Aspire at Flamingo Grand
4335 S Grand Canyon Dr,
Las Vegas, NV 89147
$1,458 - $3,137 Plus Fees
Studio - 2 Beds
Rental Market Trends in Las Vegas, NV
What is the average rent in Las Vegas, NV?
$1,265/month
Average Rent
702 Sq Ft
Average Apartment Size
-3.1%
Decrease in the Last Year
As of September 2025, the average rent in Las Vegas, NV is $1,265 per month. This is 23% lower than the national average rent of $1,640/month, making renting in Las Vegas more affordable than most cities in the US. When you rent an apartment in Las Vegas, you can expect to pay about $997 per month for a studio, $1,265 for a one-bedroom apartment, and around $1,529 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,856 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Las Vegas, NV?
In the past year, rent has decreased by 3.1%, which averages out to $38 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Las Vegas?
Based on current rent prices, Monte Vista, Richfield Village and Paradise Valley Townhouses are the most affordable neighborhoods in Las Vegas.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Las Vegas?
Based on current rent prices, Downtown Summerlin, Parkway Center and Financial District are the most expensive neighborhoods in Las Vegas.
Neighborhood
Average Rent
Average Sq Ft
Which Las Vegas neighborhoods have the most rentals available?
The neighborhoods in Las Vegas with the most apartments available are South Las Vegas, Central Las Vegas and Las Vegas Strip .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Las Vegas, NV?
Because the average rent in Las Vegas is $1,265, you’ll want to make about $4,216 per month or $50,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Las Vegas, NV is 2.0% lower than the national average. Generally, housing in Las Vegas is 4.9% more expensive than the national average, with rent falling between $997 - $1,856. You can expect to pay 3.9% more for groceries, 9.4% more for utilities, and 14.6% more for transportation.
How does Las Vegas, NV compare to other nearby cities and neighborhoods?
Use the tool below to compare Las Vegas, NV to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
$2,041/month
Two Bedroom
-
$2,918/month
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Las Vegas we think you'll love
Property Management Companies in Las Vegas, NV
Greystar
-
3,388
Communities
-
940,289
Units
-
871
Cities
41 Communities in Las Vegas
Cushman & Wakefield
-
533
Communities
-
123,420
Units
-
268
Cities
41 Communities in Las Vegas
Advanced Management Group of Nevada
-
37
Communities
-
6,054
Units
-
3
Cities
36 Communities in Las Vegas
Stout Management Company
-
35
Communities
-
6,579
Units
-
3
Cities
35 Communities in Las Vegas
AMC
-
675
Communities
-
132,597
Units
-
264
Cities
25 Communities in Las Vegas
WestCorp Management Group
-
33
Communities
-
10,194
Units
-
5
Cities
25 Communities in Las Vegas
Ovation Development Corp
-
27
Communities
-
7,989
Units
-
2
Cities
24 Communities in Las Vegas
FPI Management
-
623
Communities
-
106,902
Units
-
221
Cities
21 Communities in Las Vegas
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.
* Percentages may not total 100 due to rounding.