Reno market rental trends report
Reno's rental market has cooled slightly over the last 3 months. Studio and 1 bedroom apartments have dropped 7-16% while 2 bedrooms and larger homes...
Over the past 3–6 months, rent prices in Boise have shown modest upward movement after a period of strong growth earlier in the year, with smaller units such as studios, 1- and 2-bedroom apartments creeping slightly higher while larger units remain relatively stable. Recent data shows that rental rates continue to inch up as new listings enter the market and vacancy rates adjust. This change has been driven by a combination of increased multifamily supply coming online, slightly higher vacancy rates compared with past tight conditions, and shifting renter preferences toward suburban and more affordable options within the Treasure Valley. At the same time, sustained demand from in-migration and employment growth has continued to support rental pricing. As of late 2025, the current median rent across the Boise region stands at approximately $1,513 per month.

Apartment listings
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(Data sourced from Apartments.com)
Reno's rental market has cooled slightly over the last 3 months. Studio and 1 bedroom apartments have dropped 7-16% while 2 bedrooms and larger homes...
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