How many apartments are available in 89121 on Rentable.co?

Rentable.co has 33 apartments available for rent in 89121.

What is the average rent for an apartment in 89121?

The average rent for an apartment in 89121 is around $1,420 per month.

What is the average rent for a two-bedroom apartment in 89121?

The average rent for a two-bedroom apartment in 89121 is around $1,447 per month.

What is the average rent for a one-bedroom apartment in 89121?

The average rent for a one-bedroom apartment in 89121 is around $1,363 per month.

What is the average rent for a studio apartment in 89121?

The average rent for a studio apartment in 89121 is around $875 per month.

Apartments in 89121

Las Vegas:
May Rent Report

Welcome to the May 2024 Las Vegas Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Las Vegas rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Las Vegas and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Las Vegas average rent prices in the chart below.

Monthly Rent Report

$1,550

$1,160

$780

$390

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Las Vegas Rent Prices Increase From April to May

Las Vegas rent prices increased over the last month. From April to May, the city experienced a 0.58% increase for the price of a one-bedroom apartment. The rent price for a Las Vegas one-bedroom apartments currently stands at $1,223.0.

When we take a look at the two-bedroom comparison from April to May, Las Vegas experienced a 0.81% increase for the price of a two-bedroom apartment. The rent price for a Las Vegas two-bedroom apartments currently stands at $1,491.0.

May Prices: Las Vegas vs. Surrounding Areas

Henderson, NV

North Las Vegas, NV

Las Vegas, NV

$1,557

$1,384

$1,216

$550

$1,100

$1,650

$2,200

Median 1 BR Rent

Rent Prices in Las Vegas and Surrounding Areas

Rent prices have increased in Las Vegas over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Las Vegas suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in North Las Vegas, NV .
Rent decreased in Henderson, NV.
2 suburbs are currently priced higher than the city of Las Vegas.

May 2024 Pricing Trends: Las Vegas vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Las Vegas, NV

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,216

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Las Vegas Rent Prices More Affordable Than Major Cities

Rent growth in Las Vegas over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Las Vegas average rent prices appear to be relatively affordable for local residents.

The price for a Las Vegas one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Las Vegas and surrounding area rent prices, take a look at the complete data set below.

Data set for Las Vegas and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Las Vegas, NV	$1,216.0	-0.57%	$1,479.0	0.00%
Henderson, NV	$1,557.0	-0.26%	$1,712.0	0.59%
North Las Vegas, NV	$1,384.0	2.14%	$1,633.0	0.99%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.