Reno Homes under $400,000

Welcome to Reno, Nevada – the vibrant "Biggest Little City in the World"! Nestled in the picturesque Washoe County, Reno is a thriving urban hub that beautifully blends the charm of a small town with the excitement of a city. Known for its stunning mountain vistas and year-round outdoor adventures, Reno offers residents a unique lifestyle filled with recreational activities, cultural events, and a welcoming community.

Reno's real estate market is as diverse as its landscape, making it an appealing destination for homebuyers. If you’re looking for homes under $400,000, you’ll be delighted to discover a variety of options that cater to different tastes and needs. From charming single-family homes in established neighborhoods to modern condos with breathtaking views, there’s something for everyone. The affordability of homes in Reno allows first-time buyers, families, and retirees to find their perfect sanctuary without breaking the bank.

Beyond housing, Reno boasts a rich tapestry of amenities, including top-rated schools, shopping centers, and an array of dining options that celebrate the city’s eclectic culinary scene. The vibrant arts community, highlighted by the renowned Reno Art Festival and local galleries, adds to the city’s allure. Plus, with Lake Tahoe just a short drive away, residents can easily indulge in skiing, hiking, and water sports.

Whether you’re drawn to Reno for its affordable housing options or its dynamic lifestyle, this city invites you to be part of its exciting journey. Explore your dream home in Reno today, and discover why so many are proud to call this incredible city their home!

Newest Reno Homes under $400,000

$209,900

2 Beds ⋅ 1 Baths ⋅ 260013017 MLS

Don't miss this move-in ready 2-bedroom, 1-bath condo in Wildcreek Gardens. Featuring 963 square feet of single-level living, this home offers a bright interior, walk-in closet, energy-efficient windows, in-unit laundry area, and a private patio with mountain views. Residents enjoy access to community amenities including a pool, clubhouse, and tennis courts. Conveniently situated near shopping, restaurants, schools, UNR, and freeway access, this low-maintenance property is ideal for owner-occupants and investors alike.

3905 Clear Acre Ln Unit APT 26, Reno

$189,000

1 Baths ⋅ 260012986 MLS

Experience premier urban living in this newly remodeled 4th-floor Riverwalk Tower condo, located in the heart of downtown Reno. The open-concept studio layout features new waterproof and scratch proof LVP, sleek baseboards, paint, stainless fridge and washer/dryer. Along with luxury features such as granite countertops, cherry cabinetry, tile floors in the bathroom, jetted tub, overhead shower and a queen-sized murphy bed. Premium building amenities provide access to a secure, newly remodeled lobby, fitness center, on-site management, and an outdoor area featuring a year-round pool, hot tub, and BBQ space. A secure underground parking space and a small secure storage unit are included. Situated steps from the Truckee River paths, enjoy kayaking, fishing, dining, shopping, museums, nightlife and local events like Artown and Aces's ballpark games. All while being less than 10 minutes from the airport, medical services and UNR. In addition to, 30 minutes from majestic Lake Tahoe, world class skiing and Tahoe Reno Industrial Center.

200 W 2nd St Unit 405, Reno

$279,900

1 Baths ⋅ 260012953 MLS

Experience the best of downtown Reno living at The Montage! This stylish studio condominium offers the perfect combination of modern comfort, convenience, and vibrant city living. The thoughtfully designed interior features a contemporary kitchen, a spacious walk-in closet, a full size stackable washer and dryer, and a private patio overlooking the beautifully maintained common area. Residents enjoy an impressive collection of amenities, including an elegant lobby with welcoming staff, secured building access, a fully equipped fitness center, a peaceful recreation room, a media room, additional storage (available), and assigned parking. With many utilities included in the HOA due, this is an excellent opportunity for a primary residence, downtown retreat, or investment property. Located in the heart of Reno, you're just just steps away from restaurants, entertainment, shopping, and everything downtown has to offer. Enjoy the energy of the city with the comfort of having your own private retreat at The Montage!

