Average Rent in 89101, Las Vegas, NV

Current Versus Historical 89101, Las Vegas, NV Rents

89101 rentals average $1,145 for a studio rental to $1,978 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $2 per square feet.

For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $628 (64.61%) year-over-year from $972 to $1,600. 1-bedroom rentals prices have increased by $327 (22.17%) year-over-year from $1,473 to $1,800. 2-bedroom rentals prices have increased by $92 (7.01%) year-over-year from $1,308 to $1,400. 3-bedroom rentals prices have increased by $642 (40.53%) year-over-year from $1,583 to $2,225. 4-bedroom rentals prices have increased by $154 (8.35%) year-over-year from $1,841 to $1,995. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 20.66% this month. 1-bedroom rents have gone up by 10.32% this month. 2-bedroom rents have gone up by 3.51% this month. 3-bedroom rents have gone up by 16.49% this month. 4-bedroom rents have gone up by 3.86% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.66	$1,600	$972 (64.61%)	$1,828 (-12.45%)
1 BR	$2.02	$1,800	$1,473 (22.17%)	$829 (117.09%)
2 BR	$0.51	$1,400	$1,308 (7.01%)	$995 (40.77%)
3 BR	$1.66	$2,225	$1,583 (40.53%)	$1,294 (71.98%)
4+ BR	$1.36	$1,995	$1,841 (8.35%)	$1,775 (12.39%)

Historical Rents in 89101, Las Vegas, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 89101

There are a total of 10 cities nearby 89101. The average rent in 89101 is currently $2,148 per month. Only one city nearby has an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near 89101, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,723 per month.

Let's compare 89101, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 29.31% more expensive. Two bedrooms in 89101, Las Vegas, NV are about 29.34% more affordable. Finally, rent for three bedrooms are about 18.63% more expensive. Want more information? Check out the top 10 cities near 89101, Las Vegas, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,000	$1,150	$1,350
Whitney, NV	N/A	$1,123	$1,425	$1,723
Paradise, NV	$2,199	$1,798	$1,700	$2,000
Spring Valley, NV	N/A	$1,295	$1,545	$2,023
North Las Vegas, NV	N/A	$950	$1,610	$2,100
Las Vegas, NV	$1,195	$1,250	$1,650	$2,195
Enterprise, NV	N/A	$1,500	$1,725	$2,300
Henderson, NV	$2,075	$1,350	$1,825	$2,350
Winchester, NV	N/A	$2,000	$3,175	$2,395
Summerlin South, NV	N/A	N/A	$2,300	$2,723

Top Neighborhoods Near 89101

There are a total of 8 neighborhoods in or near 89101. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 8 neighborhoods in or near 89101, Las Vegas, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89101, Las Vegas, NV is currently around $2,286 per month. Meaning, only eight neighborhoods have a higher average rent than $2,286. Interestingly, the neighborhoods' average rent is higher than 89101's average rent, which is only $1,500. Out of all the neighborhoods in or near 89101, Downtown Las Vegas has the most affordable average rent at $1,600 per month. Whereas, at $2,790 average rent per month, The Strip is the most expensive neighborhood in or near 89101. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$1,095	$1,800	$1,400	$1,600
Silverado Ranch, Paradise, NV	N/A	$2,213	$1,950	$2,100
Mountain Edge, Enterprise, NV	N/A	N/A	N/A	$2,198
Rhodes Ranch, Spring Valley, NV	N/A	$1,798	$1,600	$2,250
Green Valley North, Henderson, NV	N/A	N/A	$1,650	$2,323
Mira Villas, Las Vegas, NV	N/A	N/A	$1,985	$2,397
Southern Highlands, Enterprise, NV	N/A	N/A	$2,200	$2,713
The Strip, Paradise, NV	$2,199	$2,498	$3,200	$2,790

Top Counties Near 89101

There are a total of 8 counties located by 89101, Las Vegas, NV. The average rent for rentals in these counties is $2,195. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,195. Vice versa, with an average rent of $2,195, Clark, NV is the most expensive county by 89101, Las Vegas, NV.

Typically, rent for studios in 89101, Las Vegas, NV is 39.74% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89101, Las Vegas, NV is 27.78% more expensive than other counties nearby. Finally, rent for two bedrooms in 89101, Las Vegas, NV is 23.55% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Clark, NV	$1,600	$1,300	$1,600	$2,195

Top Zipcodes Near 89101

There are a total of 34 zipcodes in or near 89101, Las Vegas, NV. The average rent for all of these zipcodes is $2,200. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89115, Clark County, NV at $1,275 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 89109, Paradise, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89101, Las Vegas, NV is $1,224 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,775 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 89101, Las Vegas, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89052, Henderson, NV	N/A	$1,423	$2,100	$2,473
89117, Las Vegas, NV	N/A	$1,525	$1,598	$2,495
89148, Clark County, NV	N/A	$1,798	$1,875	$2,295
89113, Spring Valley, NV	N/A	$1,350	$1,595	$2,200
89128, Las Vegas, NV	N/A	$1,298	$1,578	$2,100
89135, Clark County, NV	N/A	N/A	$2,300	$2,800
89178, Enterprise, NV	N/A	N/A	$1,750	$2,200
89139, Enterprise, NV	N/A	$1,950	$2,998	$2,295
89011, Henderson, NV	$2,075	$1,575	$2,150	$2,300
89044, Clark County, NV	N/A	N/A	$2,098	$2,400

Frequently Asked Questions - 89101 Average Rents

What is the average rent price in 89101, Las Vegas, NV?

The average monthly rental price for 89101, Las Vegas, NV apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 89101, Las Vegas, NV rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 89101, Las Vegas, NV.

How much is a studio apartment in 89101, Las Vegas, NV?

The average monthly rental price for studio apartments is $1,145 and an average price per square feet of $1.66. There are a total of 12 studio apartment listings currently available for rent in 89101.

How much is a one bedroom apartment in 89101, Las Vegas, NV?

The average monthly rental price for one bedroom apartments is $1,800 and an average price per square feet of $2.02. There are a total of 46 one bedroom apartment listings currently available for rent in 89101.

How much is a two bedroom apartment in 89101, Las Vegas, NV?

The average monthly rental price for two bedroom apartments is $1,295 and an average price per square feet of $0.51. There are a total of 27 two bedroom apartment listings currently available for rent in 89101.

How have rent prices in 89101, Las Vegas, NV changed this year?

Rent prices for rentals in 89101, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.65%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.41% year-over-year.

What is a reasonable rent price in 89101, Las Vegas, NV?

A reasonable rent price in 89101, Las Vegas, NV is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.