Las Vegas renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

Las Vegas, NV map of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in Las Vegas is about $1,467 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $1,459. Households in Las Vegas have a median income of $5,526 per month so the average renter in Las Vegas is spending roughly 27% of their earnings on housing.

Nationally, and in Las Vegas, home values are the data point most closely correlated with the cost of rent. The median price of a home in Las Vegas is $333,368 right now, which is higher than cities nearby, meaning that rents in Las Vegas also tend to be higher versus these nearby cities.

Higher rent prices are common in the southwestern parts of Las Vegas while lower rent rates are often available in central areas.

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