Cheapest Neighborhoods in Las Vegas, NV
Some of the cheapest neighborhoods in Las Vegas are Downtown East, Paradise Palms, and Sunrise Manor. These neighborhoods offer some of the lowest rent prices in Las Vegas, making them ideal for renters on a budget. As of June 26, 2026, the average rent in Las Vegas is $1,276, which is 2.7% 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.
Downtown East
Average Rent
$1,014/Month
Year-Over-Year Rent Change
8.6%
Units Available
69 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Downtown East might be the perfect place! It has an average rent price of $1,014, while the city’s average stands at $1,276. In the last year, prices have decreased by 8.6%. Downtown East is near Harry Reid International, Plaza Del Vegas, and Old Las Vegas Mormon State Historic Park.
Paradise Palms
Average Rent
$1,133/Month
Year-Over-Year Rent Change
8.1%
Units Available
60 Rentals
Paradise Palms is a top choice for budget-conscious renters for a variety of reasons. The average rent in Paradise Palms is $1,133 while the city average is $1,276. This is a -8.1% difference from last year. Residents enjoy convenient access to UNLV, Flamingo/Caesars Palace Station, and UNLV Arboretum.
Sunrise Manor
Average Rent
$1,147/Month
Year-Over-Year Rent Change
0.2%
Units Available
390 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.
Winchester
Average Rent
$1,168/Month
Year-Over-Year Rent Change
3.3%
Units Available
164 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Winchester. The average rent is $1,168, compared to the city average of $1,276. Rent prices have decreased by 3.3%. Winchester is convenient to Old Las Vegas Mormon State Historic Park, UNLV Arboretum, and Pecos Mcleod Plaza.
University District
Average Rent
$1,170/Month
Year-Over-Year Rent Change
5.2%
Units Available
784 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.
East Las Vegas
Average Rent
$1,175/Month
Year-Over-Year Rent Change
1.7%
Units Available
108 Rentals
East Las Vegas is an affordable neighborhood in Las Vegas with an average rent price of $1,175. Compare this to the city average of $1,276. In the past year, rent prices have increased by 1.7%. East Las Vegas provides easy access to College of Southern Nevada Planetarium, UNLV, and Las Vegas Convention Center Station.
Midtown Las Vegas
Average Rent
$1,176/Month
Year-Over-Year Rent Change
2.6%
Units Available
90 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Midtown Las Vegas might be the perfect place! It has an average rent price of $1,176, while the city’s average stands at $1,276. In the last year, prices have increased by 2.6%. Midtown Las Vegas is near Springs Preserve, Las Vegas Convention Center Station, and Las Vegas Hilton Station.
Rancho Oakey
Average Rent
$1,220/Month
Year-Over-Year Rent Change
10.4%
Units Available
119 Rentals
Rancho Oakey is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rancho Oakey is $1,220 while the city average is $1,276. This is a -10.4% difference from last year. Residents enjoy convenient access to Old Las Vegas Mormon State Historic Park, Boulder City Municipal, and Harrah's/Imperial Palace Station.
Northwest Area
Average Rent
$1,265/Month
Units Available
30 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Northwest Area. The average rent is $1,265, compared to the city average of $1,276. Northwest Area is convenient to Northridge Plaza, Las Vegas Hilton Station, and Las Vegas Natural History Museum.
Charleston Preservation
Average Rent
$1,266/Month
Year-Over-Year Rent Change
0.6%
Units Available
45 Rentals
Charleston Preservation is an affordable neighborhood in Las Vegas with an average rent price of $1,266. Compare this to the city average of $1,276. In the past year, rent prices have increased by 0.6%. Charleston Preservation provides easy access to UNLV, Boulder City Municipal, and Harry Reid International.
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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.