Average Rent in 89103, Paradise, NV

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Current Versus Historical 89103, Paradise, NV Rents

89103 rentals average $0 for a studio rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $1,575, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $1,050 (131.25%) year-over-year from $800 to $1,850. 1-bedroom rentals prices have increased by $65 (5.73%) year-over-year from $1,135 to $1,200. 2-bedroom rentals prices have increased by $66 (4.57%) year-over-year from $1,433 to $1,498. 3-bedroom rentals prices have increased by $108 (5.88%) year-over-year from $1,842 to $1,950. 4-bedroom rentals prices have increased by $459 (19.21%) year-over-year from $2,391 to $2,850. 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 8.26% this month. 1-bedroom rents have gone down by 3.29% this month. 2-bedroom rents have gone up by 4.68% this month. 3-bedroom rents have gone up by 0.86% this month. 4-bedroom rents have gone up by 6.22% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.91 $1,200 $1,135 (5.73%) $992 (21.01%)
2 BR $1.51 $1,498 $1,433 (4.57%) $1,233 (21.54%)
3 BR $1.31 $1,950 $1,842 (5.88%) $2,012 (-3.10%)
4+ BR $1.27 $2,850 $2,391 (19.21%) $1,950 (46.15%)

Historical Rents in 89103, Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89103

There are a total of 9 cities nearby 89103. The average rent in 89103 is currently $2,200 per month. Our records show that Sunrise Manor, NV, with an average rent of $1,595, is the most affordable city nearby. In contrast, the most expensive city near 89103, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,800 per month.

Let's compare 89103, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 7.53% more affordable. Two bedrooms in 89103, Paradise, NV are about 16.67% more affordable. Finally, rent for three bedrooms are about 13.16% more affordable. Want more information? Check out the top 9 cities near 89103, Paradise, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,097 $1,200 $1,595
Paradise, NV $1,950 $1,625 $1,850 $2,100
North Las Vegas, NV N/A $1,025 $1,350 $2,100
Spring Valley, NV N/A $1,250 $1,575 $2,149
Las Vegas, NV $1,195 $1,195 $1,695 $2,200
Enterprise, NV N/A $1,800 $1,750 $2,350
Henderson, NV $1,538 $1,650 $1,925 $2,350
Winchester, NV N/A $1,525 $3,000 $2,648
Summerlin South, NV N/A N/A $2,575 $2,800

Top Neighborhoods Near 89103

There are a total of 10 neighborhoods in or near 89103. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 10 neighborhoods in or near 89103, Paradise, NV in the following chart.

The average rent for these 10 neighborhoods in or near 89103, Paradise, NV is currently around $2,395 per month. Meaning, only ten neighborhoods have a higher average rent than $2,395. Interestingly, the neighborhoods' average rent is higher than 89103's average rent, which is only $1,575. Out of all the neighborhoods in or near 89103, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $3,175 average rent per month, Lake Las Vegas is the most expensive neighborhood in or near 89103. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,145 $1,800 $2,295 $1,800
Silverado Ranch, Paradise, NV N/A $1,373 $1,900 $2,095
Mountain Edge, Enterprise, NV N/A N/A $1,975 $2,150
Green Valley South, Henderson, NV N/A N/A $1,750 $2,300
Rhodes Ranch, Spring Valley, NV N/A $1,450 $1,580 $2,395
Green Valley North, Henderson, NV N/A N/A $1,773 $2,395
Mira Villas, Las Vegas, NV N/A N/A $1,885 $2,450
Southern Highlands, Enterprise, NV N/A N/A N/A $2,650
The Strip, Paradise, NV $2,050 $2,245 $3,600 $2,950
Lake Las Vegas, Henderson, NV $1,700 $1,900 $2,500 $3,175

Top Counties Near 89103

There are a total of 10 counties located by 89103, Paradise, NV. The average rent for rentals in these counties is $2,200. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,200. Vice versa, with an average rent of $2,200, Clark, NV is the most expensive county by 89103, Paradise, NV.

Typically, rent for studios in 89103, Paradise, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89103, Paradise, NV is 15.70% more affordable than other counties nearby. Finally, rent for two bedrooms in 89103, Paradise, NV is 10.00% 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 $1,650 $1,345 $1,650 $2,200

Top Zipcodes Near 89103

There are a total of 35 zipcodes in or near 89103, Paradise, NV. The average rent for all of these zipcodes is $2,245. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $3,000 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 89103, Paradise, NV is $1,170 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,673 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89103, Paradise, 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 $1,673 $2,000 $2,500
89117, Las Vegas, NV N/A $1,198 $1,595 $2,350
89148, Clark County, NV N/A $1,825 $1,600 $2,325
89113, Spring Valley, NV N/A $1,390 $1,598 $2,425
89178, Enterprise, NV N/A N/A $1,750 $2,200
89128, Las Vegas, NV N/A $1,175 $1,548 $1,950
89011, Henderson, NV $1,700 $1,875 $2,395 $2,300
89139, Enterprise, NV N/A N/A $2,700 $2,448
89129, Clark County, NV N/A $1,410 $1,700 $2,345
89141, Enterprise, NV N/A N/A $1,995 $2,595

Frequently Asked Questions - 89103 Average Rents

What is the average rent price in 89103, Paradise, NV?
The average monthly rental price for 89103, Paradise, NV apartments for rent is approximately $1,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89103, Paradise, 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 89103, Paradise, NV.
How much is a studio apartment in 89103, Paradise, NV?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 89103.
How much is a one bedroom apartment in 89103, Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,163 and an average price per square feet of $1.91. There are a total of 24 one bedroom apartment listings currently available for rent in 89103.
How much is a two bedroom apartment in 89103, Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $1.51. There are a total of 61 two bedroom apartment listings currently available for rent in 89103.
How have rent prices in 89103, Paradise, NV changed this year?
Rent prices for rentals in 89103, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 1.31%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 89103, Paradise, NV?
A reasonable rent price in 89103, Paradise, NV is around $1,260/month. You can search for these reasonably priced rental listings on RentHop.
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