Because of its safety and robustness with reproducible image quality, three-dimensional gadolinium-enhanced magnetic resonance angiography (3D-Gd-MRA) has been widely established as a diagnostic tool for screening and grading of renal artery stenosis. Accuracy and superiority over other noninvasive imaging procedures was again demonstrated in two recent meta-analyses. However, ambiguous results on the accuracy of this technique have been reported recently, again questioning the sole role of this modality for diagnostic assessment of the renal arteries. The main deficiencies of the technique are limited spatial resolution, high interobserver variability, limited anatomic coverage, as well as inability to assess the stenosis site after stent placement. In addition, a high level of competition has been introduced by techniques such as 16 detector multislice computed tomography, which generates superb image quality, with broad anatomic coverage and high spatial resolution, with minimal technical complexity. Lastly, aggressive search for renal artery stenosis by angiographic techniques in patients with hypertension is of debate, since only a limited percentage of these patients benefit from interventions. In this article, a comprehensive approach to high-resolution 3D-Gd-MRA, using parallel imaging in combination with cardiac-gated, phase-contrast flow measurements, is reviewed. This review is based on various studies and articles that address many of the problems of 3D-Gd-MRA. By making use of maximum spatial resolution and additional functional data, MRI permits accurate detection and grading of renal artery stenosis in most cases, with acceptable interobserver variability.