Paradise, 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 Paradise is $1,339, a 1.55% decrease compared to the previous year, when the average rent was $1,360.
Studio Apartments at $979 offer the most budget-friendly option with 441 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 676 square feet for $1,187, balancing privacy and affordability.
Two-beedroom units at $1,467 offer 985 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,211 sq ft) for $1,828, suitable for larger households.
Average rent in Paradise, NV
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,339 | 831 sq. ft. |
| Studio | $979 | 441 sq. ft. |
| 1 Bed | $1,187 | 676 sq. ft. |
| 2 Beds | $1,467 | 985 sq. ft. |
| 3 Beds | $1,828 | 1,211 sq. ft. |
Paradise, NV rent trends
Rental prices in Paradise, NV have decreased by 1.55% over the past year. The average rent moved from $1,360 to $1,339.
What's the typical rent budget in Paradise, NV?
The largest share of rentals in Paradise, NV (59%) 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 Paradise, NV?
44,857 or 59% of the households in Paradise, NV are renter-occupied while 31,469 or 41% are owner-occupied.
Most affordable neighborhoods in Paradise?
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 $1,339/month.Most expensive neighborhoods in Paradise?
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 Paradise, 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 |
Paradise | Rent Comparison by Neighborhood
Rent in Artesian Heights is 34% higher than in Arts District
Artesian Heights rent is 4% lower than Paradise average
Arts District rent is 29% lower than Paradise average
How Paradise Compares to Other Cities
| City | Average Rent |
|---|---|
| Paradise | $1,339 |
| 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 |
| Spring Valley | $1,635 |
| Sunrise Manor | $1,251 |
| Enterprise | $1,836 |
| Winchester | $1,246 |
| Whitney | $1,378 |
| Summerlin South | $2,364 |
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 Paradise 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.