Most Affordable Neighborhoods in Las Vegas, NV
Some of the cheapest neighborhoods in Las Vegas are Monte Vista, Paradise Valley Townhouses, and Paradise Park. These neighborhoods offer some of the lowest rent prices in Las Vegas, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Las Vegas is $1,298, which is 1.1% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Monte Vista
Average Rent
$800/Month
TransitScore® Rating
47/100
Units Available
12 Rentals
Monte Vista is a top choice for budget-conscious renters for a variety of reasons. The average rent in Monte Vista is $800 while the city average is $1,298. Residents enjoy convenient access to Touro University Nevada, Mgm Grand Northbound, and Las Vegas Natural History Museum. The neighborhood is considered somewhat walkable with a WalkScore® of 53.
Paradise Valley Townhouses
Average Rent
$1,005/Month
Units Available
17 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Paradise Valley Townhouses. The average rent is $1,005, compared to the city average of $1,298. Paradise Valley Townhouses is convenient to Shark Reef at Mandalay Bay, Harry Reid International, and Ocotillo Plaza.
Paradise Park
Average Rent
$1,019/Month
TransitScore® Rating
51/100
Units Available
10 Rentals
Paradise Park is an affordable neighborhood in Las Vegas with an average rent price of $1,019. Compare this to the city average of $1,298. Paradise Park provides easy access to Nev. State Coll., Shadow Lane, Sahara Northbound, and Convention Center Southbound. It’s a walkable neighborhood with a WalkScore® of 84.
Paradise Gardens
Average Rent
$1,048/Month
TransitScore® Rating
47/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Paradise Gardens might be the perfect place! It has an average rent price of $1,048, while the city’s average stands at $1,298. Paradise Gardens is near Boulder City Municipal, Las Vegas Natural History Museum, and DISCOVERY Children's Museum.
Downtown East
Average Rent
$1,059/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
46/100
Units Available
30 Rentals
Downtown East is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown East is $1,059 while the city average is $1,298. This is a 2.1% difference from last year. Residents enjoy convenient access to UNLV Arboretum, DISCOVERY Children's Museum, and Sahara Northbound. The neighborhood is considered somewhat walkable with a WalkScore® of 65.
Century Garden
Average Rent
$1,079/Month
TransitScore® Rating
44/100
Units Available
12 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Century Garden. The average rent is $1,079, compared to the city average of $1,298. Century Garden is convenient to Boulder City Municipal, UNLV Arboretum, and Roseman University. The community is car-dependent with a WalkScore® of 32.
Braewood Village
Average Rent
$1,100/Month
Units Available
11 Rentals
Braewood Village is an affordable neighborhood in Las Vegas with an average rent price of $1,100. Compare this to the city average of $1,298. Braewood Village provides easy access to Nev. State Coll., Shadow Lane, Desert Inn Square, and Old Las Vegas Mormon State Historic Park.
Horizon Park
Average Rent
$1,100/Month
TransitScore® Rating
38/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Horizon Park might be the perfect place! It has an average rent price of $1,100, while the city’s average stands at $1,298. Horizon Park is near Harrah’S/The Linq Northbound, Flamingo / Caesars Northbound, and Westgate Southbound.
Metropolitans Woodland Park
Average Rent
$1,120/Month
Units Available
15 Rentals
Metropolitans Woodland Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Metropolitans Woodland Park is $1,120 while the city average is $1,298. Residents enjoy convenient access to Las Vegas Natural History Museum, Westgate Southbound, and Old Las Vegas Mormon State Historic Park.
Paradise Village
Average Rent
$1,127/Month
TransitScore® Rating
51/100
Units Available
13 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Paradise Village. The average rent is $1,127, compared to the city average of $1,298. Paradise Village is convenient to The Springs, Harrah’S/The Linq Northbound, and Old Las Vegas Mormon State Historic Park. The community is walkable with a WalkScore® of 82.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.