The average apartment rent in Las Vegas, NV: October 2022

Posted by:Aleksandr Belov Posted on:Oct 24,2022
Apartment rental prices in Las Vegas as of October 2022

Las Vegas is the largest city in Nevada with a population of approximately 642,000. The city is known for expensive hotels, casinos, various performances, concerts and shows. The cost of living in Las Vegas cannot be called high when compared with New York, Miami, Los Angeles and other major US metropolitan areas. To date, Las Vegas is not even included in the TOP 50 US cities in terms of average rental prices. This suggests that rental prices remain low. The average rental price for a one-bedroom apartment in Las Vegas is $1,320 per month. One-bedroom apartment rentals are up 12.80% year-on-year (October 2021 to October 2022). The median rental price for a two-bedroom apartment is $1,560 per month, with prices up 9.90% in the last year. In this article, we look at the average rental prices for one and two-bedroom apartments in Las Vegas as of October 2022.

The cheapest neighborhoods in Las Vegas include Desert Shores ($850/month for one-bedroom apartments), Meadows ($875/month) and West Sahara ($1,025/month).

The most expensive neighborhoods in Las Vegas include Mira Villas ($1,625/month), Sun City Summerlin ($1,525/month) and Peccole Ranch ($1,475/month).

Average rent for a 1-bedroom apartment in Las Vegas, NV: October 2022

Average 1-bedroom rent price (October 2022) = $1,320/per month
Month-over-Month Price Change Rent (M/M %)
1.5%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
12.8%

Average rent for a 2-bedroom apartment in Las Vegas, NV: October 2022

Average 2-bedroom rent price (October 2022) = $1,560/per month
Month-over-Month Price Change Rent (M/M %)
-1.3%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
9.9%

The 3 Expensive Neighborhoods in Las Vegas, NV: October 2022 (one-bedroom apartment)

1. Mira Villas
$1,625/month
2. Sun City Summerlin
$1,525/month
3. Peccole Ranch
$1,475/month

The 3 Cheapest Neighborhoods in Las Vegas, NV: October 2022 (one-bedroom apartment)

1. Desert Shores
$850/month
2. Meadows
$875/month
3. West Sahara
$1,025/month

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

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