Spring Valley, NV Rental Market Trends
Highlights
The average rent for an apartment in Spring Valley is $1,204, a 4% increase compared to the previous year, when the average rent was $1,156.
Average Rent in Spring Valley, NV
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,204 | 4% | 951 sq. ft. |
The average size for a Spring Valley, NV apartment is 951 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.
Spring Valley, NV Apartment Rent Ranges
- $701-$1,00020%
- $1,001-$1,50070%
- $1,501-$2,0009%
- > $2,0001%
Spring Valley, NV Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
29,054 or 38% of the households in Spring Valley, NV are renter-occupied while 45,467 or 61% are owner-occupied.
Spring Valley, NV Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | May / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Spring Valley, NV | $1,002 | $1,039 | $1,069 | $1,072 | $1,072 | $1,149 | $1,156 | $1,205 | $1,220 | $1,204 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Spring Valley, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Southridge | $804 |
| Showboat | $804 |
| Mayfair | $804 |
| John S. Park | $804 |
| Huntridge Park | $804 |
| Hillside Heights | $804 |
| Francisco Park | $804 |
| Crestwood | $804 |
| Beverly Green | $804 |
| Stewart Place | $860 |
| Gateway District | $885 |
| Arts District | $889 |
| Downtown Las Vegas | $912 |
| Ridgemount | $918 |
| Rancho Nevada Estates | $918 |
| Rancho Circle | $918 |
| Rancho Bel Air | $918 |
| Pittman | $918 |
| Palomino Area | $918 |
| Meadows | $918 |
| Images | $918 |
| Fremont Estates | $918 |
| Charleston Preservation | $918 |
| Charleston Heights | $918 |
| Charleston Estates | $918 |
| The Strip | $925 |
| Westleigh | $930 |
| Scotch Eighty | $930 |
| Rancho Sereno | $930 |
| Quail Estates West | $930 |
| Meadows Mobile Home Park | $930 |
| McNeill Estates | $930 |
| Glen Heather Estates | $930 |
| Artesian Heights | $930 |
| Pinto Palomino | $932 |
| Rancho Springs | $937 |
| Valley | $940 |
| Washington Square | $948 |
| Cross Roads | $948 |
| Whispering Timbers | $958 |
| Vegas Heights | $958 |
| Rancho Manor | $958 |
| Marble Manor | $958 |
| Hillcrest at Summit Hills | $958 |
| Diamond Point | $958 |
| Bonanza Village | $958 |
| Berkley Square | $958 |
| Kensington | $972 |
| Twin Lakes | $1,018 |
| Upland Alta | $1,022 |
| Torrey Pines Preservation | $1,022 |
| Woodcrest | $1,045 |
| Westchester Manor | $1,045 |
| Tanglewood | $1,045 |
| Sterling Springs | $1,045 |
| Smoke Ranch Villas | $1,045 |
| Smoke Ranch | $1,045 |
| Rosewood | $1,045 |
| Rock Creek Manor | $1,045 |
| Paul Culley | $1,045 |
| Golf Ridge Terrace | $1,045 |
| Desert Park | $1,045 |
| Curtis Park Manor | $1,045 |
| Coleman Park | $1,045 |
| Charleston Heights Park | $1,045 |
| Bavington Court | $1,045 |
| Avila Park | $1,045 |
| Alondra | $1,045 |
| Northbrooke | $1,093 |
| The Springs | $1,139 |
| Romano Ridge | $1,139 |
| Rancho Alta Mira | $1,139 |
| Nortwest Area | $1,139 |
| Northwest Citizens Board | $1,139 |
| Los Prados | $1,139 |
| Grand Entries | $1,139 |
| Eagle Crossing | $1,139 |
| Eagle Creek Heights | $1,139 |
| Eagle Creek | $1,139 |
| Copper Crest | $1,139 |
| Ambiance Estates | $1,139 |
| Canyon Gate | $1,192 |
| Sunhampton | $1,211 |
| Silver Spur | $1,211 |
| Northshore Reflections | $1,211 |
| Mountain Shadows | $1,211 |
| Mountain Crest | $1,211 |
| Mira Vista | $1,211 |
| Majestic Park | $1,211 |
| Lone Mountain | $1,211 |
| Grandview | $1,211 |
| El Capitan Ranch | $1,211 |
| Copperhead Hills | $1,211 |
| Cimarron Gowan | $1,211 |
| Buckskin Basin Park | $1,211 |
| American West Village | $1,211 |
