Las Vegas skyline

As of February 2023, the average apartment rent in Las Vegas, NV is $968 for a studio, $1,239 for one bedroom, $1,716 for two bedrooms, and $2,223 for three bedrooms. Apartment rent in Las Vegas has decreased by -28.0% in the past year.

Las Vegas Skyline

Despite its reputation, Las Vegas has a huge personality that surpasses the glimmering vibrant life the strip offers. Most of the city of Las Vegas resides in residential neighborhoods with a wide selection of golf courses and country clubs. Locals love the bike-friendly community with plenty of outdoor exploration options, such as Lake Mead and Red Rock Canyon. Renters who rent in Sin City have a wide choice of apartments and nightlife. Locals who need to take the night off enjoy various museums and the fine arts. Below you’ll find information about average rent in popular neighborhoods throughout the city.  

Beds Average Square Feet Average Rent
Studio 398 sq. ft.  $968 /mo. 
One Bedroom Apartment 704 sq. ft. $1,239 /mo. 
Two Bedroom Apartment 1,135 sq. ft. $1,716 /mo. 
Three Bedroom Apartment 1,326 sq. ft. $2,223 /mo. 
Statistic Value
Per Capita Income $43,005
Median Household Income $63,812
Total Population 2,399,536 people
Average Age 39 years old
Average Rent $1,154 per month

See how much rent you can afford to pay by using our rent affordability calculator.

Downtown Las Vegas 

Downtown Las Vegas

The heart of Las Vegas can be found in the neighborhood of Downtown Las Vegas. Here you’ll find all things commercial, cultural, and culinary, along with extravagant hotels, gambling complexes, and plenty of nightlife options. Renters have the choice between a variety of apartments and condos. Locals enjoy the area for its more relaxed pace compared to the busy Vegas Strip. Finally, there’s always something to do with free live music, light shows, and several museums. If you’re looking for a more residential neighborhood, check out Central Las Vegas. 

Beds Average Square Feet Average Rent
Studio 327 sq. ft. $972 /mo. 
One Bedroom Apartment 523 sq. ft. $865 /mo. 
Two Bedroom Apartment 832 sq. ft. $951 /mo. 
Three Bedroom Apartment 953 sq. ft. $1,082 /mo.

Summerlin

Summerlin

Just ten miles west of downtown Las Vegas is the perfect place for anyone who enjoys the outdoors and a vibrant nightlife. In Summerlin, locals enjoy gorgeous views of mountains, camping, hiking, biking, and dozens of public parks, golf courses, and sports fields. Throughout this residential neighborhood, you’ll find several shopping centers and restaurants with the convenience of being able to walk down the street for groceries or food. 

Beds Average Square Feet Average Rent
Studio 490 sq. ft. $1,388 /mo. 
One Bedroom Apartment 764 sq. ft. $1,441 /mo.
Two Bedroom Apartment 1,148 sq. ft. $1,688 /mo. 
Three Bedroom Apartment 1,384 sq. ft. $2,081 /mo. 

Centennial Hills

Centennial Hills

Sitting 16 miles from downtown and 18 miles from the Strip, Centennial Hills serves as a suburban reprieve from city life. Several parks are located in the neighborhood such as Centennial Hill Park, Mountain Crest Park, and Majestic Park. Floyd Lamb Park and Red Rock Canyon National Conservation Area offer residents many additional outdoor adventures. Centennial Centre offers tons of shopping options. With ample major roadway access, Centennial Hills is a commuter’s dream. 

Beds Average Square Feet Average Rent
Studio 617 sq. ft. $1,461 /mo. 
One Bedroom Apartment 798 sq. ft. $1,433 /mo. 
Two Bedroom Apartment 1,142 sq. ft. $1,757 /mo. 
Three Bedroom Apartment 1,387 sq. ft. $2,171 /mo. 

Central Las Vegas

Central Las Vegas

The neighborhood of Central Las Vegas encompasses an area that stretches roughly from US-95 east over I-515. The neighborhood has something to offer everyone! This sprawling region has the grandeur of the strip, neighborhood charm, and a diverse mix of cultures among residents. You’ll find incredible attractions in Central Las Vegas such as parks and restaurants and tons of parks. Residents have a wide range of options, such as apartments, condos, and townhomes, all in a great location for commuters. 

Beds Average Square Feet Average Rent
Studio 357 sq. ft. $931 /mo. 
One Bedroom Apartment 653 sq. ft. $1,061 /mo. 
Two Bedroom Apartment 954 sq. ft. $1,290 /mo. 
Three Bedroom Apartment 1,197 sq. ft. $1,503 /mo.

Southern Highlands

Southern Highlands

Southern Highlands is a scenic suburban community brimming with tree-filled streets and beautiful mountain views. Locals love the various outdoor activities at Somerset Hills Park and Southern Highlands Golf Club. The neighborhood contains a host of stores and restaurants, as well as the popular Las Vegas South Premium Outlets. Just a short drive away from the excitement of the Las Vegas strip, Southern Highlands is an ideal neighborhood for renters looking for the perfect mix of nightlife and outdoor activities. If you and your family are looking for a neighborhood that's a bit more subdued, check out Canyon Gate.  

Beds Average Square Feet Average Rent
One Bedroom Apartment 725 sq. ft. $1,420 /mo. 
Two Bedroom Apartment 1,113 sq. ft. $1,714 /mo. 
Three Bedroom Apartment 1,188 sq. ft. $2,034 /mo. 

Canyon Gate

Canyon Gate

Offering a charming residential community just seven miles west of casinos and the Las Vegas Strip, residents love feeling like they’re in the heart of the city without having to live downtown. In Canyon Gate, there’s an electric mix of restaurants and shopping along with stunning hiking trails in Red Rock Canyon. Renters enjoy the quiet residential streets and gated communities with 24/7 security giving parents extra peace of mind. The neighborhood’s crown jewel is the Canyon Gate Country Club, with an exclusive members-only swimming complex. 

Beds Average Square Feet Average Rent
Studio 550 sq. ft. $800 /mo. 
One Bedroom Apartment 745 sq. ft. $1,214/mo. 
Two Bedroom Apartment 991 sq. ft. $1,413 /mo. 
Three Bedroom Apartment 1,203 sq. ft. $1,777 /mo. 

With a landscape that’s as dazzling as the nightlife, Las Vegas is a city like no other. If you want to be a part of it, find your apartment in Las Vegas now.

Apartment rent data is provided by CoStar Group’s February 2023 Las Vegas Market Report.

 

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Helen Ann Wells

Hi! I'm Helen Ann Wells, a content writer at Apartments.com. Having lived in three different rental properties over the past two years, I bring a wealth of knowledge about the ins and outs of renting. When I'm not writing, you'll often find me immersed in a novel, catching up on the latest TV drama, or spending quality time with my friends and family.

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