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.