Average Rent In Nevada For January 2024
Average Rent
What is the average rent in Nevada?
The average rent in Nevada for January 2024 is $1,441, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Nevada is $1,372. The average rent of a 1-bedroom apartment in Nevada is $1,156.
Compared to the national average of $1,379, Nevada rent costs 4.5% less. Read our analysis of rents by state to see how Nevada ranks.
Here's a look at how average rents have changed over time:
How Does Nevada Rent Compare To The Rest Of The Country?
| Statistic | NV | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,441 | $1,379 | 4.5% |
| M-o-M Change | -$4 | -$11 | -63.6% |
| Y-o-Y Change | -$20 | -$14 | 42.9% |
| M-o-M % Change | -0.3% | -0.8% | - |
| Y-o-Y % Change | -1.4% | -1.0% | - |
Median Rent By Bedrooms In Nevada
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Nevada increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Nevada clocking in at $1,156, while a 2-bedroom rental will set you back $1,372 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $686/room/month.
Read on to find out more or for more on Nevada check out:
Month Over Month Nevada Rent Statistics
M-o-M Increase
M-o-M Increase
Nevada has experienced a -$4 change in rent over the past month going from $1,445 to $1,441. That change comes out to -0.3%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Nevada:
Year Over Year Nevada Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Nevada changed -$20 from $1,461 to $1,441. A change of -$20 means that rents changed -1.4% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Nevada:
The 10 Places With The Highest Rent In Nevada
Population: 284,817
Median Rent: $1,266
More on Henderson: Data | Crime | Cost Of Living | Real Estate
Population: 234,389
Median Rent: $1,219
More on North Las Vegas: Data | Crime | Cost Of Living | Real Estate
Population: 19,261
Median Rent: $1,108
More on Fernley: Data | Cost Of Living | Real Estate
Population: 621,662
Median Rent: $1,095
More on Las Vegas: Data | Cost Of Living | Real Estate
Population: 96,786
Median Rent: $1,066
More on Sparks: Data | Crime | Cost Of Living | Real Estate
Population: 2,361
Median Rent: $1,064
More on Carlin: Crime | Real Estate
Population: 15,648
Median Rent: $1,053
More on Boulder City: Data | Crime | Cost Of Living | Real Estate
Population: 20,225
Median Rent: $1,034
More on Elko: Data | Crime | Cost Of Living | Real Estate
Population: 239,732
Median Rent: $969
More on Reno: Data | Crime | Cost Of Living | Real Estate
Population: 54,219
Median Rent: $928
More on Carson City: Data | Cost Of Living | Real Estate
Learn More About Living In Nevada
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.