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Las Vegas, NV Rental Market Trends

Highlights

The average rent for an apartment in Las Vegas is $1,107, a 6% increase compared to the previous year.

Average Rent in Las Vegas, NV

Last updated December 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,107 6% 893 sq. ft.

The average size for a Las Vegas, NV apartment is 893 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-$7005%
  • $701-$1,00036%
  • $1,001-$1,50051%
  • $1,501-$2,0007%
  • > $2,0001%

Las Vegas, NV Occupied Housing Units

  • Renter-occupied Households36%
  • Owner-occupied Households63%

81,206 or 36% of the households in Las Vegas, NV are renter-occupied while 140,378 or 63% are owner-occupied.

Las Vegas, NV Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Las Vegas, NV $906 $911 $941 $965 $972 $1,008 $1,040 $1,053 $1,097 $1,111 $1,107
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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Average Rent in Las Vegas, NV By Neighborhood

Neighborhood Average Rent
Southridge $791
Showboat $791
Mayfair $791
John S. Park $791
Huntridge Park $791
Hillside Heights $791
Francisco Park $791
Crestwood $791
Beverly Green $791
Stewart Place $852
Gateway District $886
Arts District $889
The Strip $896
Downtown Las Vegas $910
Ridgemount $931
Rancho Nevada Estates $931
Rancho Circle $931
Rancho Bel Air $931
Pittman $931
Palomino Area $931
Meadows $931
Images $931
Fremont Estates $931
Charleston Preservation $931
Charleston Heights $931
Charleston Estates $931
Valley $935
Westleigh $937
Scotch Eighty $937
Rancho Sereno $937
Quail Estates West $937
Meadows Mobile Home Park $937
McNeill Estates $937
Glen Heather Estates $937
Artesian Heights $937
Pinto Palomino $943
Washington Square $945
Cross Roads $945
Rancho Springs $955
Kensington $975
Whispering Timbers $983
Vegas Heights $983
Rancho Manor $983
Marble Manor $983
Hillcrest at Summit Hills $983
Diamond Point $983
Bonanza Village $983
Berkley Square $983
Upland Alta $1,021
Torrey Pines Preservation $1,021
Twin Lakes $1,029
Woodcrest $1,056
Westchester Manor $1,056
Tanglewood $1,056
Sterling Springs $1,056
Smoke Ranch Villas $1,056
Smoke Ranch $1,056
Rosewood $1,056
Rock Creek Manor $1,056
Paul Culley $1,056
Golf Ridge Terrace $1,056
Desert Park $1,056
Curtis Park Manor $1,056
Coleman Park $1,056
Charleston Heights Park $1,056
Bavington Court $1,056
Avila Park $1,056
Alondra $1,056
Northbrooke $1,101
The Springs $1,112
Romano Ridge $1,112
Rancho Alta Mira $1,112
Nortwest Area $1,112
Northwest Citizens Board $1,112
Los Prados $1,112
Grand Entries $1,112
Eagle Crossing $1,112
Eagle Creek Heights $1,112
Eagle Creek $1,112
Copper Crest $1,112
Ambiance Estates $1,112
Meister Park North $1,195
Elkhorn Cimarron Estates $1,195
Copperfield $1,195
Canyon Gate $1,203
Sunhampton $1,230
Silver Spur $1,230
Northshore Reflections $1,230
Mountain Shadows $1,230
Mountain Crest $1,230
Mira Vista $1,230
Majestic Park $1,230
Lone Mountain $1,230
Grandview $1,230
El Capitan Ranch $1,230
Copperhead Hills $1,230
Cimarron Gowan $1,230
Buckskin Basin Park $1,230
American West Village $1,230
Desert Shores $1,231
West Sahara $1,236
The Lakes $1,236
Relente $1,236
Peccole Ranch $1,236
Summerlin $1,263
Spring Mountain Ranch $1,269
Centennial Point $1,269
Providence $1,299
Grand Teton Village $1,299
Centennial $1,299
Valley Crest $1,315
Tripoly at Towne Center $1,315
Town Center Village $1,315
Town Center Estates $1,315
Timberlake $1,315
Spinnaker Homes at Centennial Hill $1,315
Ridgegate $1,315
Remington Place $1,315
Painted Desert $1,315
Centennial Heights $1,315
Cascade $1,315
Aventine - Tramonti $1,315
Astoria at Town Center $1,315
Antelope $1,315
Chatham Hills $1,330
Mountain Edge $1,352
Wyeth Ranch $1,373
Whisper Creek $1,373
Tule Springs $1,373
Stone Mountain $1,373
Skypointe $1,373
Silverstone Ranch $1,373
Shenandoah $1,373
Savannah Falls $1,373
San Marino Circle $1,373
Paradise Meadows $1,373
Paloma $1,373
Lynbrook $1,373
Lamplight Estates $1,373
Iron Mountain Ranch $1,373
Hillstone Estates $1,373
Four Winds $1,373
Elkhorn $1,373
Eagle Canyon $1,373
Diamond Creek $1,373
Cimarron Springs $1,373
Carriage Park $1,373
Carmel Canyon $1,373
Canyon Mist Estates $1,373
Bradley Ranch $1,373
Apples Eye Park $1,373
Appaloosa Canyon Quarterhorse Falls $1,373
Queensridge $1,464
Desert Hills $1,493
The Crossing $1,517
The Canyons $1,517
The Paseos $1,674
Summerlin Village $1,674
Paradiso $1,674
Amber Hills $1,694
Red Rock $1,781
The Hills $1,821
Sun City $1,821
Mountain Trails $1,821
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The most affordable neighborhoods in Las Vegas are Beverly Green, where the average rent goes for $791/month, Crestwood, where renters pay $791/mo on average, and Francisco Park, where the average rent goes for $791/mo. If you’re looking for other great deals, check out the listings from Hillside Heights ($791), Huntridge Park ($791), and John S. Park ($791), where the asking prices are below the average Las Vegas rent of $1,107/mo.

The most expensive neighborhoods in Las Vegas are Mountain Trails ($1,821), Sun City ($1,821) and The Hills ($1,821).

The most popular neighborhood in Las Vegas is Downtown Las Vegas, where there are 27 verified RENTCafé listings with an average rent of $910. Next up is Summerlin, where apartments go for $1,263/month, followed by Grandview with $1,230 If you’re looking to rent in Las Vegas’s most popular neighborhoods, make sure to also check out Quail Estates West, where renters pay $937 on average, and Spring Mountain Ranch, where the average monthly rent is $1,269.

Las Vegas | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Alondra is 38% lower than in Amber Hills

$1,056

Alondra rent is 5% lower than Las Vegas average

Average Rent $1,056
$1,694

Amber Hills rent is 53% higher than Las Vegas average

Average Rent $1,694

How Las Vegas Compares to Other Cities

Average Rent Y-o-Y Change
Las Vegas $1,107 6%
Paradise $907 5%
North Las Vegas $1,111 7%
Henderson $1,317 5%
Spring Valley $1,220 6%
Reno $1,270 2%
Sunrise Manor $933 7%
Enterprise $1,164 7%
Sparks $1,381 6%
Whitney $1,016 5%
Carson City $1,074 5%

For more information about the Las Vegas rental trends, check out our monthly rent report

Check out Nevada Cities, Nevada Neighborhoods and Nevada Zip Codes for more details on verified listings, including the Nevada Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

Cheapest Listings on RENTCafé

Mid-priced Listings on RENTCafé

Most Expensive Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Las Vegas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.