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12 Studio Apartments for rent in Reno, NV

Last updated November 15 at 6:03pm UTC
2450 Lymbery
Virginia Lake
Reno, NV
Updated November 15 at 6:03pm UTC
Studio
$750
300 California Ave
Downtown Reno
Reno, NV
Updated November 15 at 5:38pm UTC
Studio
$975
144 Wonder St.
Wells Avenue Neighborhood
Reno, NV
Updated November 15 at 12:00pm UTC
Studio
$965
701 E 7th St
Governor's Bowl
Reno, NV
Updated November 15 at 11:54am UTC
Studio
$1,070
136 W 2nd St
Downtown Reno
Reno, NV
Updated November 15 at 11:51am UTC
Studio
$775
239 W 2nd St
Downtown Reno
Reno, NV
Updated November 15 at 11:51am UTC
Studio
$862
222 Ralston St
Mountain View Cemetery
Reno, NV
Updated November 15 at 8:47am UTC
Studio
$400
1225 Victorian Ave
Downtown Sparks
Sparks, NV
Updated November 15 at 11:52am UTC
Studio
$997
133 N Virginia St
Downtown Reno
Reno, NV
Updated November 15 at 11:52am UTC
Studio
$992
Results within 1 miles of Reno, NV
550 S Wells Ave
Wells Avenue Neighborhood
Reno, NV
Updated November 15 at 9:30am UTC
Studio
$850
Results within 5 miles of Reno, NV
5737 Spanish Bay Ct.
Los Altos Parkway
Sparks, NV
Updated November 15 at 12:04pm UTC
Studio
$2,195
6183 Sweet Cherry Drive
Kiley Ranch
Sparks, NV
Updated November 15 at 12:01pm UTC
Studio
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November 2018 Reno Rent Report

Welcome to the November 2018 Reno Rent Report. Reno rents declined over the past month. In this report, we'll evaluate trends in the Reno rental market, including comparisons to similar cities nationwide.

View full Reno Rent Report
Rent Report
Reno

November 2018 Reno Rent Report

Welcome to the November 2018 Reno Rent Report. Reno rents declined over the past month. In this report, we'll evaluate trends in the Reno rental market, including comparisons to similar cities nationwide.

Reno rents declined significantly over the past month

Reno rents have declined 0.4% over the past month, but have increased moderately by 2.2% in comparison to the same time last year. Currently, median rents in Reno stand at $890 for a one-bedroom apartment and $1,160 for a two-bedroom. Reno's year-over-year rent growth lags the state average of 3.2%, but exceeds the national average of 1.1%.

Reno rents more affordable than many large cities nationwide

As rents have increased moderately in Reno, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Reno is still more affordable than most large cities across the country.

  • Reno's median two-bedroom rent of $1,160 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 2.2% increase in Reno.
  • While Reno's rents rose moderately over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Reno than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than two-and-a-half times the price in Reno.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.