| Meister Park North | $1,212 |
| Elkhorn Cimarron Estates | $1,212 |
| Copperfield | $1,212 |
| West Sahara | $1,219 |
| The Lakes | $1,219 |
| Relente | $1,219 |
| Peccole Ranch | $1,219 |
| Desert Shores | $1,220 |
| Summerlin | $1,244 |
| Spring Mountain Ranch | $1,282 |
| Centennial Point | $1,282 |
| Mountain Edge | $1,286 |
| Providence | $1,314 |
| Grand Teton Village | $1,314 |
| Centennial | $1,314 |
| Valley Crest | $1,330 |
| Tripoly at Towne Center | $1,330 |
| Town Center Village | $1,330 |
| Town Center Estates | $1,330 |
| Timberlake | $1,330 |
| Spinnaker Homes at Centennial Hill | $1,330 |
| Ridgegate | $1,330 |
| Remington Place | $1,330 |
| Painted Desert | $1,330 |
| Centennial Heights | $1,330 |
| Cascade | $1,330 |
| Aventine - Tramonti | $1,330 |
| Astoria at Town Center | $1,330 |
| Antelope | $1,330 |
| Chatham Hills | $1,339 |
| Wyeth Ranch | $1,367 |
| Whisper Creek | $1,367 |
| Tule Springs | $1,367 |
| Stone Mountain | $1,367 |
| Skypointe | $1,367 |
| Silverstone Ranch | $1,367 |
| Shenandoah | $1,367 |
| Savannah Falls | $1,367 |
| San Marino Circle | $1,367 |
| Paradise Meadows | $1,367 |
| Paloma | $1,367 |
| Lynbrook | $1,367 |
| Lamplight Estates | $1,367 |
| Iron Mountain Ranch | $1,367 |
| Hillstone Estates | $1,367 |
| Four Winds | $1,367 |
| Elkhorn | $1,367 |
| Eagle Canyon | $1,367 |
| Diamond Creek | $1,367 |
| Cimarron Springs | $1,367 |
| Carriage Park | $1,367 |
| Carmel Canyon | $1,367 |
| Canyon Mist Estates | $1,367 |
| Bradley Ranch | $1,367 |
| Apples Eye Park | $1,367 |
| Appaloosa Canyon Quarterhorse Falls | $1,367 |
| Queensridge | $1,400 |
| The Crossing | $1,442 |
| The Canyons | $1,442 |
| Desert Hills | $1,464 |
| The Paseos | $1,607 |
| Summerlin Village | $1,607 |
| Paradiso | $1,607 |
| Amber Hills | $1,654 |
| The Hills | $1,743 |
| Sun City | $1,743 |
| Mountain Trails | $1,743 |
| Red Rock | $1,758 |
The most affordable neighborhoods in Spring Valley are Beverly Green, where the average rent goes for $804/month, Crestwood, where renters pay $804/mo on average, and Francisco Park, where the average rent goes for $804/mo. If you’re looking for other great deals, check out the listings from Hillside Heights ($804), Huntridge Park ($804), and John S. Park ($804), where the asking prices are below the average Spring Valley rent of $1,204/mo.
The most expensive neighborhoods in Spring Valley are Sun City ($1,743), The Hills ($1,743) and Red Rock ($1,758).
The most popular neighborhood in Spring Valley is Downtown Las Vegas, where there are 25 verified RENTCafé listings with an average rent of $912. Next up is Summerlin, where apartments go for $1,244/month, followed by Quail Estates West with $930 If you’re looking to rent in Spring Valley’s most popular neighborhoods, make sure to also check out The Strip, where renters pay $925 on average, and Coleman Park, where the average monthly rent is $1,045.
Spring Valley | Rent Comparison by Neighborhood
Rent in Alondra is 37% lower than in Amber Hills
Alondra rent is 13% lower than Spring Valley average
| Average Rent | $1,045 |
|---|
Amber Hills rent is 37% higher than Spring Valley average
| Average Rent | $1,654 |
|---|
How Spring Valley Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Las Vegas | $1,107 | 5% |
| Paradise | $917 | 6% |
| Henderson | $1,324 | 5% |
| Spring Valley | $1,204 | 4% |
| Reno | $1,285 | 4% |
| North Las Vegas | $1,116 | 7% |
| Sunrise Manor | $936 | 6% |
| Sparks | $1,360 | 2% |
| Enterprise | $1,158 | 4% |
| Winchester | $938 | 7% |
| Whitney | $1,027 | 4% |
For more information about the Spring Valley 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!