ZIP Code · NV

ZIP 89120

Pop. 23,389·Clark County·68th most expensive ZIP in Nevada
Median rent (all units)
$1,426/mo
Year-over-Year
+2.5%
Month-over-Month
+1.1%
vs US Median
-$506
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 89120 · $1,426
More affordable than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,370
2 BR
$1,610
3 BR
$2,240
4 BR+
$2,570
Research median
$1,610/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 89120 usually run 0.7% below trend in February and 1.2% above it in August, about $27 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 89120 is at its highest level since Zillow's records here began in May 2017.

Past year vs. the rest of Nevada

Rent in ZIP 89120 changed +2.5% over the year to September 2026. Across the 77 Nevada ZIP codes Zillow tracks, the typical change was +2.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 89120 rose 47.7% while median household income rose 45.5% ($51,347 to $74,688). Rent outpaced income.

Since before the pandemic

Rent in ZIP 89120 is 45.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($74,688) is $1,867 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,610); a 3-bedroom is $2,240.

Rank in Las Vegas

12th cheapest of 42 ZIP codes in Las Vegas.

Cheaper nearby

ZIP 89169, 4 miles away, rents for 15% less ($1,216/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 89120. 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
$17,112/yr
At $1,426/mo median
Location
StateNV
CountyClark County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 89120 (Las Vegas, NV) is majority owner-occupied, 26.7% of residents hold a bachelor's degree or higher.

Population
23,389
Median income
$74,688
Median age
40
Renters
40.5%
Age distribution
20.6%
20.5%
28%
13.3%
17.5%
Under 1820.6%
18–3420.5%
35–5428%
55–6413.3%
65+17.5%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
44.9%
39.2%
White44.9%
Black5.8%
Hispanic39.2%
Asian8.9%
Other1.1%
Education (25+)
16.1%
29.1%
28.2%
26.7%
No HS diploma16.1%
HS diploma29.1%
Some college28.2%
Bachelor's+26.7%
Housing tenure
59.5%
40.5%
Owner59.5%
Renter40.5%

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

2021 vs 2026

How ZIP 89120 in Las Vegas, NV has changed in 5 years

Rent
$1,094 → $1,426
up 30.3%
Income
$58,675 → $74,688
up 27.3%
Population
24,418 → 23,389
down 4.2%
Renter share
44.8% → 40.5%
-4.3 pts
Bachelor's+
24.7% → 26.7%
+2.0 pts
Median age
37.5 → 40
+2.5 yrs

Since 2021, the typical rent in ZIP 89120 in Las Vegas, NV has increased from $1,094 to $1,426, a 30.3% change over five years. Local incomes tracked alongside that move, going from a median of $58,675 in 2021 to $74,688 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.2% since 2021, moving from about 24,418 residents to roughly 23,389. Renters now make up 40.5% of households, compared with 44.8% five years ago. College-educated residents now make up 26.7% of adults here, versus 24.7% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 89120 in Las Vegas, NV market of 2021.

Community

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Local insights

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About renting in ZIP 89120

Last updated: October 17, 2026

ZIP code 89120 covers Las Vegas, NV. The median rent here is $1,426/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,610/mo.

At 23% of local median household income ($74,688/yr), ZIP 89120 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 89120?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,426/mo in ZIP 89120. The local median household income is $74,688/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 89120?

Rent in ZIP 89120 has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2017.

When is the cheapest time to rent in ZIP 89120?

Asking rents in ZIP 89120 are usually lowest in February, about 0.7% below their yearly trend, and highest in August, about 1.2% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 89120?

Yes. From 2019 to 2024, rent in ZIP 89120 rose 47.7% while median household income rose 45.5%, from $51,347 to $74,688. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 89120 compare to other ZIPs in Nevada?

ZIP 89120 is one of the more affordable among Nevada ZIP codes for rent, ranking #68 of 82 at $1,426/mo. Over the year to September 2026, rent in ZIP 89120 changed +2.5%, against a typical +2.0% across the 77 Nevada ZIP codes Zillow tracks.

How does ZIP 89120 compare to the rest of Las Vegas?

At $1,426/mo, ZIP 89120 is $274 below the Las Vegas citywide median of $1,700/mo. It is the 12th cheapest of 42 ZIP codes in Las Vegas.
Income Affordability
23%
VERY AFFORDABLE

At $1,426/mo, rent takes ~23% of ZIP 89120's median household income ($74,688/yr). The standard benchmark is 30%.

ZIP 89120 23%Benchmark 30%
State income taxNone
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Schools nearby

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