Over the past 3 to 6 months, Reno’s apartment rental market has experienced a large decline, with average rents showing modest downward movement. This trend is largely attributed to a growing pipeline of new construction, rising vacancy rates, and rental concessions at new complexes, which have collectively eased upward rent pressure. As of June–July 2025, the median rent for apartments in Reno stands at approximately $1,700 per month.
Apartment listings
Below are some recent listing examples.
(Data sourced from Apartments.com)