The Chelsea at Riverwalk
344 W 2nd St,
Reno, NV 89503
$2,042 - $2,314 Total Monthly Price
1-2 Beds
Area Guide
Downtown Reno Reno, NV
Live at the center of the action in the biggest little city in the world.
Walkable
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Entertainment
•
Dining
Covering a few blocks on either side of Virginia Street between Interstate 80 and the Truckee River, Downtown Reno packs a ton of amenities and attractions into a fairly small area. The city’s famous casinos and the Reno Events Center bring world-class entertainment on a regular basis, the nightlife is always in full swing, and unique cafes and restaurants are all over the area. Scenic green spaces like Wingfield Park and City Plaza are great for taking some quiet time and enjoying the sunshine. The University of Nevada, Reno’s campus sits just north of Downtown, making it a highly convenient location for students, faculty, and university staff. Best of all, many Downtown apartments and condos are available for very affordable rates, putting all of this at your doorstep even if you’re on a tight budget.
Rent Trends
As of August 2026, the average apartment rent in Downtown Reno is $1,147 for a studio, $1,388 for one bedroom, $1,912 for two bedrooms, and $2,188 for three bedrooms. Apartment rent in Downtown Reno has increased by 1.1% in the past year.
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Studio
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410 sq ft
Average Sq Ft
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$1,147/month
Average Rent
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1 BR
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593 sq ft
Average Sq Ft
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$1,388/month
Average Rent
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2 BR
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898 sq ft
Average Sq Ft
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$1,912/month
Average Rent
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3 BR
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909 sq ft
Average Sq Ft
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$2,188/month
Average Rent
Learn More About Downtown Reno
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Reno - Reno, NV is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
50
/ 100
Moderately Drivable
Drivability
60
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Daily Essentials
In Downtown Reno - Reno, NV, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
90
/ 100
Exceptional Café Variety Nearby
Cafes
90
/ 100
Great Variety of Shops Nearby
Shopping
80
/ 100
Recreation
Downtown Reno - Reno, NV provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Reno - Reno, NV from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
70
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
100
/ 100
Scores provided by
Reviews of Downtown Reno - Reno, NV
Niche Reviews 
38 Reviews
Former Resident
1 years ago•Niche Review
Grew up in Northshore, moved but most people remain in the area. This creates more of a community and a situation where everyone knows everyone. Things have gotten rougher lately, I can understand the concern of safety in the area but I know most locals take pride in their community
Current Resident
7 years and 1 months ago•Niche Review
Love it very quiet the police do patrol alot its alot of restaurants and stores and 2 walmarts it's a nice park northshore park its alot of nice apartments it's super quiet boring at times but good
Niche User
10 years ago•Niche Review
I see police and the emergency crews arrive promptly and in a fast mannerly.
Niche User
10 years and 9 months ago•Niche Review
In some areas it gets really bad and much protection is needed. Mostly schools, colleges, hospitals and more. People should stop pollution in the environment and start making a difference.
Points of Interest
Shopping Centers
Parks and Recreation
- Fleischmann Planetarium & Science Center
- University of Nevada Arboretum
- W.M. Keck Museum
- May Arboretum and Botanical Garden
- Rancho San Rafael Park
Commuter Rail
Military Bases
Airports
- Reno/Tahoe International
Top Apartments in Downtown Reno
Houses for Rent in Downtown Reno
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.