Average Rent in 89108, Las Vegas, NV

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Current Versus Historical 89108, Las Vegas, NV Rents

89108 rentals average $1,025 for a 1-bedroom rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $950 (633.33%) year-over-year from $150 to $1,100. 1-bedroom rentals prices have decreased by $353 (-28.81%) year-over-year from $1,226 to $873. 2-bedroom rentals prices have decreased by $61 (-4.51%) year-over-year from $1,348 to $1,288. 3-bedroom rentals prices have increased by $5 (0.28%) year-over-year from $1,795 to $1,800. 4-bedroom rentals prices have increased by $69 (3.14%) year-over-year from $2,206 to $2,275. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 6.18% this month. 2-bedroom rents have gone down by 1.90% this month. 3-bedroom rents have gone up by 1.94% this month. 4-bedroom rents have gone up by 3.80% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.58 $873 $1,226 (-28.81%) $1,125 (-22.44%)
2 BR $1.36 $1,288 $1,348 (-4.51%) $1,427 (-9.75%)
3 BR $1.30 $1,800 $1,795 (0.28%) $1,920 (-6.25%)
4+ BR $1.15 $2,275 $2,206 (3.14%) $1,882 (20.90%)

Historical Rents in 89108, Las Vegas, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89108

There are a total of 10 cities nearby 89108. The average rent in 89108 is currently $2,000 per month. Only one city nearby has an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,498, is the most affordable city nearby. In contrast, the most expensive city near 89108, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,750 per month.

Let's compare 89108, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 19.51% more affordable. Two bedrooms in 89108, Las Vegas, NV are about 20.19% more affordable. Finally, rent for three bedrooms are about 12.19% more affordable. Want more information? Check out the top 10 cities near 89108, Las Vegas, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $999 $1,150 $1,498
Whitney, NV N/A N/A $1,300 $1,800
Paradise, NV $1,513 $1,595 $1,650 $1,895
North Las Vegas, NV $798 $925 $1,500 $1,950
Las Vegas, NV $845 $1,200 $1,595 $2,000
Spring Valley, NV N/A $1,250 $1,499 $2,000
Enterprise, NV N/A $1,399 $1,713 $2,195
Henderson, NV $1,550 $1,450 $1,738 $2,250
Winchester, NV N/A $2,300 $1,750 $2,300
Summerlin South, NV N/A N/A $2,500 $2,750

Top Neighborhoods Near 89108

There are a total of 8 neighborhoods in or near 89108. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Green Valley North. We've included all of these top 8 neighborhoods in or near 89108, Las Vegas, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89108, Las Vegas, NV is currently around $2,116 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,116. Interestingly, the neighborhoods' average rent is higher than 89108's average rent, which is only $1,600. Out of all the neighborhoods in or near 89108, Downtown Las Vegas has the most affordable average rent at $1,138 per month. Whereas, at $2,500 average rent per month, Southern Highlands is the most expensive neighborhood in or near 89108. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $845 $1,398 $1,250 $1,138
Silverado Ranch, Paradise, NV N/A $1,325 $1,750 $1,950
Green Valley North, Henderson, NV N/A N/A $1,600 $1,950
The Strip, Paradise, NV $2,025 $1,800 $2,095 $2,050
Mountain Edge, Enterprise, NV N/A N/A $1,750 $2,183
Rhodes Ranch, Spring Valley, NV N/A $1,575 $1,600 $2,197
Mira Villas, Las Vegas, NV N/A $1,375 $1,895 $2,350
Southern Highlands, Enterprise, NV N/A N/A N/A $2,500

Top Counties Near 89108

There are a total of 8 counties located by 89108, Las Vegas, NV. The average rent for rentals in these counties is $2,050. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,050. Vice versa, with an average rent of $2,050, Clark, NV is the most expensive county by 89108, Las Vegas, NV.

Typically, rent for studios in 89108, Las Vegas, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89108, Las Vegas, NV is 26.83% more affordable than other counties nearby. Finally, rent for two bedrooms in 89108, Las Vegas, NV is 16.67% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Clark, NV $923 $1,300 $1,575 $2,050

Top Zipcodes Near 89108

There are a total of 16 zipcodes in or near 89108, Las Vegas, NV. The average rent for all of these zipcodes is $1,979.

The following chart includes the top 10 zipcodes in 89108, Las Vegas, NV. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
89148, Clark County, NV N/A N/A $1,750 $2,200
89117, Las Vegas, NV N/A $1,250 $1,590 $2,100
89052, Henderson, NV N/A $1,900 $1,800 $2,500
89103, Paradise, NV N/A $1,225 $1,495 $1,650
89123, Paradise, NV N/A $1,399 $1,650 $1,900
89147, Spring Valley, NV N/A $1,325 $1,650 $2,150
89129, Clark County, NV N/A N/A $1,650 $1,958
89183, Paradise, NV N/A $1,250 $1,750 $1,900
89128, Las Vegas, NV N/A $1,200 $1,500 $1,893
89074, Henderson, NV N/A $1,373 $1,669 $2,000

Frequently Asked Questions - 89108 Average Rents

What is the average rent price in 89108, Las Vegas, NV?
The average monthly rental price for 89108, Las Vegas, NV apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89108, Las Vegas, NV rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 89108, Las Vegas, NV.
How much is a studio apartment in 89108, Las Vegas, NV?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 89108.
How much is a one bedroom apartment in 89108, Las Vegas, NV?
The average monthly rental price for one bedroom apartments is $1,025 and an average price per square feet of $1.58. There are a total of 3 one bedroom apartment listings currently available for rent in 89108.
How much is a two bedroom apartment in 89108, Las Vegas, NV?
The average monthly rental price for two bedroom apartments is $1,350 and an average price per square feet of $1.36. There are a total of 27 two bedroom apartment listings currently available for rent in 89108.
How have rent prices in 89108, Las Vegas, NV changed this year?
Rent prices for rentals in 89108, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by 6.33%, one bedroom rental prices have changed by -0.29%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 89108, Las Vegas, NV?
A reasonable rent price in 89108, Las Vegas, NV is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.
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