Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Las Vegas area can be challenging. Home prices in Las Vegas are now at a median cost of $130,021, lower than the New Mexico average of $199,923.
The average cost of rent is $636/mo in Las Vegas, primarily driven by the current value of real estate in the Las Vegas area. While nearly 53.61% of residents own their homes outright in Las Vegas, 40.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Las Vegas is $3,009 per month. Households that rent pay about 21.14% of their income on rent here. Las Vegas's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Romeroville, NM: higher priced homes
- Los Vigiles, NM: higher priced homes
- La Manga, NM: higher priced homes
- Montezuma, NM: higher priced homes
- Gabaldon, NM: higher priced homes
- Las Tusas, NM: higher priced homes
- San Pablo, NM: higher priced homes
- Mineral Hill, NM: higher priced homes
- Sapello, NM: higher priced homes
- Watrous, NM: less expensive homes
Cities with Similar Populations
- Leesville, LA: higher priced homes
- Mansfield, MA: higher priced homes
- Lockhart, TX: higher priced homes
- Livingston, CA: higher priced homes
- Live Oak, TX: higher priced homes
- Lindale, TX: higher priced homes
- Lihue, HI: higher priced homes
- Liberty, SC: higher priced homes
- Lewisville, NC: higher priced homes
- Lemay, MO: less expensive homes
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