Average Rent in 89117, Las Vegas, NV

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Current Versus Historical 89117, Las Vegas, NV Rents

89117 rentals average $1,198 for a 1-bedroom rental to $3,242 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $48 (-3.72%) year-over-year from $1,298 to $1,250. 1-bedroom rentals prices have decreased by $66 (-5.00%) year-over-year from $1,316 to $1,250. 2-bedroom rentals prices have increased by $81 (5.36%) year-over-year from $1,514 to $1,595. 3-bedroom rentals prices have increased by $103 (5.01%) year-over-year from $2,048 to $2,150. 4-bedroom rentals prices have increased by $314 (11.71%) year-over-year from $2,681 to $2,995. 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 0.00% this month. 1-bedroom rents have gone down by 3.54% this month. 2-bedroom rents have gone up by 4.13% this month. 3-bedroom rents have gone up by 3.95% this month. 4-bedroom rents have gone up by 2.98% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.71 $1,250 $1,316 (-5.00%) $1,032 (21.16%)
2 BR $1.48 $1,595 $1,514 (5.36%) $1,275 (25.10%)
3 BR $1.44 $2,150 $2,048 (5.01%) $1,717 (25.24%)
4+ BR $1.31 $2,995 $2,681 (11.71%) $2,713 (10.38%)

Historical Rents in 89117, Las Vegas, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89117

There are a total of 10 cities nearby 89117. The average rent in 89117 is currently $2,163 per month. A total of 6 cities nearby have an average rent lower than that. 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 89117, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,800 per month.

Let's compare 89117, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 1.15% more expensive. Two bedrooms in 89117, Las Vegas, NV are about 7.21% more affordable. Finally, rent for three bedrooms are about 1.19% more affordable. Want more information? Check out the top 10 cities near 89117, Las Vegas, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $999 $1,200 $1,595
Whitney, NV N/A $1,173 $1,395 $1,795
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 $1,578 $2,113
Las Vegas, NV $1,195 $1,195 $1,695 $2,213
Enterprise, NV N/A $1,800 $1,725 $2,350
Henderson, NV $1,538 $1,650 $1,913 $2,350
Winchester, NV N/A $1,150 $3,000 $2,500
Summerlin South, NV N/A N/A $2,575 $2,800

Top Neighborhoods Near 89117

There are a total of 11 neighborhoods in or near 89117. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 11 neighborhoods in or near 89117, Las Vegas, NV in the following chart.

The average rent for these 11 neighborhoods in or near 89117, Las Vegas, NV is currently around $2,348 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,348. Interestingly, the neighborhoods' average rent is higher than 89117's average rent, which is only $2,300. Out of all the neighborhoods in or near 89117, 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 89117. 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 $2,175
MacDonald Ranch, Henderson, NV N/A N/A $1,625 $2,225
Green Valley South, Henderson, NV N/A N/A $1,750 $2,300
Rhodes Ranch, Spring Valley, NV N/A $1,450 $1,580 $2,348
Green Valley North, Henderson, NV N/A N/A $1,795 $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 89117

There are a total of 11 counties located by 89117, Las Vegas, NV. The average rent for rentals in these counties is $2,200. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. 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 89117, Las Vegas, NV.

Typically, rent for studios in 89117, Las Vegas, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89117, Las Vegas, NV is 12.53% more affordable than other counties nearby. Finally, rent for two bedrooms in 89117, Las Vegas, NV is 3.45% 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 $1,348 $1,650 $2,200

Top Zipcodes Near 89117

There are a total of 38 zipcodes in or near 89117, Las Vegas, NV. The average rent for all of these zipcodes is $2,248. A total of 24 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 $3,298 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 89117, Las Vegas, NV is $1,150 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,713 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89117, 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 $1,650 $2,000 $2,495
89148, Clark County, NV N/A $1,825 $1,600 $2,320
89113, Spring Valley, NV N/A $1,365 $1,595 $2,450
89128, Las Vegas, NV N/A $1,175 $1,573 $1,950
89135, Clark County, NV N/A N/A $2,575 $2,800
89178, Enterprise, NV N/A N/A $1,750 $2,200
89139, Enterprise, NV N/A N/A $2,500 $2,448
89011, Henderson, NV $1,700 $1,875 $2,250 $2,295
89129, Clark County, NV N/A $1,410 $1,700 $2,300
89044, Clark County, NV N/A N/A $2,023 $2,350

Frequently Asked Questions - 89117 Average Rents

What is the average rent price in 89117, Las Vegas, NV?
The average monthly rental price for 89117, Las Vegas, NV apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89117, 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 89117, Las Vegas, NV.
How much is a studio apartment in 89117, 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 89117.
How much is a one bedroom apartment in 89117, Las Vegas, NV?
The average monthly rental price for one bedroom apartments is $1,198 and an average price per square feet of $1.71. There are a total of 2 one bedroom apartment listings currently available for rent in 89117.
How much is a two bedroom apartment in 89117, Las Vegas, NV?
The average monthly rental price for two bedroom apartments is $1,595 and an average price per square feet of $1.48. There are a total of 37 two bedroom apartment listings currently available for rent in 89117.
How have rent prices in 89117, Las Vegas, NV changed this year?
Rent prices for rentals in 89117, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in 89117, Las Vegas, NV?
A reasonable rent price in 89117, Las Vegas, NV is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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