Zip codes with the fastest growing rent in Las Vegas

Written by:
March 24, 2021
realtor.com

Zip codes with the fastest growing rent in Las Vegas

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Las Vegas using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

Zip codes with the fastest growing rent in Las Vegas

Since the start of the 21st century and prior to the coronavirus pandemic, the cost of rent has skyrocketed across America. Every state in the nation saw a spike in the cost of apartments and other residential rentals. Places like Washington D.C., California, and Hawaii have seen rent prices more than double over the past two decades.

While the reasons for rent hikes may vary by locality, one of the major factors for higher costs is the overall decline in homeownership, which hit a peak of 66% in 2000. That, in turn, has led to more Americans turning to rentals, ultimately pushing up the amount landlords can charge. The problem is exacerbated by a shortage of construction workers, which makes it difficult for developers to boost the supply of available housing.

The coronavirus pandemic threw rental properties for a proverbial loop. The Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the fastest growing rent in Las Vegas using data from Zillow. Zip codes are ranked by the change in Zillow Observed Rent Index for all homes and apartments over the last year as of January 2021. Listings and images are from realtor.com.

#30. 89145 (Las Vegas)

- 1 year rent change: +5.7%
- 5 year rent change: +29.1%
- Typical rent: $1,393
--- 6.0% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 8791 Alta Dr, Las Vegas 89145 ($3,500)

#29. 89117 (Las Vegas)

- 1 year rent change: +5.8%
- 5 year rent change: +31.0%
- Typical rent: $1,398
--- 5.7% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 9225 W Charleston Blvd, Las Vegas 89117 ($1,639)

#28. 89139 (Las Vegas)

- 1 year rent change: +5.9%
- 5 year rent change: +27.0%
- Typical rent: $1,581
--- 6.7% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 7600 S Rainbow Blvd, Las Vegas 89139 ($1,615)

#27. 89052 (Henderson)

- 1 year rent change: +5.9%
- 5 year rent change: +26.6%
- Typical rent: $1,543
--- 4.1% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 930 Carnegie St, Henderson 89052 ($1,649)

#26. 89144 (Las Vegas)

- 1 year rent change: +6.0%
- 5 year rent change: +27.2%
- Typical rent: $1,659
--- 11.9% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 650 S Town Center Dr, Las Vegas 89144 ($1,870)

#25. 89148 (Las Vegas)

- 1 year rent change: +6.1%
- 5 year rent change: +25.7%
- Typical rent: $1,640
--- 10.7% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 6655 S Fort Apache Rd, Las Vegas 89148 ($1,509)

#24. 89131 (Las Vegas)

- 1 year rent change: +6.2%
- 5 year rent change: +30.2%
- Typical rent: $1,669
--- 12.6% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 7350 W Centennial Pkwy, Las Vegas 89131 ($1,897)

#23. 89044 (Henderson)

- 1 year rent change: +6.2%
- 5 year rent change: +27.2%
- Typical rent: $1,770
--- 19.4% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 3077 Camino Sereno Ave, Henderson 89044 ($2,500)

#22. 89121 (Las Vegas)

- 1 year rent change: +6.3%
- 5 year rent change: +34.4%
- Typical rent: $1,086
--- 26.7% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 3950 Mountain Vista St, Las Vegas 89121 ($1,128)

#21. 89002 (Henderson)

- 1 year rent change: +6.3%
- 5 year rent change: +29.9%
- Typical rent: $1,626
--- 9.7% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 320 Conestoga Way, Henderson 89002 ($1,665)

#20. 89115 (Las Vegas)

- 1 year rent change: +6.4%
- 5 year rent change: +44.3%
- Typical rent: $1,185
--- 20.0% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 4350 Cappas St, Las Vegas 89115 ($1,600)

#19. 89179 (Las Vegas)

- 1 year rent change: +6.5%
- 5 year rent change: +31.0%
- Typical rent: $1,781
--- 20.2% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 7249 Huckaby Ave, Las Vegas 89179 ($2,020)

#18. 89128 (Las Vegas)

- 1 year rent change: +6.7%
- 5 year rent change: +39.3%
- Typical rent: $1,372
--- 7.4% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 7401 W Washington Ave, Las Vegas 89128 ($1,495)

#17. 89122 (Las Vegas)

