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Refrigerator

400 University Terrace

Reno, NV 89503 - Washoe County

Apartment

1-4 beds

1-4 baths

1,196 sqft

About 400 University Terrace

Welcome to University Terrace, presented by Nevada Properties. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Range, Built In Microwave, Water/Trash/Sewer, Gas & Electric.

RentalSource last checked: June 12, 2026 · 4:57 PM ET

Managed by: Nevada Properties · (775) 427-7025 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$950 - $3,580
Bedrooms:	1-4 beds
Bathrooms:	1-4 baths

Size:	1,196 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	83663331

Property Amenities

• Microwave

• Refrigerator

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	-	$950
4 Beds	4	4	1,196	$3,580

Additional Details

Apartments for rent in Reno for $950-$3,580 with 1-4 beds, 1-4 baths, 1,196 sqft and located at 400 University Terrace in Reno, NV 89503. The averaged rental price of $2,265 is 42.6% ($677) higher than the average rent of $1,588 for apartments in Reno, NV and 39.9% ($646) higher than the average rent of $1,619 for apartments in Washoe County. This apartment is in the Davidson Academy School District and the nearest schools are Peavine Elementary School, Archie Clayton Middle School and Innovations High School - 16510. 400 University Terrace was advertised by Nevada Properties on May 21, 2026 at 9:40 AM ET and last updated today at 4:57 PM ET.

Affordability Calculator

Can I afford to live at 400 University Terrace?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$38,000 /year

With your chosen rent-to-income ratio, an annual income of $38,000 is recommended to comfortably afford this 1-bedroom rental priced at $950 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$950 - $3,580

Rent Affordability Calculator

Interested in 400 University Terrace?

Find out more about this property & see if it's available now.

Property managed by:

Nevada Properties
(775) 427-7025

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.