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Rental Market Trends in Las Vegas, NV

What is the average rent in Las Vegas, NV?

$1,271/month

Average Rent

702 Sq Ft

Average Apartment Size

-2.9%

Decrease in the Last Year

As of January 2026, the average rent in Las Vegas, NV is $1,271 per month. This is 22% lower than the national average rent of $1,624/month, making renting in Las Vegas more affordable than most cities in the US. When you rent an apartment in Las Vegas, you can expect to pay about $987 per month for a studio, $1,271 for a one-bedroom apartment, and around $1,534 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,839 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$987/month
403 Sq Ft
One Bedroom
$1,271/month
702 Sq Ft
Two Bedroom
$1,534/month
1,020 Sq Ft
Three Bedroom
$1,839/month
1,251 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,240/month
507 Sq Ft
Two Bedroom
$1,785/month
1,150 Sq Ft
Three Bedroom
$2,287/month
1,690 Sq Ft
Four Bedroom
$3,618/month
2,566 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,507/month
925 Sq Ft
Two Bedroom
$1,725/month
1,259 Sq Ft
Three Bedroom
$2,264/month
1,488 Sq Ft
Four Bedroom
$10,910/month
3,573 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,138/month
1,264 Sq Ft
Two Bedroom
$1,617/month
1,706 Sq Ft
Three Bedroom
$2,040/month
1,579 Sq Ft
Four Bedroom
$2,244/month
1,733 Sq Ft

How much has average rent changed in Las Vegas, NV?

In the past year, rent has decreased by 2.9%, which averages out to $36 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Las Vegas, NV
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Las Vegas, NV
Percentage*
Rent Range
13% Below $700/month
18% $700 - $1,000/month
41% $1,001 - $1,500/month
24% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Las Vegas?

Based on current rent prices, Silverado Village, Richfield Village and Downtown East are the most affordable neighborhoods in Las Vegas.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Silverado Village
$935/month
649 Sq Ft
Richfield Village
$940/month
561 Sq Ft
Downtown East
$981/month
636 Sq Ft
Summit Hills
$998/month
652 Sq Ft
The Crossings at Lake Mead
$1,008/month
609 Sq Ft
Park Villas
$1,029/month
619 Sq Ft
Century Garden
$1,031/month
1,009 Sq Ft
Village Green Condominium
$1,051/month
696 Sq Ft
Paradise Park
$1,051/month
705 Sq Ft
Paradise Gardens
$1,055/month
754 Sq Ft

What are the most expensive neighborhoods in Las Vegas?

Based on current rent prices, Downtown Summerlin, Willow Springs at Summerlin and Rhodes Ranch are the most expensive neighborhoods in Las Vegas.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Summerlin
$2,329/month
763 Sq Ft
Willow Springs at Summerlin
$2,165/month
759 Sq Ft
Rhodes Ranch
$2,047/month
778 Sq Ft
Centennial Parkway Fort Apache East
$2,003/month
830 Sq Ft
Elysian at Southern Highlands
$1,922/month
811 Sq Ft
Cortona
$1,918/month
844 Sq Ft
Parkway Center
$1,850/month
821 Sq Ft
Sovana
$1,840/month
807 Sq Ft
Central Casino Core
$1,823/month
836 Sq Ft
Coral Bay
$1,806/month
796 Sq Ft

Which Las Vegas neighborhoods have the most rentals available?

The neighborhoods in Las Vegas with the most apartments available are South Las Vegas, Central Las Vegas and Las Vegas Strip .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Las Vegas
$1,621/month
780 Sq Ft
Central Las Vegas
$1,264/month
788 Sq Ft
Las Vegas Strip
$1,358/month
751 Sq Ft
Spring Valley
$1,618/month
779 Sq Ft
University District
$1,260/month
678 Sq Ft
Centennial Hills
$1,486/month
760 Sq Ft
Northwest Las Vegas
$1,493/month
767 Sq Ft
The Strip
$1,496/month
847 Sq Ft
Sunrise Manor
$1,136/month
705 Sq Ft
Sovana
$1,840/month
807 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Las Vegas, NV?

Because the average rent in Las Vegas is $1,271, you’ll want to make about $4,236 per month or $50,832 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Las Vegas, NV is 4.5% lower than the national average. Generally, housing in Las Vegas is 2.3% more expensive than the national average, with rent falling between $987 - $1,839. You can expect to pay 2.8% more for groceries, 4.6% less for utilities, and 11.1% more for transportation.

City

Las Vegas, NV

18,833 Available Apartments for Rent

Search for Nearby Apartments

How does Las Vegas, NV compare to other nearby cities and neighborhoods?

Use the tool below to compare Las Vegas, NV to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Las Vegas, NV

Apartment Averages

Silverado Village

Las Vegas, NV

Downtown Summerlin

Las Vegas, NV

Studio
-
-
One Bedroom
-
$2,139/month
Two Bedroom
-
$2,786/month
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • North Las Vegas Average Rent

Apartment communities in Las Vegas we think you'll love

LeVante at Valley Vista

LeVante at Valley Vista

7618 N Decatur Blvd,
North Las Vegas, NV 89084

$1,664 - $5,170 Total Monthly Price

1-3 Beds

Rancho Mirage

Rancho Mirage

4250 S Arville St,
Las Vegas, NV 89103

$1,242 - $1,782 Total Monthly Price

1-2 Beds

The Allister

The Allister

5145 Rawhide St,
Las Vegas, NV 89122

$1,228 - $1,758 Total Monthly Price

1-3 Beds

Avion at Sunrise Mountain

Avion at Sunrise Mountain

6901 E Lake Mead Blvd,
Las Vegas, NV 89156

$1,137 - $2,085 Total Monthly Price

1-3 Beds

Property Management Companies in Las Vegas, NV

Cushman & Wakefield
Cushman & Wakefield
  • 471

    Communities

  • 110,921

    Units

  • 239

    Cities

44 Communities in Las Vegas
Greystar
Greystar
  • 3,446

    Communities

  • 951,526

    Units

  • 887

    Cities

43 Communities in Las Vegas
Advanced Management Group of Nevada
Advanced Management Group of Nevada
  • 35

    Communities

  • 5,760

    Units

  • 3

    Cities

32 Communities in Las Vegas
Stout Management Company
Stout Management Company
  • 31

    Communities

  • 6,116

    Units

  • 2

    Cities

31 Communities in Las Vegas
WestCorp Management Group
WestCorp Management Group
  • 34

    Communities

  • 10,418

    Units

  • 5

    Cities

26 Communities in Las Vegas
Ovation Development Corp
Ovation Development Corp
  • 27

    Communities

  • 7,989

    Units

  • 2

    Cities

24 Communities in Las Vegas
AMC
AMC
  • 645

    Communities

  • 127,319

    Units

  • 251

    Cities

22 Communities in Las Vegas
Olen Properties
Olen Properties
  • 37

    Communities

  • 11,345

    Units

  • 13

    Cities

18 Communities in Las Vegas

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United States Nevada Las Vegas Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity