Average Rent in 89117, Las Vegas, NV

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Current Versus Historical 89117, Las Vegas, NV Rents

89117 rentals average $1,223 for a 1-bedroom rental to $3,395 for a 4-bedroom rental. The median price of all currently available listings is $2,625, 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 $93 (-7.09%) year-over-year from $1,316 to $1,223. 2-bedroom rentals prices have increased by $136 (8.99%) year-over-year from $1,514 to $1,650. 3-bedroom rentals prices have increased by $253 (12.33%) year-over-year from $2,048 to $2,300. 4-bedroom rentals prices have increased by $619 (23.09%) year-over-year from $2,681 to $3,300. 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 4.99% this month. 2-bedroom rents have gone up by 6.45% this month. 3-bedroom rents have gone up by 8.58% this month. 4-bedroom rents have gone up by 9.63% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.75 $1,223 $1,316 (-7.09%) $1,032 (18.50%)
2 BR $1.50 $1,650 $1,514 (8.99%) $1,275 (29.41%)
3 BR $1.48 $2,300 $2,048 (12.33%) $1,717 (33.98%)
4+ BR $1.31 $3,300 $2,681 (23.09%) $2,713 (21.62%)

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 9 cities nearby 89117. The average rent in 89117 is currently $2,250 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near 89117, Las Vegas, NV is Winchester, NV. Monthly rents here are on average $2,970 per month.

Let's compare 89117, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 5.93% more affordable. Two bedrooms in 89117, Las Vegas, NV are about 3.85% more affordable. Finally, rent for three bedrooms are about 10.30% more expensive. Want more information? Check out the top 9 cities near 89117, Las Vegas, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,145 $1,250 $1,550
Paradise, NV $2,000 $1,585 $1,750 $2,095
North Las Vegas, NV N/A $900 $1,325 $2,100
Spring Valley, NV N/A $1,295 $1,595 $2,195
Las Vegas, NV $1,195 $1,150 $1,695 $2,250
Enterprise, NV N/A $1,548 $1,713 $2,350
Henderson, NV $1,375 $1,495 $1,875 $2,395
Summerlin South, NV N/A N/A $2,675 $2,798
Winchester, NV N/A $1,700 $3,000 $2,970

Top Neighborhoods Near 89117

There are a total of 9 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 9 neighborhoods in or near 89117, Las Vegas, NV in the following chart.

The average rent for these 9 neighborhoods in or near 89117, Las Vegas, NV is currently around $2,400 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,400. Out of all the neighborhoods in or near 89117, Downtown Las Vegas has the most affordable average rent at $1,485 per month. Whereas, at $2,950 average rent per month, The Strip 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 $1,175 $2,200 $1,485
Silverado Ranch, Paradise, NV N/A $1,385 $1,873 $1,995
Mountain Edge, Enterprise, NV N/A N/A $2,075 $2,200
Green Valley South, Henderson, NV N/A N/A $1,700 $2,300
Rhodes Ranch, Spring Valley, NV N/A $1,418 $1,650 $2,400
Green Valley North, Henderson, NV N/A N/A $1,748 $2,450
Mira Villas, Las Vegas, NV N/A N/A $1,800 $2,500
Southern Highlands, Enterprise, NV N/A N/A N/A $2,650
The Strip, Paradise, NV $2,150 $2,100 $3,750 $2,950

Top Counties Near 89117

There are a total of 9 counties located by 89117, Las Vegas, NV. The average rent for rentals in these counties is $2,225. 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 $2,225. Vice versa, with an average rent of $2,225, 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 5.93% more affordable than other counties nearby. Finally, rent for two bedrooms in 89117, Las Vegas, NV is 0.06% 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 $1,595 $1,295 $1,650 $2,225

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 $2,250. A total of 32 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 $1,300 per month. In comparison, the zipcode with the most expensive average rent of $3,200 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 $1,048 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,699 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 $1,695 $1,998 $2,500
89148, Clark County, NV N/A N/A $2,100 $2,395
89113, Spring Valley, NV N/A $1,295 $1,600 $2,395
89128, Las Vegas, NV N/A $1,195 $1,550 $2,200
89135, Clark County, NV N/A N/A $2,675 $2,800
89178, Enterprise, NV N/A N/A $1,698 $2,200
89139, Enterprise, NV N/A N/A $2,500 $2,400
89011, Henderson, NV $1,588 $1,900 $1,900 $2,250
89129, Clark County, NV N/A $1,300 $1,773 $2,250
89044, Clark County, NV N/A N/A $2,175 $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 $2,625. 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 $1,223 and an average price per square feet of $1.75. 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 $1,649 and an average price per square feet of $1.50. There are a total of 33 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 -0.07%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.12% 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 $2,100/month. You can search for these reasonably priced rental listings on RentHop.
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