Reno Homes under $500,000

Welcome to Reno, Nevada – a vibrant city nestled in the picturesque Washoe County, known for its stunning mountain views, rich history, and an exciting blend of outdoor adventure and urban living. Often referred to as "The Biggest Little City in the World," Reno boasts a unique charm that attracts residents and visitors alike. With a thriving arts scene, a variety of dining options, and numerous recreational activities, Reno offers something for everyone.

For those seeking to plant roots in this dynamic city without breaking the bank, you'll be delighted to discover a range of homes available for under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Reno’s real estate market presents an array of options that cater to diverse lifestyles and budgets. From cozy single-family homes in friendly neighborhoods to modern townhouses with convenient amenities, there’s a perfect fit for everyone.

Reno’s location offers easy access to the Sierra Nevada mountains, making it an outdoor enthusiast's paradise. Enjoy year-round activities like skiing, hiking, and mountain biking, all while being just a stone’s throw away from the vibrant downtown area filled with entertainment and nightlife.

In addition, the city’s commitment to community and development has led to a flourishing economy, making it an ideal place to live, work, and play. With homes under $500,000 in Reno, you can embrace the charm of this lively city while enjoying the comforts of your dream home. Discover your perfect slice of Reno today!

Newest Reno Homes under $500,000

$285,000

2 Beds ⋅ 2 Baths ⋅ 260013206 MLS

Love the idea of resort-style living without the resort-sized price tag? This beautifully maintained 2-bedroom, 2-bath condo in Silver Creek makes everyday living easy, with inviting outdoor views, wonderful amenities, and a location that puts convenience at your doorstep. Tucked on the preferred back side of the building, the home overlooks a lush lawn, mature landscaping, and a peaceful hillside, with even a blackberry bush adding a charming touch. Your private covered patio is the perfect spot to enjoy the view and unwind. Inside, attractive LVP and vinyl tile flooring throughout, two-tone paint, and a super-clean interior make this home move-in ready. The water heater and refrigerator were both replaced in 2023, all appliances are included, and a deeded separate storage room adds valuable extra space. A covered carport is conveniently located just across the breezeway from your front door. Silver Creek's comprehensive HOA covers water, sewer, trash, snow removal, exterior and common-area maintenance, hazard insurance, and cable TV/internet, making ownership refreshingly simple. Enjoy the pool, hot tub, clubhouse, and fitness center, all just a short stroll away. Minutes to I-80, UNR, downtown Reno, and shopping, with easy access to Truckee and Lake Tahoe, just in time for this year's ski season! Whether you're looking for a comfortable full-time home, a lock-and-leave retreat, or an investment opportunity, this Silver Creek condo delivers comfort, convenience, and an appealing Northwest Reno location.

6850 Sharlands Ave Unit H1045, Reno

$395,000

2 Beds ⋅ 2 Baths ⋅ 260013197 MLS

From straight out of 1984 and right into 2026, this unit has been completely renovated and is awaiting its new owner. From beautiful new extra long 87" plank floors and 5-1/2" baseboards to all new soft close cabinets and countertops in the kitchen and bathrooms, this property offers all that and so much more. Porcelain tile adorns the kitchen and bathroom floors as well as the floor to ceiling fireplace surround. All new tile surrounds and shower and shower/tub controls in both bathrooms along with one-piece toilets. The open kitchen with all new stainless steel appliances, island range hood and gorgeous oversized island countertop flows right into the dining and living rooms for easy entertaining. No more popcorn ceilings to be had, only newly added texture and custom paint throughout including accent walls. As an added bonus, the unit includes a brand new LG washtower laundry center and a 65" Samsung television that has already been mounted on the wall for your convenience. The community offers a seasonal pool and spa as well as a clubhouse and gated parking. Enjoy having access to the Truckee River, which greets you right outside of the front of the building. Set your appointment today! A list of all updates is available upon request. THIS UNIT IS BEING SOLD FULLY FURNISHED. All furnishings, bedding, accessories, appliances, and artwork are all brand new.

2855 Idlewild Dr Unit APT 126, Reno

$410,000

4 Beds ⋅ 2 Baths ⋅ 260013192 MLS

Charming single-story home with 4 bedrooms and strong location appeal near the University. This ranch-style home offers flexible living space on a generous lot in the established East University area. With 4 bedrooms and 2 bathrooms, it provides solid potential for a family, roommates, or an investor looking to update and capitalize on the neighborhood's consistent rental demand from UNR students, faculty, and nearby workers.

500 Winston Dr, Reno

$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

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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.

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