Submarket data · through July 2026
North Valleys apartment market data
North Valleys apartments were 85.1% occupied with an average effective rent of $1,745 in the latest readings, through July 2026.
That rent is $55 below the Reno market average of $1,800.
Effective rent went from $1,553 in May 2024 to $1,745 in July 2026.
Occupancy
85.1%
Reno overall 94.1%
Effective rent
$1,745
Reno overall $1,800
Occupancy vs Reno
-9.0 pts
Latest readings
Rent vs Reno
-$55
Per month
The trend
How North Valleys has moved
Effective rent
$1,553 in May 2024 to $1,745 in July 2026
Occupancy
94.5% in January 2024 to 85.1% in September 2026
| Report | Occupancy | Effective rent |
|---|---|---|
| September 2026 | 85.1% | n/a |
| August 2026 | 87.1% | n/a |
| July 2026 | 95.4% | $1,745 |
| June 2026 | 95.4% | n/a |
| May 2026 | 93.4% | $1,825 |
| April 2026 | n/a | $1,802 |
| March 2026 | n/a | $1,747 |
| February 2026 | n/a | $1,713 |
| December 2025 | n/a | $1,739 |
| October 2025 | n/a | $1,770 |
| August 2025 | n/a | $1,721 |
| July 2025 | n/a | $1,706 |
Source: ALN Apartment Data. The last 12 reports that list North Valleys; n/a means that figure was not in the report. Analysis by Next Level Property Management.
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