Las Vegas, NV Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Las Vegas is $1,453, a 1.06% decrease compared to the previous year, when the average rent was $1,469.
Studio Apartments at $951 offer the most budget-friendly option with 399 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 713 square feet for $1,292, balancing privacy and affordability.
Two-beedroom units at $1,558 offer 1,027 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,246 sq ft) for $1,887, suitable for larger households.
Average rent in Las Vegas, NV
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,453 | 894 sq. ft. |
| Studio | $951 | 399 sq. ft. |
| 1 Bed | $1,292 | 713 sq. ft. |
| 2 Beds | $1,558 | 1,027 sq. ft. |
| 3 Beds | $1,887 | 1,246 sq. ft. |
Las Vegas, NV rent trends
Rental prices in Las Vegas, NV have decreased by 1.06% over the past year. The average rent moved from $1,469 to $1,453.
What's the typical rent budget in Las Vegas, NV?
The largest share of rentals in Las Vegas, NV (52%) 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 Las Vegas, NV?
108,244 or 44% of the households in Las Vegas, NV are renter-occupied while 136,185 or 56% are owner-occupied.
Most affordable neighborhoods in Las Vegas?
Arts District $954/month
Gateway District $1,036/month
The Strip $1,078/month
All of these neighborhoods fall below the city wide average of $1,453/month.Most expensive neighborhoods in Las Vegas?
Spinnaker Homes at Centennial Hill $1,890/month
Centennial Point $2,007/month
The Crossing $2,037/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Las Vegas, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| The Crossing | $2,037 |
| Centennial Point | $2,007 |
| Spinnaker Homes at Centennial Hill | $1,890 |
| Lone Mountain | $1,854 |
| Chatham Hills | $1,767 |
| Providence | $1,751 |
| Mountain Edge | $1,697 |
| Peccole Ranch | $1,607 |
| Smoke Ranch Villas | $1,579 |
| Centennial | $1,562 |
| Summerlin | $1,558 |
| The Lakes | $1,552 |
| Canyon Gate | $1,445 |
| Coleman Park | $1,432 |
| Northbrooke | $1,410 |
| Rancho Sereno | $1,399 |
| Kensington | $1,390 |
| Hillcrest at Summit Hills | $1,385 |
| Rancho Manor | $1,380 |
| Smoke Ranch | $1,364 |
| Charleston Heights Park | $1,363 |
| Showboat | $1,310 |
| Woodcrest | $1,285 |
| Artesian Heights | $1,279 |
| Quail Estates West | $1,275 |
| Beverly Green | $1,223 |
| Downtown Las Vegas | $1,216 |
| Avila Park | $1,185 |
| Westchester Manor | $1,154 |
| Meadows Mobile Home Park | $1,111 |
| The Strip | $1,078 |
| Gateway District | $1,036 |
| Arts District | $954 |
Las Vegas | Rent Comparison by Neighborhood
Rent in Artesian Heights is 34% higher than in Arts District
Artesian Heights rent is 12% lower than Las Vegas average
Arts District rent is 34% lower than Las Vegas average
How Las Vegas Compares to Other Cities
| City | Average Rent |
|---|---|
| Las Vegas | $1,453 |
| Reno | $1,735 |
| Henderson | $1,650 |
| North Las Vegas | $1,609 |
| Sparks | $1,782 |
| Carson City | $1,539 |
| Mesquite | $1,173 |
| Boulder City | $1,304 |
| Barstow, CA | $1,244 |
| Ridgecrest, CA | $1,054 |
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 Las Vegas 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.