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 $1,050 for a studio rental to $1,800 for a 3-bedroom rental. The median price of all currently available listings is $1,500, or roughly $1 per square feet.

For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $254 (23.75%) year-over-year from $1,071 to $1,325. 1-bedroom rentals prices have increased by $553 (41.79%) year-over-year from $1,322 to $1,875. 2-bedroom rentals prices have decreased by $156 (-10.61%) year-over-year from $1,468 to $1,313. 3-bedroom rentals prices have increased by $97 (5.53%) year-over-year from $1,748 to $1,845. 4-bedroom rentals prices have decreased by $400 (-13.79%) year-over-year from $2,900 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 up by 36.13% this month. 1-bedroom rents have gone up by 28.64% this month. 2-bedroom rents have gone down by 17.67% this month. 3-bedroom rents have gone up by 7.06% this month. 4-bedroom rents have gone down by 2.53% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.81	$1,325	$1,071 (23.75%)	$1,214 (9.11%)
1 BR	$1.93	$1,875	$1,322 (41.79%)	$1,779 (5.39%)
2 BR	$0.72	$1,313	$1,468 (-10.61%)	$1,097 (19.68%)
3 BR	$1.33	$1,845	$1,748 (5.53%)	$1,982 (-6.90%)

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 $2,073 per month. Our records show that Sunrise Manor, NV, with an average rent of $1,525, 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 $2,750 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 33.22% more expensive. Two bedrooms in Downtown Las Vegas, Las Vegas, NV are about 21.90% more affordable. Finally, rent for three bedrooms are about 15.14% 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	$1,000	$1,195	$1,525
Whitney, NV	N/A	N/A	$1,350	$1,800
Paradise, NV	$1,823	$1,200	$1,600	$1,900
Spring Valley, NV	N/A	$1,300	$1,495	$1,995
North Las Vegas, NV	$770	$900	$1,500	$1,995
Las Vegas, NV	$1,050	$1,198	$1,600	$2,150
Enterprise, NV	N/A	$1,400	$1,750	$2,200
Henderson, NV	N/A	$1,460	$1,725	$2,250
Winchester, NV	N/A	$2,400	$3,000	$2,560
Summerlin South, NV	N/A	N/A	$2,548	$2,750

Top Neighborhoods Near Downtown Las Vegas

There are a total of 6 neighborhoods in or near Downtown Las Vegas. Some of these neighborhoods include Bella Vita, Silverado Ranch, and Rhodes Ranch. We've included all of these top 6 neighborhoods in or near Downtown Las Vegas, Las Vegas, NV in the following chart.

The average rent for these 6 neighborhoods in or near Downtown Las Vegas, Las Vegas, NV is currently around $2,223 per month. A total of one neighborhood has a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,223. Interestingly, the neighborhoods' average rent is higher than Downtown Las Vegas's average rent, which is only $1,500. 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 $2,350 average rent per month, Mira Villas 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	$1,150	$1,280	$1,250
Silverado Ranch, Paradise, NV	N/A	$1,275	$1,800	$1,997
Rhodes Ranch, Spring Valley, NV	N/A	$1,600	$1,538	$2,200
Mountain Edge, Enterprise, NV	N/A	N/A	N/A	$2,245
The Strip, Paradise, NV	$2,050	$2,700	$2,100	$2,298
Mira Villas, Las Vegas, NV	N/A	N/A	$1,895	$2,350

Top Counties Near Downtown Las Vegas

There are a total of 6 counties located by Downtown Las Vegas, Las Vegas, NV. The average rent for rentals in these counties is $2,100. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,100. Vice versa, with an average rent of $2,100, 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 30.48% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown Las Vegas, Las Vegas, NV is 27.86% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Las Vegas, Las Vegas, NV is 21.52% 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	$1,370	$1,295	$1,595	$2,100

Top Zipcodes Near Downtown Las Vegas

There are a total of 15 zipcodes in or near Downtown Las Vegas, Las Vegas, NV. The average rent for all of these zipcodes is $2,000. A total of 2 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 $1,325 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 Downtown Las Vegas, Las Vegas, NV is $1,275 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,512 per month. Which comes out to $1 per sqft. 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
89121, Paradise, NV	N/A	$1,100	$1,350	$1,750
89119, Paradise, NV	$1,060	$980	$1,395	$1,325
89108, Las Vegas, NV	N/A	$850	$1,350	$1,513
89103, Paradise, NV	N/A	$1,200	$1,495	$1,500
89117, Las Vegas, NV	N/A	$1,573	$1,600	$2,200
89128, Las Vegas, NV	N/A	$1,345	$1,500	$1,850
89123, Paradise, NV	N/A	$1,438	$1,675	$1,995
89074, Henderson, NV	N/A	$1,250	$1,600	$2,150
89129, Clark County, NV	N/A	N/A	$1,723	$2,000
89147, Spring Valley, NV	N/A	$1,300	$1,498	$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 $1,500. 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 $1,050 and an average price per square feet of $1.81. There are a total of 5 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 $1,795 and an average price per square feet of $1.93. There are a total of 35 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 $1,313 and an average price per square feet of $0.72. There are a total of 24 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 0.24%, one bedroom rental prices have changed by 0.42%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by 0.06% 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 $1,200/month. You can search for these reasonably priced rental listings on RentHop.