Average Rent in Downtown Las Vegas, Las Vegas, NV

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Current Versus Historical Downtown Las Vegas, Las Vegas, NV Rents

Downtown Las Vegas rentals average $1,423 for a studio rental to $2,000 for a 4-bedroom rental. The median price of all currently available listings is $1,551, or roughly $17 per square feet.

For the apartment units and housing in August 2026, median rents have fallen over the last year. Studio rentals prices have increased by $19 (1.78%) year-over-year from $1,076 to $1,095. 1-bedroom rentals prices have decreased by $115 (-9.47%) year-over-year from $1,215 to $1,100. 2-bedroom rentals prices have increased by $57 (4.02%) year-over-year from $1,408 to $1,465. 3-bedroom rentals prices have increased by $62 (3.50%) year-over-year from $1,763 to $1,825. 4-bedroom rentals prices have decreased by $1,356 (-40.40%) year-over-year from $3,356 to $2,000. 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 14.56% this month. 1-bedroom rents have gone down by 16.85% this month. 2-bedroom rents have gone up by 17.50% this month. 3-bedroom rents have gone up by 7.04% this month. 4-bedroom rents have gone down by 7.69% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$20.76	$1,095	$1,076 (1.78%)	$949 (15.34%)
1 BR	$21.79	$1,100	$1,215 (-9.47%)	$1,416 (-22.30%)
2 BR	$14.04	$1,465	$1,408 (4.02%)	$1,798 (-18.54%)
3 BR	$13.44	$1,825	$1,763 (3.50%)	$1,574 (15.93%)
4+ BR	$15.47	$2,000	$3,356 (-40.40%)	$1,750 (14.29%)

Historical Rents in Downtown Las Vegas, Las Vegas, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Las Vegas

There are a total of 10 cities nearby Downtown Las Vegas. The average rent in Downtown Las Vegas is currently $2,025 per month. Only one city nearby has an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,425, is the most affordable city nearby. In contrast, the most expensive city near Downtown Las Vegas, Las Vegas, NV is Summerlin South, NV. Monthly rents here are on average $2,908 per month.

Let's compare Downtown Las Vegas, Las Vegas, NV's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown Las Vegas, Las Vegas, NV is 36.91% more expensive than other cities nearby. One bedrooms are about 13.52% more affordable. Two bedrooms in Downtown Las Vegas, Las Vegas, NV are about 8.16% more affordable. Finally, rent for three bedrooms are about 17.14% more affordable. Want more information? Check out the top 10 cities near Downtown Las Vegas, Las Vegas, NV in the following table.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	$895	$1,000	$1,100	$1,425
Whitney, NV	N/A	$1,095	$1,400	$1,778
Paradise, NV	$2,100	$1,250	$1,500	$1,840
Spring Valley, NV	$2,300	$1,248	$1,478	$1,990
North Las Vegas, NV	$745	$920	$1,395	$2,000
Winchester, NV	$900	$1,599	$2,200	$2,050
Las Vegas, NV	$1,400	$1,150	$1,550	$2,050
Henderson, NV	$1,395	$1,300	$1,750	$2,249
Enterprise, NV	N/A	$1,350	$1,700	$2,294
Summerlin South, NV	N/A	$1,850	$2,650	$2,908

Top Neighborhoods Near Downtown Las Vegas

There are a total of 15 neighborhoods in or near Downtown Las Vegas. Some of these neighborhoods include Bella Vita, Whitney, and Winchester. We've included all of these top 15 neighborhoods in or near Downtown Las Vegas, Las Vegas, NV in the following table.

