Average Rent in 89147, Spring Valley, NV

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Current Versus Historical 89147, Spring Valley, NV Rents

89147 rentals average $1,400 for a 1-bedroom rental to $2,550 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.

For the apartment units and housing in January 2025, median rents have risen over the last year. Studio rentals prices have decreased by $78 (-3.27%) year-over-year from $2,378 to $2,300. 1-bedroom rentals prices have increased by $73 (5.58%) year-over-year from $1,300 to $1,373. 2-bedroom rentals prices have decreased by $75 (-4.40%) year-over-year from $1,700 to $1,625. 3-bedroom rentals prices have increased by $98 (5.01%) year-over-year from $1,952 to $2,050. 4-bedroom rentals prices have increased by $8 (0.33%) year-over-year from $2,492 to $2,500. 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 up by 2.36% this month. 2-bedroom rents have gone down by 4.35% this month. 3-bedroom rents have gone up by 2.16% this month. 4-bedroom rents have gone down by 0.27% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.81	$1,373	$1,300 (5.58%)	$1,133 (21.10%)
2 BR	$1.50	$1,625	$1,700 (-4.40%)	$1,802 (-9.81%)
3 BR	$1.37	$2,050	$1,952 (5.01%)	$1,948 (5.26%)
4+ BR	$1.13	$2,500	$2,492 (0.33%)	$2,246 (11.32%)

Historical Rents in 89147, Spring Valley, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 89147

There are a total of 6 cities nearby 89147. The average rent in 89147 is currently $2,125 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Paradise, NV, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 89147, Spring Valley, NV is Summerlin South, NV. Monthly rents here are on average $2,850 per month.

Let's compare 89147, Spring Valley, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 1.82% more expensive. Two bedrooms in 89147, Spring Valley, NV are about 13.62% more affordable. Finally, rent for three bedrooms are about 5.00% more affordable. Want more information? Check out the top 6 cities near 89147, Spring Valley, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Paradise, NV	$1,575	$1,600	$1,595	$1,900
Spring Valley, NV	N/A	$1,350	$1,495	$2,000
Las Vegas, NV	$845	$1,250	$1,565	$2,051
Enterprise, NV	N/A	$1,399	$1,700	$2,200
Winchester, NV	N/A	$2,195	$2,410	$2,250
Summerlin South, NV	N/A	N/A	$2,650	$2,850

Top Neighborhoods Near 89147

There are a total of 7 neighborhoods in or near 89147. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 7 neighborhoods in or near 89147, Spring Valley, NV in the following chart.

The average rent for these 7 neighborhoods in or near 89147, Spring Valley, NV is currently around $2,098 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,098. Out of all the neighborhoods in or near 89147, Downtown Las Vegas has the most affordable average rent at $1,425 per month. Whereas, at $2,568 average rent per month, Southern Highlands is the most expensive neighborhood in or near 89147. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$820	$1,598	$1,400	$1,425
Silverado Ranch, Paradise, NV	N/A	$1,400	$1,700	$1,975
Mountain Edge, Enterprise, NV	N/A	N/A	N/A	$2,090
The Strip, Paradise, NV	$2,075	$1,850	$2,100	$2,098
Rhodes Ranch, Spring Valley, NV	N/A	$1,575	$1,524	$2,200
Mira Villas, Las Vegas, NV	N/A	N/A	$1,823	$2,400
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,568

Top Counties Near 89147

There are a total of 7 counties located by 89147, Spring Valley, NV.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 89147

There are a total of 9 zipcodes in or near 89147, Spring Valley, NV. The average rent for all of these zipcodes is $1,965. A total of 7 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 $2,200 per month is 89148, Clark County, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89147, Spring Valley, NV is $1,250 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 9 zipcodes in 89147, Spring Valley, 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	$1,350	$1,595	$2,150
89103, Paradise, NV	N/A	$1,250	$1,500	$1,595
89123, Paradise, NV	N/A	$1,400	$1,685	$1,900
89129, Clark County, NV	N/A	N/A	$1,725	$2,000
89183, Paradise, NV	N/A	$1,350	$1,600	$1,995
89128, Las Vegas, NV	N/A	$1,385	$1,500	$1,965
89119, Paradise, NV	$1,060	$1,013	$1,375	$1,350
89108, Las Vegas, NV	N/A	$1,000	$1,400	$1,650

Frequently Asked Questions - 89147 Average Rents

What is the average rent price in 89147, Spring Valley, NV?

The average monthly rental price for 89147, Spring Valley, NV apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 89147, Spring Valley, 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 89147, Spring Valley, NV.

How much is a studio apartment in 89147, Spring Valley, 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 89147.

How much is a one bedroom apartment in 89147, Spring Valley, NV?

The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $1.81. There are a total of 9 one bedroom apartment listings currently available for rent in 89147.

How much is a two bedroom apartment in 89147, Spring Valley, NV?

The average monthly rental price for two bedroom apartments is $1,450 and an average price per square feet of $1.50. There are a total of 19 two bedroom apartment listings currently available for rent in 89147.

How have rent prices in 89147, Spring Valley, NV changed this year?

Rent prices for rentals in 89147, Spring Valley, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in 89147, Spring Valley, NV?

A reasonable rent price in 89147, Spring Valley, NV is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.