Average Rent in 89121, Paradise, NV

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Current Versus Historical 89121, Paradise, NV Rents

89121 rentals average $1,175 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $1,799, or roughly $1 per square feet.
For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $241 (25.84%) year-over-year from $934 to $1,175. 1-bedroom rentals prices have increased by $458 (45.08%) year-over-year from $1,017 to $1,475. 2-bedroom rentals prices have decreased by $17 (-1.32%) year-over-year from $1,267 to $1,250. 3-bedroom rentals prices have decreased by $83 (-4.31%) year-over-year from $1,933 to $1,850. 4-bedroom rentals prices have increased by $467 (20.90%) year-over-year from $2,233 to $2,700. 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 up by 5.22% this month. 1-bedroom rents have gone down by 7.72% this month. 2-bedroom rents have gone up by 2.88% this month. 3-bedroom rents have gone up by 4.82% this month. 4-bedroom rents have gone down by 9.34% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.57 $1,175 $934 (25.84%) $1,675 (-29.85%)
1 BR $1.75 $1,475 $1,017 (45.08%) $1,096 (34.54%)
2 BR $1.22 $1,250 $1,267 (-1.32%) $1,177 (6.25%)
3 BR $1.15 $1,850 $1,933 (-4.31%) $1,849 (0.05%)
4+ BR $1.11 $2,700 $2,233 (20.90%) $2,088 (29.30%)

Historical Rents in 89121, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89121

There are a total of 10 cities nearby 89121. The average rent in 89121 is currently $2,025 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near 89121, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,800 per month.

Let's compare 89121, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 15.44% more expensive. Two bedrooms in 89121, Paradise, NV are about 25.69% more affordable. Finally, rent for three bedrooms are about 7.42% more affordable. Want more information? Check out the top 10 cities near 89121, Paradise, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,037 $1,150 $1,550
Whitney, NV N/A N/A $1,298 $1,799
Paradise, NV $1,575 $1,570 $1,595 $1,895
North Las Vegas, NV $798 $999 $1,460 $1,995
Spring Valley, NV N/A $1,300 $1,495 $2,000
Las Vegas, NV $845 $1,195 $1,585 $2,050
Enterprise, NV N/A $1,400 $1,700 $2,200
Henderson, NV N/A $1,435 $1,750 $2,285
Winchester, NV N/A $2,200 $2,510 $2,300
Summerlin South, NV N/A N/A $2,720 $2,800

Top Neighborhoods Near 89121

There are a total of 10 neighborhoods in or near 89121. Some of these neighborhoods include Downtown Las Vegas, Bella Vita, and Silverado Ranch. We've included all of these top 10 neighborhoods in or near 89121, Paradise, NV in the following chart.

The average rent for these 10 neighborhoods in or near 89121, Paradise, NV is currently around $2,086 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,086. Interestingly, the neighborhoods' average rent is higher than 89121's average rent, which is only $1,799. Out of all the neighborhoods in or near 89121, Downtown Las Vegas has the most affordable average rent at $1,150 per month. Whereas, at $2,568 average rent per month, Southern Highlands is the most expensive neighborhood in or near 89121. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $820 $1,100 $1,250 $1,150
Bella Vita, Spring Valley, NV N/A $1,175 $1,300 $1,268
Silverado Ranch, Paradise, NV N/A $1,350 $1,700 $1,950
Green Valley North, Henderson, NV N/A N/A $1,690 $2,000
The Strip, Paradise, NV $2,075 $1,773 $2,150 $2,073
Green Valley South, Henderson, NV N/A N/A $1,600 $2,100
Mountain Edge, Enterprise, NV N/A N/A $1,823 $2,148
Rhodes Ranch, Spring Valley, NV N/A $1,588 $1,500 $2,199
Mira Villas, Las Vegas, NV N/A N/A $1,795 $2,395
Southern Highlands, Enterprise, NV N/A N/A N/A $2,568

Top Counties Near 89121

There are a total of 10 counties located by 89121, Paradise, NV. The average rent for rentals in these counties is $2,095. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,095. Vice versa, with an average rent of $2,095, Clark, NV is the most expensive county by 89121, Paradise, NV.

Typically, rent for studios in 89121, Paradise, NV is 2.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 89121, Paradise, NV is 11.86% more expensive than other counties nearby. Finally, rent for two bedrooms in 89121, Paradise, NV is 24.51% 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 $1,150 $1,300 $1,575 $2,095

Top Zipcodes Near 89121

There are a total of 14 zipcodes in or near 89121, Paradise, NV. The average rent for all of these zipcodes is $1,988. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $2,500 per month is 89052, Henderson, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89121, Paradise, NV is $1,263 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,595 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89121, Paradise, 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 $1,595 $2,200
89117, Las Vegas, NV N/A $1,300 $1,595 $2,150
89052, Henderson, NV N/A $1,748 $1,800 $2,500
89103, Paradise, NV N/A $1,250 $1,475 $1,600
89123, Paradise, NV N/A $1,448 $1,695 $1,900
89147, Spring Valley, NV N/A $1,338 $1,550 $2,100
89129, Clark County, NV N/A N/A $1,650 $1,945
89183, Paradise, NV N/A $1,300 $1,595 $1,950
89074, Henderson, NV N/A $1,245 $1,650 $2,025
89128, Las Vegas, NV N/A $1,275 $1,500 $1,900

Frequently Asked Questions - 89121 Average Rents

What is the average rent price in 89121, Paradise, NV?
The average monthly rental price for 89121, Paradise, NV apartments for rent is approximately $1,799. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89121, Paradise, 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 89121, Paradise, NV.
How much is a studio apartment in 89121, Paradise, NV?
The average monthly rental price for studio apartments is $1,175 and an average price per square feet of $1.57. There are a total of 3 studio apartment listings currently available for rent in 89121.
How much is a one bedroom apartment in 89121, Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,475 and an average price per square feet of $1.75. There are a total of 4 one bedroom apartment listings currently available for rent in 89121.
How much is a two bedroom apartment in 89121, Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,265 and an average price per square feet of $1.22. There are a total of 18 two bedroom apartment listings currently available for rent in 89121.
How have rent prices in 89121, Paradise, NV changed this year?
Rent prices for rentals in 89121, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.26%, one bedroom rental prices have changed by 0.45%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 89121, Paradise, NV?
A reasonable rent price in 89121, Paradise, NV is around $1,439/month. You can search for these reasonably priced rental listings on RentHop.
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