Las Vegas, NV Rental Market Trends
Last updated: April 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Las Vegas is $1,452, a 0.89% decrease compared to the previous year, when the average rent was $1,465.
Studio Apartments at $957 offer the most budget-friendly option with 398 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 713 square feet for $1,284, balancing privacy and affordability.
Two-beedroom units at $1,560 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,247 sq ft) for $1,887, suitable for larger households.
Average rent in Las Vegas, NV
Last updated: April 05, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,452 | 895 sq. ft. |
| Studio | $957 | 398 sq. ft. |
| 1 Bed | $1,284 | 713 sq. ft. |
| 2 Beds | $1,560 | 1,028 sq. ft. |
| 3 Beds | $1,887 | 1,247 sq. ft. |
Las Vegas, NV rent trends
Rental prices in Las Vegas, NV have decreased by 0.89% over the past year. The average rent moved from $1,465 to $1,452.
What's the typical rent budget in Las Vegas, NV?
The largest share of rentals in Las Vegas, NV (49%) 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.
Most affordable neighborhoods in Las Vegas?
Arts District $978/month
The Strip $1,057/month
Gateway District $1,057/month
All of these neighborhoods fall below the city wide average of $1,452/month.Most expensive neighborhoods in Las Vegas?
Centennial Point $2,004/month
Amber Hills $2,025/month
The Crossing $2,057/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Las Vegas, NV By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| The Crossing | $2,057 |
| Amber Hills | $2,025 |
| Centennial Point | $2,004 |
| Spinnaker Homes at Centennial Hill | $1,933 |
| Chatham Hills | $1,834 |
| Lone Mountain | $1,827 |
| Centennial | $1,762 |
| Providence | $1,753 |
| Mountain Edge | $1,707 |
| Smoke Ranch Villas | $1,631 |
| Peccole Ranch | $1,573 |
| Summerlin | $1,557 |
| The Lakes | $1,480 |
| Majestic Park | $1,470 |
| Coleman Park | $1,456 |
| Charleston Heights Park | $1,453 |
| West Sahara | $1,451 |
| Northbrooke | $1,440 |
| Canyon Gate | $1,440 |
| Rancho Manor | $1,422 |
| Smoke Ranch | $1,409 |
| Kensington | $1,394 |
| Upland Alta | $1,369 |
| Hillcrest at Summit Hills | $1,365 |
| Showboat | $1,352 |
| Rancho Sereno | $1,345 |
| Woodcrest | $1,300 |
| Artesian Heights | $1,294 |
| Beverly Green | $1,268 |
| Avila Park | $1,226 |
| Rock Creek Manor | $1,225 |
| Downtown Las Vegas | $1,219 |
| Quail Estates West | $1,158 |
| Westchester Manor | $1,158 |
| Meadows Mobile Home Park | $1,101 |
| Stewart Place | $1,092 |
| Gateway District | $1,057 |
| The Strip | $1,057 |
| Arts District | $978 |
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Las Vegas | Rent Comparison by Neighborhood
Rent in Amber Hills is 56% higher than in Artesian Heights
$2,025
Amber Hills rent is 40% higher than Las Vegas average
Average Rent
$2,025
$1,294
Artesian Heights rent is 11% lower than Las Vegas average
Average Rent
$1,294
How Las Vegas Compares to Other Cities
| City | Average Rent |
|---|---|
| Las Vegas | $1,452 |
| Henderson | $1,653 |
| North Las Vegas | $1,604 |
| Reno | $1,763 |
| Sparks | $1,807 |
| Carson City | $1,544 |
| Mesquite | $1,198 |
| Boulder City | $1,306 |
| Ridgecrest, CA | $1,056 |
| Barstow, CA | $1,289 |
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.