Submarket data · through September 2026
Sparks apartment market data
Sparks apartments were 95.7% occupied with an average effective rent of $1,883 in the latest readings, through September 2026.
That rent is $83 above the Reno market average of $1,800.
Effective rent went from $1,594 in January 2024 to $1,883 in September 2026.
Occupancy
95.7%
Reno overall 94.1%
Effective rent
$1,883
Reno overall $1,800
Occupancy vs Reno
+1.6 pts
Latest readings
Rent vs Reno
+$83
Per month
The trend
How Sparks has moved
Effective rent
$1,594 in January 2024 to $1,883 in September 2026
Occupancy
85.0% in May 2024 to 95.7% in September 2026
| Report | Occupancy | Effective rent |
|---|---|---|
| September 2026 | 95.7% | $1,883 |
| August 2026 | 95.9% | $1,882 |
| July 2026 | 96.0% | $1,885 |
| June 2026 | 96.2% | $1,849 |
| May 2026 | 94.9% | $1,838 |
| April 2026 | 91.2% | $1,804 |
| March 2026 | 93.9% | $1,801 |
| February 2026 | 91.4% | $1,781 |
| January 2026 | 91.4% | $1,761 |
| December 2025 | 91.3% | $1,761 |
| October 2025 | 91.2% | $1,747 |
| August 2025 | 89.1% | $1,731 |
Source: ALN Apartment Data. The last 12 reports that list Sparks; n/a means that figure was not in the report. Analysis by Next Level Property Management.
Other submarkets
Keep comparing
Own apartments in Sparks?
See where your building stands against this submarket, and what closing the gap would be worth.
Questions