$1,350 Per Month
- 1 Bed
- 1 Bath
- 696 Sq Ft
- Condo for Rent
3890 E Leonesio Dr Unit B2, Reno, NV 89512
3890 E Leonesio Dr Unit B2, Reno, NV 89512
Frequently Asked Questions
How much does it cost to rent a condo in Sun Valley, NV?
The median rent for a condo in Sun Valley, NV is $3,100 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Sun Valley, NV?
To comfortably afford the median rent in Sun Valley, NV, a household needs to earn roughly $108,000 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 $2,700 per month in Sun Valley, NV, renters typically need to show $8,100 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 Sun Valley, NV?
In Sun Valley, NV, the price-to-rent ratio is 14.2, 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 Sun Valley, NV are best for renting a condo?
The best neighborhood for renting in Sun Valley, NV depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Wildcreek, West University, Reed, Kings Row and Sparks Marina, each with its own character and price range.
