Average Rent in Nevada

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Current Versus Historical Nevada Rents

Nevada rentals average $1,163 for a studio rental to $2,650 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 fallenover the last year. Studio rentals prices have increased by $123 (11.16%) year-over-year from $1,098 to $1,220. 1-bedroom rentals prices have decreased by $119 (-8.10%) year-over-year from $1,469 to $1,350. 2-bedroom rentals prices have decreased by $20 (-1.24%) year-over-year from $1,615 to $1,595. 3-bedroom rentals prices have increased by $60 (3.03%) year-over-year from $1,990 to $2,050. 4-bedroom rentals prices have increased by $63 (2.52%) year-over-year from $2,517 to $2,580. 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 5.63% this month. 1-bedroom rents have gone down by 9.03% this month. 2-bedroom rents have gone down by 3.24% this month. 3-bedroom rents have gone up by 2.50% this month. 4-bedroom rents have gone up by 2.79% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.25 $1,220 $1,098 (11.16%) $1,318 (-7.40%)
1 BR $1.84 $1,350 $1,469 (-8.10%) $1,707 (-20.91%)
2 BR $1.42 $1,595 $1,615 (-1.24%) $1,832 (-12.92%)
3 BR $1.30 $2,050 $1,990 (3.03%) $2,050 (0.00%)
4+ BR $1.14 $2,580 $2,517 (2.52%) $2,330 (10.73%)

Historical Rents in Nevada

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Nevada

There are a total of 47 cities nearby Nevada. The average rent in Nevada is currently $4,023 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Nevada is Malibu, CA. Monthly rents here are on average $33,750 per month.

Let's compare Nevada's rent against other top cities nearby by bedroom size. One bedrooms are about 81.82% more affordable. Two bedrooms in Nevada are about 129.25% more affordable. Finally, rent for three bedrooms are about 138.78% more affordable. Want more information? Check out the top 10 cities out of 47 total cities near Nevada in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,075 $1,185 $1,550
Paradise, NV $1,575 $1,600 $1,595 $1,900
North Las Vegas, NV N/A $950 $1,500 $1,995
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
Henderson, NV N/A $1,495 $1,795 $2,300
Summerlin South, NV N/A N/A $2,650 $2,850
Cathedral City, CA N/A $3,200 $4,200 $4,000

Top Neighborhoods Near Nevada

There are a total of 45 neighborhoods in or near Nevada. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and The Strip. We've included the top 30 neighborhoods out of 45 total neighborhoods in or near Nevada in the following chart.

The average rent for these 30 neighborhoods in or near Nevada is currently around $4,075 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $4,075. Interestingly, the neighborhoods' average rent is higher than Nevada's average rent, which is only $2,100. Out of all the neighborhoods in or near Nevada, Downtown Las Vegas has the most affordable average rent at $1,425 per month. Whereas, at $21,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Nevada. 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
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
Historic Cultural, Los Angeles, CA $2,325 $2,583 $3,475 $2,797
Wilshire Center - Koreatown, Los Angeles, CA $1,975 $2,585 $3,470 $2,800
Downtown Los Angeles, Los Angeles, CA $2,098 $2,880 $4,087 $3,001
Mar Vista, Los Angeles, CA $2,973 $2,673 $3,700 $3,290
Mid-Town North Hollywood, Los Angeles, CA $1,995 $2,601 $3,473 $3,595
Westchester-Playa Del Rey, Los Angeles, CA $2,381 $2,991 $3,953 $3,800
West Los Angeles, Los Angeles, CA $2,195 $3,295 $3,798 $3,990
Marina del Rey, Los Angeles, CA $2,595 $3,656 $4,973 $4,000
South Robertson, Los Angeles, CA $2,200 $2,495 $3,650 $4,100
East Village, San Diego, CA $2,550 $3,713 $5,575 $4,100
Greater Wilshire, Los Angeles, CA N/A $2,733 $3,795 $4,300
Westwood, Los Angeles, CA $2,495 $3,800 $4,495 $4,548
Mid-City West, Los Angeles, CA $2,545 $3,295 $4,395 $4,900
Westside, Los Angeles, CA $2,648 $2,900 $4,600 $5,195
Brentwood, Los Angeles, CA N/A $3,148 $4,650 $5,525
Venice, Los Angeles, CA $2,898 $4,298 $5,750 $5,775
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,332 $3,050 $5,800
Orange County Great Park, Irvine, CA N/A N/A N/A $6,100
PGA West, La Quinta, CA N/A N/A $5,000 $6,650
Sherman Oaks, Los Angeles, CA $2,095 $2,600 $3,280 $6,950
Hollywood Hills West, Los Angeles, CA $2,073 $2,795 $4,510 $7,495
Tarzana, Los Angeles, CA $1,743 $2,175 $3,120 $7,900
Studio City, Los Angeles, CA N/A $2,775 $3,850 $8,725
Encino, Los Angeles, CA N/A $2,325 $3,067 $9,900
Bel Air-Beverly Crest, Los Angeles, CA $2,500 $3,995 $8,623 $21,500

