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Updated 17 hours ago

Truckee River Terrace


501 W 1st St Reno, NV

Studio - 1 Bed
•
1 Bath

268 - 585 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,010
317 ft2
5 Available
Managed By: KROMER INVESTMENTS INC.
Unit 324
$1,010
Available Now
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Unit 226
$1,010
Available Now
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Unit 439
$1,010
Available Now
View
Unit 453
$1,010
Available Now
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Unit 434
$1,010
Available Now
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View Rented Units
Studio • 1 Bath
$990
268 ft2
5 Available
Managed By: KROMER INVESTMENTS INC.
Unit 320
$990
Available Now
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Unit 451
$990
Available Now
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Unit 341
$990
Available Now
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Unit 408
$990
Available Now
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Unit 232
$990
Available Now
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View Rented Units
Studio • 1 Bath
$1,030
302 ft2
5 Available
Managed By: KROMER INVESTMENTS INC.
Unit 402
$1,030
Available Now
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Unit 309
$1,030
Available Now
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Unit 316
$1,030
Available Now
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Unit 416
$1,030
Available Now
View
Unit 401
$1,030
Available Now
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View Rented Units
Studio • 1 Bath
$1,040
380 ft2
1 Available
Managed By: KROMER INVESTMENTS INC.
Unit 429
$1,040
Available May 21st, 2026
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View Rented Units
Studio • 1 Bath
$1,100
470 ft2
1 Available
Managed By: KROMER INVESTMENTS INC.
Unit 452
$1,100
Available Apr 28th, 2027
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1 Bed • 1 Bath
$1,240
470 ft2
4 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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Unit 246
$1,240
Available Now
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1 Bed • 1 Bath
$1,270
585 ft2
1 Available
Managed By: KROMER INVESTMENTS INC.
Unit 612
$1,270
Available May 29th, 2026
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Where you'll live
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Truckee River Terrace
Truckee River Terrace
Truckee River Terrace
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Work address:
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Application Fee:

$55.00

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: 221
Last Updated: Updated 17 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:
$36,600
per year
1 Bedroom
Suggested income:
$44,900
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
$1,017
$1,305
$0
$450
$900
$1,350
$1,800
1BR
$1,246
$1,419
$0
$500
$1,000
$1,500
$2,000

Truckee River Terrace is asking 22% less than the average studio apartment in Reno.

If you upsized to an average priced Reno 1 bedroom apartment, you would pay 8% more per month.

Truckee River Terrace provides 28% less square footage than the average Reno studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Truckee River Terrace
Studio $1,017 $3.30 $3,051
1BR $1,246 $2.50 $3,738
Reno Average
Studio $1,305 $3.00 $3,914
1BR $1,419 $2.10 $4,257
2BR $1,713 $1.80 $5,140
3BR $2,251 $1.70 $6,754
4BR $2,978 $1.50 $8,933

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 379 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% 26% 36% 15% 7%
Available Units in Reno
Studio 166
1BR 270
2BR 379
3BR 163
4BR 73
Location
Nearby Colleges

University of Nevada, Reno

Truckee Meadows Community College

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 22 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 21 units available for move-in over the next 2 months. 19 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 $1,240.
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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