Average Rent in 89147, Spring Valley, NV

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Current Versus Historical 89147, Spring Valley, NV Rents

89147 rentals average $1,250 for a 1-bedroom rental to $2,609 for a 4-bedroom rental. The median price of all currently available listings is $2,054, or roughly $17 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. 1-bedroom rentals prices have decreased by $163 (-11.56%) year-over-year from $1,413 to $1,250. 2-bedroom rentals prices have decreased by $20 (-1.24%) year-over-year from $1,610 to $1,590. 3-bedroom rentals prices have increased by $218 (11.30%) year-over-year from $1,932 to $2,150. 4-bedroom rentals prices have increased by $137 (5.54%) year-over-year from $2,472 to $2,609. 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 up by 0.13% this month. 2-bedroom rents have gone up by 4.26% this month. 3-bedroom rents have gone up by 4.12% this month. 4-bedroom rents have gone up by 3.23% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $21.38 $1,250 $1,413 (-11.56%) $1,333 (-6.25%)
2 BR $17.92 $1,590 $1,610 (-1.24%) $1,567 (1.49%)
3 BR $16.01 $2,150 $1,932 (11.30%) $1,950 (10.26%)
4+ BR $13.46 $2,609 $2,472 (5.54%) $2,578 (1.20%)

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 $2,040 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Paradise, NV, with an average rent of $1,800, 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 $2,788 per month.

Let's compare 89147, Spring Valley, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 7.60% more affordable. Two bedrooms in 89147, Spring Valley, NV are about 0.09% more expensive. Finally, rent for three bedrooms are about 1.19% more affordable. Want more information? Check out the top 6 cities near 89147, Spring Valley, NV in the following table.
City Studio 1 Bed 2 Bed All
Paradise, NV $2,145 $1,240 $1,530 $1,800
Winchester, NV $1,000 $1,600 $1,792 $1,925
Spring Valley, NV N/A $1,225 $1,450 $1,985
Las Vegas, NV $1,400 $1,150 $1,558 $2,095
Enterprise, NV N/A $1,450 $1,625 $2,292
Summerlin South, NV N/A $2,050 $2,600 $2,788

Top Neighborhoods Near 89147

There are a total of 12 neighborhoods in or near 89147. Some of these neighborhoods include Bella Vita, Downtown Las Vegas, and Silverado Ranch. We've included all of these top 12 neighborhoods in or near 89147, Spring Valley, NV in the following table.

The average rent for these 12 neighborhoods in or near 89147, Spring Valley, NV is currently around $2,146 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,146. Interestingly, the neighborhoods' average rent is higher than 89147's average rent, which is only $2,054. Out of all the neighborhoods in or near 89147, Bella Vita has the most affordable average rent at $1,295 per month. Whereas, at $2,600 average rent per month, Highlands Ranch is the most expensive neighborhood in or near 89147. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bella Vita, Spring Valley, NV N/A $1,198 $1,350 $1,295
Downtown Las Vegas, Las Vegas, NV $895 $1,150 $1,425 $1,590
Silverado Ranch, Paradise, NV N/A $1,250 $1,595 $1,850
Winchester, NV $1,000 $1,580 $1,799 $1,900
Rancho Viejo, Spring Valley, NV N/A $1,215 $1,563 $1,995
The Strip, Paradise, NV $2,100 $1,850 $2,000 $2,000
Rhodes Ranch, Spring Valley, NV N/A $1,300 $1,500 $2,293
Mountain Edge, Enterprise, NV N/A N/A $1,750 $2,340
Southern Highlands, Enterprise, NV N/A N/A N/A $2,425
Mira Villas, Las Vegas, NV N/A $1,373 $1,950 $2,440
Seven Hills, Henderson, NV N/A $1,350 $2,023 $2,500
Highlands Ranch, Enterprise, NV N/A N/A N/A $2,600

Top Counties Near 89147



County Studio 1 Bed 2 Bed All

Top Zipcodes Near 89147

There are a total of 30 zipcodes in or near 89147, Spring Valley, NV. The average rent for all of these zipcodes is $2,020. A total of 16 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,260 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 89138, Las Vegas, 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 $1,212 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,593 per month. Which comes out to $18 per sqft. The following table 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
89148, Clark County, NV N/A $1,299 $1,500 $2,290
89113, Spring Valley, NV N/A $1,250 $1,500 $2,063
89117, Las Vegas, NV N/A $1,313 $1,500 $2,000
89103, Paradise, NV $2,600 $1,250 $1,450 $1,595
89135, Clark County, NV N/A $2,050 $2,600 $2,845
89118, Spring Valley, NV N/A $1,150 $1,450 $1,550
89139, Enterprise, NV N/A $1,825 $2,100 $2,248
89128, Las Vegas, NV N/A $1,240 $1,525 $1,850
89178, Enterprise, NV N/A N/A $1,663 $2,295
89141, Enterprise, NV N/A N/A N/A $2,600

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 $2,054. 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 one bedroom apartment in 89147, Spring Valley, NV?
The average monthly rental price for one bedroom apartments is $1,250 and an average price per square feet of $21.38. There are a total of 11 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 $1,593 and an average price per square feet of $17.92. There are a total of 44 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 0.00%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.11% 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 $1,643/month. You can search for these reasonably priced rental listings on RentHop.
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