Las Vegas, NV in the News
Would-Be Millennial Homebuyers Fuel the Rise of Lifestyle Renting in 2021
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Frequently Asked Questions
What are the best apartments in Las Vegas, NV?
What is the average rent in Las Vegas, NV?
The average rent in Las Vegas, NV is $1,471. Start your search for apartments in Las Vegas, NV now.
What is the price range for a studio apartment in Las Vegas, NV?
The price range for a studio apartment in Las Vegas, NV is between $805 and $3,066. View all studio apartments in Las Vegas, NV.
What is the price range for a 1-bedroom apartment in Las Vegas, NV?
The price range for a 1-bedroom apartment in Las Vegas, NV is between $442 and $5,674. Browse all available 1-bedroom apartments in Las Vegas, NV now.
What is the price range for a 2-bedroom apartment in Las Vegas, NV?
The price range for a 2-bedroom apartment in Las Vegas, NV is between $805 and $7,360. Browse and find a 2-bedroom apartment in Las Vegas, NV.
What is the price range for a 3-bedroom apartment in Las Vegas, NV?
The price range for a 3-bedroom apartment in Las Vegas, NV is between $620 and $7,589. Browse all available 3-bedroom apartments in Las Vegas, NV.
Renter's guide to Las Vegas, NV
A sprawling desert metropolis with humble beginnings as a ranching outpost, Las Vegas is undoubtedly the largest entertainment hub on the entire West Coast – and possibly even the world. Though nicknamed “Sin City” by outsiders, locals will tell you they have found a delightful assortment of areas in which to carve out a living and call “home”.
Located on the southern tip of the Nevadan border, Las Vegas is the largest city in the state, though only slightly larger than Reno and nearby Henderson. Las Vegas is 270 miles west of the Grand Canyon’s natural splendor, and 265 miles east from all that California has to enjoy.
The Las Vegas climate matches that of the Nevada desert regions; the majority of days are warm and sunny with a dry heat that’s great for exploring the outdoors. Summers (June-August) in the desert average 88 F with some exceedingly hot and rainy days tapering off into much cooler nights. Springs (March-May) average 65 F with variable “rogue weeks” of unseasonably hot or cold weather, and autumns are much the same, averaging 68 F.
Las Vegas, NV Demographics
- Total Population634,773
Female 316,556Male 318,217
- Median Age37.8
Las Vegas, NV has a population of 634,773 according to the most recent data from the U.S. Census Bureau. 318,217 of Las Vegas’s residents are women and 316,556 are men. The median age of those who live in Las Vegas, NV is 37.8.
Cost of Living in Las Vegas, NV
Las Vegas has an extensive public transportation system headed by the Regional Transportation Commission of Southern Nevada (RTC transit), which controls 40 bus routes to city and residential districts. A one-day pass is $12 and a 2-hour pass is $6, with additional passes ranging from 3 days ($20) to 30 days ($65) also available. Local veterans, senior citizens 60 years and over, people with disabilities, and youth ages 6 to 17 are eligible for half-price fares, while children 5 and under ride free.
In addition, the Las Vegas Monorail is open all week long and has seven stations spanning from the MGM Grand Casino to the SLS Las Vegas Resort, most of which run every 15 minutes. A single ride is $5 and a 7-day unlimited pass is $56, with many packages in between. There are more than 3 thousand taxi vehicles in Las Vegas, and the average commute time is 32 minutes, only 7 minutes higher than the national average.
In general, the cost of living in Las Vegas, NV is higher in some respects, lower than others. A gallon of milk is $3.30, for example – 17 cents lower than the national average – and a dozen eggs is $2.64, while the rest of the national typically pays $4.86. An inexpensive meal, however, is $14 – $2 more than the national average – and the cost of living in a Las Vegas 915 square-foot apartment averages $179.20 a month in utilities. The national average is $146.33.
Average Rent in Las Vegas, NV
- Las Vegas, NV Average Rental Price, February 2022 $1,471 /mo
The average monthly rent of apartments in Las Vegas, NV is $1,471.
Las Vegas, NV Apartment Rent Ranges
About 42% of apartment rents in Las Vegas, NV range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 37% of apartments. Around 12% of Las Vegas’s apartments are in the $701-$1,000 price range. 1% of apartments are priced between $501-$700.
Las Vegas, NV Rent Trends
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Compared to the national average rent of $1,628, the average rent in Las Vegas, NV is $1,471.
