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Updated 2 hours ago

Truckee River Terrace


501 W 1st St Reno, NV

Studio - 1 Bed
•
1 Bath

317 - 470 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$925 - $945
317 ft2
4 Available
Managed By: KROMER INVESTMENTS INC.
Unit 440
$925
Available Now
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Unit 549
$940
Available Aug 27th, 2026
View
Unit 338
$945
Available Sep 5th, 2026
View
Unit 526
$940
Available Oct 16th, 2026
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1 Bed • 1 Bath
$1,155
470 ft2
1 Available
Managed By: KROMER INVESTMENTS INC.
Unit 448
$1,155
Available Sep 5th, 2026
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Where you'll live
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Truckee River Terrace
Truckee River Terrace
Truckee River Terrace
Fees & leasing info
Pets
Dogs Ok
Cats Ok
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 living downtown!

Additional Details
Total Unit Count: 221
Last Updated: Updated 2 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
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Photos Floor Plans
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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:
$33,700
per year
1 Bedroom
Suggested income:
$41,600
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
$938
$1,415
$0
$500
$1,000
$1,500
$2,000
1BR
$1,155
$1,580
$0
$550
$1,100
$1,650
$2,200

Truckee River Terrace is asking 34% less than the average studio apartment in Reno.

If you upsized to an average priced Reno 1 bedroom apartment, you would pay 10% more per month.

Truckee River Terrace provides 31% less square footage than the average Reno studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Truckee River Terrace
Studio $938 $3.00 $2,813
1BR $1,155 $2.50 $3,465
Reno Average
Studio $1,415 $3.10 $4,245
1BR $1,580 $2.50 $4,739
2BR $1,737 $1.80 $5,210
3BR $2,314 $1.70 $6,941
4BR $2,496 $1.50 $7,489

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 299 2BR units on the market in Reno. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
16% 29% 33% 15% 7%
Available Units in Reno
Studio 146
1BR 263
2BR 299
3BR 132
4BR 60
Location
Nearby Colleges

University of Nevada, Reno

Truckee Meadows Community College

FAQs
Is this property currently leasing units?
Yes. There are 5 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 317 to 470 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 $925 to $1,155. Truckee River Terrace has studio units available starting at $925 and 1 bedroom units available starting at $1,155.
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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