North Las Vegas, NV

Clark County ยท Pop. 268,767

Ranked #132 of 243 cities

38Crisis

Median Home Price

๐Ÿ 

$360K

4.5% YoY

Median Rent

๐Ÿ”‘

$1,450

3.5% YoY

Median Income

๐Ÿ’ฐ

$55K

Rent Burden

๐Ÿ“Š

33.5%

% of income to rent

Income to Buy

๐Ÿฆ

$104K

annual income needed

Income to Rent

๐Ÿ“

$58K

annual income needed

Price-to-Income

โš–๏ธ

6.5x

Homeownership

๐Ÿก

58.0%

Rent vs. Buy

Buy

$1,916/mo

Est. mortgage (7%, 20% down)

Need $104K/yr income

Rent

$1,450/mo

Median rent

Need $58K/yr income

How North Las Vegas Compares

MetricNorth Las VegasNevadaNational
Home Price$360K$441K$410K
Rent$1,450$1,622$1,500
Income$55K$76K$75K
Rent Burden33.5%36.0%30.0%

Key Takeaways

  • โ€ข Home prices in North Las Vegas are 12% lower than the national average.
  • โ€ข Rent is 3% lower than the national average.
  • โ€ข You need an income of $104K to comfortably buy a home here.
  • โ€ข The homeownership rate is 58.0%, compared to 65.0% nationally.