Cheap Apartments for Rent in 89501
25 rentals
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Use arrow keys to navigatePET FRIENDLY$1,371 - $2,611/mo
Studio-1 Bed
1 BathONE18 West Street Residential | 118 West St #310,
Reno, NV 89501
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SPECIAL OFFERPET FRIENDLYTotal price$1,525 - $1,939/moStudio-2 Beds1-2 BathsLOFT 205 Apartments | 205 S Sierra St #601,
Reno, NV 89501
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Apartments For Rent Near 89501
We found 30 more apartments matching your filters just outside 89501
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Use arrow keys to navigateSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTEDTotal price$799 - $1,261/mo1-2 Beds1 BathVintage at Citi Vista 55+ Apartments | 650 Record St #2312492,
Reno, NV 89512
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Average Rent Trends in 89501
Rent in 89501 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,495 |
| Jul 2025 | $1,595 |
| Aug 2025 | $1,600 |
| Sep 2025 | $1,556 |
| Oct 2025 | $1,588 |
| Nov 2025 | $1,455 |
| Dec 2025 | $1,460 |
| Jan 2026 | $1,358 |
| Feb 2026 | $1,428 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,450 |
| May 2026 | $1,645 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,695 | $2,495 | $819 | $739 | $1,660 |
| Townhomes | — | $2,900 | — | — | $2,900 |
| Apartments and Condos | $1,600 | $2,495 | — | — | $1,695 |
| Houses | — | $2,200 | — | — | $2,200 |
Frequently Asked Questions about Rentals in 89501
- What is the average rent of an apartment in 89501?The average rent of an apartment in 89501 is $1,418 per month. This is about 26% lower than the national average.
- What is the average rent of a house in 89501?The average rent of a house in 89501 is $2,200 per month. This is about 14% higher than the national average.
- What is the average rent of a townhome in 89501?The average rent of a townhome in 89501 is $2,900 per month. This is about 50% higher than the national average.
- When is the average rent cheapest in 89501?In the last year, the average rent in 89501 was lowest in Apr 2025 when it was $1,450 per month.
- When is the average rent most expensive in 89501?In the last year, the average rent in 89501 was highest in Aug 2025 when it was $1,600 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 89501?The average rent of a 1 bedroom apartment in 89501 is $1,695 per month. That is about $395 more than the cost of a studio apartment.
- How many available rental listings are in 89501?There are 29 available rental listings in 89501.
- What are some cities near 89501?Some nearby cities include: Sun Valley, Verdi, Reno, Verdi, Sparks, Virginia City. These cities may have more rental options to explore.