Cheap Apartments for Rent in 89503
132 rentals
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- Total price$1,139 - $1,393/moStudio-1 Bed1 BathOak Manor & Angel Street | 1055 Oak St #13,
Reno, NV 89503 - $1,199 - $1,443/mo1-2 Beds1 BathVintage Hills Senior Apartments | Affordable Apartments 55+ | 4195 W 7th St #231,
Reno, NV 89503 - Total price$1,289 - $1,445/mo1-2 Beds1-2 BathsNevada Hills | 1050 Nevada St #4a7a5ad38,
Reno, NV 89503 Save Search in 89503
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Average Rent Trends in 89503
Rent in 89503 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 Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,579 |
| Jul 2025 | $1,800 |
| Aug 2025 | $1,850 |
| Sep 2025 | $1,737 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,849 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,650 |
| Apr 2026 | $1,671 |
| May 2026 | $1,950 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,319 | $2,095 | $2,349 | $2,789 | $2,050 |
| Townhomes | $1,475 | $2,200 | $2,295 | — | $2,295 |
| Apartments and Condos | $1,400 | $2,450 | $2,295 | $2,350 | $1,897 |
| Houses | $750 | $2,109 | $2,395 | $2,800 | $2,399 |
Frequently Asked Questions about Rentals in 89503
- What is the average rent in 89503?The average rent in 89503 is $2,050. Rent prices range from $600 to as much as $9,750, depending on the type of rental.
- How does the rent in 89503 compare to the national average?Average rent in 89503 is about 7% higher than the national average rent of $1,910. That means it is more expensive to rent in 89503 compared to the U.S. average.
- What is the average rent in 89503, by number of bedrooms?The average rent in 89503 is $1,025 for a studio, $1,319 for a 1 bedroom, $2,095 for a 2 bedroom, $2,349 for a 3 bedroom, and $2,789 for a 4 bedroom.
- How have rent prices in 89503 changed compared to last year?In the past year, the average rent price in 89503 has increased by $350. That means the average rent is 17% higher than last year.
- How many available rental listings are in 89503?There are 122 available rental listings in 89503.
- What are some cities near 89503?Some nearby cities include: Sun Valley, Verdi, Reno, Verdi, Sparks, Virginia City. These cities may have more rental options to explore.