Best Affordable Neighborhoods in Las Vegas, NV
Some of the cheapest neighborhoods in Las Vegas are Richfield Village, Silverado Village, and Summit Hills. These neighborhoods offer some of the lowest rent prices in Las Vegas, making them ideal for renters on a budget. As of December 27, 2025, the average rent in Las Vegas is $1,262, which is 2.9% 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.
Richfield Village
Average Rent
$838/Month
Units Available
37 Rentals
Richfield Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Richfield Village is $838 while the city average is $1,262. Residents enjoy convenient access to 2800 W Sahara Ave, Harrah's/Imperial Palace Station, and Sahara West Center.
Silverado Village
Average Rent
$955/Month
TransitScore® Rating
45/100
Units Available
36 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Silverado Village. The average rent is $955, compared to the city average of $1,262. Silverado Village is convenient to Mgm Grand Station, Shark Reef at Mandalay Bay, and Harry Reid International. The community is somewhat walkable with a WalkScore® of 64.
Summit Hills
Average Rent
$990/Month
Units Available
16 Rentals
Summit Hills is an affordable neighborhood in Las Vegas with an average rent price of $990. Compare this to the city average of $1,262. Summit Hills provides easy access to Simmons Plaza, Las Vegas Natural History Museum, and Las Vegas Hilton Station.
Paradise Park
Average Rent
$998/Month
TransitScore® Rating
51/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Paradise Park might be the perfect place! It has an average rent price of $998, while the city’s average stands at $1,262. Paradise Park is near Las Vegas Natural History Museum, Southern Nevada, Charleston, and Southern Nevada, Cheyenne.
Downtown East
Average Rent
$999/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
46/100
Units Available
54 Rentals
Downtown East is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown East is $999 while the city average is $1,262. This is a -6.4% difference from last year. Residents enjoy convenient access to Harry Reid International, Kessler Music, and DISCOVERY Children's Museum. The neighborhood is considered somewhat walkable with a WalkScore® of 65.
Century Garden
Average Rent
$1,039/Month
TransitScore® Rating
44/100
Units Available
16 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Century Garden. The average rent is $1,039, compared to the city average of $1,262. Century Garden is convenient to University Plaza, Boulder City Municipal, and Bally's/Paris Las Vegas Station. The community is car-dependent with a WalkScore® of 32.
The Crossings at Lake Mead
Average Rent
$1,043/Month
TransitScore® Rating
41/100
Units Available
22 Rentals
The Crossings at Lake Mead is an affordable neighborhood in Las Vegas with an average rent price of $1,043. Compare this to the city average of $1,262. The Crossings at Lake Mead provides easy access to Old Las Vegas Mormon State Historic Park, Nev. State Coll., Shadow Lane, and DISCOVERY Children's Museum. It’s a somewhat walkable neighborhood with a WalkScore® of 57.
Village Green Condominium
Average Rent
$1,045/Month
TransitScore® Rating
46/100
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Las Vegas, Village Green Condominium might be the perfect place! It has an average rent price of $1,045, while the city’s average stands at $1,262. Village Green Condominium is near Las Vegas Convention Center Station, Southern Nevada, Cheyenne, and Boulder City Municipal.
Midtown Las Vegas
Average Rent
$1,048/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
47/100
Units Available
114 Rentals
Midtown Las Vegas is a top choice for budget-conscious renters for a variety of reasons. The average rent in Midtown Las Vegas is $1,048 while the city average is $1,262. This is a 0.9% difference from last year. Residents enjoy convenient access to UNLV, Sahara Shopping Center, and Sunrise City Plaza. The neighborhood is considered walkable with a WalkScore® of 74.
Meadow Acres
Average Rent
$1,051/Month
TransitScore® Rating
45/100
Units Available
13 Rentals
When you’re looking for a great Las Vegas neighborhood on a budget, check out Meadow Acres. The average rent is $1,051, compared to the city average of $1,262. Meadow Acres is convenient to Kessler Music, Boulder City Municipal, and Las Vegas Convention Center Station. The community is somewhat walkable with a WalkScore® of 56.
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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.