Average Rent in 89121, Paradise, NV

Home  »  NV  »  Paradise  »  89121

Current Versus Historical 89121, Paradise, NV Rents

89121 rentals average $1,200 for a studio rental to $2,975 for a 4-bedroom rental. The median price of all currently available listings is $1,750, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $246 (25.76%) year-over-year from $954 to $1,200. 1-bedroom rentals prices have increased by $947 (105.38%) year-over-year from $898 to $1,845. 2-bedroom rentals prices have increased by $25 (1.96%) year-over-year from $1,275 to $1,300. 3-bedroom rentals prices have decreased by $8 (-0.45%) year-over-year from $1,833 to $1,825. 4-bedroom rentals prices have increased by $800 (37.21%) year-over-year from $2,150 to $2,950. 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 14.29% this month. 1-bedroom rents have gone up by 14.95% this month. 2-bedroom rents have gone up by 10.80% this month. 3-bedroom rents have gone down by 1.75% this month. 4-bedroom rents have gone up by 2.31% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.57 $1,200 $954 (25.76%) $1,635 (-26.61%)
2 BR $1.18 $1,300 $1,275 (1.96%) $1,165 (11.59%)
3 BR $1.16 $1,825 $1,833 (-0.45%) $1,798 (1.53%)
4+ BR $1.21 $2,950 $2,150 (37.21%) $2,190 (34.71%)

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 $2,034 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 $1,593, 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 $2,795 per month.

Let's compare 89121, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 89121, Paradise, NV are about 26.92% more affordable. Finally, rent for three bedrooms are about 5.26% 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 $950 $1,150 $1,593
Whitney, NV N/A $1,090 $1,485 $1,800
Paradise, NV $1,513 $1,500 $1,700 $1,900
North Las Vegas, NV $760 $900 $1,575 $1,950
Las Vegas, NV $895 $1,170 $1,600 $2,023
Spring Valley, NV N/A $1,250 $1,450 $2,045
Henderson, NV $1,550 $1,450 $1,725 $2,200
Enterprise, NV N/A $1,398 $1,738 $2,250
Winchester, NV N/A $2,200 $2,425 $2,463
Summerlin South, NV N/A $1,850 $2,548 $2,795

Top Neighborhoods Near 89121

There are a total of 8 neighborhoods in or near 89121. Some of these neighborhoods include Downtown Las Vegas, Green Valley North, and Silverado Ranch. We've included all of these top 8 neighborhoods in or near 89121, Paradise, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89121, Paradise, NV is currently around $2,163 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,163. Interestingly, the neighborhoods' average rent is higher than 89121's average rent, which is only $1,750. Out of all the neighborhoods in or near 89121, Downtown Las Vegas has the most affordable average rent at $1,138 per month. Whereas, at $2,595 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 $895 $1,098 $1,275 $1,138
Green Valley North, Henderson, NV N/A N/A $1,495 $1,998
Silverado Ranch, Paradise, NV N/A $1,363 $1,825 $2,000
Mountain Edge, Enterprise, NV N/A N/A $1,695 $2,125
Rhodes Ranch, Spring Valley, NV N/A $1,538 $1,600 $2,200
The Strip, Paradise, NV $1,900 $2,700 $2,250 $2,250
Mira Villas, Las Vegas, NV N/A $1,400 $1,898 $2,300
Southern Highlands, Enterprise, NV N/A N/A N/A $2,595

Top Counties Near 89121

There are a total of 8 counties located by 89121, Paradise, NV. The average rent for rentals in these counties is $2,085. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,085. Vice versa, with an average rent of $2,085, Clark, NV is the most expensive county by 89121, Paradise, NV.

Typically, rent for studios in 89121, Paradise, NV is 25.42% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 89121, Paradise, NV is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 89121, Paradise, NV is 23.00% 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 $895 $1,275 $1,599 $2,085

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 $1,985. 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 $1,300 per month. In comparison, the zipcode with the most expensive average rent of $2,629 per month is 89012, 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 $1,185 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,590 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 $1,700 $2,200
89117, Las Vegas, NV N/A $1,275 $1,550 $2,200
89052, Henderson, NV N/A $1,698 $1,800 $2,500
89103, Paradise, NV N/A $1,173 $1,488 $1,598
89123, Paradise, NV N/A $1,398 $1,750 $1,950
89147, Spring Valley, NV N/A $1,338 $1,495 $2,190
89129, Clark County, NV N/A N/A $1,650 $2,020
89183, Paradise, NV N/A $1,325 $1,800 $1,950
89074, Henderson, NV N/A $1,345 $1,625 $2,100
89128, Las Vegas, NV N/A $1,198 $1,555 $1,800

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 $1,750. 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 $1,200 and an average price per square feet of $1.57. There are a total of 5 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $1,300 and an average price per square feet of $1.18. There are a total of 24 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 1.05%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 89121, Paradise, NV?
A reasonable rent price in 89121, Paradise, NV is around $1,400/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast