Average Rent in 89108, Las Vegas, NV

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Current Versus Historical 89108, Las Vegas, NV Rents

89108 rentals average $1,100 for a 1-bedroom rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,700, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $646 (55.96%) year-over-year from $1,154 to $1,800. 1-bedroom rentals prices have decreased by $177 (-13.45%) year-over-year from $1,314 to $1,138. 2-bedroom rentals prices have decreased by $19 (-1.40%) year-over-year from $1,369 to $1,350. 3-bedroom rentals prices have increased by $239 (13.80%) year-over-year from $1,733 to $1,973. 4-bedroom rentals prices have increased by $153 (7.10%) year-over-year from $2,148 to $2,300. 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 0.00% this month. 1-bedroom rents have gone down by 6.55% this month. 2-bedroom rents have gone down by 2.82% this month. 3-bedroom rents have gone up by 8.68% this month. 4-bedroom rents have gone up by 6.98% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.62 $1,138 $1,314 (-13.45%) $1,113 (2.23%)
2 BR $1.35 $1,350 $1,369 (-1.40%) $1,167 (15.71%)
3 BR $1.30 $1,973 $1,733 (13.80%) $1,458 (35.33%)
4+ BR $1.24 $2,300 $2,148 (7.10%) $1,656 (38.90%)

Historical Rents in 89108, Las Vegas, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89108

There are a total of 9 cities nearby 89108. The average rent in 89108 is currently $2,250 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 $1,600, is the most affordable city nearby. In contrast, the most expensive city near 89108, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,800 per month.

Let's compare 89108, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 11.36% more affordable. Two bedrooms in 89108, Las Vegas, NV are about 32.08% more affordable. Finally, rent for three bedrooms are about 13.16% more affordable. Want more information? Check out the top 9 cities near 89108, Las Vegas, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,110 $1,200 $1,600
Spring Valley, NV N/A $1,225 $1,558 $2,100
North Las Vegas, NV N/A $900 $1,350 $2,100
Paradise, NV $1,925 $1,598 $1,850 $2,100
Las Vegas, NV $1,195 $1,195 $1,700 $2,250
Enterprise, NV N/A $1,500 $1,750 $2,350
Henderson, NV $1,538 $1,650 $1,898 $2,350
Winchester, NV N/A $1,950 $3,000 $2,795
Summerlin South, NV N/A N/A $2,650 $2,800

Top Neighborhoods Near 89108

There are a total of 10 neighborhoods in or near 89108. 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 89108, Las Vegas, NV in the following chart.

The average rent for these 10 neighborhoods in or near 89108, Las Vegas, NV is currently around $2,375 per month. Meaning, only ten neighborhoods have a higher average rent than $2,375. Interestingly, the neighborhoods' average rent is higher than 89108's average rent, which is only $1,700. Out of all the neighborhoods in or near 89108, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $3,100 average rent per month, Lake Las Vegas is the most expensive neighborhood in or near 89108. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,195 $1,800 $2,590 $1,800
Silverado Ranch, Paradise, NV N/A $1,373 $1,895 $2,095
Mountain Edge, Enterprise, NV N/A N/A $1,975 $2,150
Rhodes Ranch, Spring Valley, NV N/A $1,425 $1,590 $2,300
Green Valley South, Henderson, NV N/A $2,500 $1,750 $2,300
Green Valley North, Henderson, NV N/A N/A $1,700 $2,450
Mira Villas, Las Vegas, NV N/A N/A $1,923 $2,495
Southern Highlands, Enterprise, NV N/A N/A N/A $2,573
The Strip, Paradise, NV $2,150 $2,100 $3,500 $2,925
Lake Las Vegas, Henderson, NV $1,700 $1,900 $2,500 $3,100

Top Counties Near 89108

There are a total of 10 counties located by 89108, Las Vegas, 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 89108, Las Vegas, NV.

Typically, rent for studios in 89108, Las Vegas, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89108, Las Vegas, NV is 21.82% more affordable than other counties nearby. Finally, rent for two bedrooms in 89108, Las Vegas, NV is 27.92% 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 $1,340 $1,695 $2,200

Top Zipcodes Near 89108

There are a total of 39 zipcodes in or near 89108, Las Vegas, NV. The average rent for all of these zipcodes is $2,273. A total of 4 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 $3,250 per month is 89124, Clark County, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89108, Las Vegas, NV is $1,160 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89108, 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 $1,673 $2,000 $2,475
89117, Las Vegas, NV N/A $1,250 $1,595 $2,350
89148, Clark County, NV N/A $1,825 $1,800 $2,314
89113, Spring Valley, NV N/A $1,390 $1,598 $2,390
89128, Las Vegas, NV N/A $1,195 $1,575 $1,973
89135, Clark County, NV N/A N/A $2,650 $2,800
89178, Enterprise, NV N/A N/A $1,750 $2,200
89139, Enterprise, NV N/A N/A $2,700 $2,450
89011, Henderson, NV $1,700 $1,875 $2,395 $2,295
89044, Clark County, NV N/A N/A $2,050 $2,350

Frequently Asked Questions - 89108 Average Rents

What is the average rent price in 89108, Las Vegas, NV?
The average monthly rental price for 89108, Las Vegas, NV apartments for rent is approximately $1,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89108, 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 89108, Las Vegas, NV.
How much is a studio apartment in 89108, Las Vegas, 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 0 studio apartment listings currently available for rent in 89108.
How much is a one bedroom apartment in 89108, Las Vegas, NV?
The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $1.62. There are a total of 2 one bedroom apartment listings currently available for rent in 89108.
How much is a two bedroom apartment in 89108, Las Vegas, NV?
The average monthly rental price for two bedroom apartments is $1,325 and an average price per square feet of $1.35. There are a total of 32 two bedroom apartment listings currently available for rent in 89108.
How have rent prices in 89108, Las Vegas, NV changed this year?
Rent prices for rentals in 89108, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.56%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in 89108, Las Vegas, NV?
A reasonable rent price in 89108, Las Vegas, NV is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.
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