Average Rent In Nevada For April 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-04-21
$1,540
Average Rent
$0.991
Average $/sqft

What is the average rent in Nevada?

According to the most recent data from Zillow, the average rent in Nevada for April 2020 is $1,540. With an averge apartment size of 1,554 sqft, the average price per square foot in Nevada is $0.991.

Compared to the national average of $1,650, Nevada rent costs -6.7% less. Read our analysis of rents by state to see how Nevada ranks.

Here's a look at how average rents have changed over time:

Cheapest Places To Live In Nevada

How Does Nevada Rent Compare To The Rest Of The Country?

StatisticNVUSA% Difference
Average Rent $1,540$1,650 -6.7%
Average $/sqft $0.991$1.135 -12.7%
M-o-M Change $-10$0 -inf%
Y-o-Y Change $40$5 700.0%
M-o-M % Change -0.6%0.0% -
Y-o-Y % Change 2.7%0.3% -

Median Rent By Bedrooms In Nevada

$0
Studio
$1,090
1-Bedroom
$1,278
2-Bedroom
$1,550
3-Bedroom
$1,775
4-Bedroom

As you would expect, the median price for rent in Nevada increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Nevada clocking in at $0, while a four bedroom rental will set you back $1,775 per month.

We think the best deal comes in the form of a two bedroom for $1,278 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $443/room/month.

Read on to find out more or for more on Nevada check out:

Month Over Month Nevada Rent Statistics

$-10
M-o-M Increase
-0.6%
M-o-M Increase

Nevada has experienced a $-10 change in rent over the past month going from $1,550 to $1,540. That change comes out to -0.6%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Nevada:

Year Over Year Nevada Rent Statistics

$40
Y-o-Y Increase
2.7%
Y-o-Y Increase

Over the past year, the average rent in Nevada changed $40 from $1,500 to $1,540. A change of $40 means that rents changed 2.7% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Nevada:

The 10 Places With The Highest Rent In Nevada

Henderson, NV

Population: 284,817
Median Rent: $1,266
More on Henderson: Real Estate | Data | Photos

North Las Vegas, NV
Source: Public domain

Population: 234,389
Median Rent: $1,219
More on North Las Vegas: Real Estate | Data | Photos

Fernley, NV

Population: 19,261
Median Rent: $1,108
More on Fernley: Real Estate | Data | Photos

Las Vegas, NV

Population: 621,662
Median Rent: $1,095
More on Las Vegas: Real Estate | Data | Photos

Sparks, NV

Population: 96,786
Median Rent: $1,066
More on Sparks: Real Estate | Data | Photos

Carlin, NV

Population: 2,361
Median Rent: $1,064
More on Carlin: Real Estate | Data | Photos

Boulder City, NV

Population: 15,648
Median Rent: $1,053
More on Boulder City: Real Estate | Data | Photos

Elko, NV

Population: 20,225
Median Rent: $1,034
More on Elko: Real Estate | Data | Photos

Reno, NV

Population: 239,732
Median Rent: $969
More on Reno: Real Estate | Data | Photos

Carson City, NV
Source: Public domain

Population: 54,219
Median Rent: $928
More on Carson City: Real Estate | Data | Photos

Learn More About Living In Nevada

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

Enjoy The Snack?