Renting in Las Vegas costs about $1,790 a month, and the typical home is listed at $502,000. That puts the price-to-rent ratio at 23.4: a typical home costs as much as 23.4 years of rent.
Las Vegas now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $1,790/mo | $1,630/mo |
| Typical list price | $502,000 | $659,000 |
| Price-to-rent ratio | 23.4 | — |
Rent is projected at -1.9% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (+0.7%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+9.0% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 89108 | $1,538/mo | 259 | $349,990 | 364 |
| 89117 | $1,995/mo | 354 | $520,000 | 423 |
| 89129 | $2,000/mo | 349 | $469,888 | 437 |
| 89131 | $2,140/mo | 162 | $649,999 | 373 |
| 89149 | $1,995/mo | 236 | $577,777 | 431 |
| 89101 | $1,100/mo | 270 | $370,000 | 201 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 6 of Las Vegas's 16 ZIP codes (the most populous, home to 53% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 15, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Las Vegas, NV?
Typical asking rent is $1,790 a month, across 1,630 active rental listings in 6 ZIP codes.
How much do homes cost in Las Vegas, NV?
The typical list price is $502,000, across 2,229 active sale listings in 6 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Las Vegas, NV?
About 23.4: the typical list price equals 23.4 years of typical rent. The higher the ratio, the more buying costs relative to renting.