Reno Homes under $500,000

Welcome to Reno, Nevada – the vibrant "Biggest Little City in the World!" Nestled in the picturesque Washoe County, Reno is a city that perfectly blends urban excitement with stunning natural beauty. Known for its rich history and thriving arts scene, Reno offers a unique lifestyle that attracts residents from all walks of life. From the breathtaking views of the Sierra Nevada mountains to the lively atmosphere of downtown, there’s no shortage of charm in this dynamic city.

For those seeking a home in this enchanting region without breaking the bank, you’re in luck! Reno boasts an impressive selection of homes priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, the real estate market here offers diverse options to suit your needs. Picture yourself in a cozy bungalow, a modern townhouse, or a spacious family home, all within your budget.

Living in Reno means enjoying a plethora of recreational activities, including hiking, skiing, and exploring the stunning nearby Lake Tahoe. With a thriving culinary scene, numerous festivals, and a community that embraces outdoor living, your new home in Reno will be the perfect backdrop for creating lasting memories.

Explore the possibilities that await you in Reno, where affordability meets opportunity. With homes under $500,000, your dream of owning a piece of this incredible city is within reach. Discover your future home today and experience the vibrant lifestyle that Reno has to offer!

Newest Reno Homes under $500,000

$499,900

3 Beds ⋅ 2 Baths ⋅ 260013184 MLS

This property offers unique opportunity to enjoy country-style living with versatile outdoor space. Inside, you will find a bright, open living area with wood-look flooring, neutral wall colors, recessed lighting, and ceiling fans. Large windows bring in natural light, creating a welcoming atmosphere throughout the main living spaces. the kitchen features white cabinetry, granite-look countertops, and a functional layout that opens to the adjoining living and dining areas. This property features 1.38-Acres lot. This single -story property offers plenty of land to enjoy outdoor activities. A detach garage provides additional parking or storage space. A covered structure with metal livestock pens offers potential for animal housing or other agricultural uses, subject to buyer verification and applicable requirements. The property combination of comfortable interior spaces and outdoor functionality offers possibilities for buyers seeking a home with room to personalize and enjoy a more rural lifestyle. Property will be completely clean prior of closing. More photos coming soon.

17870 W Aspen Cir, Reno

$345,000

2 Beds ⋅ 1 Baths ⋅ 260013148 MLS

Ready to stop renting and start owning? Enjoy a seller credit of 10K toward an interest rate buy down or closing costs with this move-in-ready home in Reno's sought-after Tiny Ten community! This two-story detached home offers a unique opportunity to own with a little extra help getting started. This home features 2 bedrooms (one being a versatile loft), 1 full bath, cathedral ceilings, a modern kitchen with stainless steel appliances, and a detached one-car garage. Enjoy your own private, fenced yard—perfect for pets, gardening, or entertaining. Located near Downtown and Midtown shops, restaurants, coffee shops, parks, and Renown Regional Medical Center, this home offers modern style and unbeatable convenience. This home makes the leap from renting to owning finally possible. Smart design. Midtown energy. A modern way to own. Don't wait for rates to change, schedule your private tour today. Your first home is closer than you think.

831 Ryland St, Reno

$479,000

2 Beds ⋅ 3 Baths ⋅ 260013137 MLS

Step outside and find yourself just steps from the Truckee River, where scenic trails, fresh air, and the outdoors become part of your everyday routine. This stylish Upstream townhome pairs modern finishes with a low maintenance lifestyle in a community designed to enjoy. The open concept floor plan features quartz countertops, stainless steel appliances, a spacious kitchen island, and porcelain tile flooring throughout the main living areas. The primary suite offers a relaxing retreat with an upgraded tile shower and decorative accents, while upgraded lighting, ceiling fans, and quality carpeting add comfort throughout. Step onto your private balcony overlooking the courtyard and bocce ball courts, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Beyond your home, enjoy winding trails with exercise stations along the Truckee River, community BBQ areas, and a dog park. Whether you're heading out for a riverside stroll, exploring the trails with your pup, or enjoying a quiet evening at home, this is a place where outdoor living and everyday comfort come naturally.

