Average Rent in Paradise, NV

Current Versus Historical Paradise, NV Rents

Paradise rentals average $2,100 for a studio rental to $2,990 for a 4-bedroom rental. The median price of all currently available listings is $2,050, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $983 (96.72%) year-over-year from $1,017 to $2,000. 1-bedroom rentals prices have increased by $250 (16.13%) year-over-year from $1,548 to $1,798. 2-bedroom rentals prices have increased by $96 (6.39%) year-over-year from $1,499 to $1,595. 3-bedroom rentals prices have increased by $209 (11.08%) year-over-year from $1,888 to $2,098. 4-bedroom rentals prices have increased by $653 (26.70%) year-over-year from $2,447 to $3,100. 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 0.40% this month. 1-bedroom rents have gone up by 1.26% this month. 2-bedroom rents have gone down by 0.10% this month. 3-bedroom rents have gone up by 4.94% this month. 4-bedroom rents have gone up by 10.06% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.54	$2,000	$1,017 (96.72%)	$1,786 (11.97%)
1 BR	$2.42	$1,798	$1,548 (16.13%)	$1,482 (21.29%)
2 BR	$1.56	$1,595	$1,499 (6.39%)	$1,358 (17.42%)
3 BR	$1.33	$2,098	$1,888 (11.08%)	$1,692 (23.99%)
4+ BR	$1.20	$3,100	$2,447 (26.70%)	$2,215 (39.95%)

Historical Rents in Paradise, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Paradise

There are a total of 8 cities nearby Paradise. The average rent in Paradise is currently $2,270 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 $1,595, is the most affordable city nearby. In contrast, the most expensive city near Paradise, NV is Winchester, NV. Monthly rents here are on average $2,973 per month.

Let's compare Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 24.14% more expensive. Two bedrooms in Paradise, NV are about 1.47% more expensive. Finally, rent for three bedrooms are about 4.89% more affordable. Want more information? Check out the top 8 cities near Paradise, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,095	$1,200	$1,595
North Las Vegas, NV	N/A	$900	$1,300	$2,150
Spring Valley, NV	N/A	$1,295	$1,595	$2,199
Las Vegas, NV	$1,195	$1,125	$1,650	$2,200
Enterprise, NV	N/A	$1,597	$1,700	$2,340
Henderson, NV	$1,375	$1,500	$1,875	$2,395
Summerlin South, NV	N/A	N/A	$2,725	$2,825
Winchester, NV	N/A	$1,975	$3,050	$2,973

Top Neighborhoods Near Paradise

There are a total of 9 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 9 neighborhoods in or near Paradise, NV in the following chart.

The average rent for these 9 neighborhoods in or near Paradise, NV is currently around $2,400 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,400. Interestingly, the neighborhoods' average rent is higher than Paradise's average rent, which is only $2,050. Out of all the neighborhoods in or near Paradise, Downtown Las Vegas has the most affordable average rent at $1,485 per month. Whereas, at $2,975 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	$1,150	$1,175	$2,300	$1,485
Silverado Ranch, Paradise, NV	N/A	$1,395	$1,895	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$2,125	$2,225
Green Valley South, Henderson, NV	N/A	N/A	$1,700	$2,300
Rhodes Ranch, Spring Valley, NV	N/A	$1,340	$1,550	$2,400
Mira Villas, Las Vegas, NV	N/A	N/A	$1,800	$2,500
Green Valley North, Henderson, NV	N/A	N/A	$1,748	$2,500
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,595
The Strip, Paradise, NV	$2,200	$2,098	$3,725	$2,975

Top Counties Near Paradise

There are a total of 9 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 28.57% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Paradise, NV is 18.81% more expensive than other counties nearby. Finally, rent for two bedrooms in Paradise, NV is 2.94% 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	$1,500	$1,295	$1,650	$2,250

Top Zipcodes Near Paradise

There are a total of 35 zipcodes in or near Paradise, NV. The average rent for all of these zipcodes is $2,255. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89101, Las Vegas, NV at $1,300 per month. In comparison, the zipcode with the most expensive average rent of $3,250 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 $1,000 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,673 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
89052, Henderson, NV	N/A	$1,698	$2,050	$2,500
89117, Las Vegas, NV	N/A	$1,223	$1,595	$2,649
89148, Clark County, NV	N/A	N/A	$1,625	$2,363
89113, Spring Valley, NV	N/A	$1,295	$1,650	$2,300
89128, Las Vegas, NV	N/A	$1,195	$1,550	$2,225
89178, Enterprise, NV	N/A	N/A	$1,698	$2,225
89139, Enterprise, NV	N/A	N/A	$2,500	$2,425
89011, Henderson, NV	$1,588	$1,950	$2,000	$2,255
89129, Clark County, NV	N/A	$1,300	$1,798	$2,200
89044, Clark County, NV	N/A	N/A	$2,050	$2,300

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 $2,050. 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 $2,100 and an average price per square feet of $3.54. 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 $1,595 and an average price per square feet of $2.42. There are a total of 75 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 $1,700 and an average price per square feet of $1.56. There are a total of 122 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 0.97%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Paradise, NV?

A reasonable rent price in Paradise, NV is around $1,640/month. You can search for these reasonably priced rental listings on RentHop.