Apartments in 89501

1 - 16 of 16 Results
14
$809 - 2,438
PER
ROOM
661 University Way Reno, NV
2 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Air Conditioning
Fitness Center
15
$2,500
100 N Arlington #7F Reno, NV
2 BR | Jun. 10, 2024
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Dog Friendly
House
Storage
Dishwasher
Downtown Reno
21
$1,675
255 N Sierra St Reno, NV
1 BR | Jun. 2, 2024
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House
Surface Parking
Fitness Center
Storage
Pool
25
$1,050 - 1,519
Deal
160 Sinclair Street Reno, NV
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
32
$1,925
255 N Sierra St Reno, NV
1 BR | Jun. 5, 2024
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House
Downtown Reno
25
$1,195
Reno, NV
1 BR | Available Now
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Dog Friendly
Cat Friendly
17
$1,295
Reno, NV
1 BR | Available Now
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Dog Friendly
Cat Friendly
11
$1,795
Reno, NV
2 BR | Available Now
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House
Downtown Reno
10
$2,050
Reno, NV
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Downtown Reno
23
$1,600
Reno, NV
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
16
$1,595
Reno, NV
Studio | Available Now
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Storage
Downtown Reno
$1,749
Reno, NV
1 BR | Available Now
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Downtown Reno
4
$1,175
232 West St Reno, NV
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Reno
64
$1,700
255 N Sierra St Reno, NV
1 BR | Available Now
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Storage
Disability Access
Dishwasher
Downtown Reno
8
$975
480 S Sierra St Reno, NV
Studio | Available Now
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Cat Friendly
Surface Parking
Storage
Disability Access
$2,295
Reno, NV
2 BR | Available Now
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House
Storage
Downtown Reno
1 - 16 of 16 Results
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  3. 89501

How much does it cost to rent an apartment in 89501?

89501 apartments
Bed Type Average Rent Range
Studio $1,420 $990 - $1,560
1BR $1,520 $1,200 - $1,870
2BR $2,050 $1,600 - $2,500
Find an Apartment in 89501
Looking for apartments for rent in 89501 Reno, NV? You're in luck! There are currently 58 units available for rent in this area on Rentable. The average rent for apartments in 89501 is $1,420, with studio units starting at $990.

The top neighborhoods in 89501 include the vibrant Downtown Reno area. Living in this neighborhood means you'll be close to a variety of exciting amenities and attractions. Enjoy exploring the bustling streets filled with unique shops, trendy restaurants, and vibrant nightlife. If you're a fan of outdoor activities, you'll also appreciate the proximity to nearby parks and recreational areas, perfect for hiking, biking, or picnicking.

So, if you're searching for apartments near 89501, take a look at Rentable's listings and find your next perfect rental in this desirable Reno zip code.

Reno:
May Rent Report

Welcome to the May 2024 Reno Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Reno rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Reno and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Reno average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Reno Rent Prices Increase From April to May

Reno rent prices increased over the last month. From April to May, the city experienced a 0.53% increase for the price of a one-bedroom apartment. The rent price for a Reno one-bedroom apartments currently stands at $1,320.0.

When we take a look at the two-bedroom comparison from April to May, Reno experienced a 2.73% increase for the price of a two-bedroom apartment. The rent price for a Reno two-bedroom apartments currently stands at $1,693.0.

May Prices: Reno vs. Surrounding Areas

Sparks, NV
Reno, NV
$1,409
$1,313
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

Rent Prices in Reno and Surrounding Areas

Rent prices have increased in Reno over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Reno suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Sparks, NV .

  • Rents did not decrease in any of the Reno suburbs.

  • 1 suburb is currently priced higher than the city of Reno.

May 2024 Pricing Trends: Reno vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Reno, NV
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,313
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Reno Rent Prices More Affordable Than Major Cities

Rent growth in Reno over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Reno average rent prices appear to be relatively affordable for local residents.

The price for a Reno one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Reno and surrounding area rent prices, take a look at the complete data set below.

Data set for Reno and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Reno, NV $1,313.0 0.85% $1,648.0 1.85%
Sparks, NV $1,409.0 0.86% $1,692.0 0.65%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.