Las Vegas, NV Rental Market Trends
What is the average rent in Las Vegas?
The average rent for an apartment in Las Vegas is $1,196, a 9% increase compared to the previous year.
Average Rent in Las Vegas, NV
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,196 | 9% | 892 sq. ft. |
What is the average apartment size in Las Vegas?
The average size for a Las Vegas, NV apartment is 892 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Las Vegas, NV Apartment Rent Ranges
- $501-$7003%
- $701-$1,00027%
- $1,001-$1,50056%
- $1,501-$2,00013%
- > $2,0002%
Las Vegas, NV Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
88,121 or 37% of the households in Las Vegas, NV are renter-occupied while 143,794 or 62% are owner-occupied.
Las Vegas, NV Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Las Vegas, NV | $972 | $1,008 | $1,040 | $1,053 | $1,097 | $1,111 | $1,109 | $1,109 | $1,150 | $1,180 | $1,196 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Las Vegas, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Mountain Trails | $1,856 |
| Sun City | $1,856 |
| The Hills | $1,856 |
| Red Rock | $1,820 |
| Amber Hills | $1,731 |
| Paradiso | $1,623 |
| Summerlin Village | $1,623 |
| The Paseos | $1,623 |
| The Canyons | $1,550 |
| The Crossing | $1,550 |
| Desert Hills | $1,545 |
| Queensridge | $1,486 |
| Mountain Edge | $1,423 |
| Appaloosa Canyon Quarterhorse Falls | $1,421 |
| Apples Eye Park | $1,421 |
| Bradley Ranch | $1,421 |
| Canyon Mist Estates | $1,421 |
| Carmel Canyon | $1,421 |
| Carriage Park | $1,421 |
| Cimarron Springs | $1,421 |
| Diamond Creek | $1,421 |
| Eagle Canyon | $1,421 |
| Elkhorn | $1,421 |
| Four Winds | $1,421 |
| Hillstone Estates | $1,421 |
| Iron Mountain Ranch | $1,421 |
| Lamplight Estates | $1,421 |
| Lynbrook | $1,421 |
| Paloma | $1,421 |
| Paradise Meadows | $1,421 |
| San Marino Circle | $1,421 |
| Savannah Falls | $1,421 |
| Shenandoah | $1,421 |
| Silverstone Ranch | $1,421 |
| Skypointe | $1,421 |
| Stone Mountain | $1,421 |
| Tule Springs | $1,421 |
| Whisper Creek | $1,421 |
| Wyeth Ranch | $1,421 |
| Chatham Hills | $1,388 |
| Antelope | $1,377 |
| Astoria at Town Center | $1,377 |
| Aventine - Tramonti | $1,377 |
| Cascade | $1,377 |
| Centennial Heights | $1,377 |
| Painted Desert | $1,377 |
| Remington Place | $1,377 |
| Ridgegate | $1,377 |
| Spinnaker Homes at Centennial Hill | $1,377 |
| Timberlake | $1,377 |
| Town Center Estates | $1,377 |
| Town Center Village | $1,377 |
| Tripoly at Towne Center | $1,377 |
| Valley Crest | $1,377 |
| Centennial | $1,373 |
| Grand Teton Village | $1,373 |
| Providence | $1,373 |
| Centennial Point | $1,366 |
| Spring Mountain Ranch | $1,366 |
| Summerlin | $1,328 |
| American West Village | $1,313 |
| Buckskin Basin Park | $1,313 |
| Cimarron Gowan | $1,313 |
| Copperhead Hills | $1,313 |
| El Capitan Ranch | $1,313 |
| Grandview | $1,313 |
| Lone Mountain | $1,313 |
| Majestic Park | $1,313 |
| Mira Vista | $1,313 |
| Mountain Crest | $1,313 |
| Mountain Shadows | $1,313 |
| Northshore Reflections | $1,313 |
| Silver Spur | $1,313 |
| Sunhampton | $1,313 |
| Desert Shores | $1,308 |
| Copperfield | $1,283 |
| Elkhorn Cimarron Estates | $1,283 |
| Meister Park North | $1,283 |
| Peccole Ranch | $1,265 |
| Relente | $1,265 |
| The Lakes | $1,265 |
| West Sahara | $1,265 |
| Canyon Gate | $1,234 |
| Ambiance Estates | $1,204 |
| Copper Crest | $1,204 |
| Eagle Creek | $1,204 |
| Eagle Creek Heights | $1,204 |
| Eagle Crossing | $1,204 |
| Grand Entries | $1,204 |
| Los Prados | $1,204 |
| Northwest Citizens Board | $1,204 |
| Nortwest Area | $1,204 |
| Rancho Alta Mira | $1,204 |
| Romano Ridge | $1,204 |
| The Springs | $1,204 |
