Is Las Vegas, NV, Affordable for Renters? [2025]

Yes, Las Vegas is relatively affordable for renters in 2025. With an average rent price of $1,814, compared to the national average of $2,102, renters in Las Vegas save about 13.7% a month on housing.

That said, other costs take away from the city’s overall affordability. Transportation expenses are 28.5% above the national average, reflecting the city’s car dependency. Utilities and groceries run slightly higher than average, while healthcare costs are actually 7.0% lower on average than in most other states.

Thinking of making a move? We break down the latest rent trends, neighborhood insights, and how Las Vegas compares nationally, plus tips to help you stay on budget and find a place that fits your lifestyle.

Affordability in Las Vegas: Key Insights

When you factor everything into the mix, Las Vegas comes out to an overall cost of living score of 110.6, according to Sperling’s Best Places, just above the national baseline of 100.

*100 = National average; data sourced from Sperling’s BestPlaces.

For many renters, this means you’ll get more out of your monthly budget in Las Vegas when compared to pricier West Coast hubs. Still, you’ll want to budget carefully if you’re thinking of living in Sin City.

What Are the Current Trends in Las Vegas’ Rental Market?

Las Vegas renters are catching a breather in 2025, as the market shows signs of cooling after years of steady growth. As of September 2025, rents have risen by just 1.6% year over year, yet they remain 13.7% below the national average, providing renters with more space and amenities that they would typically find in larger hubs like Los Angeles and San Diego.

The surge in multifamily construction in 2023 and 2024 has added supply, and some landlords are still offering rental incentives, such as rent-free months and reduced deposits, to fill their units. At the same time, the Las Vegas Review-Journal reports more renters are signing two-year or longer leases, a sign of tenants seeking stability and landlords' preference for steady income. A recent report also points to a bump in listings, giving renters slightly more choice in 2025.

So far in 2025, rent growth has been modest, closer to 2%, slower than in previous years. Analysts caution that factors such as a tourism slowdown and companies calling remote workers back to the office could impact demand.

Still, highly desirable areas like Downtown, Summerlin (Mira Villa, The Section Seven, Peccole Ranch), and Henderson (Seven Hills, River Mountain) remain competitive, attracting renters who want affordability paired with space and lifestyle perks.

Average Rent Prices in Las Vegas, NV

Rent in Las Vegas can vary widely depending on location, square footage, the mix of amenities, and the age of the building. To help you understand how Las Vegas compares to the rest of the country, here’s a snapshot of current average rent prices across different unit sizes in the city.

What Is the Average Rent of a One-Bedroom Apartment in Las Vegas?

There’s plenty of variety for renters in Las Vegas. As of September 2025, the average rent for a one-bedroom apartment in Las Vegas is $1,576. But prices vary widely based on location, building age, amenities mix and proximity to food, local attractions and green spaces.

Upscale areas like Mira Villas and Providence command higher rental rates, with one-bedroom units averaging $2,039 and $1,817, respectively. These neighborhoods typically feature newer developments with premium amenities like designer furnishings, hardwood floors, in-unit laundry, pet-friendly features, fitness centers, and secure parking. Downtown Las Vegas sits a little below that, with average one-bedroom rents at $1,468, attracting renters looking for walkability (walk score 75) and easy access to the city’s vibrant nightlife scene.

What Is the Average Rent of a Two-bedroom Apartment in Las Vegas?

As of September 2025, the average rent for a two-bedroom apartment in Las Vegas is $1,828, which is about 16.7% lower than the national average of $2,194.

Areas like The Section Seven and West Sahara see two-bedroom rents going for around $2,070 and $1,674. This is especially appealing budgetwise, but also for renters looking to live in a more central location without stretching their budget—and still for young families who prioritize access to swimming pools, private patios, and balconies.

Thanks to its diverse housing mix, Las Vegas remains accessible to a wide range of renters, from students and remote workers to out-of-state professionals and families.

How Much Rent Can I Afford in Las Vegas, NV?

With Las Vegas rents sitting below the national average, renters enjoy a more affordable way to live the big city lifestyle. The city’s diverse job market—spanning hospitality, entertainment, logistics, and a growing tech sector—adds to this desert oasis’s appeal, making it a popular option for anyone looking to balance career opportunities with a relatively affordable cost of living.

