Average Rent in Nevada

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Current Versus Historical Nevada Rents

Nevada rentals average $1,098 for a studio rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $68 (6.57%) year-over-year from $1,028 to $1,095. 1-bedroom rentals prices have decreased by $445 (-26.27%) year-over-year from $1,695 to $1,250. 2-bedroom rentals prices have decreased by $32 (-1.94%) year-over-year from $1,632 to $1,600. 3-bedroom rentals prices have increased by $105 (5.28%) year-over-year from $1,995 to $2,100. 4-bedroom rentals prices have increased by $193 (7.71%) year-over-year from $2,507 to $2,700. 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 0.65% this month. 1-bedroom rents have gone down by 13.29% this month. 2-bedroom rents have gone down by 1.03% this month. 3-bedroom rents have gone up by 2.89% this month. 4-bedroom rents have gone up by 3.85% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.57	$1,095	$1,028 (6.57%)	$1,477 (-25.85%)
1 BR	$1.90	$1,250	$1,695 (-26.27%)	$1,309 (-4.51%)
2 BR	$1.49	$1,600	$1,632 (-1.94%)	$1,348 (18.67%)
3 BR	$1.35	$2,100	$1,995 (5.28%)	$1,717 (22.33%)
4+ BR	$1.18	$2,700	$2,507 (7.71%)	$2,265 (19.22%)

Historical Rents in Nevada

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Nevada

There are a total of 50 cities nearby Nevada. The average rent in Nevada is currently $2,200 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Albuquerque, NM, with an average rent of $1,200, is the most affordable city nearby. In contrast, the most expensive city near Nevada is Aspen, CO. Monthly rents here are on average $35,000 per month.

Let's compare Nevada's rent against other top cities nearby by bedroom size. Typically, rent for studios in Nevada is 4.78% more affordable than other cities nearby. One bedrooms are about 10.80% more affordable. Two bedrooms in Nevada are about 12.50% more affordable. Finally, rent for three bedrooms are about 12.39% more affordable. Want more information? Check out the top 10 cities out of 50 total cities near Nevada in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,095	$1,225	$1,649
St. George, UT	$925	$1,150	$1,500	$1,823
Paradise, NV	$2,025	$1,795	$1,613	$2,049
North Las Vegas, NV	N/A	$900	$1,350	$2,100
Spring Valley, NV	N/A	$1,300	$1,500	$2,147
Las Vegas, NV	$1,173	$1,198	$1,695	$2,250
Enterprise, NV	N/A	$1,597	$1,750	$2,300
Henderson, NV	$1,588	$1,600	$1,850	$2,395
Summerlin South, NV	N/A	N/A	$2,600	$3,000
Indio, CA	N/A	$1,500	$3,900	$3,900

Top Neighborhoods Near Nevada

There are a total of 36 neighborhoods in or near Nevada. Some of these neighborhoods include Northwest District, Downtown Las Vegas, and Silverado Ranch. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near Nevada in the following chart.

The average rent for these 30 neighborhoods in or near Nevada is currently around $3,010 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $3,010. Interestingly, the neighborhoods' average rent is higher than Nevada's average rent, which is only $2,200. Out of all the neighborhoods in or near Nevada, Northwest District has the most affordable average rent at $1,299 per month. Whereas, at $19,748 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Nevada. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Northwest District, Portland, OR	$1,150	$1,412	$1,923	$1,299
Downtown Las Vegas, Las Vegas, NV	$1,123	$1,273	$2,495	$1,800
Silverado Ranch, Paradise, NV	N/A	$1,455	$1,800	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$1,950	$2,275
Green Valley South, Henderson, NV	N/A	N/A	$1,700	$2,300
Rhodes Ranch, Spring Valley, NV	N/A	$1,320	$1,599	$2,385
Historic Cultural, Los Angeles, CA	$1,977	$2,400	$2,989	$2,438
Wilshire Center - Koreatown, Los Angeles, CA	$1,854	$2,347	$2,939	$2,450
North Park, San Diego, CA	$1,885	$2,150	$2,795	$2,473
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,595
Green Valley North, Henderson, NV	N/A	N/A	$1,700	$2,598
Mira Villas, Las Vegas, NV	N/A	N/A	$1,798	$2,600
Imperial Beach, CA	$1,800	$2,095	$2,750	$2,873
The Strip, Paradise, NV	$2,200	$2,150	$3,600	$2,900
Irvine Business Complex, Irvine, CA	$2,513	$2,719	$3,842	$3,027
East Village, San Diego, CA	$2,182	$2,812	$4,135	$3,141
Downtown Los Angeles, Los Angeles, CA	$2,150	$2,870	$3,988	$3,204
Westchester-Playa Del Rey, Los Angeles, CA	$2,315	$3,029	$3,900	$3,629
Marina del Rey, Los Angeles, CA	$2,448	$2,997	$4,067	$3,865
South of Market, San Francisco, CA	$2,817	$3,550	$4,987	$3,872
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,335	$3,050	$4,475
McCormick Ranch, Scottsdale, AZ	$1,750	$2,350	$4,500	$4,500
Westwood, Los Angeles, CA	$3,195	$3,995	$5,098	$5,200
Venice, Los Angeles, CA	$2,169	$3,426	$4,707	$5,485
Greyhawk, Scottsdale, AZ	N/A	$1,823	$4,500	$5,500
Hollywood Hills West, Los Angeles, CA	$1,882	$2,474	$4,268	$6,775
Mid-City West, Los Angeles, CA	$1,675	$3,266	$6,195	$6,850
Westside, Los Angeles, CA	$2,573	$6,309	$12,100	$9,350
Pacific Palisades, Los Angeles, CA	N/A	$3,198	$6,000	$17,900
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$3,800	$6,250	$19,748

