Rents in Las Vegas Valley Decreased Across the Board in 2025; Experts Predict Rents May Remain Flat Throughout 2026
LAS VEGAS, NV – Zumper, a digital marketplace for renters and property managers, has released a new report that indicates that rents in the Las Vegas Valley decreased across all unit types by the end of 2025, according to the Las Vegas Review Journal.
For their just-released report covering December 2025, Zumper notes that one-bedroom rentals in practically every region of the valley experienced significant drops by the end of the year, with the biggest decrease taking place in Paradise, where rents lowered by 14.3 percent year-over-year.
The next largest decrease took place in Henderson with a 4 percent drop, followed by Spring Valley at 3.6 percent, North Las Vegas at 3 percent, Las Vegas at 1.7 percent, and Winchester at 08 percent.
Located north of Harry Reid International Airport and east of the Las Vegas Strip, Winchester also recorded December’s largest month-to-month rent drop with 5.8 percent when compared to November.
Crystal Chen, one of the authors of the Zumper report, said that Las Vegas was the only region in Nevada that saw a drop in rents, noting that, “Rates are down across the board in the Las Vegas metro area for the month of December.”
The average rent for a one-bedroom unit in the state in December was $1,277, whereas Paradise was the most expensive at $1,500, followed by Henderson at $1,430, Spring Valley at $1,350 and North Las Vegas at $1,349.
In contrast, the cheapest rent in the valley is the city of North Las Vegas, where renters were paying an average of $1,150 per month for a one-bedroom unit.
Experts are predicting that rents in the Las Vegas Valley will essentially remain flat throughout 2026 after they skyrocketed during COVID-19, reaching all-time record highs in 2022 before the market eventually stabilized and returned to pre-pandemic levels.
Shelter Realty Property Management specializes in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.
Christopher Boyle is an expert investigative journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Christopher keeps a keen-eye on what’s happening in the Vegas real estate market on behalf of Shelter Realty Property Management