Average Rent in Reno, NV

Reno rentals average $1,413 for a 1-bedroom rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $2,295, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $158 (14.88%) year-over-year from $1,062 to $1,220. 1-bedroom rentals prices have increased by $363 (30.11%) year-over-year from $1,207 to $1,570. 2-bedroom rentals prices have increased by $366 (23.14%) year-over-year from $1,582 to $1,948. 3-bedroom rentals prices have increased by $97 (4.21%) year-over-year from $2,298 to $2,395. 4-bedroom rentals prices have decreased by $31 (-1.05%) year-over-year from $2,931 to $2,900. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 7.02% this month. 1-bedroom rents have gone up by 18.12% this month. 2-bedroom rents have gone up by 12.03% this month. 3-bedroom rents have gone up by 0.21% this month. 4-bedroom rents have gone up by 0.58% this month.