Home prices
The cost of the median home in Las Vegas is $258,600. In comparison to nearby areas it is about $34,500 (15%) higher.Compared to the rest of the nation it is about $41,100 (18%) higher.
Rents
The median monthly rent in Las Vegas is $1,102. In comparison to its surrounding areas it is about $172 (13%) lower.It is approximately $40 (3%) higher compared to the rest of the country.
Nearby places
Summerlin South
Summerlin South is Las Vegas's neighbor to the southwest. The housing prices there are a lot more expensive. The median home in Summerlin South is valued at $426,400, which comes out to $167,800 (39%) higher than Las Vegas. Rents there are substantially more expensive. The median monthly rent in Summerlin South is $1,800, which works out to $698 (38%) higher than Las Vegas.
North Las Vegas
North Las Vegas is Las Vegas's neighbor to the northeast. The housing prices there are somewhat less expensive. The median home in North Las Vegas is valued at $233,600, which comes out to $25,000 (10%) lower than Las Vegas. The rent there is somewhat more expensive. North Las Vegas's median monthly rent is $1,206, which is $104 (8%) higher than Las Vegas.
Winchester
Winchester is Las Vegas's neighbor to the southeast. Housing prices there are a lot less expensive. The median home in Winchester costs $162,400, which is $96,200 (59%) lower than Las Vegas. Its rents are somewhat less expensive. In Winchester the median monthly rent is $933, which comes out to $169 (18%) lower than Las Vegas.
Spring Valley
Spring Valley is Las Vegas's neighbor to the south. The housing prices there are pretty similar. The price of the median home in Spring Valley is $262,000, which works out to $3,400 (1%) higher than Las Vegas. The rent there is a bit more expensive. Spring Valley's median rent is $1,191 a month, which is $89 (7%) higher than Las Vegas.
Sunrise Manor
Sunrise Manor is Las Vegas's neighbor to the east. Real estate prices there are a lot less expensive. The median home in Sunrise Manor is valued at $170,700, which works out to $87,900 (51%) lower than Las Vegas. Rent there is somewhat less expensive. The median monthly rent in Sunrise Manor is $958, which is $144 (15%) lower than Las Vegas.
Nellis AFB
Nellis AFB is approximately 10 miles east of Las Vegas. Its real estate prices are significantly less expensive. The median home in Nellis AFB costs $89,500, which is $169,100 (188%) lower than Las Vegas. Its rents are a little more expensive. The median monthly rent in Nellis AFB is $1,558, which comes out to $456 (29%) higher than Las Vegas.