Here’s how Las Vegas compares in 2025:

*Cost of Living Index (U.S. average = 100) data sourced from Sperling’s BestPlaces.

Las Vegas edges out Austin on overall living costs, though the two remain fairly comparable. Compared to larger metros like Chicago or Fort Lauderdale, however, Las Vegas is far more affordable, while still offering the perks of a big city, from major employers and diverse neighborhoods to a vibrant food, drink, and entertainment scene.

Before you browse the rentals on Apartment List, keep your budget in check with a few popular rent-to-income rules.

The 30% Rule

How much should you set aside for rent? The 30% rule is a longtime budgeting guideline that suggests keeping your rent below 30% of your gross monthly income. If you earn $6,000 a month before taxes, that means spending no more than $1,800 on rent. In a city like Las Vegas, where rental prices can fluctuate, this rule can serve as a helpful starting point.

The 50/30/20 Rule

However you choose to draw up your monthly income, the 50/30/20 method is an easy way to break down your after-tax income into three buckets:

• 50% for needs (rent, groceries, bills).
• 30% for wants (lifestyle, fun, shopping).
• 20% for savings or debt payments.

If your take-home pay is $6,000 a month, you should aim to keep all essential expenses, including rent, under $3,000 a month.

The 3x Rent Rule

When applying for a rental property, it’s not uncommon for landlords to ask for a good credit score and for your gross monthly income to be three times the rent. If you’re eyeing a $1,500 apartment in Las Vegas, you’d need to make at least $4,500 per month to qualify under this rule. \ \ Note: If your Form W-2 income falls short, include proof of other income and a snapshot of your latest bank statement to help property managers quickly and accurately gauge your financial stability.

How Does the Overall Cost of Living in Las Vegas Compare to the National Average?

Living in Las Vegas costs about 10.6% more than the U.S. average, primarily driven by competitive housing costs and higher transportation expenses.

Housing is 14.5% above the national norm, with a median home price averaging $384,000 compared to the U.S. average of $338,100. Transportation is a big contributor to monthly expenses, coming in 28.5% higher than the national average, while groceries and utilities are just slightly above typical costs.

On the positive side, healthcare in Las Vegas is approximately 7% lower than the national average, helping to offset some of the higher bills. Plus, there’s no state income tax, so you get to bring home more of your monthly pay.

Are Utilities and Other Expenses Affordable in Las Vegas?

Overall, the average utility costs in Las Vegas, at $249.73, are slightly above the national average of $225.58, due in part to residents’ higher-than-average electricity usage. According to internal Apartment List data, the typical monthly electricity bill averages around $171.59, which is about 16% higher than the U.S. average.

According to Numbeo, here’s how the utilities break down in Las Vegas:

Fuel and Transportation

• Gasoline: $3.79 per gallon (ranging from $3.50 to $4.25).
• One-way public transit ticket: $2.59 (ranging from $2 to $5).
• Monthly public transit pass: $64 (ranging from $35 to $80).

According to MIT data, a single adult without children will pay $10,349 per year on car-based transportation, and a family of four with two working adults and two children will pay around $17,359 per year.

Utilities

• Basic utilities (electricity, heating, cooling, water, garbage) for a 915-square-foot apartment: $246.66 (ranging from $171 to $350).
• Mobile phone plan (10GB+ data with calls): $70.21 (ranging from $44 to $100)
• Internet (60 Mbps+ unlimited): $75.63 (ranging from $50 to $125).

Ways Las Vegas Renters Can Reduce Their Utility Bills

• Be aware of time-of-use (TOU) electricity plans offered by NV Energy and optimize usage during off-peak hours to avoid usage surcharges.
• To manage costs, plan for a rooftop solar system and use the 30% federal tax credit that lasts till 2032.
• By 2027, southern Nevada will also benefit from large-scale solar power infrastructure as part of the Greenlink West transmission project.

How Does the Cost of Renting Vary By Neighborhood in Las Vegas?

Where you choose to live in Las Vegas will have a major impact on how much you’ll pay in rent. Below is a snapshot of starting prices across popular Las Vegas neighborhoods to help you find the right balance between your preferred budget and lifestyle.

