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City Report · NV

Las Vegas

Pop. 660,400·11th most expensive in Nevada·Rental market data updated monthly for Las Vegas, NV
Median rent (all units)
$1,722/mo
Year-over-Year
+1.8%
Month-over-Month
+0.6%
vs US Median
-$243
Rising (Monthly)
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Most AffordableMost Expensive
Las Vegas · $1,722
More affordable than 59% of US cities · National median $1,965/mo
Rent Reality Score
77/100
Good value
OverheatedFairGreat value

Rents are 13% below what Las Vegas's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,722/mo
Expected by trend
$1,988/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
Research median
$1,867/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,664/yr
At $1,722/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.6% MoM), not inventory.
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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
$1,382 → $1,722
up 24.6%
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 $1,382 to $1,722, a 24.6% change over five years. Local incomes tracked alongside that move, going from a median of $61,356 in 2021 to $73,877 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. 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 $1,722/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: July 20, 2026

The median rent in Las Vegas is $1,722/mo as of July 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 1.8% over the past year.

FAQ

Frequently asked questions

Is Las Vegas an affordable city for renters?

Las Vegas is considered affordable for renters. At $1,722/mo, rent takes approximately 28% of the local median household income ($73,877/yr). The standard benchmark is 30%. Las Vegas falls comfortably within that range.

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 $69,000/year (~$33/hour full-time) to afford the median rent of $1,722/mo in Las Vegas. The local median household income is $73,877/yr, meaning the typical Las Vegas household meets that threshold.

Is rent going up or down in Las Vegas?

Rent in Las Vegas has increased 1.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Las Vegas neighborhoods have the lowest rent?

The most affordable ZIP codes in Las Vegas are 89101 ($1,145/mo), 89169 ($1,306/mo), and 89104 ($1,321/mo). Citywide, the median rent in Las Vegas is $1,722/mo.

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

Las Vegas is one of the more affordable cities in Nevada for rent, ranking #11 out of 16 tracked cities at $1,722/mo.

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

Boulder City is nearby and more affordable at $1,509/mo, which is $213 less than Las Vegas.

What percentage of Las Vegas residents rent vs. own?

According to Census data, approximately 43.4% of Las Vegas households are renters, while 56.6% are owner-occupied. Las Vegas leans toward homeownership, which can mean a smaller rental inventory.

How does Las Vegas rent compare to the national average?

Las Vegas's median rent of $1,722/mo is $243 (12%) below the US national median of $1,965/mo. Within Nevada, it ranks #11 out of 16 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,722/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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