Top Counties Near Nevada

There are a total of 36 counties located by Nevada. Some of these counties include Kern, CA, Fresno, CA, and Mohave, AZ. The average rent for rentals in these counties is $1,923. That's roughly around $2 per sqft. A total of 30 counties have a lower average rent. The county that is the most affordable is Bernalillo, NM. It's average rent per month is $1,200. Vice versa, with an average rent of $35,000, Pitkin, CO is the most expensive county by Nevada.

Typically, rent for studios in Nevada is 18.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Nevada is 10.10% more affordable than other counties nearby. Finally, rent for two bedrooms in Nevada is 4.53% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Kern, CA	$925	$1,073	$1,395	$1,550
Fresno, CA	$1,225	$1,175	$1,451	$1,705
Mohave, AZ	$2,100,338	$1,143	$1,698	$1,825
Washington, UT	$723	$1,250	$1,513	$1,838
Tulare, CA	N/A	$900	$1,550	$1,895
Yavapai, AZ	$1,410	$1,500	$1,650	$1,995
Clark, NV	$1,460	$1,325	$1,650	$2,250
San Bernardino, CA	$995	$1,525	$2,000	$2,437
Los Angeles, CA	$1,995	$2,500	$3,684	$4,000
Riverside, CA	$1,650	$1,895	$3,800	$4,450

Top Zipcodes Near Nevada

There are a total of 50 zipcodes in or near Nevada. The average rent for all of these zipcodes is $2,525. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 93309, Bakersfield, CA at $1,375 per month. In comparison, the zipcode with the most expensive average rent of $40,000 per month is 81611, Pitkin County, CO.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Nevada is $1,598 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,300 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Nevada. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
81611, Pitkin County, CO	$4,200	$8,250	$17,750	$40,000
92253, La Quinta, CA	N/A	N/A	$4,350	$6,500
89052, Henderson, NV	N/A	$1,775	$2,000	$2,550
89117, Las Vegas, NV	N/A	$1,250	$1,585	$2,690
89148, Clark County, NV	N/A	N/A	$1,650	$2,300
90265, Los Angeles County, CA	$6,998	$7,500	$8,248	$25,000
89128, Las Vegas, NV	N/A	$1,173	$1,575	$2,200
89113, Spring Valley, NV	N/A	$1,300	$1,595	$2,173
92651, Orange County, CA	$2,500	$5,900	$7,750	$10,000
90069, Los Angeles, CA	$3,299	$4,500	$6,900	$8,950

Frequently Asked Questions - Nevada Average Rents

What is the average rent price in Nevada?

The average monthly rental price for Nevada apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Nevada 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 Nevada.

How much is a studio apartment in Nevada?

The average monthly rental price for studio apartments is $1,098 and an average price per square feet of $2.57. There are a total of 82 studio apartment listings currently available for rent in Nevada.

How much is a one bedroom apartment in Nevada?

The average monthly rental price for one bedroom apartments is $1,250 and an average price per square feet of $1.90. There are a total of 389 one bedroom apartment listings currently available for rent in Nevada.

How much is a two bedroom apartment in Nevada?

The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $1.49. There are a total of 1,061 two bedroom apartment listings currently available for rent in Nevada.

How have rent prices in Nevada changed this year?

Rent prices for rentals in Nevada can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by -0.26%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Nevada?

A reasonable rent price in Nevada is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.