2805 Elsie Irene Ln, Reno

$242,500

1 Beds ⋅ 1 Baths ⋅ 260013098 MLS

Location! Location! Location! Steps away from Idlewild Park and the Truckee River! Gated Community. Corner End Unit with beautiful views of open fields and Sierra Mountains! Located directly across the street from Idlewild Park, this modern condo offers an ideal setup close to downtown Reno while still enjoying outdoor access. Move-in ready with recent cosmetic updates, including fresh paint, kitchen cabinets and flooring. Thoughtfully laid out to maximize usability, featuring a bright open living area, easy care flooring, and double-pane vinyl windows for energy efficiency. The kitchen offers modern applicances including a gas range, microwave, dishwasher, garbage disposal and refrigerator. Full size washer and dryer also included. The breakfast bar opens into the main living space, making it easy to separate living, dining, and work areas. The spacious bath has modern fixtures. Storage is a standout feature for this unit; in addition to a full entryway closet, large pantry with built-in shelving, and a custom closet organizer. The unit also includes a private, keyed outdoor storage space, making it easy to keep bikes, outdoor gear, or seasonal items. This condo is located in a well-maintained, gated community with amenities that include a pool, spa/hot tub, fitness center, clubhouse, dog parks, and landscaped common areas. Exterior maintenance, snow removal, and partial utilities are covered by the HOA, offering low-maintenance living. A covered patio provides a private outdoor space, and the unit enjoys mountain views in a quiet setting. The location is a standout: steps from Idlewild Park, the Truckee River, walking and biking paths in the growing Riverwalk District, and just minutes from downtown Reno, Midtown, UNR, dining, nightlife, and commuter/bus routes.

1450 Idlewild Dr Unit UNIT 1021, Reno

$415,000

1 Beds ⋅ 1 Baths ⋅ 260013093 MLS

Rare 11th-Floor End Unit at The Palladio! Experience spectacular panoramic views from this exceptional downtown Reno condominium, overlooking Old Reno's historic district, the Truckee River, Wingfield Park, the vibrant city skyline, and majestic Mt. Rose. Enjoy beautiful sunrises and an ever-changing landscape of mountain, river, park, and city views from your own private retreat above it all. Beautifully maintained and thoughtfully updated with elegant, high-end plantation shutters and new appliances, this residence offers an outstanding combination of comfort, style, and location. Step outside and experience the best of downtown Reno living! Nestled in the heart of the historic Riverwalk District, the Truckee River and Wingfield Park are just moments away. Discover charming historic surroundings, scenic riverside walking paths, pedestrian bridges, kayaking, outdoor concerts, dining, shopping, and entertainment. Enjoy the energy of the city and the natural beauty of the Truckee River, all right outside your door. An exceptional opportunity to enjoy elevated living in one of downtown Reno's most desirable locations!

50 N Sierra St Unit 1108, Reno

$415,000

2 Beds ⋅ 2 Baths ⋅ 260013076 MLS

Welcome to Unit 1423 at The Resort at Tanamera, one of South Reno's most desirable gated communities. This fully remodeled condo has been meticulously maintained and is completely move in ready, offering a fresh, modern interior with stylish finishes and a comfortable, functional layout. Pride of ownership shows in every room, leaving nothing for the next owner to do but unpack and enjoy. Life at Tanamera feels like a permanent vacation. Relax in the heated pool and hot tubs, open year round, or unwind in the saunas after a workout in the fully equipped fitness center, complete with racquetball, basketball, and Pilates reformers. The clubhouse offers a theater room, billiards, a cigar lounge, and space for private gatherings, along with a full calendar of community events. Professional on site management keeps everything running smoothly, and the HOA covers water, sewer, trash, common area landscaping, and snow removal, making this the ultimate lock and leave lifestyle. Step outside the gates and enjoy scenic walking and biking trails, with shopping, dining, and medical services just minutes away at the Village at Double Diamond, South Meadows Promenade, and Renown South Meadows. Quick freeway access puts all of Reno within easy reach, and Lake Tahoe is roughly 30 minutes away. Whether you're a first time buyer, downsizing, or looking for a low maintenance second home or investment, Unit 1423 delivers resort style living at its finest

