Reno, known as "The Biggest Little City in the World," is located in the Sierra Nevada mountains in the western state and offers beautiful natural surroundings and lively entertainment. Reno has a fascinating history and distinctive cultures, such as the National Automobile Museum, the Nevada Museum of Art, the Fleischmann Planetarium, and the Pioneer Center for the Performing Arts. In addition, Reno offers multiple respected educational institutions, such as the University of Nevada, Reno School of Medicine, Truckee Meadows Community College, and Western Nevada College.
Nature lovers can enjoy various outdoor activities at nearby locations such as Mount Rose, Lake Tahoe, and the Truckee River, from skiing and snowboarding to summer hiking. In addition, Reno is home to several outstanding events throughout the year that highlight the city's vibrant spirit, like the Reno River Festival, Reno Rodeo, Artown's Festival, and the Great Reno Balloon Race.
With its friendly community spirit, exciting entertainment options, and beautiful natural surroundings, Reno is a great place to call home for those who seek a balance of urban and outdoor lifestyles.
As of May 2025, Reno's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Reno's average rent is 5.0% ($82) lower than the Nevada average of $1,647 and 12.7% ($228) lower than the U.S. average of $1,793.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,236 | 2.6% ($31) | 0.2% ($2) |
| 2 Beds | $1,662 | 0.7% ($11) | 6.4% ($100) |
| 3 Beds | $2,239 | 1.9% ($44) | 7% ($169) |
| Nearby Cities | Average Rent | Avg. Rent vs. RenoAverage Rent vs. Reno | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Sun Valley | $1,730 | 10.5% ($165) | 37 days |
| Sparks | $1,676 | 7.1% ($111) | 34 days |
| Incline Village | $2,819 | 80.1% ($1254) | 37 days |
Explore rental prices, market trends, and availability in Reno, NV.
Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.
