Average Rent in Nevada

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Current Versus Historical Nevada Rents

Nevada rentals average $1,098 for a studio rental to $2,700 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.

For the apartment units and housing in October 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $93 (-8.51%) year-over-year from $1,088 to $995. 1-bedroom rentals prices have decreased by $255 (-15.63%) year-over-year from $1,630 to $1,375. 2-bedroom rentals prices have decreased by $5 (-0.30%) year-over-year from $1,600 to $1,595. 3-bedroom rentals prices have increased by $70 (3.54%) year-over-year from $1,980 to $2,050. 4-bedroom rentals prices have increased by $195 (7.81%) year-over-year from $2,500 to $2,695. 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 25.75% this month. 1-bedroom rents have gone down by 20.06% this month. 2-bedroom rents have gone down by 6.91% this month. 3-bedroom rents have gone up by 0.82% this month. 4-bedroom rents have gone up by 3.79% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.35	$995	$1,088 (-8.51%)	$1,332 (-25.28%)
1 BR	$1.72	$1,375	$1,630 (-15.63%)	$1,689 (-18.61%)
2 BR	$1.43	$1,595	$1,600 (-0.30%)	$1,615 (-1.24%)
3 BR	$1.30	$2,050	$1,980 (3.54%)	$1,890 (8.47%)
4+ BR	$1.15	$2,695	$2,500 (7.81%)	$2,472 (9.04%)

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 $4,434 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,495, is the most affordable city nearby. In contrast, the most expensive city near Nevada is Malibu, CA. Monthly rents here are on average $24,000 per month.

Let's compare Nevada's rent against other top cities nearby by bedroom size. One bedrooms are about 110.98% more affordable. Two bedrooms in Nevada are about 138.31% more affordable. Finally, rent for three bedrooms are about 131.71% 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	$995	$1,195	$1,495
Paradise, NV	$1,900	$1,488	$1,623	$1,900
Spring Valley, NV	N/A	$1,195	$1,450	$1,950
North Las Vegas, NV	N/A	$975	$1,583	$2,000
Las Vegas, NV	$945	$1,173	$1,600	$2,100
Enterprise, NV	N/A	$1,500	$1,750	$2,200
Henderson, NV	$1,550	$1,525	$1,750	$2,275
Winchester, NV	N/A	$2,200	$2,148	$2,450
Summerlin South, NV	N/A	N/A	$2,600	$2,800
Cathedral City, CA	$1,400	$3,400	$4,200	$4,000

Top Neighborhoods Near Nevada

There are a total of 52 neighborhoods in or near Nevada. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Rhodes Ranch. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Nevada in the following chart.

