Rents are 14% below what Las Vegas's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,720 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Las Vegas, NV is majority owner-occupied, 27.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Las Vegas, NV has changed in 5 years
Since 2021, the typical rent in Las Vegas, NV has climbed from $1,382 to $1,720, a 24.5% 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.
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Can you afford rent in Las Vegas on your salary?
At $1,720/mo, how Las Vegas rent compares to typical pay (30% rule).
Las Vegas rent by bedroom count
Median rent for each apartment size in Las Vegas. Click any size for full breakdown.
Tips for renters in Las Vegas
Last updated: August 17, 2026
The median rent in Las Vegas is $1,720/mo as of August 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 1.4% over the past year.
Frequently asked questions
Is Las Vegas an affordable city for renters?
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Which Las Vegas neighborhoods have the lowest rent?
How does Las Vegas rent compare to other cities in Nevada?
Which nearby cities are cheaper to rent in than Las Vegas?
What percentage of Las Vegas residents rent vs. own?
How does Las Vegas rent compare to the national average?
At $1,720/mo, rent takes ~28% of Las Vegas's median household income ($73,877/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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