Living in Las Vegas, NV
Warm weather, no income tax, and the country’s best entertainment are just three reasons why you should move to Las Vegas. A relatively limited job market and the lack of a community feel, however, can be two negatives of living in Las Vegas, NV for some.
Due to its inexpensive dining and abundance of entertainment, Las Vegas was named the best place to retire by MoneyJournal.com in 2014. Las Vegas receives visitors from all around the world, making it one of the most culturally diverse areas in the United States.
Things to do in Las Vegas, NV
Couples attractions include the many Las Vegas casinos such as the legendary MGM Grand on the south end of the Strip; The Cosmopolitan of Las Vegas across the Strip from Planet Hollywood; the romantic Italian-themed Gondola Rides at the Venetian; or The Flamingo Las Vegas - the oldest resort on the Strip still in operation. The grassy knolls and ponds of Floyd Lamb State Park make it one of the most beautiful places in Las Vegas.
Aside from the many Las Vegas casinos and luxury resorts, other cultural attractions & points of interest include the Mob Museum, which educates its visitors on the turbulent history of Nevada law enforcement, and the Wax Museum, which allows attendees to “get up close and personal” to life-sized replicas of famous cultural icons. Don’t forget to grab a bite at the Lotus of Siam, a Thai restaurant on the Strip since 1999, or grab drinks at the Tiki Room for an even more exotic motif.
If you are looking for things to do with kids, Las Vegas has the Wet N Wild waterpark, or Adventuredome, America’s largest indoor amusement park. Similarly, GameWorks has over 45 thousand square feet of entertainment, including the world’s tallest rock climbing wall, multiple eateries, and full-sized arcades. If you and the family are looking for free things to do in Las Vegas, why not gaze at the magnificent Bellagio (Las Vegas) fountains?
It may come as no surprise at this point but shopping in Las Vegas is excellent, with both major national brands and retailers and unique, locally-owned boutiques and antique stores. The Forum Shops at Caesars has approx. 160 specialty stores – including Louis Vuitton, Versace, Giorgio Armani, Valentino and Gucci. The Miracle Mile Shops at Planet Hollywood is another great spot for retail therapy, with more than 170 stores and 15 restaurants.
As for sports, NFL fans will be excited to hear speculation of the “Las Vegas Raiders”, who may be switching from Oakland to play at a future dome-topped Las Vegas stadium that’s rumored to be in the works.
Las Vegas, NV employment & economy
The two booming industries in Las Vegas are hospitality and tourism. The logistics industry keeps goods moving throughout the city and does quite well, too. As you may have predicted, Las Vegas casinos are the biggest employers, with the MGM Grand and Caesars Palace providing a living wage to tens of thousands of workers.
Las Vegas, NV Households
- Total Number of Households231,915
Family 143,794Non-family 88,121
Children 71,633No Children 160,282
- Average People Per Household2.7
- Median Household Income$56,354
- Median Housing Costs Per Month$1,140
According to U.S. Census data, there are 231,915 households in Las Vegas, NV. 143,794 are family households and 88,121 are non-family households. There are 71,633 households with children in Las Vegas and 160,282 households without children. On average, about 2.7 people live in a household in Las Vegas, NV. The median income of a Las Vegas household living in Las Vegas is $56,354 per year. The median housing costs per month are $1,140.
Education in Las Vegas, NV
Las Vegas is served by Clark County (CCSD), the nation's fifth-largest school district. The Las Vegas High School is enjoying its strongest graduation performance in years, and the University of Nevada, Las Vegas has 350 college degrees and 146 enriching academic programs to choose from.
Las Vegas, NV Education Statistics
The level of education of the population of Las Vegas, NV is as follows: 6% have no high school education, 37% completed some high school, 28% partially completed college, 7% have an Associate Degree, 14% have a Bachelor Degree, and 7% have a Graduate Degree.
Tips for renting in Las Vegas, NV
Nevada tenants are legally allowed to withhold rent until critical repairs have been made by their landlord. They may also hire a repairman themselves and deduct the cost from their rent.
If you are moving to Las Vegas from California, be aware that Las Vegas is a driving city. While there are many pedestrians, they may be far less willing to stop and chat with you, unlike most of California. You may want to seek out groups and activities in order to find a social life. If you are moving to Las Vegas from New York and want something that has the look and feel of back home, then the Strip or downtown Vegas are the best areas for you.
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