Average Rent in The Strip, Paradise, NV

Current Versus Historical The Strip, Paradise, NV Rents

The Strip rentals average $2,200 for a studio rental to $5,500 for a 3-bedroom rental. The median price of all currently available listings is $2,950, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have increased by $250 (12.99%) year-over-year from $1,925 to $2,175. 1-bedroom rentals prices have decreased by $133 (-5.96%) year-over-year from $2,228 to $2,095. 2-bedroom rentals prices have increased by $59 (1.78%) year-over-year from $3,291 to $3,350. 3-bedroom rentals prices have decreased by $1,189 (-17.78%) year-over-year from $6,689 to $5,500. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $12,000 to $12,000. 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 3.99% this month. 1-bedroom rents have gone down by 3.81% this month. 2-bedroom rents have gone up by 14.34% this month. 3-bedroom rents have gone down by 1.58% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.73	$2,175	$1,925 (12.99%)	$1,593 (36.58%)
1 BR	$2.74	$2,095	$2,228 (-5.96%)	$1,751 (19.65%)
2 BR	$2.16	$3,350	$3,291 (1.78%)	$2,343 (42.96%)
3 BR	$2.67	$5,500	$6,689 (-17.78%)	$5,475 (0.45%)

Historical Rents in The Strip, Paradise, NV

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near The Strip

There are a total of 9 cities nearby The Strip. The average rent in The Strip is currently $2,250 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near The Strip, Paradise, NV is Summerlin South, NV. Monthly rents here are on average $3,040 per month.

Let's compare The Strip, Paradise, NV's rent against other top cities nearby by bedroom size. One bedrooms are about 38.10% more expensive. Two bedrooms in The Strip, Paradise, NV are about 50.87% more expensive. Finally, rent for three bedrooms are about 60.09% more expensive. Want more information? Check out the top 9 cities near The Strip, Paradise, NV in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,095	$1,200	$1,600
Paradise, NV	$2,025	$1,695	$1,625	$2,037
Spring Valley, NV	N/A	$1,300	$1,500	$2,100
North Las Vegas, NV	N/A	$900	$1,350	$2,100
Las Vegas, NV	$1,195	$1,195	$1,695	$2,250
Enterprise, NV	N/A	$1,595	$1,745	$2,300
Henderson, NV	$1,643	$1,600	$1,850	$2,395
Winchester, NV	N/A	$2,150	$3,200	$2,997
Summerlin South, NV	N/A	N/A	$2,600	$3,040

Top Neighborhoods Near The Strip

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

The average rent for these 8 neighborhoods in or near The Strip, Paradise, NV is currently around $2,348 per month. A total of 8 neighborhoods have a lower average rent. Out of all the neighborhoods in or near The Strip, Downtown Las Vegas has the most affordable average rent at $1,850 per month. Whereas, at $2,650 average rent per month, Mira Villas is the most expensive neighborhood in or near The Strip. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Las Vegas, Las Vegas, NV	$1,123	$1,350	$2,495	$1,850
Silverado Ranch, Paradise, NV	N/A	$1,455	$1,797	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$1,950	$2,250
Green Valley South, Henderson, NV	N/A	N/A	$1,700	$2,300
Rhodes Ranch, Spring Valley, NV	N/A	$1,300	$1,650	$2,395
Green Valley North, Henderson, NV	N/A	N/A	$1,750	$2,400
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,595
Mira Villas, Las Vegas, NV	N/A	N/A	$1,798	$2,650

Top Counties Near The Strip

There are a total of 8 counties located by The Strip, Paradise, NV. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. 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 The Strip, Paradise, NV.

Typically, rent for studios in The Strip, Paradise, NV is 31.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in The Strip, Paradise, NV is 36.90% more expensive than other counties nearby. Finally, rent for two bedrooms in The Strip, Paradise, NV is 52.17% 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	$1,325	$1,650	$2,250

Top Zipcodes Near The Strip

There are a total of 38 zipcodes in or near The Strip, Paradise, NV. The average rent for all of these zipcodes is $2,186. A total of 36 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 $1,308 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 The Strip, Paradise, NV is $1,050 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,713 per month. Which comes out to $1 per sqft. The following chart includes the top 10 zipcodes in The Strip, Paradise, NV. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
89109, Paradise, NV	$2,200	$2,925	$3,502	$3,200
89169, Paradise, NV	N/A	$1,695	$2,125	$1,850
89119, Paradise, NV	$1,613	$1,000	$1,308	$1,308
89103, Paradise, NV	N/A	$1,198	$1,395	$1,500
89102, Las Vegas, NV	$1,200	$1,200	$1,800	$1,950
89118, Spring Valley, NV	N/A	$1,250	$1,538	$1,750
89121, Paradise, NV	N/A	$1,575	$1,295	$1,948
89104, Las Vegas, NV	$1,195	$1,100	$1,295	$1,495
89101, Las Vegas, NV	$1,173	$1,325	$2,273	$1,740
89123, Paradise, NV	N/A	$1,545	$1,695	$2,150

Frequently Asked Questions - The Strip Average Rents

What is the average rent price in The Strip, Paradise, NV?

The average monthly rental price for The Strip, Paradise, NV apartments for rent is approximately $2,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do The Strip, 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 The Strip, Paradise, NV.

How much is a studio apartment in The Strip, 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 7 studio apartment listings currently available for rent in The Strip.

How much is a one bedroom apartment in The Strip, Paradise, NV?

The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $2.74. There are a total of 35 one bedroom apartment listings currently available for rent in The Strip.

How much is a two bedroom apartment in The Strip, Paradise, NV?

The average monthly rental price for two bedroom apartments is $3,450 and an average price per square feet of $2.16. There are a total of 40 two bedroom apartment listings currently available for rent in The Strip.

How have rent prices in The Strip, Paradise, NV changed this year?

Rent prices for rentals in The Strip, Paradise, NV can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.18% year-over-year.

What is a reasonable rent price in The Strip, Paradise, NV?

A reasonable rent price in The Strip, Paradise, NV is around $2,360/month. You can search for these reasonably priced rental listings on RentHop.