53 Luxury Apartments for rent in Sparks, NV

Last updated November 24 at 2:50am UTC
7820 Cadiz Ct.
Cimarron
Sparks, NV
Updated November 23 at 12:27pm UTC
3 Bedrooms
$1,625
5714 Pumpkin Ridge Drive
Kiley Ranch South
Sparks, NV
Updated October 19 at 2:07pm UTC
3 Bedrooms
$1,750
700 C Street
Downtown Sparks
Sparks, NV
Updated November 1 at 10:30am UTC
3 Bedrooms
$1,450
956 Silver Coyote Dr.
Kiley Ranch
Sparks, NV
Updated November 23 at 7:50pm UTC
3 Bedrooms
$1,750
1222 Bodega Dr.
Kiley Ranch South
Sparks, NV
Updated November 21 at 5:34pm UTC
3 Bedrooms
$1,495
1280 Sbragia Way
North Rock
Sparks, NV
Updated November 23 at 5:54pm UTC
3 Bedrooms
$1,350
1643 York Way
North Rock
Sparks, NV
Updated November 23 at 12:18pm UTC
2 Bedrooms
$1,325
2170 Woodhaven
O'Callaghan
Sparks, NV
Updated November 21 at 5:34pm UTC
2 Bedrooms
$1,395
3462 Asturius Court
Cimarron
Sparks, NV
Updated November 4 at 1:11pm UTC
4 Bedrooms
$3,400
5158 Komatite Ct
Los Altos Parkway
Sparks, NV
Updated November 22 at 1:30am UTC
4 Bedrooms
$1,895
3084 Sterling Ridge Circle
Wildcreek
Sparks, NV
Updated November 11 at 10:36am UTC
2 Bedrooms
$1,495
3988 Dominus Drive
The Foothills at Wingfield Springs
Sparks, NV
Updated November 22 at 12:03pm UTC
3 Bedrooms
$1,595
4161 Black Hills Drive
The Foothills at Wingfield Springs
Sparks, NV
Updated November 23 at 7:50pm UTC
4 Bedrooms
$2,095
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November 2017 Sparks Rent Report

Welcome to the November 2017 Sparks Rent Report. Sparks rents increased over the past month. In this report, we'll evaluate trends in the Sparks rental market, including comparisons to similar cities nationwide.

View full Sparks Rent Report
Rent Report
Sparks

November 2017 Sparks Rent Report

Welcome to the November 2017 Sparks Rent Report. Sparks rents increased over the past month. In this report, we'll evaluate trends in the Sparks rental market, including comparisons to similar cities nationwide.

Sparks rents increased significantly over the past month

Sparks rents have increased 0.6% over the past month, and are up significantly by 5.7% in comparison to the same time last year. Currently, median rents in Sparks stand at $1,070 for a one-bedroom apartment and $1,390 for a two-bedroom. Sparks' year-over-year rent growth leads the state average of 5.0%, as well as the national average of 2.7%.

Many large cities nationwide show more affordable rents compared to Sparks

As rents have increased significantly in Sparks, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Sparks is less affordable for renters.

  • Sparks' median two-bedroom rent of $1,390 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 5.7% rise in Sparks.
  • While Sparks' rents rose significantly over the past year, some cities nationwide saw decreases, including New York (-0.2%) and Miami (-0.2%).
  • Renters will generally find more expensive prices in Sparks than most large cities. For example, Detroit has a median 2BR rent of $890, where Sparks is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.