255 N Sierra St Unit UNIT 713, Reno

$380,000

3 Beds ⋅ 2 Baths ⋅ 260012932 MLS

Walk in and the first thing you notice is the room. Brand-new carpet and laminate run throughout this refreshed Stead home, and the living area feels bigger on purpose - a former third bedroom was opened up to create a larger, more livable gathering space. The result is a bright 2-bedroom, 2-bath plan with a primary suite and private bath, and a kitchen that opens toward the backyard, laundry hookups next to the attached 2-car garage, and a fenced front yard on a quite North Valleys street. Fresh floors, real living space, and no dated carpet waiting to be replaced. Come see why this one lives larger than the bedroom count.

12095 Kernite St, Reno

$180,000

2 Beds ⋅ 1 Baths ⋅ 260012925 MLS

Fresh finishes, big-ticket updates, and easy Reno living. This move-in-ready, lower-level condo in Wildcreek Gardens features new countertops, an updated bathroom and luxury vinyl plank (LVP) flooring updated in 2022. Major updates offer added peace of mind, including windows and a water heater replaced in 2019, plus a new wall-unit AC and replacement baseboard heaters in 2026. The bright interior feels welcoming, while wood barn doors add warmth and character that set this home apart. Enjoy the simplicity of low-maintenance condo living with one assigned parking space, water and trash included in the HOA, and a convenient location close to shopping, the University of Nevada, Reno (UNR), and freeway access. Whether you're purchasing your first home, exploring an investment property, or looking to simplify your space, this updated Reno condo brings together comfort, style, and in-town convenience—with many key updates already taken care of.

3925 Clear Acre Ln Unit APT 187, Reno

$349,000

3 Beds ⋅ 1 Baths ⋅ 260012923 MLS

Charming and efficient remodeled 3 bedroom 1 bath home. Fresh paint, new carpet and linoleum, new kitchen cabinets, new faucets, new blinds. Ceiling fans in four rooms. Fully fenced front and back yard. Large mud/bonus room off deck. Breakfast bar. Washer and dryer hook ups in home with additional cabinets. Large pantry/storage area. Ceilings lowered in living room for heating efficiency. Storage unit in yard. RV Parking behind gate. Newer Bonaire cooler. One car garage.

11781 Rocky Mountain St, Reno

$379,000

3 Beds ⋅ 3 Baths ⋅ 260012880 MLS

Enjoy panoramic mountain and downtown Reno skyline views from this beautifully updated 3-bedroom, 2.5-bathroom townhome at 3425 Balboa Drive. Offering 1,272 square feet of thoughtfully updated living space, this home combines modern finishes, comfortable living areas, and exceptional outdoor spaces to enjoy the scenic views. The remodeled kitchen features new cabinets and hardware (2024), quartz countertops, stainless steel appliances, a single-basin stainless steel sink, and recessed lighting within a raised ceiling panel. The inviting living room offers recessed lighting, a fireplace with a white brick finish, and a sliding glass door opening to the outdoor living space. A separate dining area features a ceiling fan and large view window, creating a lovely spot to enjoy your morning coffee while taking in the scenery. Upstairs, the primary suite and second bedroom both open directly onto the full-width view balcony, creating the perfect spot to take in the surrounding scenery. Both bathrooms feature quartz vanity tops, sinks, brushed nickel faucets, and white shaker-style vanities. Numerous recent updates include luxury vinyl plank flooring throughout, including the stairs (2024), fresh interior paint (2024), new blinds and window coverings throughout (2024), a new downstairs coat closet, and updated stair railings. Dual-pane window glass was replaced at the balcony doors in both the primary bedroom and second bedroom, with GFCI outlets and dimmer switches throughout. The full-width balcony was completely rebuilt in 2025 with new wood decking and black metal railing, along with a new garage support beam reinforcing the balcony. A private, partially covered front courtyard provides additional outdoor living space. An attached two-car garage with a new garage door (2024), plus a wide two-car driveway, provides excellent parking and storage. With its sweeping views, extensive updates, multiple outdoor living areas, and convenient layout, this townhome is a special opportunity in Northwest Reno.

