Spring Valley, NV Rental Market Trends
Last updated: April 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Spring Valley is $1,645, a 0.7% decrease compared to the previous year, when the average rent was $1,657.
Studio Apartments at $1,385 offer the most budget-friendly option with 572 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 783 square feet for $1,489, balancing privacy and affordability.
Two-beedroom units at $1,711 offer 1,100 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,299 sq ft) for $2,000, suitable for larger households.
Average rent in Spring Valley, NV
Last updated: April 04, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,645 | 990 sq. ft. |
| Studio | $1,385 | 572 sq. ft. |
| 1 Bed | $1,489 | 783 sq. ft. |
| 2 Beds | $1,711 | 1,100 sq. ft. |
| 3 Beds | $2,000 | 1,299 sq. ft. |
Spring Valley, NV rent trends
Rental prices in Spring Valley, NV have decreased by 0.7% over the past year. The average rent moved from $1,657 to $1,645.
What's the typical rent budget in Spring Valley, NV?
The largest share of rentals in Spring Valley, NV (54%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Spring Valley, NV?
43,127 or 49% of the households in Spring Valley, NV are renter-occupied while 44,029 or 51% are owner-occupied.
Most affordable neighborhoods in Spring Valley?
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 $1,645/month.Most expensive neighborhoods in Spring Valley?
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 Spring Valley, 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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Spring Valley | Rent Comparison by Neighborhood
Rent in Amber Hills is 56% higher than in Artesian Heights
$2,025
Amber Hills rent is 23% higher than Spring Valley average
Average Rent
$2,025
$1,294
Artesian Heights rent is 21% lower than Spring Valley average
Average Rent
$1,294
How Spring Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Spring Valley | $1,645 |
| 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 |
| Paradise | $1,334 |
| Enterprise | $1,827 |
| Sunrise Manor | $1,244 |
| Whitney | $1,311 |
| Winchester | $1,203 |
| Summerlin South | $2,388 |
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 Spring Valley 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.