Spring Valley source photograph

Living here

Average rent in Spring Valley

What renters actually pay, by number of bedrooms, and how Spring Valley compares with Nevada and the US.

Median rent

$1,642/mo

22% above US

1 bedroom

$1,382/mo

17% above US

2 bedrooms

$1,574/mo

18% above US

Renters paying 30%+ of income

54%

US 50%

Renter households

43,801

Rent by number of bedrooms

Studio$1,343a month13% above USIncome needed: $53,720/yr
1 bedroom$1,382a month17% above USIncome needed: $55,280/yr
2 bedrooms$1,574a month18% above USIncome needed: $62,960/yr
3 bedrooms$1,869a month25% above USIncome needed: $74,760/yr
4 bedrooms$2,189a month18% above USIncome needed: $87,560/yr
5+ bedrooms$2,463a month25% above USIncome needed: $98,520/yr

Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.

How Spring Valley compares

Studio: median rent
  • Spring Valley$1,343
  • Nevada$1,072
  • United States$1,185
1 bedroom: median rent
  • Spring Valley$1,382
  • Nevada$1,211
  • United States$1,180
2 bedrooms: median rent
  • Spring Valley$1,574
  • Nevada$1,423
  • United States$1,338
3 bedrooms: median rent
  • Spring Valley$1,869
  • Nevada$1,769
  • United States$1,500

Two-bedroom rent in nearby cities

Median 2-bedroom rent
Renters paying 30%+ of income

Nearby cities are other Local City Network guides in Nevada, nearest first.

What rent can you afford?

$

At 30% of income you can spend about $1,574 a month.

  • Studio $1,343
  • 1 bedroom $1,382
  • 2 bedrooms $1,574
  • 3 bedrooms $1,869
  • 4 bedrooms $2,189
  • 5+ bedrooms $2,463

Green means the median Spring Valley rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.

How stretched are renters?

54% of Spring Valley renters spend 30% or more of their income on rent, and 26% spend half or more. The typical renter household puts 31.8% of its income toward rent (US: 50% and 25%).

Rent by zip code

Median gross rent for each ZIP Code Tabulation Area that overlaps Spring Valley.

HUD fair market rents

Studio$1,310
1 bedroom$1,435
2 bedrooms$1,686
3 bedrooms$2,317
4 bedrooms$2,652

HUD’s 2027 fair market rents for Las Vegas-Henderson-North Las Vegas, NV MSA are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.

More on living in Spring Valley

Neighborhoods of Spring Valley

Southwest Las Vegas, Nevada, Spring Valley
Southwest Las Vegas, NevadaKen Lund from Reno, Nevada, USA · CC BY-SA 2.0
Las Vegas, Nevada West of the Strip, Spring Valley
Las Vegas, Nevada West of the StripKen Lund from Reno, Nevada, USA · CC BY-SA 2.0
Spring Valley High School entrance, Feb
Spring Valley High School entrance, FebSunnya343 · CC BY-SA 4.0

Questions

What is the average rent in Spring Valley?

The median gross rent (rent plus utilities) is $1,642 a month, 10% above the Nevada median and 22% above the national median.

How much is a one-bedroom apartment in Spring Valley?

The median one-bedroom rents for $1,382 a month (US: $1,180).

How much is a two-bedroom in Spring Valley?

The median two-bedroom rents for $1,574 a month (US: $1,338).

How much do you need to make to rent in Spring Valley?

Using the common 30% rule, a median two-bedroom ($1,574) takes a household income of about $62,960 a year, and a one-bedroom about $55,280.

Is rent affordable in Spring Valley?

About 54% of Spring Valley renters spend 30% or more of their income on rent, and 26% spend at least half (US: 50% and 25%).

Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.

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