Rentometer, Inc. | Data as of 10/23/2025
Paradise, Nevada, nestled just east of the iconic Las Vegas Strip, offers a dynamic rental market that blends urban excitement with comfortable residential neighborhoods. The city’s proximity to world‑class entertainment, the University of Nevada, Las Vegas, and a variety of dining and retail options makes it a sought‑after location for professionals, students, and families alike. Its well‑connected streets and easy access to public transit add to the convenience of everyday life, positioning Paradise as a vibrant hub for renters seeking both energy and ease.
The rental landscape features a balanced mix of apartments and single‑family homes, catering to a wide spectrum of lifestyle preferences. Studio apartments typically fall in the $900s, while one‑bedroom units are commonly found in the $1,200‑$1,300 range. Two‑bedroom apartments often sit between $1,500 and $1,600, and three‑bedroom options generally range from $1,800 to $1,900. Larger four‑plus bedroom apartments also hover around the $1,800‑$1,900 mark, reflecting the city’s diverse floor‑plan offerings. For those leaning toward houses, one‑bedroom homes are generally priced in the $1,500‑$1,600 bracket, two‑bedroom homes around $1,800‑$1,900, three‑bedroom homes in the $2,100‑$2,300 range, and larger four‑plus bedroom properties often command $2,700‑$3,100, providing ample space for growing families or those desiring extra room.
Neighborhoods such as Winchester, Westward, and the University District each bring distinct character—ranging from bustling, walkable streets near the Strip to quieter, family‑friendly streets lined with parks and schools. Popular attractions like the Paradise Palms amphitheater and nearby shopping centers enhance the livability of the area. Whether you’re seeking a modern apartment steps from nightlife or a spacious house in a tranquil subdivision, Paradise’s rental market delivers a variety of high‑quality housing options tailored to the needs of today’s renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $864 | $817 | $311 - $1,740 | $599 - $1,112 |
| Apartment | 1 Bedroom | $1,368 | $1,172 | $250 - $8,500 | $1,035 - $1,415 |
| Apartment | 2 Bedroom | $1,572 | $1,402 | $1,000 - $4,100 | $1,250 - $1,703 |
| Apartment | 3 Bedroom | $1,845 | $1,707 | $1,250 - $3,000 | $1,600 - $2,039 |
| Apartment | 4+ Bedroom | $1,809 | $1,775 | $869 - $2,700 | $1,720 - $1,985 |
| House | 1 Bedroom | $1,761 | $1,690 | $1,595 - $2,000 | $1,595 - $2,000 |
| House | 2 Bedroom | $1,793 | $1,800 | $1,150 - $3,000 | $1,550 - $1,900 |
| House | 3 Bedroom | $2,318 | $2,155 | $700 - $4,500 | $1,995 - $2,495 |
| House | 4+ Bedroom | $2,947 | $2,700 | $500 - $7,000 | $2,395 - $3,200 |
In the current period, the average rent in Paradise was $865 for Studio, $1,379 for 1 Bedroom, $1,611 for 2 Bedroom, $2,202 for 3 Bedroom, and $2,690 for 4+ Bedroom.
Data provided by Rentometer, Inc.