$2,200 Per Month
- 2 Beds
- 2 Baths
- 1,127 Sq Ft
- Condo for Rent
900 S Meadows Pkwy Unit 623, Reno, NV 89521
900 S Meadows Pkwy Unit 623, Reno, NV 89521
Frequently Asked Questions
How much does it cost to rent a condo in Reno, NV?
The median rent for a condo in Reno, NV is $1,713 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Reno, NV?
To comfortably afford the median rent in Reno, NV, a household needs to earn roughly $101,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,545 per month in Reno, NV, renters typically need to show $7,635 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Reno, NV?
In Reno, NV, the price-to-rent ratio is 18.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Reno, NV are best for renting a condo?
The best neighborhood for renting in Reno, NV depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Kings Row, MidTown, West University, Mae Anne Avenue and Hunter Lake, each with its own character and price range.
