321/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
44/100
Units Available
29 Rentals
Convention Center is a bustling area offering proximity to shopping, dining, and entertainment at the Reno-Sparks Convention Center. Renters will enjoy the convenience of nearby amenities and easy access to major highways. The neighborhood is ideal for those seeking an urban lifestyle with plenty of local attractions.
Powning District
Average Rent
$1,360/Month
TransitScore® Rating
51/100
Units Available
25 Rentals
If you’re looking for a great, affordable neighborhood in Reno, Powning District might be the perfect place! It has an average rent price of $1,360, while the city’s average stands at $1,454. Powning District is near Reno/Tahoe International, West Street Market, and University of Nevada.
Hunter Lake
Average Rent
$1,453/Month
TransitScore® Rating
29/100
Units Available
18 Rentals
Hunter Lake is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hunter Lake is $1,453 while the city average is $1,454. Residents enjoy convenient access to Reno/Tahoe International, May Arboretum and Botanical Garden, and Fleischmann Planetarium & Science Center. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Smithridge Park Townhouses
Average Rent
$1,454/Month
TransitScore® Rating
40/100
Units Available
12 Rentals
When you’re looking for a great Reno neighborhood on a budget, check out Smithridge Park Townhouses. The average rent is $1,454, compared to the city average of $1,454. Smithridge Park Townhouses is convenient to Hidden Valley Regional Park, Reno/Tahoe International, and Peckham Corners. The community is walkable with a WalkScore® of 71.
Southside
Average Rent
$1,512/Month
TransitScore® Rating
44/100
Units Available
10 Rentals
Southside is an affordable neighborhood in Reno with an average rent price of $1,512. Compare this to the city average of $1,454. Southside provides easy access to W.M. Keck Museum, Truckee Meadows, Dandini, and Bartley Ranch Park. It’s a walkable neighborhood with a WalkScore® of 92.
Northeast Reno
Average Rent
$1,543/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
38/100
Units Available
53 Rentals
Northeast Reno offers a mix of residential homes and easy access to local parks and schools. Renters will appreciate the affordability of the area and the convenient access to downtown Reno and major highways. The neighborhood is perfect for those seeking a quiet suburban environment.
Sage Point
Average Rent
$1,576/Month
TransitScore® Rating
22/100
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Reno, Sage Point might be the perfect place! It has an average rent price of $1,576, while the city’s average stands at $1,454. Sage Point is near University of Nevada, Fleischmann Planetarium & Science Center, and Rancho San Rafael Park.
Robert's
Average Rent
$1,580/Month
TransitScore® Rating
13/100
Units Available
11 Rentals
Robert's is a top choice for budget-conscious renters for a variety of reasons. The average rent in Robert's is $1,580 while the city average is $1,454. Residents enjoy convenient access to W.M. Keck Museum, Reno Town Mall Annex, and Truckee Meadows, Meadowood. The neighborhood is considered somewhat walkable with a WalkScore® of 53.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.