Rent in Las Vegas’ Cheapest Neighborhoods

Trying to keep rent costs under control? These Las Vegas neighborhoods' one-bedroom units come in below the city’s average one-bedroom rent of $1,576, offering renters real value with access to quieter communities and daily conveniences without sacrificing location.

|Neighborhood | Avg. Neighborhood One-Bedroom Rent | % Below City Average | Best For |

|The Section Seven | $1,273 | 19.2% | Budget-focused renters | |West Sahara | $1,340 | 15.0% | Central location with diverse housing options | |River Mountain | $1,490 | 5.5% | Nature lovers and proximity to Lake Mead | |Peccole Ranch | $1,504 | 4.6% | Master-planned community with trails and parks|

The Section Seven

• Average rent for a one-bedroom apartment: $1,273
• Average rent for a two-bedroom apartment: $1,444
• Number of available units: 15
• Best for: Budget-focused renters
• Map of The Section Seven

The Section Seven is one of the most affordable places to rent in Las Vegas, with one-bedroom units nearly 20% below the city average. The neighborhood offers a mix of single-family residences and older apartments, giving renters more space for their money. Its suburban feel and abundance of family- and dog-friendly parks make it attractive to those who want quieter streets while still being within easy reach of retail options and major roadways.

West Sahara

• Average rent for a one-bedroom apartment: $1,340
• Average rent for a two-bedroom apartment: $1,674
• Number of available units: 15
• Best for: Renters seeking a central location with diverse housing options
• Map of West Sahara

West Sahara sits just west of the Las Vegas Strip, offering residents easy access to jobs, shopping, and entertainment, typically at lower rent levels than flashier neighborhoods nearby. The area features a diverse mix of housing, from modest complexes to gated communities, on residential, tree-lined streets. Sahara Avenue and nearby freeways make for smooth commutes across the valley, while the community’s suburban feel and family-friendly atmosphere create a warm, lived-in vibe.

River Mountain (Henderson)

• Average rent for a one-bedroom apartment: $1,490
• Average rent for a two-bedroom apartment: $1,705
• Best for: Nature lovers and renters wanting proximity to Lake Mead
• Number of available units: 18
• Map of River Mountain

Located in Henderson on the southeast edge of the valley, River Mountain offers a quieter lifestyle with easy access to the outdoors. Rents typically sit below the Las Vegas city average, and the neighborhood is popular among renters who value peace and proximity to Lake Mead National Recreation Area. With trails, parks, and scenic views nearby, River Mountain is ideal for those who want a suburban pace of life without straying too far from city conveniences.

Peccole Ranch

• Average rent for a one-bedroom apartment: $1,504
• Average rent for a two-bedroom apartment: $1,655
• Best for: Renters who want a master-planned community with trails and parks
• Number of available units: 23
• Map of Peccole Ranch

Located just 10 miles west of Downtown Las Vegas, Peccole Ranch is a well-established, master-planned community west of the Strip, known for its tree-lined streets, walking paths, and neighborhood parks. With one-bedroom rents just below the city average, it’s a great option for renters who want affordability paired with access to golf and disc golf courses. The area’s family-friendly vibe, access to schools, and close proximity to Boca Park and Downtown Summerlin make it especially appealing to young professionals and families who want a short commute without paying Summerlin premiums.

Rent in Las Vegas’ Most Expensive Neighborhoods

While Las Vegas has its share of budget-friendly areas, some neighborhoods command higher monthly rents, reflecting the presence of luxury amenities, newer housing, or more desirable locations. Below are some of the priciest neighborhoods in and around the city, compared against the average Las Vegas apartment rent of $1,814.

Providence

• Average rent for a one-bedroom apartment: $1,817
• Average rent for a two-bedroom apartment: $1,967
• Number of available units: 35
• Best for: Families in newer, master-planned developments
• Map of Providence

Located in northwest Las Vegas within minutes of Interstate 95 and Interstate 215, Providence is one of the city’s largest master-planned communities. With over 4,000 trees lining the streets, here the housing mix of custom-built homes, upscale apartments and townhouses enjoys family-friendly amenities and plenty of green space. While rents here sit slightly below the city average, its newer apartments and homes, good schools, and access to the 215 Beltway make it a sought-after choice for families and young couples.