900 S Meadows Pkwy Unit 1423, Reno

$369,000

2 Beds ⋅ 3 Baths ⋅ 260013056 MLS

Move in Ready Townhome Near UNR! Welcome to this charming, move-in-ready 2-bedroom, 2-bathroom townhome in a convenient location near UNR, walking trails, and Rancho San Rafael Regional Park. Freshly updated with new interior paint, new carpet, and new LVP flooring, this home is ready for you to move right in! Each bedroom features its own ensuite bathroom, offering comfort and privacy. Enjoy the convenience of an attached single-car garage and a cute back deck overlooking the common area—perfect for outdoor dining or summer BBQs. With plenty of natural light throughout, this home is an excellent opportunity for a first-time homebuyer or investor. Don't miss out on this inviting townhome in a desirable location!

5150 Ronald Stephen Cir, Reno

$249,000

2 Beds ⋅ 1 Baths ⋅ 260013041 MLS

This inviting upstairs condo offers a comfortable two-bedroom, one-bathroom layout with thoughtfully selected interior finishes. Luxury vinyl plank flooring creates a clean, cohesive look throughout the home, while two-tone paint adds subtle contrast and visual interest. The living area features a fireplace that serves as a warm focal point, and the private balcony provides a dedicated outdoor space just beyond the main living area. In the dining area, a ceiling fan adds both function and comfort. The kitchen is equipped with stainless steel appliances, giving the space a polished, contemporary appearance and complementing the condo's updated finishes. Residents can also enjoy access to shared community amenities, including a clubhouse and pool. These features provide convenient spaces for recreation and relaxation within the condo community *Trash and water included with HOA fees*

555 E Patriot Blvd Unit # 168, Reno

$279,000

2 Beds ⋅ 1 Baths ⋅ 260013034 MLS

1948 single-family home offering two bedrooms, one full bath and an attached garage. The kitchen includes dark cabinetry, dark countertops, wood-look flooring, a stainless-look dishwasher and a black refrigerator. Brick and painted siding add exterior character, while concrete walkways connect the side and rear areas. Cosmetic renovation and finish work remain, including unfinished interior areas and worn flooring.

56 S Maddux Dr, Reno

450 N Arlington Ave Unit UNIT 1207, Reno

$319,500

2 Beds ⋅ 2 Baths ⋅ 260013031 MLS

Experience downtown Reno living from the 12th floor of The Belvedere, where sweeping views of the Sierra Nevada mountains and city skyline take center stage. This well-maintained condo offers a spacious, open layout with 9-foot ceilings, abundant natural light, and beautiful views from nearly every room. The inviting living area features a gas fireplace with marble surround, while the kitchen offers granite countertops, stainless steel appliances, and custom cabinetry. Both bedrooms feature generous walk-in closets, with the primary suite offering a jetted soaking tub and double vanity. Additional highlights include convenient automatic blinds, ample storage, and the convenience of in-unit laundry—a standout feature for downtown condo living. Enjoy the added benefits of secure underground parking, a fitness center, clubhouse, and HOA coverage of most utilities. Located in the heart of downtown Reno, with dining, entertainment, and the Truckee River nearby, this condo offers an exceptional combination of comfort, convenience, and unforgettable views.

450 N Arlington Ave Unit UNIT 1207, Reno

$375,000

3 Beds ⋅ 3 Baths ⋅ 260013029 MLS

Views for days from the large main floor deck! This recently refreshed Knolls Community townhouse is among the largest with 3 bedrooms, plus a loft perfect for a guest room, play room or office. This charming unit features an attached 2 car garage. Improvements include new paint throughout, LVP flooring, 3 new sliding glass door, newer appliances. The HVAC and water heater have been replaced in the last 5 years and the electrical panel is scheduled for replacement before close of escrow. Conveniently located within minutes of The University of Reno, Downtown and Midtown.

3620 Rosalinda Dr, Reno

$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

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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