Average Rent in Nevada

Home » NV

Current Versus Historical Nevada Rents

Nevada rentals average $895 for a studio rental to $2,650 for a 4-bedroom rental. The median price of all currently available listings is $2,050, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $96 (9.20%) year-over-year from $1,042 to $1,138. 1-bedroom rentals prices have increased by $419 (28.60%) year-over-year from $1,465 to $1,884. 2-bedroom rentals prices have increased by $52 (3.24%) year-over-year from $1,598 to $1,650. 3-bedroom rentals prices have increased by $27 (1.35%) year-over-year from $1,973 to $2,000. 4-bedroom rentals prices have increased by $75 (3.01%) year-over-year from $2,500 to $2,575. 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 4.41% this month. 1-bedroom rents have gone down by 0.30% this month. 2-bedroom rents have gone down by 3.88% this month. 3-bedroom rents have gone up by 0.08% this month. 4-bedroom rents have gone up by 1.98% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.59	$1,138	$1,042 (9.20%)	$1,380 (-17.57%)
1 BR	$1.74	$1,884	$1,465 (28.60%)	$1,687 (11.66%)
2 BR	$1.43	$1,650	$1,598 (3.24%)	$1,682 (-1.88%)
3 BR	$1.28	$2,000	$1,973 (1.35%)	$1,937 (3.27%)
4+ BR	$1.13	$2,575	$2,500 (3.01%)	$2,405 (7.07%)

Historical Rents in Nevada

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Nevada

There are a total of 50 cities nearby Nevada. The average rent in Nevada is currently $4,300 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 $1,500, is the most affordable city nearby. In contrast, the most expensive city near Nevada is Malibu, CA. Monthly rents here are on average $20,000 per month.

Let's compare Nevada's rent against other top cities nearby by bedroom size. Typically, rent for studios in Nevada is 57.54% more expensive than other cities nearby. One bedrooms are about 95.17% more affordable. Two bedrooms in Nevada are about 130.82% more affordable. Finally, rent for three bedrooms are about 139.94% more affordable. Want more information? Check out the top 10 cities out of 50 total cities near Nevada in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$950	$1,150	$1,500
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
Cathedral City, CA	$1,400	$3,200	$4,200	$4,000

Top Neighborhoods Near Nevada

There are a total of 50 neighborhoods in or near Nevada. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Rhodes Ranch. We've included the top 30 neighborhoods out of 50 total neighborhoods in or near Nevada in the following chart.

The average rent for these 30 neighborhoods in or near Nevada is currently around $4,449 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-seven neighborhoods have a higher average rent than $4,449. Interestingly, the neighborhoods' average rent is higher than Nevada's average rent, which is only $2,050. Out of all the neighborhoods in or near Nevada, Downtown Las Vegas has the most affordable average rent at $1,200 per month. Whereas, at $19,950 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	$895	$1,098	$1,250	$1,200
Silverado Ranch, Paradise, NV	N/A	$1,363	$1,748	$2,000
Rhodes Ranch, Spring Valley, NV	N/A	$1,538	$1,599	$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
Wilshire Center - Koreatown, Los Angeles, CA	$1,971	$2,468	$3,200	$2,515
Historic Cultural, Los Angeles, CA	$2,065	$2,405	$3,390	$2,760
Downtown Los Angeles, Los Angeles, CA	$2,100	$2,895	$4,253	$3,252
Mid-Town North Hollywood, Los Angeles, CA	$1,985	$2,565	$3,476	$3,545
East Village, San Diego, CA	$2,700	$3,600	$4,995	$3,950
Westchester-Playa Del Rey, Los Angeles, CA	$2,342	$2,727	$3,750	$3,973
Mar Vista, Los Angeles, CA	$2,598	$2,585	$4,699	$3,998
Greater Wilshire, Los Angeles, CA	N/A	$2,675	$3,823	$4,085
West Los Angeles, Los Angeles, CA	$2,095	$3,150	$3,695	$4,400
Marina del Rey, Los Angeles, CA	$2,400	$3,195	$4,995	$4,497
South Robertson, Los Angeles, CA	N/A	$2,595	$3,795	$4,500
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,450	$3,292	$4,795
Westwood, Los Angeles, CA	$2,095	$4,000	$4,500	$5,471
Mid-City West, Los Angeles, CA	$2,623	$3,223	$4,419	$5,473
Orange County Great Park, Irvine, CA	N/A	$1,400	$4,300	$5,500
Sherman Oaks, Los Angeles, CA	$1,896	$2,438	$3,420	$5,948
PGA West, La Quinta, CA	N/A	N/A	$4,550	$6,000
Westside, Los Angeles, CA	$2,575	$9,900	$5,250	$6,095
Brentwood, Los Angeles, CA	N/A	$3,273	$4,625	$7,323
Hollywood Hills West, Los Angeles, CA	$1,831	$2,923	$4,300	$7,495
Venice, Los Angeles, CA	$3,375	$4,300	$6,750	$7,875
Encino, Los Angeles, CA	N/A	$2,526	$3,500	$8,750
Studio City, Los Angeles, CA	N/A	$2,900	$3,800	$8,873
Pacific Palisades, Los Angeles, CA	N/A	$2,900	$6,288	$16,500
Bel Air-Beverly Crest, Los Angeles, CA	$2,313	$3,623	$9,750	$19,950

Top Counties Near Nevada

There are a total of 50 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 $3,749. That's roughly around $3 per sqft. A total of 2 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 $5,000, San Diego, CA is the most expensive county by Nevada.

Typically, rent for studios in Nevada is 95.39% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Nevada is 93.55% more affordable than other counties nearby. Finally, rent for two bedrooms in Nevada is 101.43% 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	$895	$1,298	$1,595	$2,095
San Bernardino, CA	$1,395	$1,633	$2,150	$2,800
Alameda, CA	$2,150	$2,400	$2,900	$3,100
Santa Clara, CA	N/A	$2,613	$3,247	$3,676
Ventura, CA	$2,750	$2,700	$3,100	$4,098
Los Angeles, CA	$2,073	$2,644	$3,650	$4,300
Riverside, CA	$1,425	$1,950	$3,900	$4,321
Orange, CA	$2,400	$2,731	$3,700	$5,000
San Diego, CA	$2,700	$3,438	$4,400	$5,000

Top Zipcodes Near Nevada

There are a total of 28 zipcodes in or near Nevada. The average rent for all of these zipcodes is $2,100. A total of 12 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 $9,000 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 $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,673 per month. Which comes out to $1 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	$1,700	$2,229
92101, San Diego, CA	$3,000	$3,500	$4,995	$4,063
89117, Las Vegas, NV	N/A	$1,275	$1,525	$2,100
90049, Los Angeles, CA	$1,899	$3,273	$4,843	$7,295
89052, Henderson, NV	N/A	$1,250	$1,798	$2,500
89103, Paradise, NV	N/A	$1,195	$1,450	$1,595
89123, Paradise, NV	N/A	$1,400	$1,700	$1,950
89147, Spring Valley, NV	N/A	$1,300	$1,485	$2,173
89129, Clark County, NV	N/A	N/A	$1,650	$2,065
89183, Paradise, NV	N/A	$1,350	$1,748	$1,993

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 $2,050. 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 $895 and an average price per square feet of $1.59. There are a total of 36 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 $1,295 and an average price per square feet of $1.74. There are a total of 298 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 $1,576 and an average price per square feet of $1.43. There are a total of 1,062 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 0.09%, one bedroom rental prices have changed by 0.29%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Nevada?

A reasonable rent price in Nevada is around $1,640/month. You can search for these reasonably priced rental listings on RentHop.