RENO, Nev. (KOLO) – Multifamily rental housing market data for the second quarter of 2025 in Reno finds the average rent is $1,709, which reflects a 6% increase from 2024, according to the Nevada State Apartment Association.
The occupancy rate is 87.1%, a slight decrease of 1% from last year.
In addition, there are 2,060 units under construction…