Average Rent in 89138, Las Vegas, NV

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Current Versus Historical 89138, Las Vegas, NV Rents

89138 rentals average $2,398 for a 2-bedroom rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $523 (-15.40%) year-over-year from $3,398 to $2,875. 1-bedroom rentals prices have decreased by $24 (-1.41%) year-over-year from $1,674 to $1,650. 2-bedroom rentals prices have increased by $251 (10.91%) year-over-year from $2,299 to $2,550. 3-bedroom rentals prices have increased by $492 (20.46%) year-over-year from $2,403 to $2,895. 4-bedroom rentals prices have decreased by $849 (-22.06%) year-over-year from $3,849 to $3,000. 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 0.12% this month. 2-bedroom rents have gone down by 0.62% this month. 3-bedroom rents have gone up by 9.25% this month. 4-bedroom rents have gone down by 5.01% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.52 $2,550 $2,299 (10.91%) $1,975 (29.11%)
3 BR $1.55 $2,895 $2,403 (20.46%) $2,483 (16.58%)
4+ BR $1.42 $3,000 $3,849 (-22.06%) $2,731 (9.86%)

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 $2,250 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 $1,600, is the most affordable city nearby. In contrast, the most expensive city near 89138, Las Vegas, NV is Winchester, NV. Monthly rents here are on average $3,000 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 27.01% more expensive. Finally, rent for three bedrooms are about 24.25% 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 $1,095 $1,200 $1,600
Paradise, NV $2,000 $1,795 $1,750 $2,100
North Las Vegas, NV N/A $900 $1,300 $2,110
Spring Valley, NV N/A $1,300 $1,500 $2,195
Las Vegas, NV $1,173 $1,195 $1,695 $2,250
Enterprise, NV N/A $1,599 $1,750 $2,300
Henderson, NV $1,588 $1,600 $1,875 $2,400
Summerlin South, NV N/A N/A $2,600 $2,999
Winchester, NV N/A $2,100 $3,100 $3,000

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 $2,473 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 $1,123 $1,273 $2,495 $1,800
Silverado Ranch, Paradise, NV N/A $1,398 $1,850 $2,050
Mountain Edge, Enterprise, NV N/A N/A $2,175 $2,275
Green Valley South, Henderson, NV N/A N/A $1,700 $2,300
Rhodes Ranch, Spring Valley, NV N/A $1,320 $1,625 $2,473
Mira Villas, Las Vegas, NV N/A N/A $1,798 $2,595
Southern Highlands, Enterprise, NV N/A N/A N/A $2,595
Green Valley North, Henderson, NV N/A N/A $1,700 $2,600
The Strip, Paradise, NV $2,150 $2,200 $3,750 $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 $2,250. 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 $2,250. Vice versa, with an average rent of $2,250, 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 31.18% 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 $1,460 $1,350 $1,650 $2,250

Top Zipcodes Near 89138

There are a total of 39 zipcodes in or near 89138, Las Vegas, NV. The average rent for all of these zipcodes is $2,238. 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 $1,325 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 89138, Las Vegas, NV is $904 per month. Or in other words, $0 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,725 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 $1,775 $2,150 $2,500
89117, Las Vegas, NV N/A $1,300 $1,595 $2,750
89148, Clark County, NV N/A N/A $1,650 $2,385
89128, Las Vegas, NV N/A $1,173 $1,585 $2,200
89113, Spring Valley, NV N/A $1,300 $1,600 $2,199
89135, Clark County, NV N/A N/A $2,600 $3,000
89178, Enterprise, NV N/A N/A $1,750 $2,238
89139, Enterprise, NV N/A N/A $2,500 $2,375
89011, Henderson, NV $1,800 $1,950 $2,100 $2,295
89129, Clark County, NV N/A $1,300 $1,995 $2,200

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 $3,000. 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 $2,398 and an average price per square feet of $1.52. There are a total of 4 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 -0.15%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.20% 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 $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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