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In Reno, 52% of the residents are renting compared to 48% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Reno’s rentals, 60% are small-scale complexes with under 50 units, and 23% are single-family rentals.
The average age of rental buildings in Reno is 29 years old, with 38% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 93% are garden-style apartment communities, 8% are mid-sized buildings, and 0.8% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Reno are around 9% of rentals, while 1-bedroom floor plans represent 35% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 45% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
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