Las Vegas rents and rental comps
The median asking rent across 17 Las Vegas zip codes is $1,701/month, up 0.2% from a year ago.
No state income tax and one of the highest renter shares of any major metro. Half the city rents, California migration keeps demand strong, and the house always wins. Especially if you own it.
Median Asking Rent
$1,701
Rent Change (YoY)
+0.2%
Avg Days on Market
53
Active Rental Listings
3,774
Median List Price
$360,000
Median Asking Rent Over Time
Average across 17 zip codes
Median Asking Rent by ZIP Code
Rental Listings by ZIP Code
ZIP | Median Rent |
|---|---|
| 89109 | $2,200/mo |
| 89148 | $2,200/mo |
| 89131 | $2,120/mo |
| 89147 | $2,050/mo |
| 89117 | $1,995/mo |
| 89123 | $1,995/mo |
| 89106 | $1,789/mo |
| 89107 | $1,500/mo |
| 89108 | $1,500/mo |
| 89103 | $1,480/mo |
| 89110 | $1,450/mo |
| 89115 | $1,450/mo |
| 89102 | $1,400/mo |
| 89104 | $1,400/mo |
| 89121 | $1,400/mo |
| 89119 | $1,195/mo |
| 89101 | $1,100/mo |
Comps for any address in Las Vegas
Type the address, get the comps. No setup.
Median Asking Rent by Bedroom
| Unit Size | Median Rent |
|---|---|
| Studio | $1,056/mo |
| 1 Bedroom | $1,099/mo |
| 2 Bedroom | $1,349/mo |
| 3 Bedroom | $1,900/mo |
| 4 Bedroom | $2,395/mo |
Aggregated median across all Las Vegas zip codes with available data.
For-Sale Listings by ZIP Code
| ZIP | Median List Price |
|---|---|
| 89131 | $625,000 |
| 89117 | $529,995 |
| 89148 | $499,000 |
| 89123 | $450,000 |
| 89147 | $420,000 |
| 89102 | $399,900 |
| 89101 | $385,000 |
| 89107 | $360,000 |
| 89109 | $360,000 |
| 89110 | $359,999 |
| 89106 | $359,985 |
| 89121 | $350,000 |
| 89104 | $349,999 |
| 89108 | $349,999 |
| 89115 | $310,000 |
| 89103 | $285,000 |
| 89119 | $215,000 |
HUD Fair Market Rents
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,190/mo |
| 1 Bedroom | $1,330/mo |
| 2 Bedroom | $1,580/mo |
| 3 Bedroom | $2,210/mo |
| 4 Bedroom | $2,560/mo |
HUD publishes Fair Market Rents once a year for the Las Vegas metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
About the Las Vegas rental market
The median asking rent across Las Vegas, NV sits at $1,701/month, pulled from active rental listings in 17 zip codes. That's up 0.2% from a year ago.
Rents aren't uniform across the city. ZIP 89109 tops the list at $2,200/month. ZIP 89101 comes in lowest at $1,100/month. That's a 100% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,349/month at the median. 1-bedrooms run about $1,099. 3-bedrooms come in around $1,900.
Listings take longer here. The average is 53 days on market, which gives renters more room to negotiate and means landlords should price carefully.
Rent-to-price math is tight in Las Vegas. The gross figure sits at about 5.7% ($1,701/month against $360,000 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the Las Vegas metro is $1,580/month. Asking rents track close to the federal benchmark, within 8%.
Vegas has one of the highest renter household percentages in the country, which makes it a fundamentally good market for landlords. No state income tax pulls people from California, and that pipeline has stayed consistent. The economy has diversified into healthcare, logistics, and professional services, but hospitality is still the backbone. Summerlin and Henderson are premium. North Las Vegas and the east side are cheaper. Like Phoenix, summer heat is intense, and tenants pay a premium for newer units with good AC. A property near the Strip and one 20 minutes away serve completely different renter populations.
These numbers are city-wide averages. If you're pricing a specific property in Las Vegas, pull comps from the same zip code. The spread is usually bigger than people expect.
Pull rental comps for an address in Las Vegas
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Las Vegas address to see them.
Nearby rental markets
Reno, NV
15 zip codes
Phoenix, AZ
22 zip codes
Denver, CO
17 zip codes
Salt Lake City, UT
15 zip codes
Boise, ID
11 zip codes
Tucson, AZ
17 zip codes
Related guides
How to find rental comps
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What is fair market rent?
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
How Section 8 payment standards work
The three numbers landlords mix up, the 90 to 110 percent band, and a worked example of what the voucher actually pays.