The average rent for these 30 neighborhoods in or near Nevada is currently around $4,511 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only twenty-six neighborhoods have a higher average rent than $4,511. Interestingly, the neighborhoods' average rent is higher than Nevada's average rent, which is only $2,100. Out of all the neighborhoods in or near Nevada, Downtown Las Vegas has the most affordable average rent at $1,150 per month. Whereas, at $20,000 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
Downtown Las Vegas, Las Vegas, NV	$895	$1,095	$1,350	$1,150
Silverado Ranch, Paradise, NV	N/A	$1,400	$1,700	$2,000
Rhodes Ranch, Spring Valley, NV	N/A	$1,388	$1,597	$2,148
The Strip, Paradise, NV	$1,925	$2,050	$2,250	$2,200
Mira Villas, Las Vegas, NV	N/A	N/A	$1,898	$2,400
Historic Cultural, Los Angeles, CA	$2,130	$2,521	$3,367	$2,741
Wilshire Center - Koreatown, Los Angeles, CA	$1,990	$2,629	$3,461	$2,767
Downtown Los Angeles, Los Angeles, CA	$2,130	$2,894	$4,849	$3,300
Mid-Town North Hollywood, Los Angeles, CA	$2,083	$2,697	$3,398	$3,690
East Village, San Diego, CA	$2,402	$3,600	$4,625	$3,713
Mar Vista, Los Angeles, CA	$2,945	$2,450	$4,670	$3,800
Greater Wilshire, Los Angeles, CA	$1,575	$2,400	$3,673	$3,995
West Los Angeles, Los Angeles, CA	$1,998	$2,943	$3,822	$4,400
Westchester-Playa Del Rey, Los Angeles, CA	$2,300	$2,974	$3,934	$4,444
Marina del Rey, Los Angeles, CA	$2,400	$3,051	$4,823	$4,521
South Robertson, Los Angeles, CA	N/A	$2,395	$3,999	$4,685
Mid-City West, Los Angeles, CA	$2,703	$3,120	$4,292	$4,799
Woodland Hills-Warner Center, Los Angeles, CA	$1,950	$2,363	$3,406	$5,000
Orange County Great Park, Irvine, CA	N/A	N/A	$4,700	$5,850
PGA West, La Quinta, CA	N/A	N/A	$4,500	$5,972
Sherman Oaks, Los Angeles, CA	$1,913	$2,500	$3,495	$5,973
Westwood, Los Angeles, CA	$2,450	$4,150	$5,498	$5,995
Westside, Los Angeles, CA	$2,600	$3,200	$5,223	$6,498
Hollywood Hills West, Los Angeles, CA	$2,160	$2,795	$4,350	$6,995
Brentwood, Los Angeles, CA	$2,373	$3,295	$4,695	$7,990
Encino, Los Angeles, CA	N/A	$2,250	$3,195	$7,998
Venice, Los Angeles, CA	$3,375	$4,498	$6,750	$8,500
Studio City, Los Angeles, CA	N/A	$3,150	$3,850	$11,100
Pacific Palisades, Los Angeles, CA	N/A	$3,900	$6,875	$14,450
Bel Air-Beverly Crest, Los Angeles, CA	$2,499	$4,113	$9,700	$20,000

Top Counties Near Nevada

There are a total of 52 counties located by Nevada. Some of these counties include Iron, UT, Clark, NV, and San Bernardino, CA. The average rent for rentals in these counties is $3,792. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Iron, UT. It's average rent per month is $1,355. Vice versa, with an average rent of $5,250, Orange, CA is the most expensive county by Nevada.

Typically, rent for studios in Nevada is 90.75% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Nevada is 95.28% more affordable than other counties nearby. Finally, rent for two bedrooms in Nevada is 105.53% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Iron, UT	N/A	$595	$1,023	$1,355
Clark, NV	$1,100	$1,250	$1,575	$2,100
San Bernardino, CA	$1,000	$1,750	$2,200	$2,850
Alameda, CA	$2,077	$2,347	$2,900	$2,945
Santa Clara, CA	$2,145	$2,694	$3,468	$3,785
Ventura, CA	$2,738	$2,535	$2,996	$4,100
Riverside, CA	$1,425	$2,000	$3,800	$4,279
Los Angeles, CA	$2,110	$2,663	$3,800	$4,495
San Diego, CA	$2,450	$3,300	$4,500	$5,000
Orange, CA	$2,500	$2,850	$3,750	$5,250

Top Zipcodes Near Nevada

There are a total of 27 zipcodes in or near Nevada. The average rent for all of these zipcodes is $2,100. A total of 12 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 $11,995 per month is 91604, Los Angeles, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Nevada is $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 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
89148, Clark County, NV	N/A	N/A	$1,650	$2,155
92101, San Diego, CA	$2,444	$3,600	$5,125	$4,000
89117, Las Vegas, NV	N/A	$1,250	$1,500	$2,250
90049, Los Angeles, CA	$2,290	$2,995	$4,923	$7,750
89052, Henderson, NV	N/A	$1,595	$1,800	$2,550
89103, Paradise, NV	N/A	$1,150	$1,450	$1,450
89123, Paradise, NV	N/A	$1,500	$1,763	$2,000
89147, Spring Valley, NV	N/A	$1,300	$1,545	$2,000
89129, Clark County, NV	N/A	N/A	$1,650	$2,100
89183, Paradise, NV	N/A	$1,375	$1,593	$1,983

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 $2,100. 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 $2.35. There are a total of 40 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 $1.72. There are a total of 291 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 $1,573 and an average price per square feet of $1.43. There are a total of 1,052 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 -0.09%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in Nevada?

A reasonable rent price in Nevada is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.