Average Rent in Spring Valley, NV

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Current Versus Historical Spring Valley, NV Rents

Spring Valley rentals average $1,213 for a 1-bedroom rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $1 per square feet.
For the apartment units and housing in March 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,208 (97.18%) year-over-year from $1,243 to $2,450. 1-bedroom rentals prices have increased by $12 (0.94%) year-over-year from $1,238 to $1,250. 2-bedroom rentals prices have increased by $75 (5.17%) year-over-year from $1,450 to $1,525. 3-bedroom rentals prices have increased by $192 (10.04%) year-over-year from $1,908 to $2,100. 4-bedroom rentals prices have increased by $149 (6.14%) year-over-year from $2,431 to $2,580. 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 34.43% this month. 1-bedroom rents have gone down by 1.06% this month. 2-bedroom rents have gone up by 1.22% this month. 3-bedroom rents have gone up by 4.87% this month. 4-bedroom rents have gone up by 2.86% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.72 $1,250 $1,238 (0.94%) $1,146 (9.09%)
2 BR $1.53 $1,525 $1,450 (5.17%) $1,276 (19.53%)
3 BR $1.37 $2,100 $1,908 (10.04%) $1,659 (26.61%)
4+ BR $1.14 $2,580 $2,431 (6.14%) $2,258 (14.29%)

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 $2,275 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Paradise, NV, with an average rent of $2,010, 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 $2,875 per month.

Let's compare Spring Valley, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 11.34% more affordable. Two bedrooms in Spring Valley, NV are about 15.81% more affordable. Finally, rent for three bedrooms are about 2.17% more expensive. 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 $2,200 $1,650 $1,650 $2,010
Las Vegas, NV $1,313 $1,225 $1,600 $2,200
Enterprise, NV N/A $1,350 $1,795 $2,275
Winchester, NV N/A $2,000 $2,995 $2,600
Summerlin South, NV N/A N/A $2,800 $2,875

Top Neighborhoods Near Spring Valley

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

The average rent for these 8 neighborhoods in or near Spring Valley, NV is currently around $2,288 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,288. Interestingly, the neighborhoods' average rent is higher than Spring Valley's average rent, which is only $2,200. Out of all the neighborhoods in or near Spring Valley, Silverado Ranch has the most affordable average rent at $1,999 per month. Whereas, at $2,975 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
Silverado Ranch, Paradise, NV N/A $1,395 $1,825 $1,999
Downtown Las Vegas, Las Vegas, NV $1,500 $2,200 $2,250 $2,145
Mountain Edge, Enterprise, NV N/A N/A $2,000 $2,200
Winchester, NV N/A $1,450 $2,623 $2,275
Rhodes Ranch, Spring Valley, NV N/A $1,350 $1,565 $2,300
Mira Villas, Las Vegas, NV N/A N/A $1,998 $2,575
Southern Highlands, Enterprise, NV N/A N/A N/A $2,800
The Strip, Paradise, NV $2,250 $2,900 $3,200 $2,975

Top Counties Near Spring Valley

There are a total of 8 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 25 zipcodes in or near Spring Valley, NV. The average rent for all of these zipcodes is $2,200. A total of 13 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 $1,363 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 $950 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,725 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 $1,375 $1,525 $2,550
89148, Clark County, NV N/A N/A $1,725 $2,275
89113, Spring Valley, NV N/A $1,350 $1,673 $2,390
89128, Las Vegas, NV N/A $1,225 $1,550 $2,240
89135, Clark County, NV N/A N/A $2,800 $2,950
89178, Enterprise, NV N/A N/A $1,825 $2,200
89139, Enterprise, NV N/A N/A $2,190 $2,250
89129, Clark County, NV N/A N/A $1,725 $2,125
89141, Enterprise, NV N/A N/A N/A $2,650
89147, Spring Valley, NV N/A $1,498 $1,750 $2,225

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 $2,200. 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 $1,213 and an average price per square feet of $1.72. There are a total of 42 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 $1,550 and an average price per square feet of $1.53. There are a total of 120 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 0.97%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.05%, 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 $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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