99 Luxury Apartments for rent in Sparks, NV

Last updated May 20 at 7:13pm UTC
4916 Bougainvillea Drive
Sparks Galleria
Sparks, NV
Updated May 20 at 11:17am UTC
2 Bedrooms
$1,550
6050 Cielo Circle
Wingfield Springs
Sparks, NV
Updated May 20 at 11:17am UTC
2 Bedrooms
$1,795
3255 Elaine Way
McCarran Boulevard - Probasco Way
Sparks, NV
Updated May 20 at 9:44am UTC
3 Bedrooms
$1,595
3406 Ten Mile Dr.
Wingfield Springs
Sparks, NV
Updated May 19 at 8:45am UTC
4 Bedrooms
$2,295
4608 S Desert Brush Ct.
Los Altos Parkway
Sparks, NV
Updated May 19 at 8:45am UTC
3 Bedrooms
$1,695
6433 Peppergrass Drive
Pioneer Meadows
Sparks, NV
Updated May 19 at 1:48am UTC
3 Bedrooms
$1,735
7304 Diamond Oaks Ct
Wingfield Springs
Sparks, NV
Updated May 18 at 7:11pm UTC
4 Bedrooms
$2,800
5380 Ebbetts Pass Dr.
Kiley Ranch South
Sparks, NV
Updated May 18 at 10:46am UTC
4 Bedrooms
$1,950
1226 Avian Dr
Eagle Canyon
Sparks, NV
Updated May 17 at 10:12am UTC
5 Bedrooms
$2,400
7777 Cerritos Cir.
Wingfield Springs
Sparks, NV
Updated May 16 at 1:51pm UTC
3 Bedrooms
$2,150
3050 Sterling Ridge Circle
Wildcreek
Sparks, NV
Updated May 16 at 11:53am UTC
2 Bedrooms
$1,595
2673 Sycamore Glen Drive
Reed
Sparks, NV
Updated May 12 at 4:33pm UTC
2 Bedrooms
$1,195
6999 Sacred Cir.
Wingfield Springs
Sparks, NV
Updated May 15 at 12:46pm UTC
4 Bedrooms
$2,075
3050 Sterling Ridge Circle
Wildcreek
Sparks, NV
Updated May 14 at 4:23pm UTC
2 Bedrooms
$1,595
330 Lenwood Drive
McCarran Boulevard - Probasco Way
Sparks, NV
Updated May 18 at 10:45am UTC
Studio
$1,350
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May 2018 Sparks Rent Report

Welcome to the May 2018 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

May 2018 Sparks Rent Report

Welcome to the May 2018 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 over the past month

Sparks rents have increased 0.6% over the past month, and have increased significantly by 5.4% in comparison to the same time last year. Currently, median rents in Sparks stand at $1,110 for a one-bedroom apartment and $1,440 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in February. Sparks' year-over-year rent growth leads the state average of 3.8%, as well as the national average of 1.5%.

Many large cities nationwide show more affordable rents compared to Sparks

As rents have increased significantly in Sparks, a few large cities nationwide have seen rents grow more modestly. Compared to most large cities across the country, Sparks is less affordable for renters.

  • Sparks' median two-bedroom rent of $1,440 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 5.4% increase in Sparks.
  • While Sparks' rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • 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.