Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Las Vegas city, Nevada?
City · Census ACS 5-Year estimates
The median gross rent in Las Vegas city, Nevada is $1,563/month (±$19), based on Census ACS 5-Year estimates (2024). The median home value is $427,900 (±$3,352), and the median household income is $73,877/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Las Vegas city, Nevada
| Metric | Value |
|---|---|
| Median Gross Rent | $1,563 |
| Median Home Value | $427,900 |
| Median Household Income | $73,877 |
| Total Housing Units | 247,741 |
| Renter-Occupied Units | 107,416 |
| Renter-Occupied Share | 43% |
| Households Paying 50%+ Income | 30,373 households |
How does Las Vegas city, Nevada compare?
Median gross rent ranked against all cities in Nevada.
Higher rent than 70% of cities in Nevada · 21th of 66
| # | City | Value |
|---|---|---|
| 1 | Indian Springs CDP | $2,589 |
| 2 | Summerlin South CDP | $2,509 |
| 3 | Topaz Lake CDP | $2,217 |
| … 17 more … | ||
| 21 | Las Vegas city(you are here) | $1,563 |
| … 42 more … | ||
| 64 | Cal-Nev-Ari CDP | $587 |
| 65 | Nixon CDP | $586 |
| 66 | Owyhee CDP | $524 |
More data for Las Vegas city, Nevada
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Frequently asked questions
What is the average rent in Las Vegas city, Nevada?
The median gross rent in Las Vegas city, Nevada is $1,563/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Las Vegas city, Nevada?
The median rent for a 2-bedroom in Las Vegas city, Nevada is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Las Vegas city, Nevada?
The median home value in Las Vegas city, Nevada is $427,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Las Vegas city are rent-burdened?
In Las Vegas city, Nevada, 30,373 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Las Vegas city, Nevada?
The median household income in Las Vegas city, Nevada is $73,877/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,563 has a margin of error of ±$19. In very small areas, MOEs can be large relative to the estimate.
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