Play Live Radio
Next Up:
Available On Air Stations
Welcome to the new!

If you have questions, feedback, or encounter issues as you explore, please fill out our Feedback Form.

Report: Rent Prices Soar In Reno

Finding apartments in Reno and Sparks is becoming very expensive. 

Northern Nevada Business Weekly reports that apartment rental prices in that area have risen about 58 percent in six years, to an average of over $1,300 per month. 

A key factor is an extremely low vacancy rate, which stood at 1.58 percent overall at the end of the second quarter, according to a report from Johnson Perkins Griffin. 

Sponsor Message

There currently are more than 3,000 apartment units under construction in the region, with more than 6,000 additional apartment units planned.