Las Vegas, NV Rental Market Trends
Last updated: October 22, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Las Vegas is $1,469, a 0.56% decrease compared to the previous year, when the average rent was $1,478.
Studio Apartments at $969 offer the most budget-friendly option with 398 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 712 square feet for $1,307, balancing privacy and affordability.
Two-beedroom units at $1,573 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,242 sq ft) for $1,913, suitable for larger households.
Average rent in Las Vegas, NV
Last updated: October 22, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,469 | 893 sq. ft. |
| Studio | $969 | 398 sq. ft. |
| 1 Bed | $1,307 | 712 sq. ft. |
| 2 Beds | $1,573 | 1,028 sq. ft. |
| 3 Beds | $1,913 | 1,242 sq. ft. |
Las Vegas, NV rent trends
Rental prices in Las Vegas, NV have decreased by 0.56% over the past year. The average rent moved from $1,478 to $1,469.
What's the typical rent budget in Las Vegas, NV?
The largest share of rentals in Las Vegas, NV (50%) 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 Las Vegas, NV?
108,244 or 44% of the households in Las Vegas, NV are renter-occupied while 136,185 or 56% are owner-occupied.
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 Las Vegas 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.