Average Rent in 89147, Spring Valley, NV

Current Versus Historical 89147, Spring Valley, NV Rents

89147 rentals average $1,450 for a 1-bedroom rental to $2,648 for a 4-bedroom rental. The median price of all currently available listings is $2,150, or roughly $1 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 $546 (-19.18%) year-over-year from $2,846 to $2,300. 1-bedroom rentals prices have increased by $26 (1.96%) year-over-year from $1,346 to $1,372. 2-bedroom rentals prices have increased by $43 (2.70%) year-over-year from $1,607 to $1,650. 3-bedroom rentals prices have increased by $180 (9.40%) year-over-year from $1,915 to $2,095. 4-bedroom rentals prices have decreased by $109 (-4.07%) year-over-year from $2,682 to $2,573. 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 0.56% this month. 1-bedroom rents have gone down by 5.86% this month. 2-bedroom rents have gone down by 0.90% this month. 3-bedroom rents have gone up by 2.07% this month. 4-bedroom rents have gone up by 2.93% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.84	$1,372	$1,346 (1.96%)	$1,419 (-3.29%)
2 BR	$1.55	$1,650	$1,607 (2.70%)	$1,751 (-5.79%)
3 BR	$1.37	$2,095	$1,915 (9.40%)	$1,694 (23.66%)
4+ BR	$1.23	$2,573	$2,682 (-4.07%)	$2,398 (7.27%)

Historical Rents in 89147, Spring Valley, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 89147

There are a total of 6 cities nearby 89147. The average rent in 89147 is currently $2,275 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Paradise, NV, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 89147, Spring Valley, NV is Summerlin South, NV. Monthly rents here are on average $3,080 per month.

Let's compare 89147, Spring Valley, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 1.90% more expensive. Two bedrooms in 89147, Spring Valley, NV are about 0.65% more affordable. Finally, rent for three bedrooms are about 5.96% more affordable. Want more information? Check out the top 6 cities near 89147, Spring Valley, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Paradise, NV	$2,025	$1,695	$1,600	$2,000
Spring Valley, NV	N/A	$1,300	$1,500	$2,145
Las Vegas, NV	$1,150	$1,175	$1,695	$2,250
Enterprise, NV	N/A	$1,545	$1,725	$2,300
Winchester, NV	N/A	$2,200	$3,125	$2,995
Summerlin South, NV	N/A	N/A	$2,600	$3,080

Top Neighborhoods Near 89147

There are a total of 8 neighborhoods in or near 89147. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 8 neighborhoods in or near 89147, Spring Valley, NV in the following chart.

The average rent for these 8 neighborhoods in or near 89147, Spring Valley, NV is currently around $2,313 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,313. Interestingly, the neighborhoods' average rent is higher than 89147's average rent, which is only $2,150. Out of all the neighborhoods in or near 89147, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $2,900 average rent per month, The Strip is the most expensive neighborhood in or near 89147. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$1,095	$1,575	$2,400	$1,800
Silverado Ranch, Paradise, NV	N/A	$1,510	$1,799	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$1,950	$2,250
Winchester, NV	N/A	$2,100	$2,750	$2,250
Rhodes Ranch, Spring Valley, NV	N/A	$1,390	$1,650	$2,375
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,525
Mira Villas, Las Vegas, NV	N/A	N/A	$1,873	$2,650
The Strip, Paradise, NV	$2,200	$1,948	$3,500	$2,900

Top Counties Near 89147

There are a total of 8 counties located by 89147, Spring Valley, NV.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 89147

There are a total of 25 zipcodes in or near 89147, Spring Valley, NV. The average rent for all of these zipcodes is $2,150. A total of 13 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 $1,308 per month. In comparison, the zipcode with the most expensive average rent of $3,250 per month is 89109, Paradise, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 89147, Spring Valley, NV is $975 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,725 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 89147, Spring Valley, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89117, Las Vegas, NV	N/A	N/A	$1,585	$2,750
89148, Clark County, NV	N/A	N/A	$1,650	$2,300
89113, Spring Valley, NV	N/A	$1,350	$1,600	$2,198
89128, Las Vegas, NV	N/A	$1,195	$1,548	$2,150
89135, Clark County, NV	N/A	N/A	$2,600	$3,150
89178, Enterprise, NV	N/A	N/A	$1,725	$2,250
89139, Enterprise, NV	N/A	N/A	$2,500	$2,450
89129, Clark County, NV	N/A	$1,325	$1,800	$2,100
89141, Enterprise, NV	N/A	N/A	$1,995	$2,550
89123, Paradise, NV	N/A	$1,495	$1,695	$2,100

Frequently Asked Questions - 89147 Average Rents

What is the average rent price in 89147, Spring Valley, NV?

The average monthly rental price for 89147, Spring Valley, NV apartments for rent is approximately $2,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 89147, Spring Valley, 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 89147, Spring Valley, NV.

How much is a studio apartment in 89147, Spring Valley, 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 89147.

How much is a one bedroom apartment in 89147, Spring Valley, NV?

The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $1.84. There are a total of 9 one bedroom apartment listings currently available for rent in 89147.

How much is a two bedroom apartment in 89147, Spring Valley, NV?

The average monthly rental price for two bedroom apartments is $1,699 and an average price per square feet of $1.55. There are a total of 19 two bedroom apartment listings currently available for rent in 89147.

How have rent prices in 89147, Spring Valley, NV changed this year?

Rent prices for rentals in 89147, Spring Valley, NV can fluctuate yearly. Specifically, studio rental prices have changed by -0.19%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 89147, Spring Valley, NV?

A reasonable rent price in 89147, Spring Valley, NV is around $1,720/month. You can search for these reasonably priced rental listings on RentHop.