Las Vegas, NV Rental Market Trends
Highlights
The average rent for an apartment in Las Vegas is $1,155, a 4% increase compared to the previous year.
Average Rent in Las Vegas, NV
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,155 | 4% | 891 sq. ft. |
The average size for a Las Vegas, NV apartment is 891 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-$1,00030%
- $1,001-$1,50055%
- $1,501-$2,00011%
- > $2,0001%
Las Vegas, NV Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
85,189 or 37% of the households in Las Vegas, NV are renter-occupied while 141,207 or 62% are owner-occupied.
Las Vegas, NV Rent Trends
| Average Rent | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Dec / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Las Vegas, NV | $941 | $965 | $972 | $1,008 | $1,040 | $1,053 | $1,097 | $1,111 | $1,109 | $1,109 | $1,155 |
| National | $1,373 | $1,378 | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Las Vegas, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Red Rock | $1,780 |
| Mountain Trails | $1,731 |
| Sun City | $1,731 |
| The Hills | $1,731 |
| Amber Hills | $1,678 |
| Paradiso | $1,650 |
| Summerlin Village | $1,650 |
| The Paseos | $1,650 |
| Desert Hills | $1,517 |
| The Canyons | $1,468 |
| The Crossing | $1,468 |
| Queensridge | $1,440 |
| Appaloosa Canyon Quarterhorse Falls | $1,396 |
| Apples Eye Park | $1,396 |
| Bradley Ranch | $1,396 |
| Canyon Mist Estates | $1,396 |
| Carmel Canyon | $1,396 |
| Carriage Park | $1,396 |
| Cimarron Springs | $1,396 |
| Diamond Creek | $1,396 |
| Eagle Canyon | $1,396 |
| Elkhorn | $1,396 |
| Four Winds | $1,396 |
| Hillstone Estates | $1,396 |
| Iron Mountain Ranch | $1,396 |
| Lamplight Estates | $1,396 |
| Lynbrook | $1,396 |
| Paloma | $1,396 |
| Paradise Meadows | $1,396 |
| San Marino Circle | $1,396 |
| Savannah Falls | $1,396 |
| Shenandoah | $1,396 |
| Silverstone Ranch | $1,396 |
| Skypointe | $1,396 |
| Stone Mountain | $1,396 |
| Tule Springs | $1,396 |
| Whisper Creek | $1,396 |
| Wyeth Ranch | $1,396 |
| Chatham Hills | $1,373 |
| Antelope | $1,365 |
| Astoria at Town Center | $1,365 |
| Aventine - Tramonti | $1,365 |
| Cascade | $1,365 |
| Centennial Heights | $1,365 |
| Painted Desert | $1,365 |
| Remington Place | $1,365 |
| Ridgegate | $1,365 |
| Spinnaker Homes at Centennial Hill | $1,365 |
| Timberlake | $1,365 |
| Town Center Estates | $1,365 |
| Town Center Village | $1,365 |
| Tripoly at Towne Center | $1,365 |
| Valley Crest | $1,365 |
| Centennial | $1,363 |
| Grand Teton Village | $1,363 |
| Providence | $1,363 |
| Centennial Point | $1,358 |
| Spring Mountain Ranch | $1,358 |
| Mountain Edge | $1,354 |
| Summerlin | $1,298 |
| Peccole Ranch | $1,294 |
| Relente | $1,294 |
| The Lakes | $1,294 |
| West Sahara | $1,294 |
| Desert Shores | $1,273 |
| Copperfield | $1,273 |
| Elkhorn Cimarron Estates | $1,273 |
| Meister Park North | $1,273 |
| American West Village | $1,269 |
| Buckskin Basin Park | $1,269 |
| Cimarron Gowan | $1,269 |
| Copperhead Hills | $1,269 |
| El Capitan Ranch | $1,269 |
| Grandview | $1,269 |
| Lone Mountain | $1,269 |
| Majestic Park | $1,269 |
| Mira Vista | $1,269 |
| Mountain Crest | $1,269 |
| Mountain Shadows | $1,269 |
| Northshore Reflections | $1,269 |
| Silver Spur | $1,269 |
| Sunhampton | $1,269 |
| Canyon Gate | $1,259 |
| Ambiance Estates | $1,202 |
| Copper Crest | $1,202 |
| Eagle Creek | $1,202 |
| Eagle Creek Heights | $1,202 |
| Eagle Crossing | $1,202 |
| Grand Entries | $1,202 |
| Los Prados | $1,202 |
| Northwest Citizens Board | $1,202 |
| Nortwest Area | $1,202 |
