Average Rent in 89123, Paradise, NV

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Current Versus Historical 89123, Paradise, NV Rents

89123 rentals average $1,387 for a 1-bedroom rental to $2,547 for a 4-bedroom rental. The median price of all currently available listings is $1,899, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $900 (-39.13%) year-over-year from $2,300 to $1,400. 1-bedroom rentals prices have increased by $45 (3.38%) year-over-year from $1,342 to $1,387. 2-bedroom rentals prices have decreased by $44 (-2.57%) year-over-year from $1,717 to $1,673. 3-bedroom rentals prices have increased by $152 (7.89%) year-over-year from $1,923 to $2,075. 4-bedroom rentals prices have decreased by $88 (-3.42%) year-over-year from $2,583 to $2,495. 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 1.18% this month. 1-bedroom rents have gone down by 10.70% this month. 2-bedroom rents have gone down by 0.79% this month. 3-bedroom rents have gone up by 3.32% this month. 4-bedroom rents have gone down by 2.67% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.79 $1,387 $1,342 (3.38%) $1,373 (1.00%)
2 BR $1.46 $1,673 $1,717 (-2.57%) $1,574 (6.25%)
3 BR $1.36 $2,075 $1,923 (7.89%) $1,847 (12.36%)
4+ BR $1.10 $2,495 $2,583 (-3.42%) $2,818 (-11.45%)

Historical Rents in 89123, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89123

There are a total of 10 cities nearby 89123. The average rent in 89123 is currently $2,000 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,500, is the most affordable city nearby. In contrast, the most expensive city near 89123, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,750 per month.

Let's compare 89123, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 11.68% more expensive. Two bedrooms in 89123, Paradise, NV are about 1.67% more expensive. Finally, rent for three bedrooms are about 2.50% more expensive. Want more information? Check out the top 10 cities near 89123, Paradise, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $999 $1,150 $1,500
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
Spring Valley, NV N/A $1,250 $1,499 $2,000
Las Vegas, NV $845 $1,200 $1,595 $2,000
Enterprise, NV N/A $1,387 $1,713 $2,195
Henderson, NV $1,550 $1,450 $1,738 $2,250
Winchester, NV N/A $2,300 $1,700 $2,300
Summerlin South, NV N/A N/A $2,500 $2,750

Top Neighborhoods Near 89123

There are a total of 8 neighborhoods in or near 89123. 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 89123, Paradise, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89123, Paradise, 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 89123's average rent, which is only $1,899. Out of all the neighborhoods in or near 89123, 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 89123. 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 89123

There are a total of 8 counties located by 89123, Paradise, 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 89123, Paradise, NV.

Typically, rent for studios in 89123, Paradise, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89123, Paradise, NV is 6.27% more expensive than other counties nearby. Finally, rent for two bedrooms in 89123, Paradise, NV is 4.55% more expensive 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 89123

There are a total of 15 zipcodes in or near 89123, Paradise, NV. The average rent for all of these zipcodes is $1,958. A total of 6 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 $1,295 per month. In comparison, the zipcode with the most expensive average rent of $2,500 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 89123, Paradise, NV is $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89123, 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 $1,750 $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 $1,250 $1,495 $1,650
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 $1,890
89074, Henderson, NV N/A $1,373 $1,669 $2,023
89012, Henderson, NV N/A $1,335 $1,995 $2,500

Frequently Asked Questions - 89123 Average Rents

What is the average rent price in 89123, Paradise, NV?
The average monthly rental price for 89123, Paradise, NV apartments for rent is approximately $1,899. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89123, 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 89123, Paradise, NV.
How much is a studio apartment in 89123, Paradise, 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 89123.
How much is a one bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,387 and an average price per square feet of $1.79. There are a total of 18 one bedroom apartment listings currently available for rent in 89123.
How much is a two bedroom apartment in 89123, Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.46. There are a total of 36 two bedroom apartment listings currently available for rent in 89123.
How have rent prices in 89123, Paradise, NV changed this year?
Rent prices for rentals in 89123, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.39%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 89123, Paradise, NV?
A reasonable rent price in 89123, Paradise, NV is around $1,519/month. You can search for these reasonably priced rental listings on RentHop.
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