Silverado Ranch

• Average rent for an apartment (overall): $1,976
• Number of available units: 78
• Best for: Suburban convenience and community amenities
• Map of Silverado Ranch

Located in southeast Las Vegas, Silverado Ranch is a large residential community known for its affordability relative to the nearby Henderson area, with easy access to both Harry Reid International Airport and the Las Vegas Strip. The area features a mix of apartments, resort-style condos, and Spanish-style single-family homes. With shopping centers like Silverado Square, restaurants, and schools nearby, it’s especially popular among families and commuters who value convenience, access to Interstate 215 and a true suburban lifestyle.

Mira Villas

• Average rent for a one-bedroom apartment: $1,833
• Average rent for a two-bedroom apartment: $2,255
• Number of available units: 167
• Best for: High-end rentals and luxury living
• Map of Mira Villas

Located within Summerlin, Mira Villas is one of Las Vegas’ most upscale neighborhoods. Renters here pay higher than average prices for spacious, modern apartments surrounded by golf courses, shopping, and scenic mountain views. With luxury amenities, proximity to Red Rock Canyon, the JW Marriott Las Vegas Resort and Spa, and access to Summerlin’s top schools and parks, Mira Villas appeals to those seeking a resort-style lifestyle in one of the valley’s most desirable areas.

What Is a Comfortable Salary for a Renter in Las Vegas?

To comfortably afford Las Vegas’ median rent of $1,814, you’d need to earn roughly $72,560 per year (or $6,046 per month) before taxes, based on the standard 30% rent-to-income guideline. This is higher than the estimated living wage for the Las Vegas area, which is $24.10 per hour, or roughly $50,128 annually, depending on the number of weekly hours worked. \ \ Of course, many renters manage on less. Options for more affordable neighborhoods like West Sahara or River Mountain, downsizing to a studio, or sharing a two-bedroom unit in pricier neighborhoods like Mira Villas or Seven Hills can ease the financial pressure. With careful budgeting, a $50,000 salary can still go a long way in Las Vegas.

Are There Hidden Costs to Renting in Las Vegas?

Rent is just the starting point. Several additional expenses can catch renters off guard when budgeting:

• Renters insurance: Often required by landlords, even if not legally mandatory. A basic policy covering personal property and loss of use typically costs between $16 and $20 per month.
• Application and admin fees: Depending on the property, the cost can range from $30 to $150 for processing, plus an additional $100 to $200 in administrative costs.
• Parking and building amenities: Many complexes charge separately for parking. Reserved spots typically start at around $40 a month and can increase to $180 a month for a secured garage. Access to pools, gyms, or additional storage space may also incur extra fees.
• Pet fees: Plan for a $200 to $400 pet deposit per pet, plus a monthly pet rent of $15 to $50.
• Moving costs: Local moves typically range from $300 to $1,500, while full-service movers charge approximately $75 to $150 per hour, with cross-country moves averaging $2,500 to $7,500.
• Security deposits: Nevada law caps deposits at three times the monthly rent. For a $1,500 apartment, that could mean a $4,500 upfront cost.

Watch out for “junk fees” like damage waivers, valet trash, and lifestyle fees, as these can add a few hundred dollars to your monthly rent. Starting October 1, 2025, Nevada renters are protected by new laws aimed at curbing hidden or excessive fees. Landlords must:

• Advertise rent with all mandatory charges included.
• Offer at least one free way to pay rent.
• Refund application fees if the unit isn’t available or the tenant isn’t approved.
• Clearly disclose all fees in the lease, and make the full lease available for the tenant to review.

What Are the Best Ways to Save on Rent in Las Vegas?

Las Vegas’ rental market offers plenty of opportunities, but it can also be unpredictable. Whether you’re new to the city or just trying to make your paycheck go further, here are some tried-and-true strategies to help you save when moving to Las Vegas:

1. Tap Into Local Housing Resources

Las Vegas offers rental aid through programs like the Just One Project, the Southern Nevada Regional Housing Authority and HopeLink. These can provide help with deposits, landlord mediation, short-term subsidies, or utility support, especially during emergencies or periods of financial instability.

