ZIP Code · NV

ZIP 89138

Part of Las Vegas, NV

Pop. 26,947·Clark County·4th most expensive ZIP in Nevada

Median rent (all units)

$2,806/mo

Year-over-Year

+0.7%

Month-over-Month

Stable

vs US Median

+$874

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 89138 · $2,806

More expensive than 87% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$2,000

1 BR

$2,210

2 BR

$2,600

3 BR

$3,620

4 BR+

$4,140

Research median

$2,600/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

December. Asking rents in ZIP 89138 usually run 1.3% below trend in December and 1.1% above it in June, about $67 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 89138 is 1.1% below its high of $2,838 in June 2026, at $2,806 as of September 2026.

Past year vs. the rest of Nevada

Rent in ZIP 89138 changed +0.6% over the year to September 2026. Across the 77 Nevada ZIP codes Zillow tracks, the typical change was +2.0%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($161,645) is $4,041 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,620); a 4-bedroom is $4,140.

Rank in Las Vegas

41st cheapest of 42 ZIP codes in Las Vegas.

Cheaper nearby

ZIP 89144, 2 miles away, rents for 24% less ($2,125/mo), about $8,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 89138. 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

$33,672/yr

At $2,806/mo median

Location

CityLas Vegas

StateNV

CountyClark County

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 (+0.7% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 89138 (Las Vegas, NV) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 59.5% of residents hold a bachelor's degree or higher.

Population

26,947

Median income

$161,645

Median age

40.6

Renters

17.1%

Age distribution

25.1%

15.1%

36.9%

Under 1825.1%

18–3415.1%

35–5436.9%

55–6411.3%

65+11.6%

Gender

50%

Male50%

Female50%

Race & ethnicity

61.3%

16.8%

White61.3%

Black3.2%

Hispanic11.4%

Asian16.8%

Other7.4%

Education (25+)

12.7%

24.2%

59.5%

No HS diploma3.5%

HS diploma12.7%

Some college24.2%

Bachelor's+59.5%

Housing tenure

82.9%

17.1%

Owner82.9%

Renter17.1%

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

2021 vs 2026

How ZIP 89138 in Las Vegas, NV has changed in 5 years

Rent

$2,370 → $2,806

up 18.4%

Income

$140,362 → $161,645

up 15.2%

Population

19,971 → 26,947

up 34.9%

Renter share

20.8% → 17.1%

-3.7 pts

Bachelor's+

63% → 59.5%

-3.5 pts

Median age

38.3 → 40.6

+2.3 yrs

The median rent in ZIP 89138 in Las Vegas, NV stood at $2,370 in 2021 and currently runs about $2,806, reflecting a 18.4% increase over the period. Household income in the area moved from $140,362 to $161,645 across the same window, up 15.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 34.9% since 2021, moving from about 19,971 residents to roughly 26,947. Renters now make up 17.1% of households, compared with 20.8% five years ago. College-educated residents now make up 59.5% of adults here, versus 63% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 89138 in Las Vegas, NV look reasonable against where the market sat half a decade ago.

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About renting in ZIP 89138

Last updated: October 17, 2026

ZIP code 89138 covers Las Vegas, NV. The median rent here is $2,806/mo as of October 2026. A 1-bedroom rents for a median of $2,210/mo. A 2-bedroom rents for a median of $2,600/mo.

At 21% of local median household income ($161,645/yr), ZIP 89138 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 89138?

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (about $54/hour full-time) to afford the median rent of $2,806/mo in ZIP 89138. The local median household income is $161,645/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 89138?

Rent in ZIP 89138 has risen 0.7% over the past year as of September 2026. It sits 1.1% below its high of $2,838 in June 2026.

When is the cheapest time to rent in ZIP 89138?

Asking rents in ZIP 89138 are usually lowest in December, about 1.3% below their yearly trend, and highest in June, about 1.1% above it. At today's median that is a gap of roughly $67 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 89138 compare to other ZIPs in Nevada?

ZIP 89138 is one of the pricier among Nevada ZIP codes for rent, ranking #4 of 82 at $2,806/mo. Over the year to September 2026, rent in ZIP 89138 changed +0.6%, against a typical +2.0% across the 77 Nevada ZIP codes Zillow tracks.