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Reno, Nevada, apartment market poised for further recovery in 2026

Dropoff in supply additions supports vacancy improvement
CoStar Analytics
December 19, 2025 | 8:40 P.M.

After a turbulent few years marked by pandemic-driven supply imbalances, Reno, Nevada’s apartment market is continuing its steady climb back toward stability. Taking 2024 as an inflection point and 2025 as the start of recovery, then 2026 is shaping up to be another year of improvement.

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