| Rancho Alta Mira | $1,202 |
| Romano Ridge | $1,202 |
| The Springs | $1,202 |
| Northbrooke | $1,163 |
| Alondra | $1,124 |
| Avila Park | $1,124 |
| Bavington Court | $1,124 |
| Charleston Heights Park | $1,124 |
| Coleman Park | $1,124 |
| Curtis Park Manor | $1,124 |
| Desert Park | $1,124 |
| Golf Ridge Terrace | $1,124 |
| Paul Culley | $1,124 |
| Rock Creek Manor | $1,124 |
| Rosewood | $1,124 |
| Smoke Ranch | $1,124 |
| Smoke Ranch Villas | $1,124 |
| Sterling Springs | $1,124 |
| Tanglewood | $1,124 |
| Westchester Manor | $1,124 |
| Woodcrest | $1,124 |
| Twin Lakes | $1,099 |
| Torrey Pines Preservation | $1,082 |
| Upland Alta | $1,082 |
| Kensington | $1,009 |
| Charleston Estates | $1,007 |
| Charleston Heights | $1,007 |
| Charleston Preservation | $1,007 |
| Fremont Estates | $1,007 |
| Images | $1,007 |
| Meadows | $1,007 |
| Palomino Area | $1,007 |
| Pittman | $1,007 |
| Rancho Bel Air | $1,007 |
| Rancho Circle | $1,007 |
| Rancho Nevada Estates | $1,007 |
| Ridgemount | $1,007 |
| Rancho Springs | $991 |
| Valley | $979 |
| Cross Roads | $975 |
| Washington Square | $975 |
| Pinto Palomino | $974 |
| Berkley Square | $974 |
| Bonanza Village | $974 |
| Diamond Point | $974 |
| Hillcrest at Summit Hills | $974 |
| Marble Manor | $974 |
| Rancho Manor | $974 |
| Vegas Heights | $974 |
| Whispering Timbers | $974 |
| Artesian Heights | $966 |
| Glen Heather Estates | $966 |
| McNeill Estates | $966 |
| Meadows Mobile Home Park | $966 |
| Quail Estates West | $966 |
| Rancho Sereno | $966 |
| Scotch Eighty | $966 |
| Westleigh | $966 |
| The Strip | $955 |
| Downtown Las Vegas | $936 |
| Arts District | $918 |
| Gateway District | $918 |
| Stewart Place | $887 |
| Beverly Green | $830 |
| Crestwood | $830 |
| Francisco Park | $830 |
| Hillside Heights | $830 |
| Huntridge Park | $830 |
| John S. Park | $830 |
| Mayfair | $830 |
| Showboat | $830 |
| Southridge | $830 |
The most affordable neighborhoods in Las Vegas are Beverly Green, where the average rent goes for $830/month, Crestwood, where renters pay $830/mo on average, and Francisco Park, where the average rent goes for $830/mo. If you’re looking for other great deals, check out the listings from Hillside Heights ($830), Huntridge Park ($830), and John S. Park ($830), where the asking prices are below the average Las Vegas rent of $1,155/mo.
The most expensive neighborhoods in Las Vegas are Sun City ($1,731), The Hills ($1,731) and Red Rock ($1,780).
The most popular neighborhood in Las Vegas is Downtown Las Vegas, where there are 29 verified RENTCafé listings with an average rent of $936. Next up is Summerlin, where apartments go for $1,298/month, followed by Mountain Edge with $1,354 If you’re looking to rent in Las Vegas’s most popular neighborhoods, make sure to also check out Iron Mountain Ranch, where renters pay $1,396 on average, and Providence, where the average monthly rent is $1,363.
Las Vegas | Rent Comparison by Neighborhood
Rent in Alondra is 33% lower than in Amber Hills
Alondra rent is 3% lower than Las Vegas average
| Average Rent | $1,124 |
|---|
Amber Hills rent is 45% higher than Las Vegas average
| Average Rent | $1,678 |
|---|
How Las Vegas Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Las Vegas | $1,155 | 4% |
| Reno | $1,336 | 4% |
| North Las Vegas | $1,213 | 8% |
| Paradise | $952 | 4% |
| Henderson | $1,363 | 3% |
| Spring Valley | $1,266 | 4% |
| Sparks | $1,441 | 4% |
| Enterprise | $1,191 | 2% |
| Sunrise Manor | $989 | 6% |
| Whitney | $1,085 | 7% |
| Carson City | $1,136 | 6% |
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!