- 1 year rent change: +6.7%
- 5 year rent change: +34.8%
- Typical rent: $1,351
--- 8.8% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 5421 E Harmon Ave, Las Vegas 89122 ($850)

#16. 89178 (Las Vegas)

- 1 year rent change: +6.9%
- 5 year rent change: +29.2%
- Typical rent: $1,619
--- 9.2% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 7688 Blue Diamond Rd, Las Vegas 89178 ($1,675)

#15. 89149 (Las Vegas)

- 1 year rent change: +7.1%
- 5 year rent change: +35.5%
- Typical rent: $1,607
--- 8.4% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 7100 Grand Montecito Pkwy, Las Vegas 89149 ($1,695)

#14. 89015 (Henderson)

- 1 year rent change: +7.4%
- 5 year rent change: +33.6%
- Typical rent: $1,590
--- 7.3% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 1100 N Center St, Henderson 89015 ($1,250)

#13. 89129 (Las Vegas)

- 1 year rent change: +7.7%
- 5 year rent change: +34.6%
- Typical rent: $1,630
--- 10.0% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 3900 Dalecrest Dr, Las Vegas 89129 ($1,608)

#12. 89143 (Las Vegas)

- 1 year rent change: +7.8%
- 5 year rent change: +36.4%
- Typical rent: $1,709
--- 15.3% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 8301 Harvest Spring Pl, Las Vegas 89143 ($1,895)

#11. 89156 (Las Vegas)

- 1 year rent change: +7.9%
- 5 year rent change: +47.3%
- Typical rent: $1,217
--- 17.9% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 7055 E Lake Mead Blvd, Las Vegas 89156 ($1,065)

#10. 89138 (Las Vegas)

- 1 year rent change: +7.9%
- 5 year rent change: +26.9%
- Typical rent: $2,343
--- 58.1% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 100 Park Vista Dr, Las Vegas 89138 ($2,038)

#9. 89146 (Las Vegas)

- 1 year rent change: +8.1%
- 5 year rent change: +42.0%
- Typical rent: $1,326
--- 10.5% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 6500 W Charleston Blvd, Las Vegas 89146 ($911)

#8. 89166 (Las Vegas)

- 1 year rent change: +8.5%
- 5 year rent change: +31.4%
- Typical rent: $1,537
--- 3.7% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 10697 W Centennial Pkwy, Las Vegas 89166 ($1,431)

#7. 89141 (Las Vegas)

- 1 year rent change: +8.6%
- 5 year rent change: +30.8%
- Typical rent: $1,792
--- 20.9% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 10695 Dean Martin Dr, Las Vegas 89141 ($1,738)

#6. 89031 (North Las Vegas)

- 1 year rent change: +8.9%
- 5 year rent change: +40.6%
- Typical rent: $1,645
--- 11.0% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 125 E Regina Ave, North Las Vegas 89031 ($1,430)

#5. 89108 (Las Vegas)

- 1 year rent change: +9.4%
- 5 year rent change: +42.7%
- Typical rent: $1,234
--- 16.7% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 5800 W Lake Mead Blvd, Las Vegas 89108 ($1,040)

#4. 89081 (North Las Vegas)

- 1 year rent change: +9.9%
- 5 year rent change: +39.2%
- Typical rent: $1,659
--- 11.9% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 4429 Lawrence St, North Las Vegas 89081 ($1,350)

#3. 89142 (Las Vegas)

- 1 year rent change: +10.0%
- 5 year rent change: +38.3%
- Typical rent: $1,272
--- 14.2% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 6435 Grass Meadows Dr, Las Vegas 89142 ($1,285)

#2. 89032 (North Las Vegas)

- 1 year rent change: +11.7%
- 5 year rent change: +41.7%
- Typical rent: $1,519
--- 2.5% above typical rent in Las Vegas, NV metro

- Pictured (for rent): 3825 Craig Crossing Dr, North Las Vegas 89032 ($1,679)

#1. 89104 (Las Vegas)

- 1 year rent change: +16.4%
- 5 year rent change: +59.1%
- Typical rent: $1,155
--- 22.1% less than typical rent in Las Vegas, NV metro

- Pictured (for rent): 2211 Las Vegas Blvd S, Las Vegas 89104 ($1,450)

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