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Expensive
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These days, finding an affordable place to live in the Downtown East area can be challenging. Home prices in Downtown East are now at a median cost of $258,538, lower than the Las Vegas average of $428,199.
The average cost of rent is $1,060/mo in Downtown East, primarily driven by the current value of real estate in the Downtown East area. In Downtown East, 81.23% of households rent, and 40.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown East is $3,822 per month. Households that rent pay about 27.73% of their income on rent here. Downtown East’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- East Las Vegas, Las Vegas, NV: equally priced homes
- Huntridge, Las Vegas, NV: higher priced homes
- Downtown, Las Vegas, NV: higher priced homes
- Cultural Corridor, Las Vegas, NV: equally priced homes
- Sunrise, Las Vegas, NV: higher priced homes
- University Medical Center, Las Vegas, NV: higher priced homes
- Vegas Heights, North Las Vegas, NV: higher priced homes
- West Las Vegas, Las Vegas, NV: higher priced homes
- Rancho Charleston, Las Vegas, NV: higher priced homes
- Twin Lakes, Las Vegas, NV: higher priced homes
Neighborhoods with Similar Populations
- fairwood, Spokane, WA: higher priced homes
- Iowa State University, Ames, IA: equally priced homes
- Southcrest, San Diego, CA: higher priced homes
- Shearer Hills-Ridgeview, San Antonio, TX: equally priced homes
- Robertson, Oakland, CT: equally priced homes
- Polish Village, Parma, OH: less expensive homes
- Northside, Riverside, CA: higher priced homes
- Forest Grove, Worcester, MA: higher priced homes
- Glencove, Vallejo, CA: higher priced homes
- Beverly, Toledo, OH: less expensive homes
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