Rental market snapshot for East Reno, Reno
East Reno rental market summary
The rental market in East Reno, Nevada is showing signs of growth. In July of 2023, there were 200 new listings, a sign that the rental market is expanding. The median rent in July of 2023 was $1,395, a 3.3% increase from June of 2023 and a 3.8% increase from July of 2022. This indicates that the rental market is becoming more competitive and that prices are increasing.
Overall, the rental market in East Reno, Nevada is on the rise. With more listings and increasing prices, it is becoming a more attractive option for renters. This trend is likely to continue as the market continues to expand and prices continue to rise.
Median rent for all residential properties in East Reno
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The most expensive listings and top trending buildings in East Reno
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 9545 Hawkshead Rd | $3,500 | 3 / 3.5 |
| 3020 Chavez Dr | $3,300 | 3 / 2.0 |
| 2025 Horse Prairie Rd | $2,950 | 4 / 3.0 |
| 4730 Mountain Quail Ct | $2,900 | 3 / 2.5 |
| 2009 Waterhouse Rd | $2,850 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow Rental Network | $1,437 |
| MJD DEVELOPMENT LLC | $1,150 |
| WR LLC. | $1,100 |
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Bedroom Breakdown in East Reno
East Reno neighborhood apartments rents
The rental market for studios in East Reno, Nevada is showing signs of improvement in July 2023. There were two new studio listings in July, which is a positive sign for the market. The median rent for studios in July 2023 was $1,284, which is a decrease of 9.7% from the median rent in June 2023. This suggests that the market is becoming more affordable for renters. Overall, the rental market for studios in East Reno is looking more promising in July 2023.
The rental market for 1-bedroom apartments in East Reno, Nevada is showing signs of stability. In July 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 3.0% from June 2023 to July 2023, from $1,300 to $1,262. This suggests that the rental market is not experiencing any significant changes in the short-term, and that renters can expect to find a good selection of 1-bedroom apartments at reasonable prices.
The rental market for 2-bedroom apartments in East Reno, Nevada is relatively stable. In July 2023, there was only one new listing, and the median rent for 2-bedroom apartments was $1,629, which is a 7.9% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the near future.