According to the figures, the average rent for a 1-bedroom apartment in Reno is estimated to be around $1,350 to $1,500 as of the first half of 2026.

Large manufacturers, including the Tesla Gigafactory, have established themselves near Reno, leading to a steady influx of population over the past few years, which has been reflected in the rental market data.

Downtown Reno and the Midtown area are undergoing active redevelopment, with an increase in new apartments, where many listings exceed $1,500 for a 1-bedroom. In contrast, areas like Sparks and the southeastern outskirts of Reno tend to see prices drop to around $1,200, indicating a gap of about $250 to $300 between the city center and the outskirts.

Studios are estimated to be around $1,100, while 2-bedrooms are around $1,700, indicating a significant increase in cost when moving from a 1-bedroom to a 2-bedroom.

Over the past year, rents in Reno have shown a gradual upward trend. However, compared to the sharp increase during the pandemic, the rate of increase has noticeably slowed, and it is estimated that the market has stabilized to a level of 2-4% annual growth as new supply increases.

Compared to nearby Sacramento, Reno is somewhat more affordable, and data shows a steady demand for people moving from California to Reno to escape tax and living cost burdens. Compared to Las Vegas, Reno's prices are slightly lower or similar.

• Downtown/Midtown Reno: $1,450 to $1,600
• Sparks/Southeastern Outskirts: $1,200 to $1,350
• Average for 2-Bedrooms: $1,650 to $1,800

For Korean households, it is worth noting that a small but steadily growing Korean community has formed in Reno. The area with Korean markets and restaurants is located just south of downtown, and the rent in this vicinity appears to be similar to the city average. If you are considering moving from California, Reno is still regarded as an attractive option in terms of cost of living.

Before signing a lease, it is advisable to cross-check data from Zillow and Rent.com, and keep in mind that Reno experiences fluctuations in short-term rental prices due to seasonal tourist influx, so consider the timing of long-term lease agreements as well.