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ZIP Code · NV

ZIP 89118

Pop. 22,610·Clark County·61st most expensive ZIP in Nevada
Median rent (all units)
$1,605/mo
Year-over-Year
+5.7%
Month-over-Month
+2.2%
vs US Median
-$357
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 89118 · $1,605
More affordable than 66% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,600
2 BR
$1,880
3 BR
$2,610
4 BR+
$3,000
Research median
$1,880/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: August 17, 2026

Annual cost
$19,260/yr
At $1,605/mo median
Location
StateNV
CountyClark County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.7% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 89118 (Las Vegas, NV) is roughly split between renters and owners, 24.7% of residents hold a bachelor's degree or higher.

Population
22,610
Median income
$71,160
Median age
42.3
Renters
52.7%
Age distribution
15.8%
21.7%
33.6%
12.3%
16.6%
Under 1815.8%
18–3421.7%
35–5433.6%
55–6412.3%
65+16.6%
Gender
54.8%
45.2%
Male54.8%
Female45.2%
Race & ethnicity
38.3%
19.6%
19.3%
20.8%
White38.3%
Black19.6%
Hispanic19.3%
Asian20.8%
Other2.1%
Education (25+)
36.3%
29.3%
24.7%
No HS diploma9.7%
HS diploma36.3%
Some college29.3%
Bachelor's+24.7%
Housing tenure
47.3%
52.7%
Owner47.3%
Renter52.7%

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

2021 vs 2026

How ZIP 89118 in Las Vegas, NV has changed in 5 years

Rent
$1,270 → $1,605
up 26.4%
Income
$64,779 → $71,160
up 9.9%
Population
22,701 → 22,610
down 0.4%
Renter share
57.6% → 52.7%
-4.9 pts
Bachelor's+
24.4% → 24.7%
+0.3 pts
Median age
40.8 → 42.3
+1.5 yrs

The median rent in ZIP 89118 in Las Vegas, NV stood at $1,270 in 2021 and currently runs about $1,605, reflecting a 26.4% increase over the period. Census figures show median household income at $71,160 today, compared with $64,779 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 52.7% of households, compared with 57.6% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 89118

Last updated: August 17, 2026

ZIP code 89118 covers Las Vegas, NV. The median rent here is $1,605/mo as of August 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,880/mo.

At 27% of local median household income ($71,160/yr), ZIP 89118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 89118?

As of August 17, 2026, the median monthly rent in ZIP 89118 (Las Vegas, NV) is $1,605. This is based on aggregated data from public sources and community submissions.

How does ZIP 89118 rent compare to the US average?

ZIP 89118's median rent of $1,605/mo is $357 (18%) below the US national median of $1,962/mo.

How does ZIP 89118 compare to other ZIPs in Nevada?

ZIP 89118 is among the more affordable ZIP codes in Nevada, ranking #61 out of 82 ZIPs at $1,605/mo.

How much income do you need to rent in ZIP 89118?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,605/mo in ZIP 89118. The local median household income is $71,160/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 89118?

Rent in ZIP 89118 has increased 5.7% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 89118 an affordable place to rent?

ZIP 89118 is considered affordable for renters. At $1,605/mo, rent takes approximately 27% of the local median household income ($71,160/yr). The standard benchmark is 30%. ZIP 89118 falls comfortably within that range.

What percentage of ZIP 89118 residents rent vs. own?

According to Census data, approximately 52.7% of ZIP 89118 households are renters, while 47.3% are owner-occupied. With a majority renter population, ZIP 89118 has a strong rental market.

How does ZIP 89118 compare to the rest of Las Vegas?

ZIP 89118 is more affordable than Las Vegas overall. At $1,605/mo, it's $115 below the Las Vegas citywide median of $1,720/mo.

When was rent data for ZIP 89118 last updated?

Rent data for ZIP 89118 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,605/mo, rent takes ~27% of ZIP 89118's median household income ($71,160/yr). The standard benchmark is 30%.

ZIP 89118 27%Benchmark 30%
State income taxNone
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