2. Use Seasonality to Your Advantage

Leverage Las Vegas’ slower rental periods, typically from December to February, to land yourself a good deal. With tourist season slowing and students already settled in, landlords may be more open to negotiation. Always ask about move-in specials, such as waived deposits, free parking, or discounted first months, especially if you’re willing to sign a longer lease or move quickly.

3. Consider a Roommate or House Share

With the average two-bedroom in Las Vegas renting for $1,828, teaming up and splitting rent and utilities can go a long way in cutting your housing expenses every month. Look in popular areas like Downtown Las Vegas or Henderson, which have a wide selection of rental units.

4. Don’t Get Dazzled by Amenities

The rooftop pool and hot tub might be tempting perks, but convenience should take precedence over the extras. If an amenity-rich building doubles your commute time, you may be better off choosing a simpler apartment closer to work. Practical factors like shorter commutes, nearby grocery stores, and access to green space are often more valuable than perks like a firepit or pool table.

5. Plan for the Upfront Hit

Application fees, deposits, moving costs, cleaning fees, and pet deposits can add up quickly. Create a generous move-in fund before you start looking, so you’re ready to jump on a great deal when it pops up. Budget for more, so you’re not scrambling last minute if you find something you really like that’s asking for a bigger deposit.

6. Brush Up on Nevada Tenant Laws

Knowing your rights as a renter can help you avoid bad leases and disputes with your landlord. In Nevada, here are a few key protections to keep in mind:

• Security deposits can’t exceed three times the monthly rent.
• Rent increases aren’t allowed during the lease term unless your agreement specifically permits them.
• Written leases must include a signed inventory and record of the rental’s condition.
• Late fees can only be charged after three calendar days past the due date, and they can’t exceed 5% of the rent.
• While less common, you can request a surety bond as an alternative to a traditional security deposit.

7. Ask about Move-In Specials

Many Las Vegas complexes advertise free parking, waived deposits, or discounted first months. Even if it’s not advertised, ask anyway.

8. Consider Staying Near, Not In, Las Vegas

If you don’t need to be close to the Strip or to Downtown Central, your budget may stretch further in these cities near Las Vegas that bundle affordability with guest-savvy amenities.

Find an Apartment in Las Vegas, NV

With Las Vegas’ cost of living running 10.6% above the national average, knowing where to rent makes all the difference. From budget-friendly neighborhoods like The Section Seven and West Sahara to higher-end areas like Mira Villas, there’s something for every budget and lifestyle.

Take the personalized Apartment List quiz to get matched with apartments that fit your needs, must-haves, and move-in timeline. With us, you’ll spend five minutes and save 50 hours searching.

Is Las Vegas Affordable for Renters? FAQs

Is renting cheaper than buying a home in Las Vegas?

Yes, for most renters. With a price-to-rent ratio of 31, renting makes more financial sense than buying right now, especially when you factor in property taxes, insurance, and maintenance costs.

Is Las Vegas’ rental market competitive?

Yes. Despite some recent cooling, Las Vegas remains a competitive rental market thanks to steady migration from pricier West Coast cities. Units in popular areas like Downtown, Summerlin, and Henderson move quickly, while affordable spots like West Sahara or The Section Seven also see strong demand.

What’s a livable wage in Las Vegas?

According to MIT’s Living Wage Calculator, a single adult in Las Vegas needs to earn around $24.10 per hour—roughly $50,128 annually—to cover basic expenses without financial strain. This does not include any savings. If you have dependents or higher monthly expenses, that number increases accordingly.

What if I can’t afford rent in Las Vegas, NV?

There are still ways to make it work. Look at more affordable neighborhoods like The Section Seven, West Sahara, and River Mountain, find roommates to split a more spacious two or three-bedroom apartment or downsize to a studio. You can also explore rental assistance programs through nonprofits or government agencies, or contact the Southern Nevada Regional Housing Authority for voucher programs. \ \ Bonus tip: Aim for off-season moves when landlords are more likely to offer incentives.

Are utilities typically included in rent in Las Vegas?

Typically, no. Most rentals in Las Vegas require tenants to pay separately for electricity, gas, water, and internet. Some units may include water, lawn maintenance, or trash pickup, but it varies by property. Always double-check the lease or ask upfront so you can budget accurately.