Average Rent in 89138, Las Vegas, NV

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Current Versus Historical 89138, Las Vegas, NV Rents

89138 rentals average $2,600 for a 2-bedroom rental to $3,595 for a 4-bedroom rental. The median price of all currently available listings is $2,995, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $549 (-16.04%) year-over-year from $3,424 to $2,875. 1-bedroom rentals prices have decreased by $22 (-1.29%) year-over-year from $1,672 to $1,650. 2-bedroom rentals prices have increased by $234 (10.33%) year-over-year from $2,266 to $2,500. 3-bedroom rentals prices have increased by $363 (14.61%) year-over-year from $2,487 to $2,850. 4-bedroom rentals prices have decreased by $167 (-4.44%) year-over-year from $3,762 to $3,595. 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 0.04% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 8.16% this month. 4-bedroom rents have gone up by 7.37% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.55 $2,500 $2,266 (10.33%) $2,175 (14.94%)
3 BR $1.51 $2,850 $2,487 (14.61%) $2,517 (13.25%)
4+ BR $1.47 $3,595 $3,762 (-4.44%) $2,766 (29.98%)

Historical Rents in 89138, Las Vegas, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 89138

There are a total of 9 cities nearby 89138. The average rent in 89138 is currently $2,200 per month. A total of 9 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 89138, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,888 per month.

Let's compare 89138, Las Vegas, NV's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 89138, Las Vegas, NV are about 33.65% more expensive. Finally, rent for three bedrooms are about 23.41% more expensive. Want more information? Check out the top 9 cities near 89138, Las Vegas, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $999 $1,200 $1,595
Paradise, NV $1,925 $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 $2,150
Las Vegas, NV $1,195 $1,185 $1,650 $2,200
Enterprise, NV N/A $1,850 $1,725 $2,325
Henderson, NV $1,538 $1,650 $1,873 $2,350
Winchester, NV N/A $1,125 $3,000 $2,773
Summerlin South, NV N/A N/A $2,600 $2,888

Top Neighborhoods Near 89138

There are a total of 9 neighborhoods in or near 89138. 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 89138, Las Vegas, NV in the following chart.

The average rent for these 9 neighborhoods in or near 89138, Las Vegas, NV is currently around $2,395 per month. A total of 9 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 89138, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $2,950 average rent per month, The Strip is the most expensive neighborhood in or near 89138. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,095 $1,800 $2,248 $1,800
Silverado Ranch, Paradise, NV N/A $1,395 $1,900 $2,000
Mountain Edge, Enterprise, NV N/A N/A $2,200 $2,185
Green Valley South, Henderson, NV N/A N/A $1,725 $2,345
Rhodes Ranch, Spring Valley, NV N/A $1,450 $1,580 $2,395
Green Valley North, Henderson, NV N/A N/A $1,785 $2,395
Mira Villas, Las Vegas, NV N/A N/A $1,895 $2,450
Southern Highlands, Enterprise, NV N/A N/A N/A $2,495
The Strip, Paradise, NV $1,950 $2,400 $3,450 $2,950

Top Counties Near 89138

There are a total of 9 counties located by 89138, 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 89138, Las Vegas, NV.

Typically, rent for studios in 89138, Las Vegas, NV is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 89138, Las Vegas, NV is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 89138, Las Vegas, NV is 36.54% more expensive 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 $1,650 $2,200

Top Zipcodes Near 89138

There are a total of 38 zipcodes in or near 89138, Las Vegas, NV. The average rent for all of these zipcodes is $2,279. A total of 36 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 $3,399 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 89138, 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 $1,698 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in 89138, 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 $2,500
89117, Las Vegas, NV N/A $1,198 $1,595 $2,300
89148, Clark County, NV N/A $1,825 $1,600 $2,395
89128, Las Vegas, NV N/A $1,175 $1,500 $1,900
89113, Spring Valley, NV N/A $1,365 $1,598 $2,450
89135, Clark County, NV N/A N/A $2,600 $2,919
89178, Enterprise, NV N/A N/A $1,973 $2,200
89139, Enterprise, NV N/A N/A $2,500 $2,400
89011, Henderson, NV $1,700 $1,875 $2,100 $2,285
89129, Clark County, NV N/A $1,410 $1,650 $2,295

Frequently Asked Questions - 89138 Average Rents

What is the average rent price in 89138, Las Vegas, NV?
The average monthly rental price for 89138, Las Vegas, NV apartments for rent is approximately $2,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 89138, 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 89138, Las Vegas, NV.
How much is a studio apartment in 89138, 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 89138.
How much is a one bedroom apartment in 89138, Las Vegas, NV?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 89138.
How much is a two bedroom apartment in 89138, Las Vegas, NV?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $1.55. There are a total of 6 two bedroom apartment listings currently available for rent in 89138.
How have rent prices in 89138, Las Vegas, NV changed this year?
Rent prices for rentals in 89138, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in 89138, Las Vegas, NV?
A reasonable rent price in 89138, Las Vegas, NV is around $2,396/month. You can search for these reasonably priced rental listings on RentHop.
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