Average Rent in Paradise, NV

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Current Versus Historical Paradise, NV Rents

Paradise rentals average $2,200 for a studio rental to $2,775 for a 4-bedroom rental. The median price of all currently available listings is $2,000, 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 $1,262 (138.14%) year-over-year from $913 to $2,175. 1-bedroom rentals prices have decreased by $691 (-35.61%) year-over-year from $1,941 to $1,250. 2-bedroom rentals prices have decreased by $38 (-2.44%) year-over-year from $1,538 to $1,500. 3-bedroom rentals prices have increased by $128 (6.81%) year-over-year from $1,872 to $1,999. 4-bedroom rentals prices have increased by $202 (8.43%) year-over-year from $2,393 to $2,595. 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 up by 5.69% this month. 1-bedroom rents have gone down by 22.33% this month. 2-bedroom rents have gone down by 3.12% this month. 3-bedroom rents have gone up by 1.12% this month. 4-bedroom rents have gone down by 2.01% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.73 $2,175 $913 (138.14%) $1,770 (22.86%)
1 BR $2.31 $1,250 $1,941 (-35.61%) $1,432 (-12.71%)
2 BR $1.48 $1,500 $1,538 (-2.44%) $1,333 (12.50%)
3 BR $1.33 $1,999 $1,872 (6.81%) $1,640 (21.89%)
4+ BR $1.23 $2,595 $2,393 (8.43%) $2,248 (15.42%)

Historical Rents in Paradise, NV

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Paradise

There are a total of 9 cities nearby Paradise. The average rent in Paradise is currently $2,225 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,573, is the most affordable city nearby. In contrast, the most expensive city near Paradise, NV is Summerlin South, NV. Monthly rents here are on average $3,150 per month.

Let's compare Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 24.61% more expensive. Two bedrooms in Paradise, NV are about 3.13% more affordable. Finally, rent for three bedrooms are about 8.50% more affordable. Want more information? Check out the top 9 cities near Paradise, NV in the following chart.
City Studio 1 Bed 2 Bed All
Sunrise Manor, NV N/A $1,050 $1,200 $1,573
Whitney, NV N/A $1,195 $1,320 $1,850
Spring Valley, NV N/A $1,295 $1,550 $2,150
North Las Vegas, NV N/A $900 $1,350 $2,173
Las Vegas, NV $1,150 $1,175 $1,650 $2,225
Enterprise, NV N/A $1,400 $1,750 $2,300
Henderson, NV $1,575 $1,525 $1,850 $2,399
Winchester, NV N/A $2,200 $3,000 $2,820
Summerlin South, NV N/A N/A $2,800 $3,150

Top Neighborhoods Near Paradise

There are a total of 11 neighborhoods in or near Paradise. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 11 neighborhoods in or near Paradise, NV in the following chart.

The average rent for these 11 neighborhoods in or near Paradise, NV is currently around $2,300 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $2,300. Interestingly, the neighborhoods' average rent is higher than Paradise's average rent, which is only $2,000. Out of all the neighborhoods in or near Paradise, Downtown Las Vegas has the most affordable average rent at $1,800 per month. Whereas, at $3,000 average rent per month, The Strip is the most expensive neighborhood in or near Paradise. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,095 $1,800 $2,298 $1,800
Silverado Ranch, Paradise, NV N/A $1,523 $1,850 $2,000
Mountain Edge, Enterprise, NV N/A N/A $2,000 $2,198
MacDonald Ranch, Henderson, NV N/A N/A $1,675 $2,200
Winchester, NV N/A $2,050 $2,623 $2,250
Rhodes Ranch, Spring Valley, NV N/A $1,300 $1,598 $2,300
Green Valley South, Henderson, NV N/A N/A $1,675 $2,300
Green Valley North, Henderson, NV N/A N/A $1,750 $2,500
Southern Highlands, Enterprise, NV N/A N/A N/A $2,595
Mira Villas, Las Vegas, NV N/A N/A $1,850 $2,650
The Strip, Paradise, NV $2,200 $2,480 $3,502 $3,000

Top Counties Near Paradise

There are a total of 11 counties located by Paradise, NV. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,250. Vice versa, with an average rent of $2,250, Clark, NV is the most expensive county by Paradise, NV.

Typically, rent for studios in Paradise, NV is 37.39% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Paradise, NV is 17.98% more expensive than other counties nearby. Finally, rent for two bedrooms in Paradise, NV is 3.13% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Clark, NV $1,378 $1,300 $1,650 $2,250

Top Zipcodes Near Paradise

There are a total of 36 zipcodes in or near Paradise, NV. The average rent for all of these zipcodes is $2,200. A total of 9 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 $1,300 per month. In comparison, the zipcode with the most expensive average rent of $3,425 per month is 89012, Henderson, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Paradise, NV is $1,025 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
89052, Henderson, NV N/A $1,773 $2,100 $2,500
89117, Las Vegas, NV N/A $1,275 $1,563 $2,975
89148, Clark County, NV N/A N/A $1,650 $2,300
89113, Spring Valley, NV N/A $1,325 $1,648 $2,350
89128, Las Vegas, NV N/A $1,195 $1,500 $2,200
89178, Enterprise, NV N/A N/A $1,725 $2,195
89139, Enterprise, NV N/A N/A $2,500 $2,390
89011, Henderson, NV $1,800 $1,550 $2,100 $2,300
89129, Clark County, NV N/A N/A $1,700 $2,100
89044, Clark County, NV N/A N/A $2,000 $2,350

Frequently Asked Questions - Paradise Average Rents

What is the average rent price in Paradise, NV?
The average monthly rental price for Paradise, NV apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Paradise, 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 Paradise, NV.
How much is a studio apartment in Paradise, NV?
The average monthly rental price for studio apartments is $2,200 and an average price per square feet of $3.73. There are a total of 9 studio apartment listings currently available for rent in Paradise.
How much is a one bedroom apartment in Paradise, NV?
The average monthly rental price for one bedroom apartments is $1,585 and an average price per square feet of $2.31. There are a total of 68 one bedroom apartment listings currently available for rent in Paradise.
How much is a two bedroom apartment in Paradise, NV?
The average monthly rental price for two bedroom apartments is $1,600 and an average price per square feet of $1.48. There are a total of 130 two bedroom apartment listings currently available for rent in Paradise.
How have rent prices in Paradise, NV changed this year?
Rent prices for rentals in Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 1.38%, one bedroom rental prices have changed by -0.36%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Paradise, NV?
A reasonable rent price in Paradise, NV is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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