Rental Markets in Nevada
DoorBase tracks rental market data across Nevada by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.
Nevada Rental Market Overview
The current sample of indexable Nevada ZIP markets shows average median rent of $1,811, average median home value of $468,927, average cap-rate high of 3.7%, average vacancy of 8.4%, renter ratio near 38.5%, and median household income around $80,341. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.
Nevada is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.
Featured Nevada ZIP Markets
| ZIP | City | Rent | Cap Rate | Vacancy | Population |
|---|
| 89031 |
North Las Vegas |
$2,053 |
2.8-4.4% |
5.1% |
75,097 |
| 89108 |
Las Vegas |
$1,435 |
2.1-3.7% |
6.2% |
74,566 |
| 89110 |
Las Vegas |
$1,332 |
1.9-3.5% |
10.2% |
67,259 |
| 89121 |
Las Vegas |
$1,306 |
1.9-3.5% |
17.2% |
67,090 |
| 89115 |
Las Vegas |
$1,428 |
2.4-4% |
9.4% |
66,773 |
| 89148 |
Las Vegas |
$1,922 |
2.2-3.8% |
5.6% |
64,013 |
| 89052 |
Henderson |
$1,927 |
1.5-3.1% |
6.6% |
59,542 |
| 89123 |
Las Vegas |
$1,780 |
2.2-3.8% |
8.8% |
57,693 |
| 89147 |
Las Vegas |
$1,770 |
2.3-3.9% |
5.9% |
56,108 |
| 89117 |
Las Vegas |
$1,595 |
1.6-3.2% |
9.8% |
55,832 |
| 89129 |
Las Vegas |
$1,843 |
2.2-3.8% |
4.2% |
54,575 |
| 89122 |
Las Vegas |
$1,627 |
2.5-4.1% |
11.6% |
53,075 |
| 89030 |
North Las Vegas |
$1,267 |
2.2-3.8% |
7.8% |
52,545 |
| 89074 |
Henderson |
$1,746 |
1.9-3.5% |
7.6% |
51,843 |
| 89119 |
Las Vegas |
$1,323 |
2.8-4.4% |
11.7% |
50,585 |
| 89131 |
Las Vegas |
$2,094 |
2-3.6% |
4.1% |
50,578 |
| 89103 |
Las Vegas |
$1,418 |
3.2-4.8% |
14.3% |
49,546 |
| 89436 |
Sparks |
$2,336 |
2.1-3.7% |
4.8% |
48,221 |
| 89032 |
North Las Vegas |
$1,758 |
2.5-4.1% |
6.2% |
48,055 |
| 89502 |
Reno |
$1,489 |
1.6-3.2% |
7.6% |
45,708 |
| 89506 |
Reno |
$2,137 |
2.6-4.2% |
6.7% |
45,349 |
| 89149 |
Las Vegas |
$1,755 |
1.8-3.4% |
5.3% |
45,009 |
| 89139 |
Las Vegas |
$1,946 |
2.3-3.9% |
6.3% |
44,501 |
| 89101 |
Las Vegas |
$1,133 |
1.8-3.4% |
12.4% |
44,199 |
| 89015 |
Henderson |
$1,845 |
2.5-4.1% |
6.8% |
43,762 |
| 89014 |
Henderson |
$1,461 |
1.8-3.4% |
7.2% |
42,138 |
| 89141 |
Las Vegas |
$2,108 |
2.2-3.8% |
5.3% |
41,181 |
| 89431 |
Sparks |
$1,754 |
2.3-3.9% |
8.6% |
40,772 |
| 89521 |
Reno |
$2,481 |
1.7-3.3% |
4.6% |
40,537 |
| 89104 |
Las Vegas |
$1,324 |
1.9-3.5% |
10.5% |
39,883 |
| 89128 |
Las Vegas |
$1,711 |
2.4-4% |
6.6% |
39,397 |
| 89012 |
Henderson |
$1,962 |
1.9-3.5% |
5.3% |
38,081 |
| 89102 |
Las Vegas |
$1,344 |
1.8-3.4% |
10.2% |
37,540 |
| 89113 |
Las Vegas |
$1,867 |
2.1-3.7% |
7.5% |
37,313 |
| 89002 |
Henderson |
$2,078 |
2.4-4% |
3.5% |
37,238 |
| 89523 |
Reno |
$2,209 |
1.7-3.3% |
4% |
37,167 |
| 89084 |
North Las Vegas |
$1,993 |
2.4-4% |
5.3% |
37,097 |
| 89107 |
Las Vegas |
$1,341 |
2-3.6% |
8% |
37,087 |
| 89011 |
Henderson |
$1,833 |
2-3.6% |
9.7% |
35,910 |
| 89509 |
Reno |
$1,725 |
1-2.6% |
8.1% |
35,877 |
| 89142 |
Las Vegas |
$1,506 |
2.2-3.8% |
10.1% |
35,298 |
| 89130 |
Las Vegas |
$1,904 |
2.3-3.9% |
4.9% |
35,152 |
| 89135 |
Las Vegas |
$2,479 |
1.7-3.3% |
8.5% |
31,432 |
| 89156 |
Las Vegas |
$1,573 |
2.4-4% |
7.7% |
31,026 |
| 89503 |
Reno |
$1,865 |
2-3.6% |
6.7% |
30,740 |
| 89511 |
Reno |
$2,102 |
0.6-2.2% |
6.3% |
30,214 |
| 89701 |
Carson City |
$2,088 |
2.3-3.9% |
4.4% |
28,400 |
| 89512 |
Reno |
$1,650 |
2.5-4.1% |
8.9% |
28,133 |
| 89434 |
Sparks |
$2,155 |
2.4-4% |
7.3% |
27,798 |
| 89145 |
Las Vegas |
$1,907 |
2.8-4.4% |
8.1% |
26,675 |
| 89106 |
Las Vegas |
$1,597 |
2.6-4.2% |
10.3% |
26,440 |
| 89801 |
Elko |
$1,788 |
2.7-4.3% |
9.1% |
26,070 |
| 89406 |
Fallon |
$1,581 |
2.1-3.7% |
10.5% |
25,536 |
| 89048 |
Pahrump |
$1,386 |
1.9-3.5% |
11.6% |
25,473 |
| 89408 |
Fernley |
