Local Rental Market Report: How Much Can Homeowners Expect for Rent? (September)

LAS VEGAS, NV – The latest rental market snapshot shows a continuing shift in Las Vegas rents as of early September 2025. Zillow now reports the average rent for all bedrooms and property types across the valley at $1,971 per month, reflecting a $24 month-over-month decrease and a $79 drop year-over-year. In contrast, Zumper lists the median rent across all units at $1,895 per month, flat compared to last month but still 2% higher than a year ago.

Breaking It Down: House vs. Apartment Costs

For homeowners weighing the rental potential of a single-family home, Zillow places the average rent for houses at $2,172 per month. Apartments lag behind standalone homes in rent – Zillow reports apartments average approximately $1,525 per month.

Adding more detail, Rentometer’s September figures show average rents by bedroom count:

• 2-bedroom houses: $1,765
• 3-bedroom houses: $2,245
• 4-bedroom houses: $2,735

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What This Means for Homeowners

Metric	Snapshot
Market Trend	Average rents dipped again this month, though median pricing remains steady.
Single-Family Wins	Standalone homes remain in high demand, pulling in around $2,200/month.
Size Matters	Larger homes significantly outperform smaller ones—4-beds near $2,750.
Competitive Edge	Owners who market and price strategically still have room for premium returns.

(*Based on Data Provided)

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Insights & Action Steps

• Leverage the Single-Family Advantage: Detached homes consistently command a premium. Highlight space, privacy, and family-friendly features to justify higher rent.
• Price by Size & Amenities: Don’t rely on averages. A 3-bedroom or 4-bedroom home should be positioned at a higher tier than a smaller property.
• Stay Competitive in a Cooling Market: With Zillow showing small month-to-month declines, presentation matters. Professional photos, updated features, and responsive management can help attract quality tenants faster.

Las Vegas remains a unique rental market shaped by ongoing population growth, tourism, and seasonal movement. For property owners, the averages are just a starting point – true rental value depends on your property’s neighborhood, upgrades, and timing. Having a local property management expert conduct a free rental analysis can provide an accurate, data-driven estimate, helping you set a price that attracts quality tenants while maximizing your monthly income.

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.