Cheapest 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 September 27, 2026, the average rent in Reno is $1,516, which is 3.6% 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
$1,306/Month
Year-Over-Year Rent Change
1.1%
Units Available
12 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
$1,346/Month
Units Available
10 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
$1,396/Month
Year-Over-Year Rent Change
1.5%
Units Available
24 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.
Northeast Reno
Average Rent
$1,545/Month
Year-Over-Year Rent Change
5.3%
Units Available
41 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.
West University
Average Rent
$1,570/Month
Year-Over-Year Rent Change
2.5%
Units Available
154 Rentals
West University is a lively neighborhood located near the University of Nevada, Reno. Renters will appreciate the variety of local dining and entertainment options, as well as the easy access to downtown Reno. The area offers a blend of student housing and residential homes.
Midtown Reno
Average Rent
$1,616/Month
Year-Over-Year Rent Change
1.2%
Units Available
75 Rentals
Midtown Reno is an affordable neighborhood in Reno with an average rent price of $1,616. Compare this to the city average of $1,516. In the past year, rent prices have increased by 1.2%. Midtown Reno provides easy access to University of Nevada Arboretum, Truckee Meadows, IGT, and W.M. Keck Museum.
Skyline Heights
Average Rent
$1,675/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Reno, Skyline Heights might be the perfect place! It has an average rent price of $1,675, while the city’s average stands at $1,516. Skyline Heights is near Truckee Meadows, Meadowood, University of Nevada Arboretum, and University of Nevada.
North Valleys
Average Rent
$1,685/Month
Year-Over-Year Rent Change
2.5%
Units Available
30 Rentals
North Valleys is a growing suburban area offering a mix of affordable housing and outdoor recreational activities. Renters will enjoy the proximity to local shopping centers and parks, with easy access to major highways for commuting to downtown Reno. The area provides a friendly environment with plenty of open space.
Downtown Reno
Average Rent
$1,712/Month
Year-Over-Year Rent Change
1.1%
Units Available
176 Rentals
Downtown Reno is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Reno is $1,712 while the city average is $1,516. This is a 1.1% difference from last year. Residents enjoy convenient access to Reno/Tahoe International, May Arboretum and Botanical Garden, and Rancho San Rafael Park.
Old Southwest Reno
Average Rent
$1,766/Month
Year-Over-Year Rent Change
5.5%
Units Available
159 Rentals
Old Southwest Reno is a charming neighborhood known for its historic homes, tree-lined streets, and proximity to downtown. Renters will enjoy the close-knit community feel and easy access to local parks and schools.
Ready to make your move to Reno? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.