Average Rent in Downtown Las Vegas, Las Vegas, NV

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Current Versus Historical Downtown Las Vegas, Las Vegas, NV Rents

Downtown Las Vegas rentals average $895 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,200, or roughly $0 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $51 (-5.36%) year-over-year from $946 to $895. 1-bedroom rentals prices have decreased by $355 (-24.48%) year-over-year from $1,450 to $1,095. 2-bedroom rentals prices have decreased by $163 (-12.26%) year-over-year from $1,325 to $1,163. 3-bedroom rentals prices have increased by $83 (4.78%) year-over-year from $1,742 to $1,825. 4-bedroom rentals prices have decreased by $305 (-10.17%) year-over-year from $3,000 to $2,695. 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 7.01% this month. 1-bedroom rents have gone down by 31.24% this month. 2-bedroom rents have gone down by 5.93% this month. 3-bedroom rents have gone up by 19.80% this month. 4-bedroom rents have gone down by 13.94% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.17	$895	$946 (-5.36%)	$1,569 (-42.96%)
1 BR	$0.57	$1,095	$1,450 (-24.48%)	$1,123 (-2.45%)
2 BR	$0.45	$1,163	$1,325 (-12.26%)	$1,113 (4.49%)
3 BR	$1.38	$1,825	$1,742 (4.78%)	$2,499 (-26.96%)

Historical Rents in Downtown Las Vegas, Las Vegas, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Las Vegas

There are a total of 10 cities nearby Downtown Las Vegas. The average rent in Downtown Las Vegas is currently $2,025 per month. 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 Downtown Las Vegas, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,675 per month.

Let's compare Downtown Las Vegas, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 11.39% more affordable. Two bedrooms in Downtown Las Vegas, Las Vegas, NV are about 32.00% more affordable. Finally, rent for three bedrooms are about 10.27% more affordable. Want more information? Check out the top 10 cities near Downtown Las Vegas, Las Vegas, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$950	$1,150	$1,500
Whitney, NV	N/A	$1,095	$1,495	$1,799
North Las Vegas, NV	$760	$850	$1,525	$1,950
Paradise, NV	$1,450	$1,550	$1,700	$1,965
Spring Valley, NV	N/A	$1,250	$1,425	$1,999
Las Vegas, NV	$895	$1,195	$1,650	$2,050
Enterprise, NV	N/A	$1,400	$1,713	$2,200
Henderson, NV	$1,950	$1,450	$1,650	$2,200
Winchester, NV	N/A	$2,100	$2,850	$2,450
Summerlin South, NV	N/A	N/A	$2,500	$2,675

Top Neighborhoods Near Downtown Las Vegas

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

The average rent for these 8 neighborhoods in or near Downtown Las Vegas, Las Vegas, NV is currently around $2,200 per month. Meaning, only eight neighborhoods have a higher average rent than $2,200. Interestingly, the neighborhoods' average rent is higher than Downtown Las Vegas's average rent, which is only $1,200. Out of all the neighborhoods in or near Downtown Las Vegas, Bella Vita has the most affordable average rent at $1,250 per month. Whereas, at $2,595 average rent per month, Southern Highlands is the most expensive neighborhood in or near Downtown Las Vegas. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bella Vita, Spring Valley, NV	N/A	$1,100	$1,300	$1,250
Silverado Ranch, Paradise, NV	N/A	$1,363	$1,748	$2,000
Green Valley North, Henderson, NV	N/A	N/A	$1,473	$2,095
Rhodes Ranch, Spring Valley, NV	N/A	$1,538	$1,599	$2,200
Mountain Edge, Enterprise, NV	N/A	N/A	$1,698	$2,200
Mira Villas, Las Vegas, NV	N/A	$1,400	$1,900	$2,300
The Strip, Paradise, NV	$2,075	$2,800	$2,295	$2,500
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,595

Top Counties Near Downtown Las Vegas

There are a total of 8 counties located by Downtown Las Vegas, Las Vegas, 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 Downtown Las Vegas, Las Vegas, NV.

Typically, rent for studios in Downtown Las Vegas, Las Vegas, NV is on par with the other counties nearby. In comparison, rent for one bedroom listings in Downtown Las Vegas, Las Vegas, NV is 18.22% more affordable than other counties nearby. Finally, rent for two bedrooms in Downtown Las Vegas, Las Vegas, NV is 27.60% 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	$1,298	$1,595	$2,095

Top Zipcodes Near Downtown Las Vegas

There are a total of 17 zipcodes in or near Downtown Las Vegas, Las Vegas, NV. The average rent for all of these zipcodes is $2,000.

The following chart includes the top 10 zipcodes in Downtown Las Vegas, Las Vegas, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89032, North Las Vegas, NV	N/A	N/A	$1,695	$2,000
89121, Paradise, NV	$1,200	N/A	$1,200	$1,650
89119, Paradise, NV	N/A	$1,000	$1,300	$1,295
89108, Las Vegas, NV	N/A	$973	$1,295	$1,700
89103, Paradise, NV	N/A	$1,195	$1,450	$1,595
89117, Las Vegas, NV	N/A	$1,275	$1,525	$2,100
89128, Las Vegas, NV	N/A	$1,248	$1,599	$1,850
89014, Henderson, NV	N/A	N/A	$1,450	$1,899
89123, Paradise, NV	N/A	$1,400	$1,700	$1,950
89074, Henderson, NV	N/A	$1,450	$1,560	$2,100

Frequently Asked Questions - Downtown Las Vegas Average Rents

What is the average rent price in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for Downtown Las Vegas, Las Vegas, NV apartments for rent is approximately $1,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Las Vegas, 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 Downtown Las Vegas, Las Vegas, NV.

How much is a studio apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for studio apartments is $895 and an average price per square feet of $0.17. There are a total of 13 studio apartment listings currently available for rent in Downtown Las Vegas.

How much is a one bedroom apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for one bedroom apartments is $1,098 and an average price per square feet of $0.57. There are a total of 32 one bedroom apartment listings currently available for rent in Downtown Las Vegas.

How much is a two bedroom apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for two bedroom apartments is $1,250 and an average price per square feet of $0.45. There are a total of 17 two bedroom apartment listings currently available for rent in Downtown Las Vegas.

How have rent prices in Downtown Las Vegas, Las Vegas, NV changed this year?

Rent prices for rentals in Downtown Las Vegas, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by -0.24%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Downtown Las Vegas, Las Vegas, NV?

A reasonable rent price in Downtown Las Vegas, Las Vegas, NV is around $960/month. You can search for these reasonably priced rental listings on RentHop.