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Reno market rental trends report

Written by Relocity | April 17, 2025

Over the past 3-6 months, Reno's rental market has experienced a slight decrease in average rent prices, with reductions ranging from approximately $39 to $95 per month. This decline is primarily attributed to seasonal trends, particularly the onset of the fall season, which typically sees reduced demand, and an increase in rental inventory due to new construction. As of March 2025, the median rent for all property types in Reno stands at $1,849. 

Apartment listings

Below are some recent listing examples.

Double R Apartments

  • Studio
  • Sq Ft: 506
  • Rent: $1,374

One R Midtown

  • 1bd/1ba
  • Sq Ft: 689 
  • Rent:$1662

Double R

  • 2bd/2ba
  • Sq Ft: 992
  • Rent: $2,315

Westlook

  • 3bd/2ba
  • Sq Ft: 1,245
  • Rent: $2,627

(Data sourced from Apartments.com)