Average Rent in Paradise, NV

Home  »  NV  »  Paradise

Current Versus Historical Paradise, NV Rents

Paradise rentals average $1,575 for a studio rental to $2,699 for a 4-bedroom rental. The median price of all currently available listings is $1,948, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $367 (-18.88%) year-over-year from $1,942 to $1,575. 1-bedroom rentals prices have decreased by $375 (-19.25%) year-over-year from $1,947 to $1,573. 2-bedroom rentals prices have increased by $117 (7.14%) year-over-year from $1,633 to $1,750. 3-bedroom rentals prices have increased by $45 (2.43%) year-over-year from $1,850 to $1,895. 4-bedroom rentals prices have increased by $108 (4.40%) year-over-year from $2,443 to $2,550. 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 12.90% this month. 1-bedroom rents have gone down by 7.92% this month. 2-bedroom rents have gone down by 15.60% this month. 3-bedroom rents have gone up by 0.23% this month. 4-bedroom rents have gone down by 0.33% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.39 $1,575 $1,942 (-18.88%) $1,875 (-16.00%)
1 BR $2.30 $1,573 $1,947 (-19.25%) $1,878 (-16.27%)
2 BR $1.56 $1,750 $1,633 (7.14%) $2,132 (-17.93%)
3 BR $1.30 $1,895 $1,850 (2.43%) $1,899 (-0.22%)
4+ BR $1.12 $2,550 $2,443 (4.40%) $2,345 (8.74%)

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 $2,063 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 $1,550, 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 $2,650 per month.

Let's compare Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 17.90% more expensive. Two bedrooms in Paradise, NV are about 4.78% more expensive. Finally, rent for three bedrooms are about 6.28% 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 $950 $1,150 $1,550
Whitney, NV N/A N/A $1,485 $1,800
North Las Vegas, NV N/A $875 $1,550 $1,950
Las Vegas, NV $895 $1,195 $1,595 $2,000
Spring Valley, NV N/A $1,273 $1,450 $2,063
Enterprise, NV N/A $1,385 $1,750 $2,200
Henderson, NV $1,550 $1,450 $1,750 $2,200
Winchester, NV N/A $2,300 $2,000 $2,450
Summerlin South, NV N/A $1,850 $2,500 $2,650

Top Neighborhoods Near Paradise

There are a total of 8 neighborhoods in or near Paradise. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Green Valley North. We've included all of these top 8 neighborhoods in or near Paradise, NV in the following chart.

The average rent for these 8 neighborhoods in or near Paradise, NV is currently around $2,173 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,173. Interestingly, the neighborhoods' average rent is higher than Paradise's average rent, which is only $1,948. Out of all the neighborhoods in or near Paradise, Downtown Las Vegas has the most affordable average rent at $1,138 per month. Whereas, at $2,500 average rent per month, Southern Highlands 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 $895 $1,250 $1,213 $1,138
Silverado Ranch, Paradise, NV N/A $1,375 $1,795 $1,995
Green Valley North, Henderson, NV N/A N/A $1,600 $1,997
Mountain Edge, Enterprise, NV N/A N/A $1,695 $2,150
Rhodes Ranch, Spring Valley, NV N/A $1,500 $1,600 $2,195
The Strip, Paradise, NV $2,125 $2,750 $2,200 $2,250
Mira Villas, Las Vegas, NV N/A $1,400 $1,895 $2,300
Southern Highlands, Enterprise, NV N/A N/A N/A $2,500

Top Counties Near Paradise

There are a total of 8 counties located by Paradise, NV. The average rent for rentals in these counties is $2,050. That's roughly around $1 per sqft. The county that is the most affordable is Clark, NV. It's average rent per month is $2,050. Vice versa, with an average rent of $2,050, Clark, NV is the most expensive county by Paradise, NV.

Typically, rent for studios in Paradise, NV is 36.67% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Paradise, NV is 16.13% more expensive than other counties nearby. Finally, rent for two bedrooms in Paradise, NV is 4.78% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Clark, NV $998 $1,300 $1,595 $2,050

Top Zipcodes Near Paradise

There are a total of 16 zipcodes in or near Paradise, NV. The average rent for all of these zipcodes is $1,986. A total of 7 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 $1,313 per month. In comparison, the zipcode with the most expensive average rent of $2,595 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 $1,110 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,588 per month. Which comes out to $1 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
89148, Clark County, NV N/A N/A $1,725 $2,200
89117, Las Vegas, NV N/A $1,275 $1,550 $2,200
89052, Henderson, NV N/A $1,748 $1,800 $2,500
89103, Paradise, NV N/A $1,195 $1,488 $1,600
89123, Paradise, NV N/A $1,385 $1,725 $1,973
89147, Spring Valley, NV N/A $1,373 $1,547 $2,195
89129, Clark County, NV N/A N/A $1,650 $2,000
89183, Paradise, NV N/A $1,350 $1,795 $1,920
89074, Henderson, NV N/A $1,398 $1,625 $2,100
89128, Las Vegas, NV N/A $1,195 $1,550 $1,800

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 $1,948. 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 $1,575 and an average price per square feet of $3.39. There are a total of 11 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 $1,550 and an average price per square feet of $2.30. There are a total of 77 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 $1,675 and an average price per square feet of $1.56. There are a total of 176 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 -0.19%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in Paradise, NV?
A reasonable rent price in Paradise, NV is around $1,558/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast