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Updated 5 hours ago

Truckee River Terrace


501 W 1st St Reno, NV

Studio - 1 Bed
1 Bath

268 - 585 Sq. Ft.

Available Now
Studio • 1 Bath
$990
268 ft2
3 Available
Managed By: KROMER INVESTMENTS INC.
Unit 506
$990
Available Now
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Unit 320
$990
Available Now
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Unit 343
$990
Available Now
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Studio • 1 Bath
$1,040
380 ft2
3 Available
Managed By: KROMER INVESTMENTS INC.
Unit 418
$1,040
Available Now
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Unit 536
$1,040
Available Now
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Unit 335
$1,040
Available Dec 13th, 2025
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Studio • 1 Bath
$1,010
317 ft2
3 Available
Managed By: KROMER INVESTMENTS INC.
Unit 339
$1,010
Available Now
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Unit 324
$1,010
Available Now
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Unit 543
$1,010
Available Now
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Studio • 1 Bath
$1,240
470 ft2
3 Available
Managed By: KROMER INVESTMENTS INC.
Unit 348
$1,240
Available Now
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Unit 321
$1,240
Available Now
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Unit 248
$1,240
Available Now
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Studio • 1 Bath
$1,020
339 ft2
2 Available
Managed By: KROMER INVESTMENTS INC.
Unit 425
$1,020
Available Now
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Unit 423
$1,020
Available Now
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1 Bed • 1 Bath
$1,270
585 ft2
1 Available
Managed By: KROMER INVESTMENTS INC.
Unit 608
$1,270
Available Dec 17th, 2025
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Where you'll live
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Work address:
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Restrictions:

We welcome 2 pets per apartment home. For 1 pet, the pet deposit is $350 ($250 is refundable). For 2 pets, the pet deposit is $600 ($450 is refundable). Pet rent is $25/mo per pet. There is a weight limit of 50 pounds per pet (full-grown). Please call our Leasing Office for complete Pet Policy information.

Pet Deposit: $450.0
Pet Rent: $50.0
Size Restrictions:

Cat up to 50 lbs. Dog up to 50 lbs.

Lease & Fees
Application Fee:

$0.00

Lease Length:

Available months 4,5,6,7,8,9,10,11,12,13,14,15,16

Security Deposit:

$500.00

Property details
Description

Live alongside the beautiful Truckee River, located in the heart of Downtown Reno. Truckee River Terrace is the ideal location within walking distance of shopping, theaters, and restaurants. We are proud to offer our newly renovated community with all the comforts and conveniences you deserve. Enjoy a stroll downtown, a jog along the river, or experience the Truckee River White Water Park at Wingfield. You’re only a short walk away from all the excitement Reno has to offer. Whether it be one of the many events held on Virginia St., or just enjoying the many local businesses that encompass Midtown. Enjoy the convenience of most utilities paid!

Additional Details
Total Unit Count: 210
Last Updated: Updated 5 hours ago
Contact Number: (775) 526-4330
Office Hours
Monday: 8:00 AM - 5:00 PM
Tuesday: 8:00 AM - 5:00 PM
Wednesday: 10:00 AM - 5:00 PM
Thursday: 8:00 AM - 5:00 PM
Friday: 8:00 AM - 5:00 PM
Saturday: 10:00 AM - 5:00 PM
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Truckee River Terrace by bedroom type below.
Studio
Suggested income:
$38,100
per year
1 Bedroom
Suggested income:
$45,700
per year
How much rent can I afford?

Monthly Net Income (after taxes)

$

Monthly Expenses

$
Rent report

Truckee River Terrace Rent vs. Reno Average

 Truckee River Terrace      Reno Average
Studio
$1,057
$1,326
$0
$450
$900
$1,350
$1,800
1BR
$1,270
$1,451
$0
$500
$1,000
$1,500
$2,000

Truckee River Terrace is asking 20% less than the average studio apartment in Reno.

If you upsized to an average priced Reno 1 bedroom apartment, you would pay 9% more per month.

Truckee River Terrace provides 22% less square footage than the average Reno studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Truckee River Terrace
Studio $1,057 $3.10 $3,171
1BR $1,270 $2.20 $3,810
Reno Average
Studio $1,326 $3.00 $3,978
1BR $1,451 $2.10 $4,354
2BR $1,676 $1.70 $5,027
3BR $2,360 $1.70 $7,080
4BR $2,857 $1.40 $8,571

Availability in Reno

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 383 2BR units on the market in Reno. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
15% 24% 37% 13% 9%
Available Units in Reno
Studio 156
1BR 251
2BR 383
3BR 141
4BR 96
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
The Quad 1.3 mi 26 min 9 min 3 min
Davidson Mathematics & Science Center 1.5 mi 28 min 10 min 4 min
Mathewson-IGT Knowledge Center 1.8 mi 36 min 12 min 5 min
Mackay Stadium 1.9 mi 37 min 13 min 6 min
Joe Crowley Student Union 1.9 mi 37 min 13 min 5 min
Nearby Hospitals
Name Distance
Saint Mary's Regional Medical Center 0.54 mi.
Va Sierra Nevada Healthcare System 1.2 mi.
Renown Regional Medical Center 1.27 mi.
Nearby Fire Stations
Name Distance
Reno Fire Department 0.38 mi.
Truckee Meadows Fire Protection District 1.38 mi.
Nevada Air National Guard Fire Department 2.8 mi.
FAQs
Is this property currently leasing units?
Yes. There are 18 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 18 units available for move-in over the next 2 months. 15 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 268 to 585 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio and 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $990 to $1,270. Truckee River Terrace has studio units available starting at $990 and 1 bedroom units available starting at $1,270.
Where is this property located?
This property is at 501 W 1st St in Reno, NV. It's 0.6 miles northwest from the center of Reno.
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