Average Rent in The Strip, Paradise, NV

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Current Versus Historical The Strip, Paradise, NV Rents

The Strip rentals average $2,075 for a studio rental to $6,450 for a 3-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $17 (-0.85%) year-over-year from $1,967 to $1,950. 1-bedroom rentals prices have increased by $38 (1.63%) year-over-year from $2,306 to $2,344. 2-bedroom rentals prices have increased by $335 (12.14%) year-over-year from $2,759 to $3,094. 3-bedroom rentals prices have increased by $1 (0.03%) year-over-year from $4,717 to $4,718. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $12,000 to $12,000. 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 4.84% this month. 1-bedroom rents have gone up by 9.23% this month. 2-bedroom rents have gone up by 11.93% this month. 3-bedroom rents have gone down by 15.08% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.74 $1,950 $1,967 (-0.85%) $2,067 (-5.65%)
1 BR $3.18 $2,344 $2,306 (1.63%) $1,913 (22.53%)
2 BR $2.06 $3,094 $2,759 (12.14%) $2,845 (8.75%)
3 BR $2.30 $4,718 $4,717 (0.03%) $5,220 (-9.62%)

Historical Rents in The Strip, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near The Strip

There are a total of 10 cities nearby The Strip. The average rent in The Strip is currently $2,025 per month. A total of 9 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 The Strip, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,675 per month.

Let's compare The Strip, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 56.34% more expensive. Two bedrooms in The Strip, Paradise, NV are about 28.10% more expensive. Finally, rent for three bedrooms are about 68.80% more expensive. Want more information? Check out the top 10 cities near The Strip, Paradise, 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 The Strip

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

The average rent for these 8 neighborhoods in or near The Strip, Paradise, NV is currently around $2,148 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near The Strip, Downtown Las Vegas has the most affordable average rent at $1,200 per month. Whereas, at $2,595 average rent per month, Southern Highlands is the most expensive neighborhood in or near The Strip. 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
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
Southern Highlands, Enterprise, NV N/A N/A N/A $2,595

Top Counties Near The Strip

There are a total of 8 counties located by The Strip, Paradise, NV. The average rent for rentals in these counties is $2,095. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. 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 The Strip, Paradise, NV.

Typically, rent for studios in The Strip, Paradise, NV is 56.87% more expensive than other counties nearby. In comparison, rent for one bedroom listings in The Strip, Paradise, NV is 53.66% more expensive than other counties nearby. Finally, rent for two bedrooms in The Strip, Paradise, NV is 30.50% more expensive 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 The Strip

There are a total of 16 zipcodes in or near The Strip, Paradise, NV. The average rent for all of these zipcodes is $1,996. A total of 15 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 $2,629 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 The Strip, Paradise, NV is $1,098 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,580 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in The Strip, Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
89119, Paradise, NV N/A $1,000 $1,300 $1,295
89103, Paradise, NV N/A $1,195 $1,450 $1,595
89121, Paradise, NV $1,200 N/A $1,200 $1,650
89123, Paradise, NV N/A $1,400 $1,700 $1,950
89117, Las Vegas, NV N/A $1,275 $1,525 $2,100
89108, Las Vegas, NV N/A $973 $1,295 $1,700
89014, Henderson, NV N/A N/A $1,450 $1,899
89074, Henderson, NV N/A $1,450 $1,560 $2,100
89032, North Las Vegas, NV N/A N/A $1,695 $2,000
89147, Spring Valley, NV N/A $1,300 $1,485 $2,173

Frequently Asked Questions - The Strip Average Rents

What is the average rent price in The Strip, Paradise, NV?
The average monthly rental price for The Strip, Paradise, NV apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do The Strip, Paradise, 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 The Strip, Paradise, NV.
How much is a studio apartment in The Strip, Paradise, NV?
The average monthly rental price for studio apartments is $2,075 and an average price per square feet of $3.74. There are a total of 4 studio apartment listings currently available for rent in The Strip.
How much is a one bedroom apartment in The Strip, Paradise, NV?
The average monthly rental price for one bedroom apartments is $2,800 and an average price per square feet of $3.18. There are a total of 34 one bedroom apartment listings currently available for rent in The Strip.
How much is a two bedroom apartment in The Strip, Paradise, NV?
The average monthly rental price for two bedroom apartments is $2,295 and an average price per square feet of $2.06. There are a total of 40 two bedroom apartment listings currently available for rent in The Strip.
How have rent prices in The Strip, Paradise, NV changed this year?
Rent prices for rentals in The Strip, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in The Strip, Paradise, NV?
A reasonable rent price in The Strip, Paradise, NV is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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