Nevada Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Nevada is $1,570, a 1.47% increase compared to the previous year, when the average rent was $1,547.
Studio Apartments at $1,019 offer the most budget-friendly option with 404 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 719 square feet for $1,385, balancing privacy and affordability.
Two-bedroom units at $1,662 offer 1,033 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,283 sq ft) for $2,030, suitable for larger households.
Average rent in Nevada
Last updated: September 30, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,570 | 912 sq. ft. |
| Studio | $1,019 | 404 sq. ft. |
| 1 Bed | $1,385 | 719 sq. ft. |
| 2 Beds | $1,662 | 1,033 sq. ft. |
| 3 Beds | $2,030 | 1,283 sq. ft. |
Nevada rent trends
What's the typical rent budget in Nevada?
The largest share of rentals in Nevada (41%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Nevada?
481,396 or 40% of the households in Nevada are renter-occupied while 721,197 or 60% are owner-occupied.
How Nevada Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,334 | 993 sq. ft. |
| Arizona | $1,574 | 867 sq. ft. |
| Arkansas | $1,162 | 896 sq. ft. |
| California | $2,694 | 854 sq. ft. |
| Colorado | $1,859 | 879 sq. ft. |
| Connecticut | $2,209 | 899 sq. ft. |
| Delaware | $1,735 | 928 sq. ft. |
| District of Columbia | $2,460 | 747 sq. ft. |
| Florida | $1,999 | 987 sq. ft. |
| Georgia | $1,663 | 1,030 sq. ft. |
| Idaho | $1,721 | 933 sq. ft. |
| Illinois | $2,071 | 842 sq. ft. |
| Indiana | $1,346 | 912 sq. ft. |
| Iowa | $1,265 | 900 sq. ft. |
| Kansas | $1,348 | 910 sq. ft. |
| Kentucky | $1,354 | 937 sq. ft. |
| Louisiana | $1,265 | 916 sq. ft. |
| Maine | $2,118 | 833 sq. ft. |
| Maryland | $1,898 | 908 sq. ft. |
| Massachusetts | $2,863 | 881 sq. ft. |
| Michigan | $1,437 | 921 sq. ft. |
| Minnesota | $1,676 | 896 sq. ft. |
| Mississippi | $1,337 | 1,011 sq. ft. |
| Missouri | $1,382 | 904 sq. ft. |
| Montana | $1,819 | 905 sq. ft. |
| Nebraska | $1,380 | 932 sq. ft. |
| Nevada | $1,570 | 912 sq. ft. |
| New Hampshire | $2,226 | 887 sq. ft. |
| New Jersey | $2,463 | 872 sq. ft. |
| New Mexico | $1,438 | 840 sq. ft. |
| New York | $2,683 | 880 sq. ft. |
| North Carolina | $1,583 | 982 sq. ft. |
| North Dakota | $1,215 | 968 sq. ft. |
| Ohio | $1,362 | 902 sq. ft. |
| Oklahoma | $1,089 | 859 sq. ft. |
| Oregon | $1,758 | 844 sq. ft. |
| Pennsylvania | $1,837 | 891 sq. ft. |
| Rhode Island | $2,246 | 918 sq. ft. |
| South Carolina | $1,668 | 1,019 sq. ft. |
| South Dakota | $1,217 | 912 sq. ft. |
| Tennessee | $1,557 | 956 sq. ft. |
| Texas | $1,455 | 894 sq. ft. |
| Utah | $1,671 | 936 sq. ft. |
| Virginia | $2,019 | 925 sq. ft. |
| Washington | $2,059 | 832 sq. ft. |
| Wisconsin | $1,663 | 926 sq. ft. |
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Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Nevada apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.