Average Rent in Spring Valley, NV

Current Versus Historical Spring Valley, NV Rents

Spring Valley rentals average $1,295 for a 1-bedroom rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,023, or roughly $1 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $167 (12.99%) year-over-year from $1,283 to $1,450. 1-bedroom rentals prices have increased by $50 (4.02%) year-over-year from $1,245 to $1,295. 2-bedroom rentals prices have increased by $113 (7.65%) year-over-year from $1,482 to $1,595. 3-bedroom rentals prices have increased by $191 (9.58%) year-over-year from $1,994 to $2,185. 4-bedroom rentals prices have increased by $88 (3.49%) year-over-year from $2,532 to $2,620. 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 16.35% this month. 1-bedroom rents have gone up by 2.91% this month. 2-bedroom rents have gone up by 1.11% this month. 3-bedroom rents have gone up by 5.13% this month. 4-bedroom rents have gone down by 0.66% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.76	$1,295	$1,245 (4.02%)	$1,050 (23.33%)
2 BR	$1.51	$1,595	$1,482 (7.65%)	$1,317 (21.14%)
3 BR	$1.30	$2,185	$1,994 (9.58%)	$1,783 (22.58%)
4+ BR	$1.14	$2,620	$2,532 (3.49%)	$2,265 (15.67%)

Historical Rents in Spring Valley, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Spring Valley

There are a total of 5 cities nearby Spring Valley. The average rent in Spring Valley is currently $2,300 per month. Only one city nearby has an average rent lower than that. Our records show that Paradise, NV, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Spring Valley, NV is Summerlin South, NV. Monthly rents here are on average $2,723 per month.

Let's compare Spring Valley, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 15.83% more affordable. Two bedrooms in Spring Valley, NV are about 11.65% more affordable. Finally, rent for three bedrooms are about 0.23% more affordable. Want more information? Check out the top 5 cities near Spring Valley, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Paradise, NV	$2,199	$1,798	$1,700	$2,000
Las Vegas, NV	$1,195	$1,250	$1,650	$2,195
Enterprise, NV	N/A	$1,500	$1,725	$2,300
Winchester, NV	N/A	$2,000	$3,175	$2,395
Summerlin South, NV	N/A	N/A	$2,300	$2,723

Top Neighborhoods Near Spring Valley

There are a total of 7 neighborhoods in or near Spring Valley. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Mountain Edge. We've included all of these top 7 neighborhoods in or near Spring Valley, NV in the following chart.

The average rent for these 7 neighborhoods in or near Spring Valley, NV is currently around $2,250 per month. A total of one neighborhood has a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,250. Interestingly, the neighborhoods' average rent is higher than Spring Valley's average rent, which is only $2,023. Out of all the neighborhoods in or near Spring Valley, Downtown Las Vegas has the most affordable average rent at $1,600 per month. Whereas, at $2,790 average rent per month, The Strip is the most expensive neighborhood in or near Spring Valley. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$1,095	$1,800	$1,400	$1,600
Silverado Ranch, Paradise, NV	N/A	$2,213	$1,950	$2,100
Mountain Edge, Enterprise, NV	N/A	N/A	N/A	$2,198
Rhodes Ranch, Spring Valley, NV	N/A	$1,798	$1,600	$2,250
Mira Villas, Las Vegas, NV	N/A	N/A	$1,985	$2,397
Southern Highlands, Enterprise, NV	N/A	N/A	$2,200	$2,713
The Strip, Paradise, NV	$2,199	$2,498	$3,200	$2,790

Top Counties Near Spring Valley

There are a total of 7 counties located by Spring Valley, NV.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Spring Valley

There are a total of 21 zipcodes in or near Spring Valley, NV. The average rent for all of these zipcodes is $2,200. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89103, Paradise, NV at $1,485 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 89109, Paradise, NV.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Spring Valley, NV is $1,295 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,750 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Spring Valley, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89117, Las Vegas, NV	N/A	$1,525	$1,598	$2,495
89148, Clark County, NV	N/A	$1,798	$1,875	$2,295
89113, Spring Valley, NV	N/A	$1,350	$1,595	$2,200
89128, Las Vegas, NV	N/A	$1,298	$1,578	$2,100
89135, Clark County, NV	N/A	N/A	$2,300	$2,800
89178, Enterprise, NV	N/A	N/A	$1,750	$2,200
89139, Enterprise, NV	N/A	$1,950	$2,998	$2,295
89129, Clark County, NV	N/A	N/A	$1,650	$2,195
89141, Enterprise, NV	N/A	N/A	$2,200	$2,500
89147, Spring Valley, NV	N/A	$1,198	$1,700	$2,163

Frequently Asked Questions - Spring Valley Average Rents

What is the average rent price in Spring Valley, NV?

The average monthly rental price for Spring Valley, NV apartments for rent is approximately $2,023. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Spring Valley, 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 Spring Valley, NV.

How much is a studio apartment in Spring Valley, NV?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Spring Valley.

How much is a one bedroom apartment in Spring Valley, NV?

The average monthly rental price for one bedroom apartments is $1,295 and an average price per square feet of $1.76. There are a total of 36 one bedroom apartment listings currently available for rent in Spring Valley.

How much is a two bedroom apartment in Spring Valley, NV?

The average monthly rental price for two bedroom apartments is $1,545 and an average price per square feet of $1.51. There are a total of 154 two bedroom apartment listings currently available for rent in Spring Valley.

How have rent prices in Spring Valley, NV changed this year?

Rent prices for rentals in Spring Valley, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in Spring Valley, NV?

A reasonable rent price in Spring Valley, NV is around $1,618/month. You can search for these reasonably priced rental listings on RentHop.