Most Affordable Neighborhoods in Las Vegas, NV
Some of the cheapest neighborhoods in Las Vegas are Sunrise Manor, Paradise Valley East, and University District. These neighborhoods offer some of the lowest rent prices in Las Vegas, making them ideal for renters on a budget. As of April 29, 2025, the average rent in Las Vegas is $1,303, which is 0.8% 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.
Sunrise Manor
Average Rent
$1,266/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
40/100
Units Available
272 Rentals
Sunrise Manor offers budget-friendly living with breathtaking views of the nearby mountains. Outdoor enthusiasts will appreciate the easy access to Sunrise Mountain and the expansive Clark County Wetlands Park. The proximity to Nellis Air Force Base adds to the convenience and appeal of this community.
Paradise Valley East
Average Rent
$1,334/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
38/100
Units Available
259 Rentals
Paradise Valley East provides cost-effective living with ample recreational options. Paradise Park features sports courts, a pool, and playgrounds, perfect for outdoor activities. The neighborhood’s convenient access to Boulevard Mall ensures a variety of shopping and dining choices.
University District
Average Rent
$1,383/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
44/100
Units Available
717 Rentals
University District stands out for its affordability and close proximity to educational institutions. The area around the University of Nevada, Las Vegas (UNLV) features an array of cafes, bookstores, and cultural venues. Additionally, the Thomas & Mack Center hosts sports events and concerts, adding to the neighborhood's charm.
Whitney
Average Rent
$1,405/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
41/100
Units Available
181 Rentals
Whitney provides budget-friendly housing with natural beauty and recreational spaces. Whitney Mesa Nature Preserve offers hiking trails and scenic views. The neighborhood's convenient access to Sam Boyd Stadium ensures local sporting events are never far away.
Central Las Vegas
Average Rent
$1,432/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
50/100
Units Available
1,177 Rentals
Central Las Vegas combines affordable living with convenient access to key city amenities. The Arts District, known for its galleries and events, creates an enticing cultural atmosphere. Nearby, the Fremont Street Experience offers entertainment and dining options within reach.
Las Vegas Strip
Average Rent
$1,538/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
41/100
Units Available
1,304 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Las Vegas Strip might be the perfect place! It has an average rent price of $1,538, while the city’s average stands at $1,303. In the last year, prices have decreased by 1.7%. Las Vegas Strip is near Bally's/Paris Las Vegas Station, Roseman University, and Las Vegas Convention Center Station.
Michael Way
Average Rent
$1,604/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
39/100
Units Available
313 Rentals
Michael Way offers affordable living with ample green spaces and local amenities. With its fishing lake and sports facilities, Lorenzi Park provides a peaceful retreat. Residents can also take advantage of shopping and dining amenities, thanks to the convenient proximity of Meadows Mall.
Centennial Hills
Average Rent
$1,637/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
21/100
Units Available
591 Rentals
Centennial Hills, located in the picturesque northwest corner of Las Vegas, features notable landmarks like the Tule Springs Fossil Beds National Monument and Centennial Hills Park, which offers unique, fossil-themed trails and an amphitheater. With excellent transportation links, including the Centennial Bowl interchange and a well-connected transit center, plus top-rated schools like Centennial High School, this community is a great choice for renters.
Chinatown
Average Rent
$1,643/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
43/100
Units Available
366 Rentals
Chinatown stands out as an affordable neighborhood with a rich array of culinary delights. Spring Mountain Road is lined with diverse restaurants, markets, and shops offering authentic Asian culinary experiences. Additionally, easy access to the Las Vegas Strip adds to the neighborhood’s appeal.
Northwest Las Vegas
Average Rent
$1,654/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
23/100
Units Available
526 Rentals
Northwest Las Vegas combines budget-friendly housing with picturesque desert landscapes. Floyd Lamb Park at Tule Springs offers extensive trails and historic sites for exploration. Proximity to Centennial Center means shopping and dining options are always nearby.
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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.