| Northbrooke | $1,184 |
| Alondra | $1,140 |
| Avila Park | $1,140 |
| Bavington Court | $1,140 |
| Charleston Heights Park | $1,140 |
| Coleman Park | $1,140 |
| Curtis Park Manor | $1,140 |
| Desert Park | $1,140 |
| Golf Ridge Terrace | $1,140 |
| Paul Culley | $1,140 |
| Rock Creek Manor | $1,140 |
| Rosewood | $1,140 |
| Smoke Ranch | $1,140 |
| Smoke Ranch Villas | $1,140 |
| Sterling Springs | $1,140 |
| Tanglewood | $1,140 |
| Westchester Manor | $1,140 |
| Woodcrest | $1,140 |
| Twin Lakes | $1,109 |
| Torrey Pines Preservation | $1,071 |
| Upland Alta | $1,071 |
| Kensington | $1,019 |
| The Strip | $1,012 |
| Berkley Square | $1,012 |
| Bonanza Village | $1,012 |
| Diamond Point | $1,012 |
| Hillcrest at Summit Hills | $1,012 |
| Marble Manor | $1,012 |
| Rancho Manor | $1,012 |
| Vegas Heights | $1,012 |
| Whispering Timbers | $1,012 |
| Rancho Springs | $1,002 |
| Valley | $997 |
| Cross Roads | $994 |
| Washington Square | $994 |
| Charleston Estates | $992 |
| Charleston Heights | $992 |
| Charleston Preservation | $992 |
| Fremont Estates | $992 |
| Images | $992 |
| Meadows | $992 |
| Palomino Area | $992 |
| Pittman | $992 |
| Rancho Bel Air | $992 |
| Rancho Circle | $992 |
| Rancho Nevada Estates | $992 |
| Ridgemount | $992 |
| Pinto Palomino | $988 |
| Artesian Heights | $982 |
| Glen Heather Estates | $982 |
| McNeill Estates | $982 |
| Meadows Mobile Home Park | $982 |
| Quail Estates West | $982 |
| Rancho Sereno | $982 |
| Scotch Eighty | $982 |
| Westleigh | $982 |
| Downtown Las Vegas | $952 |
| Gateway District | $939 |
| Arts District | $937 |
| Stewart Place | $912 |
| Beverly Green | $860 |
| Crestwood | $860 |
| Francisco Park | $860 |
| Hillside Heights | $860 |
| Huntridge Park | $860 |
| John S. Park | $860 |
| Mayfair | $860 |
| Showboat | $860 |
| Southridge | $860 |
What are the most affordable neighborhoods in Las Vegas?
The most affordable neighborhoods in Las Vegas are Beverly Green, where the average rent goes for $860/month, Crestwood, where renters pay $860/mo on average, and Francisco Park, where the average rent goes for $860/mo. If you’re looking for other great deals, check out the listings from Hillside Heights ($860), Huntridge Park ($860), and John S. Park ($860), where the asking prices are below the average Las Vegas rent of $1,196/mo.
What are the most expensive neighborhoods in Las Vegas?
The most expensive neighborhoods in Las Vegas are Mountain Trails ($1,856), Sun City ($1,856) and The Hills ($1,856).
What are the most popular neighborhoods in Las Vegas?
The most popular neighborhood in Las Vegas is Downtown Las Vegas, where there are 29 verified RENTCafé listings with an average rent of $952. Next up is Summerlin, where apartments go for $1,328/month, followed by Quail Estates West with $982 If you’re looking to rent in Las Vegas’s most popular neighborhoods, make sure to also check out Coleman Park, where renters pay $1,140 on average, and Meadows Mobile Home Park, where the average monthly rent is $982.
Las Vegas | Rent Comparison by Neighborhood
Rent in Alondra is 34% lower than in Amber Hills
Alondra rent is 5% lower than Las Vegas average
| Average Rent | $1,140 |
|---|
Amber Hills rent is 45% higher than Las Vegas average
| Average Rent | $1,731 |
|---|
How Las Vegas Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Las Vegas | $1,196 | 9% |
| Reno | $1,420 | 11% |
| Henderson | $1,422 | 9% |
| Spring Valley | $1,263 | 5% |
| North Las Vegas | $1,262 | 12% |
| Sunrise Manor | $1,002 | 7% |
| San Bernardino | $1,440 | 11% |
| Victorville | $1,337 | 15% |
| Winchester | $1,021 | 9% |
| Indio | $1,280 | 6% |
| Cathedral City | $1,194 | 3% |