3425 Balboa Dr, Reno

$160,000

1 Baths ⋅ 260012867 MLS

Great end unit studio condo with convenient and easy access to central Reno and public transportation. Full bath and balcony/deck are perfect for enjoying the city and extra space. Peppermill Hotel and Casino just steps away. Nice community pool and fenced with ample parking. Security door and elevator make this a great place to call home. Recently upgraded tile floors. Dishwasher and Refrigerator included. and it is just a simple walk to Virginia Lake , shopping, stores, casino and bus line. Great investment opportunity in Income Tax free NV as it's one of the most affordable units in Reno. Hurry.

2450 Lymbery St Unit APT 211, Reno

$160,000

1 Baths ⋅ 260012866 MLS

Recently upgraded with nice tasteful laminate plank flooring, shows well. Studio condo is perfect for your income tax free NV residence . This lovely upper unit has High Ceilings and loads of sunshine. Very Central location close to the Peppermill. Easy walk to Virginia lake , shopping, stores, casino and bus line. Great investment opportunity as it's one of the most affordable units in Reno and current tenant would love to continue renting so also perfect for a 1031 Exchange. Complex has a pool and lawn for outdoor enjoyment, plus ample parking in back. Elevator so essentially no steps to climb. Hurry.

2450 Lymbery St, Reno

$389,900

3 Beds ⋅ 2 Baths ⋅ 260012854 MLS

Welcome home to a beautifully refreshed 3 bedroom, 2 bath residence with a 2-car garage, thoughtfully updated and ready to enjoy. The fully renovated kitchen and bathrooms pair with refreshed flooring, newer windows, newer exterior paint, and updated exterior fencing to create a home that shines from the inside out. The fully landscaped front yard offers inviting curb appeal, while the spacious backyard is ready for your favorite ways to unwind and entertain. Enjoy the deck, relax in the hot tub, tend the garden or make use of the chicken coop. There's room to personalize the outdoor space and bring your ideas to life. Conveniently located near freeway access, shopping, schools, North Valleys Regional Park and Splash Pad, this home makes it easy to enjoy outdoor recreation close to home.

13071 Exinite Dr, Reno

$159,900

1 Beds ⋅ 1 Baths ⋅ 260012837 MLS

Charming Reno Condo Near UNR & Downtown Enjoy comfort, convenience, and a fantastic central location in this charming 1-bedroom, 1-bath bottom floor condo, ideally situated near UNR, San Rafael Park, Downtown Reno, and major commuter routes. With quick access to North McCarran and I 580, this home offers effortless living in one of Reno's most accessible neighborhoods. The efficient 550 sq. ft. floor plan features an open living area, a functional kitchen with stainless steel appliances, and the added convenience of an in unit washer and dryer—a valuable perk in this community. Clean, cute, and move in ready, this condo is perfect for a student, first time buyer, downsizer, or investor seeking a low maintenance property. Parking is a standout feature: the unit includes two dedicated spaces—a covered carport located near the front of the complex, plus an additional space conveniently located close to the unit for everyday ease. The HOA provides value, covering water, garbage and access to the community pool! Some photos have been virtually staged.

2911 E Tierra Verde, Reno

$215,900

1 Beds ⋅ 1 Baths ⋅ 260012792 MLS

Fantastic opportunity to own in the Wood Chase Condominium community. This unit is a one bedroom, one bath, 665 square foot upstairs unit with fireplace. All new interior paint and new laminate flooring throughout, brand new air conditioner, brand new furnace, and newer water heater (June 2026). Enjoy your living area with a wood burning fireplace. The living area and bedroom has ceiling fans and recessed lighting. Kitchen has new upgraded countertops and cabinets have been freshly painted with new hardware. Kitchen complete with refrigerator, dishwasher and the laundry room has a washer and dryer. This condo has central heating and air, a private patio with additional storage and covered parking. Amenities include fitness center, pool, indoor hot tub, and clubhouse. Convenient location close to freeway access, shopping, and walking trails nearby. Water and trash are included with HOA fee.

555 E Patriot Blvd Unit # 268, Reno

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed