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City Report · NV

Las Vegas

Pop. 660,400·13th most expensive in Nevada·Rental market data updated monthly for Las Vegas, NV
Median rent (all units)
$1,700/mo
Year-over-Year
+0.9%
Month-over-Month
+0.2%
vs US Median
-$232
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Las Vegas · $1,700
More affordable than 61% of US cities · National median $1,932/mo
Rent Reality Score
78/100
Good value
OverheatedFairGreat value

Rents are 14% below what Las Vegas's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,700/mo
Expected by trend
$1,977/mo
The Rent Reality Score compares today's median rent to where Las Vegas's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,403
1 BR
$1,575
2 BR
$1,867
3 BR
$2,620
4 BR+
$3,042
Fair Market Rent (HUD)
$1,867/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,700 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Las Vegas usually run 0.8% below trend in January and 0.8% above it in July, about $27 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Las Vegas is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Nevada

Rent in Las Vegas changed +0.9% over the year to September 2026. Across the 14 Nevada cities Zillow tracks, the typical change was +4.9%.

Rent vs. income since 2019

From 2019 to 2024, rent in Las Vegas rose 37.6% while median household income rose 31.1% ($56,354 to $73,877). Rent outpaced income.

Since before the pandemic

Rent in Las Vegas is 35.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($73,877) is $1,847 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,575); a 2-bedroom is $1,867.

Spread across ZIP codes

The priciest of 42 ZIP codes in Las Vegas, 89158 ($5,283/mo), costs 4.8 times the cheapest, 89101 ($1,112/mo).

From Zillow's monthly rent index (ZORI) for Las Vegas. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,400/yr
At $1,700/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.9% YoY, +0.2% MoM), not inventory.
Rent check

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Demographics

Who lives here

Las Vegas, NV is majority owner-occupied, 27.7% of residents hold a bachelor's degree or higher.

Population
660,400
Median income
$73,877
Median age
38.6
Renters
43.4%
Age distribution
22.4%
22.6%
26.6%
12.3%
16%
Under 1822.4%
18–3422.6%
35–5426.6%
55–6412.3%
65+16%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
45.1%
34.7%
White45.1%
Black11.7%
Hispanic34.7%
Asian7.2%
Other1.4%
Education (25+)
13.9%
27%
31.4%
27.7%
No HS diploma13.9%
HS diploma27%
Some college31.4%
Bachelor's+27.7%
Housing tenure
56.6%
43.4%
Owner56.6%
Renter43.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Las Vegas, NV has changed in 5 years

Rent
$1,384 → $1,700
up 22.8%
Income
$61,356 → $73,877
up 20.4%
Population
634,786 → 660,400
up 4.0%
Renter share
46.3% → 43.4%
-2.9 pts
Bachelor's+
25.9% → 27.7%
+1.8 pts
Median age
37.9 → 38.6
+0.7 yrs

Since 2021, the typical rent in Las Vegas, NV has climbed from $1,384 to $1,700, a 22.8% change over five years. Local incomes tracked alongside that move, going from a median of $61,356 in 2021 to $73,877 more recently. The population has grown by 4.0% since 2021, moving from about 634,786 residents to roughly 660,400. Renters now make up 43.4% of households, compared with 46.3% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Las Vegas, NV market of 2021.

Community

Discussions about Las Vegas

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View Las Vegas rent history (2015–2026) →
Salary vs rent

Can you afford rent in Las Vegas on your salary?

At $1,700/mo, how Las Vegas rent compares to typical pay (30% rule).

By apartment size

Las Vegas rent by bedroom count

Median rent for each apartment size in Las Vegas. Click any size for full breakdown.

Local insights

Tips for renters in Las Vegas

About renting in Las Vegas, NV

Last updated: October 17, 2026

The median rent in Las Vegas is $1,700/mo as of October 2026. A studio apartment averages $1,403/mo while a 2-bedroom runs $1,867/mo. One-bedroom apartments average $1,575/mo and 3-bedroom units go for $2,620/mo.

At 28% of local median household income ($73,877/yr), Las Vegas ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Las Vegas?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,700/mo in Las Vegas. The local median household income is $73,877/yr, so the typical household meets that bar.

Is rent going up or down in Las Vegas?

Rent in Las Vegas has risen 0.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Las Vegas?

Asking rents in Las Vegas are usually lowest in January, about 0.8% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Las Vegas?

Yes. From 2019 to 2024, rent in Las Vegas rose 37.6% while median household income rose 31.1%, from $56,354 to $73,877. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Las Vegas neighborhoods have the lowest rent?

The most affordable ZIP codes in Las Vegas are 89101 ($1,112/mo), 89169 ($1,216/mo), and 89110 ($1,312/mo). Citywide, the median rent is $1,700/mo.

How does Las Vegas rent compare to other cities in Nevada?

Las Vegas is one of the more affordable among Nevada cities for rent, ranking #13 of 18 tracked cities at $1,700/mo. Over the year to September 2026, rent in Las Vegas changed +0.9%, against a typical +4.9% across the 14 Nevada cities Zillow tracks.

Which nearby cities are cheaper to rent in than Las Vegas?

Nearby cities with lower median rent than Las Vegas ($1,700/mo) include Boulder City ($1,567/mo).
Income Affordability
28%
AFFORDABLE

At $1,700/mo, rent takes ~28% of Las Vegas's median household income ($73,877/yr). The standard benchmark is 30%.

Las Vegas 28%Benchmark 30%
State income taxNone
Run the Las Vegas affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Las Vegas, NV

Recent submissions

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