Monthly brief · September 2026
Reno apartment market update for September 2026.
Four numbers and a few plain-English takeaways, read from the latest ALN report. Get it in your inbox each month, or open the full dashboard to dig in.
Effective rent
$1,800
+5.1% from a year ago
Occupancy
94.1%
Offering concessions
16%
Units absorbed, 12 months
1,064
2,141 the month before
What stands out
The numbers, in plain English.
Each line below states a figure from the latest report and how it compares. Nothing is estimated.
Effective rent in September 2026 was $1,800, up 5.1% from a year ago. Residents paid about $24 a month less than the average $1,824 asking rent, the cost of discounts.
Occupancy was 94.1%.
16% of properties were offering concessions.
Net units absorbed over the trailing year fell to 1,064 from 2,141 in August 2026.
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Data: ALN Apartment Data (alndata.com), Reno market reports for conventional properties. Takeaways and analysis by Next Level Property Management. For information only; not investment advice.
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