The average rent for these 15 neighborhoods in or near Downtown Las Vegas, Las Vegas, NV is currently around $2,000 per month. A total of one neighborhood has a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $2,000. Interestingly, the neighborhoods' average rent is higher than Downtown Las Vegas's average rent, which is only $1,551. Out of all the neighborhoods in or near Downtown Las Vegas, Bella Vita has the most affordable average rent at $1,250 per month. Whereas, at $2,600 average rent per month, Highlands Ranch is the most expensive neighborhood in or near Downtown Las Vegas. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bella Vita, Spring Valley, NV	N/A	$1,150	$1,295	$1,250
Whitney, NV	N/A	$1,095	$1,348	$1,725
Winchester, NV	$900	$1,411	$2,000	$1,797
MacDonald Ranch, Henderson, NV	N/A	N/A	$1,600	$1,800
Silverado Ranch, Paradise, NV	N/A	$1,286	$1,500	$1,885
Green Valley South, Henderson, NV	N/A	$1,275	$1,525	$1,950
Rancho Viejo, Spring Valley, NV	N/A	$1,195	$1,500	$1,995
Green Valley North, Henderson, NV	N/A	$895	$1,761	$2,000
The Strip, Paradise, NV	$2,025	$2,100	$2,375	$2,148
Rhodes Ranch, Spring Valley, NV	N/A	$1,443	$1,663	$2,250
Seven Hills, Henderson, NV	N/A	$1,450	$1,600	$2,300
Mountain Edge, Enterprise, NV	N/A	N/A	$1,700	$2,300
Southern Highlands, Enterprise, NV	N/A	N/A	$1,855	$2,373
Mira Villas, Las Vegas, NV	N/A	$1,350	$1,850	$2,387
Highlands Ranch, Enterprise, NV	N/A	N/A	N/A	$2,600

Top Counties Near Downtown Las Vegas

There are a total of 1 counties located by Downtown Las Vegas, Las Vegas, NV. One county in the area is Clark, NV. The average rent for rentals in these counties is $2,075. That's roughly around $16 per sqft. The county that is the most affordable is Clark, NV. Its average rent per month is $2,075. Vice versa, with an average rent of $2,075, Clark, NV is the most expensive county by Downtown Las Vegas, Las Vegas, NV.

Typically, rent for studios in Downtown Las Vegas, Las Vegas, NV is 8.79% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Downtown Las Vegas, Las Vegas, NV is 12.73% more affordable than other counties nearby. Finally, rent for two bedrooms in Downtown Las Vegas, Las Vegas, NV is 6.52% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Clark, NV	$1,548	$1,240	$1,502	$2,075

Top Zipcodes Near Downtown Las Vegas

There are a total of 44 zipcodes in or near Downtown Las Vegas, Las Vegas, NV. The average rent for all of these zipcodes is $2,010. A total of 9 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89101, Las Vegas, NV at $1,275 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 89135, Clark County, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Las Vegas, Las Vegas, NV is $1,171 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,595 per month. Which comes out to $17 per sqft. The following table includes the top 10 zipcodes in Downtown Las Vegas, Las Vegas, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89101, Las Vegas, NV	$1,750	$1,100	$1,200	$1,275
89104, Las Vegas, NV	$1,398	$850	$1,250	$1,397
89102, Las Vegas, NV	$1,173	$898	$1,895	$1,753
89169, Paradise, NV	$1,448	$1,463	$1,563	$1,550
89109, Paradise, NV	$2,100	$2,140	$3,490	$2,500
89032, North Las Vegas, NV	N/A	$1,000	$1,340	$2,063
89121, Paradise, NV	N/A	$1,350	$1,075	$1,420
89110, Sunrise Manor, NV	N/A	$1,150	$1,225	$1,450
89119, Paradise, NV	$695	$1,000	$1,300	$1,299
89108, Las Vegas, NV	N/A	$1,145	$1,290	$1,475

Frequently Asked Questions - Downtown Las Vegas Average Rents

What is the average rent price in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for Downtown Las Vegas, Las Vegas, NV apartments for rent is approximately $1,551. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Las Vegas, 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 Downtown Las Vegas, Las Vegas, NV.

How much is a studio apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for studio apartments is $1,423 and an average price per square feet of $20.76. There are a total of 12 studio apartment listings currently available for rent in Downtown Las Vegas.

How much is a one bedroom apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $21.79. There are a total of 43 one bedroom apartment listings currently available for rent in Downtown Las Vegas.

How much is a two bedroom apartment in Downtown Las Vegas, Las Vegas, NV?

The average monthly rental price for two bedroom apartments is $1,410 and an average price per square feet of $14.04. There are a total of 30 two bedroom apartment listings currently available for rent in Downtown Las Vegas.

How have rent prices in Downtown Las Vegas, Las Vegas, NV changed this year?

Rent prices for rentals in Downtown Las Vegas, Las Vegas, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in Downtown Las Vegas, Las Vegas, NV?

A reasonable rent price in Downtown Las Vegas, Las Vegas, NV is around $1,241/month. You can search for these reasonably priced rental listings on RentHop.