$1,988 |
2.8-4.4% |
3.9% |
24,025 |
| 89120 |
Las Vegas |
$1,409 |
1.7-3.3% |
6.9% |
23,797 |
| 89138 |
Las Vegas |
$2,884 |
1.9-3.5% |
5.3% |
23,650 |
| 89134 |
Las Vegas |
$2,296 |
2.6-4.2% |
9.1% |
23,503 |
| 89433 |
Sun Valley |
$2,684 |
3.6-5.2% |
4.3% |
23,385 |
| 89118 |
Las Vegas |
$1,650 |
2.9-4.5% |
9.7% |
23,299 |
Notable ZIP Markets in This Sample
The highest estimated cap-rate band in this sample tops out at 5.2% in ZIP 89433 (Sun Valley).
The lowest vacancy in this sample is 1.8% in ZIP 89143 (Las Vegas).
The highest median rent in this sample is $4,290 in ZIP 89451 (Incline Village).
The highest median household income in this sample is $162,300 in ZIP 89451 (Incline Village).
Rental Markets by City
Las Vegas
Las Vegas has 35 ZIP codes in this sample. Median rents range from $1,133 to $2,884. Estimated cap-rate bands reach up to 4.8% at the high end. Vacancy averages 8.2%. See ZIP 89108 for the full market profile.
Reno
Reno has 9 ZIP codes in this sample. Median rents range from $1,489 to $2,481. Estimated cap-rate bands reach up to 4.2% at the high end. Vacancy averages 7.0%. See ZIP 89502 for the full market profile.
Henderson
Henderson has 7 ZIP codes in this sample. Median rents range from $1,461 to $2,078. Estimated cap-rate bands reach up to 4.1% at the high end. Vacancy averages 6.7%. See ZIP 89052 for the full market profile.
North Las Vegas
North Las Vegas has 5 ZIP codes in this sample. Median rents range from $1,267 to $2,053. Estimated cap-rate bands reach up to 4.4% at the high end. Vacancy averages 6.8%. See ZIP 89031 for the full market profile.
Sparks
Sparks has 4 ZIP codes in this sample. Median rents range from $1,754 to $2,900. Estimated cap-rate bands reach up to 4.0% at the high end. Vacancy averages 6.1%. See ZIP 89436 for the full market profile.
Carson City
Carson City has 3 ZIP codes in this sample. Median rents range from $1,574 to $2,455. Estimated cap-rate bands reach up to 3.9% at the high end. Vacancy averages 4.9%. See ZIP 89701 for the full market profile.
Pahrump
Pahrump has 2 ZIP codes in this sample. Median rents range from $1,371 to $1,386. Estimated cap-rate bands reach up to 3.8% at the high end. Vacancy averages 10.7%. See ZIP 89048 for the full market profile.
Elko
Elko has 1 ZIP code in this sample. Sample median rent is $1,788. Estimated cap-rate bands reach up to 4.3% at the high end. Vacancy averages 9.1%. See ZIP 89801 for the full market profile.
Fallon
Fallon has 1 ZIP code in this sample. Sample median rent is $1,581. Estimated cap-rate bands reach up to 3.7% at the high end. Vacancy averages 10.5%. See ZIP 89406 for the full market profile.
Fernley
Fernley has 1 ZIP code in this sample. Sample median rent is $1,988. Estimated cap-rate bands reach up to 4.4% at the high end. Vacancy averages 3.9%. See ZIP 89408 for the full market profile.
Sun Valley
Sun Valley has 1 ZIP code in this sample. Sample median rent is $2,684. Estimated cap-rate bands reach up to 5.2% at the high end. Vacancy averages 4.3%. See ZIP 89433 for the full market profile.
Mesquite
Mesquite has 1 ZIP code in this sample. Sample median rent is $1,289. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 20.6%. See ZIP 89027 for the full market profile.
How to Use the Nevada Directory
Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.
The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.
State Coverage and Internal Links
This page links into the canonical ZIP URL structure, such as /rentals/nv/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.
DoorBase currently tracks 80 sampled ZIP markets across 22 Nevada cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.
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