Quick answer
Truckee River parks, casino adjacent, most urban, changing; 1BR $1,300–1,800
Neighborhood Guide · 2026
Riverwalk / Downtown, Reno
Truckee River parks, casino adjacent, most urban, changing; 1BR $1,300–1,800
Reno Housing Costs — 2026
Median 1BR rent
$1,450/mo
Median 2BR rent
$1,820/mo
Median home price
$460K
Avg utilities
$165/mo
City-wide medians. Riverwalk / Downtown rents may vary above or below depending on building vintage and unit type.Full Reno breakdown →
Other Neighborhoods in Reno
Compare Riverwalk / Downtown with other popular areas.
Midtown
Walkable South Virginia strip, restaurants, coffee, galleries, most livable; 1BR $1,400–1,900
Old Southwest
Craftsman homes, tree-lined, UNR adjacent, quiet, walkable; 1BR $1,300–1,800
Northwest Reno
Newer construction, safer, Peavine Mountain views, families; 1BR $1,300–1,700
Sparks
East suburban, Tesla Gigafactory adjacent, more affordable, families; 1BR $1,200–1,600
South Meadows
Corporate parks, Amazon/Google facilities, suburban, newest construction; 1BR $1,300–1,700
Incline Village (Lake Tahoe)
Nevada side of Tahoe, no income tax + lake views, expensive, second homes; 1BR $2,200–3,500
Frequently Asked Questions
Is Riverwalk / Downtown a good neighborhood in Reno?
Truckee River parks, casino adjacent, most urban, changing; 1BR $1,300–1,800
What is the rent in Riverwalk / Downtown, Reno?
Reno citywide median 1BR rent is $1,450/mo. Riverwalk / Downtown pricing varies from the city average depending on building age, proximity to transit, and in-unit amenities. Studio units in Reno often run 15–20% below the 1BR median.
What is Riverwalk / Downtown in Reno known for?
Truckee River parks, casino adjacent, most urban, changing; 1BR $1,300–1,800
How does Riverwalk / Downtown compare to other Reno neighborhoods?
Riverwalk / Downtown is one of 7 notable neighborhoods in Reno. Other options include Midtown, Old Southwest, Northwest Reno.
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