Top Counties Near Nevada

There are a total of 45 counties located by Nevada. Some of these counties include Iron, UT, Clark, NV, and San Bernardino, CA. The average rent for rentals in these counties is $3,765. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Iron, UT. It's average rent per month is $1,355. Vice versa, with an average rent of $5,200, San Diego, CA is the most expensive county by Nevada.

Typically, rent for studios in Nevada is 88.28% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Nevada is 78.82% more affordable than other counties nearby. Finally, rent for two bedrooms in Nevada is 109.28% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Iron, UT N/A $595 $1,023 $1,355
Clark, NV $1,163 $1,375 $1,595 $2,100
San Bernardino, CA $1,595 $1,550 $2,195 $2,800
Alameda, CA $2,178 $2,400 $2,850 $2,968
Santa Clara, CA $3,355 $2,770 $3,455 $3,841
Los Angeles, CA $2,200 $2,695 $3,600 $4,000
Ventura, CA $2,475 $2,518 $3,200 $4,150
Riverside, CA $1,543 $1,900 $4,000 $4,287
Orange, CA $2,400 $2,686 $3,800 $5,000
San Diego, CA $2,726 $3,500 $4,500 $5,200

Top Zipcodes Near Nevada

There are a total of 25 zipcodes in or near Nevada. The average rent for all of these zipcodes is $2,100. A total of 13 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 $9,500 per month is 91604, Los Angeles, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Nevada is $1,350 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,600 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Nevada. 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
92101, San Diego, CA $2,999 $3,725 $5,795 $4,450
89117, Las Vegas, NV N/A $1,350 $1,595 $2,150
90049, Los Angeles, CA $2,398 $3,148 $5,090 $5,595
89052, Henderson, NV N/A $1,900 $1,750 $2,450
89103, Paradise, NV N/A $1,250 $1,500 $1,595
89123, Paradise, NV N/A $1,400 $1,685 $1,900
89147, Spring Valley, NV N/A $1,400 $1,450 $2,100
89129, Clark County, NV N/A N/A $1,725 $2,000
89183, Paradise, NV N/A $1,350 $1,600 $1,995

Frequently Asked Questions - Nevada Average Rents

What is the average rent price in Nevada?
The average monthly rental price for Nevada apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Nevada 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 Nevada.
How much is a studio apartment in Nevada?
The average monthly rental price for studio apartments is $1,163 and an average price per square feet of $2.25. There are a total of 28 studio apartment listings currently available for rent in Nevada.
How much is a one bedroom apartment in Nevada?
The average monthly rental price for one bedroom apartments is $1,375 and an average price per square feet of $1.84. There are a total of 291 one bedroom apartment listings currently available for rent in Nevada.
How much is a two bedroom apartment in Nevada?
The average monthly rental price for two bedroom apartments is $1,590 and an average price per square feet of $1.42. There are a total of 990 two bedroom apartment listings currently available for rent in Nevada.
How have rent prices in Nevada changed this year?
Rent prices for rentals in Nevada can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Nevada?
A reasonable rent price in Nevada is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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