Las Vegas, NV Rental Market Trends
What is the average rent in Las Vegas?
The average rent for an apartment in Las Vegas is $1,457. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Las Vegas, NV
Average Rent | Average Apartment Size |
---|---|
$1,457 | 896 sq. ft. |
What is the average apartment size in Las Vegas?
The average size for a Las Vegas, NV apartment is 896 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
Las Vegas, NV Occupied Housing Units
108,625 or 45% of the households in Las Vegas, NV are renter-occupied while 131,837 or 55% are owner-occupied.
Las Vegas, NV rent trends
Average Rent in Las Vegas, NV By Neighborhood
City | Average Rent |
---|---|
The Hills | $2,271 |
The Crossing | $1,894 |
Carriage Park | $1,711 |
Chatham Hills | $1,685 |
Painted Desert | $1,678 |
Timberlake | $1,678 |
Centennial | $1,674 |
Grand Teton Village | $1,674 |
Centennial Point | $1,666 |
Spring Mountain Ranch | $1,666 |
Mountain Edge | $1,625 |
Summerlin | $1,621 |
Grand Entries | $1,563 |
Northwest Citizens Board | $1,563 |
Nortwest Area | $1,563 |
West Sahara | $1,548 |
Canyon Gate | $1,522 |
American West Village | $1,478 |
Buckskin Basin Park | $1,478 |
Majestic Park | $1,478 |
Mira Vista | $1,478 |
Sunhampton | $1,478 |
Northbrooke | $1,423 |
Avila Park | $1,383 |
Coleman Park | $1,383 |
Curtis Park Manor | $1,383 |
Desert Park | $1,383 |
Smoke Ranch | $1,383 |
Smoke Ranch Villas | $1,383 |
Woodcrest | $1,383 |
Torrey Pines Preservation | $1,369 |
Upland Alta | $1,369 |
Twin Lakes | $1,363 |
Bonanza Village | $1,343 |
Hillcrest at Summit Hills | $1,343 |
Kensington | $1,306 |
Images | $1,287 |
Meadows | $1,287 |
Ridgemount | $1,287 |
Valley | $1,270 |
Artesian Heights | $1,263 |
Meadows Mobile Home Park | $1,263 |
Quail Estates West | $1,263 |
Downtown Las Vegas | $1,239 |
Arts District | $1,207 |
Stewart Place | $1,196 |
The Strip | $1,195 |
Beverly Green | $1,117 |
Showboat | $1,117 |
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 $1,117/month, Showboat, where renters pay $1,117/mo on average, and The Strip, where the average rent goes for $1,195/mo. If you’re looking for other great deals, check out the listings from Stewart Place ($1,196), Arts District ($1,207), and Downtown Las Vegas ($1,239), where the asking prices are below the average Las Vegas rent of $1,457/mo.
What are the most expensive neighborhoods in Las Vegas?
The most expensive neighborhoods in Las Vegas are Carriage Park ($1,711), The Crossing ($1,894) and The Hills ($2,271).
What are the most popular neighborhoods in Las Vegas?
The most popular neighborhood in Las Vegas is Downtown Las Vegas, where there are 3 listings with an average rent of $1,239. Next up is Beverly Green, where apartments go for $1,117/month, followed by Chatham Hills with $1,685 If you’re looking to rent in Las Vegas’s most popular neighborhoods, make sure to also check out Meadows Mobile Home Park, where renters pay $1,263 on average, and Summerlin, where the average monthly rent is $1,621.
Las Vegas | Rent Comparison by Neighborhood
Rent in American West Village is 17% higher than in Artesian Heights
American West Village rent is 1% higher than Las Vegas average
Artesian Heights rent is 13% lower than Las Vegas average
How Las Vegas Compares to Other Cities
State | Average Rent |
---|---|
Las Vegas | $1,457 |
Henderson | $1,676 |
North Las Vegas | $1,507 |
Ridgecrest | $1,035 |
What is the average price for a storage unit in Las Vegas?
The average rent for a non-climate-controlled 10'x10' storage unit in Las Vegas is $139.25. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.