Local Rental Market Report: How Much Can Homeowners Expect for Rent? (October)
LAS VEGAS, NV – The latest rental market snapshot shows continued softening in early October 2025. Zillow now reports the average rent (all bedrooms, all property types) across Las Vegas at $1,950 per month, a $37 month-over-month dip and $50 lower year-over-year (last updated Oct 4, 2025).
In contrast, Zumper lists the citywide median rent (all unit types) at $1,809 for October 2025.
Breaking It Down: House vs. Apartment Costs
For homeowners weighing the rental potential of a detached single-family home, Zumper’s property-type split shows houses average about $2,195/month in Las Vegas, while apartments average about $1,299/month (page updated for October).
Summary of data sources used in this section:
• Overall market average (all types): Zillow – $1,950 (Oct 4, 2025).
• Median/Property-type splits: Zumper – Median $1,809; Houses ~$2,195; Apartments ~$1,299 (Oct 2025).
By Bedroom (Latest Available)
Adding more detail, Rentometer’s latest figures show average rents by bedroom count:
• 2-bedroom houses: $1,778
• 3-bedroom houses: $2,268
• 4-bedroom houses: $2,764
(Source: Rentometer – Las Vegas, NV)
What This Means for Homeowners
| Metric | Snapshot |
|---|---|
| Market Trend | Average asking rents eased again in October ($1,950, –$37 MoM; –$50 YoY). |
| Single-Family Wins | Detached homes continue to command a notable premium (~$2,195 vs. apartments ~$1,299). |
| Size Matters | Two-bedroom median across the city is $1,333; larger homes typically push materially higher. |
| Competitive Edge | With softening averages, condition, presentation, and flexible terms can sustain premium outcomes. (Analysis) |
(Based on Data Provided)
Insights & Action Steps
- Lean into the detached premium: If you’re listing a standalone home, emphasize space, privacy, and family-friendly features to justify house-level pricing (~$2,195).
- Price by size & finish, not just averages: Use the 1- and 2-bed medians as a floor; upgrade quality and amenities can push results above city medians.
- Compete smart in a cooling market: With Zillow’s average sliding to $1,950, invest in professional photos, quick response times, and minor refreshes (paint, fixtures) to reduce days-to-lease.
Las Vegas remains a distinct rental market shaped by population flow, seasonality, and steady new supply. Averages are a starting point- your property’s true rental value depends on neighborhood, condition, amenities, and timing. A free local rental analysis can pin down a precise asking price that attracts quality tenants while maximizing 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.
Joe Mcdermott is a journalist for SEARCHEN NETWORKS® and reports for independent news and media organizations in the United States. Mcdermott helps keep a keen-eye on what’s happening in the Las Vegas Nevada community on behalf of Shelter Realty Inc.