Average Rent in 89103, Paradise, NV

Current Versus Historical 89103, Paradise, NV Rents

89103 rentals average $0 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $1,485, 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 $1,767 (278.95%) year-over-year from $633 to $2,400. 1-bedroom rentals prices have increased by $204 (17.90%) year-over-year from $1,141 to $1,345. 2-bedroom rentals prices have decreased by $69 (-4.72%) year-over-year from $1,464 to $1,395. 3-bedroom rentals prices have increased by $135 (7.65%) year-over-year from $1,765 to $1,900. 4-bedroom rentals prices have increased by $183 (7.75%) year-over-year from $2,367 to $2,550. 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 up by 18.03% this month. 1-bedroom rents have gone down by 3.24% this month. 2-bedroom rents have gone down by 2.33% this month. 3-bedroom rents have gone up by 2.15% this month. 4-bedroom rents have gone down by 3.74% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.71	$1,345	$1,141 (17.90%)	$1,447 (-7.05%)
2 BR	$1.46	$1,395	$1,464 (-4.72%)	$1,329 (4.95%)
3 BR	$1.30	$1,900	$1,765 (7.65%)	$1,912 (-0.64%)
4+ BR	$1.56	$2,550	$2,367 (7.75%)	$1,892 (34.80%)

Historical Rents in 89103, Paradise, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 89103

There are a total of 10 cities nearby 89103. The average rent in 89103 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 89103, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $2,723 per month.

Let's compare 89103, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 1.80% more affordable. Two bedrooms in 89103, Paradise, NV are about 20.07% more affordable. Finally, rent for three bedrooms are about 8.42% more affordable. Want more information? Check out the top 10 cities near 89103, Paradise, 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 89103

There are a total of 8 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 8 neighborhoods in or near 89103, Paradise, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89103, Paradise, 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 89103's average rent, which is only $1,485. Out of all the neighborhoods in or near 89103, 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 89103. 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 89103

There are a total of 8 counties located by 89103, Paradise, 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 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 4.00% more affordable than other counties nearby. Finally, rent for two bedrooms in 89103, Paradise, NV is 14.70% 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 89103

There are a total of 31 zipcodes in or near 89103, Paradise, NV. The average rent for all of these zipcodes is $2,200.

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	$1,423	$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
89178, Enterprise, NV	N/A	N/A	$1,750	$2,200
89128, Las Vegas, NV	N/A	$1,298	$1,578	$2,100
89011, Henderson, NV	$2,075	$1,575	$2,150	$2,300
89139, Enterprise, NV	N/A	$1,950	$2,998	$2,295
89129, Clark County, NV	N/A	N/A	$1,650	$2,195
89141, Enterprise, NV	N/A	N/A	$2,200	$2,500

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 $1,485. 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 $1,250 and an average price per square feet of $1.71. There are a total of 17 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 $1,395 and an average price per square feet of $1.46. There are a total of 71 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 2.79%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 89103, Paradise, NV?

A reasonable rent price in 89103, Paradise, NV is around $1,188/month. You can search for these reasonably priced rental listings on RentHop.