Counties / Nevada / Clark County

Clark County, NV

FIPS 32003 · population 2,329,548 · part of Las Vegas, NV

$430k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Clark County, NV?

The latest county-level Zillow ZORI is $1,748 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$1,7482026-06 · up 0.2% year over year
County ACS gross rent$1,626ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$1,735FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Clark County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$1,333Clark County, NVHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$1,478Clark County, NVHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$1,735Clark County, NVHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$2,413Clark County, NVHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$2,764Clark County, NVHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$430k
▼ 2.9% year over year
Zillow ZHVI · direct
Median asking rent
$1,748
▲ 0.2% year over year
Zillow ZORI · direct
Gross yield
4.9%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,735
market rent is 1.01x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+53.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06−2.9%FHFA HPI2025+1.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$431k
Surveyed gross rent$1,626
Rent burden 30%+57.7%
Median year built1998
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
9.1%vacant
948,995estimated housing units
Occupied tenure42.2% renter
owner 57.8%renter 42.2%
Structure mix65.9% single-family
Single-family 65.9%20+ units 11.6%Mobile home 2.7%Other 19.7%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs1,139,910▲ 1.3% from the prior annual release
Covered establishments69,876annual average reporting locations
Average weekly wage$1,298▲ 3.8% from the prior annual release
Largest private supersectorLeisure and hospitality29.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.3%WEEKLY WAGE+3.8%Leisure and hospitality29.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Clark CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$35k$70k196919972024$5k$67k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Clark CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI69,20075.9% burdened30–50% HAMFI55,65590.6% burdened50–80% HAMFI78,87069.6% burdened80–100% HAMFI42,58535.5% burdenedAbove 100% HAMFI118,3506.5% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Clark County, NV

These Apartment List observations match the exact county Census code 32003. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,586$1,501$1,4162021-082026-07
Recent-lease rent$1,4262026-07 · -3.4% year over year
Rental vacancy7.5%2026-07 · +0.7 percentage points year over year
Time on market30 days2026-07 · -0.6 days year over year
County brief

What the local evidence says

01Decision frame

Clark County’s decision tension is a softer Zillow county value signal alongside positive FHFA index movement. In Zillow’s 2026-06 county observation, median home value was $430,435, down 2.85% year over year; FHFA’s annual 2025 repeat-transaction HPI was up 1.63%. These are different vintages and methods, not one appreciation measure. Investors should investigate asset-level income and costs; buyers relying on one price-direction signal should be cautious.

02Housing economics

Measured median asking rent is $1,748 per month, and the reported gross yield is 4.87%, an annual market-rent-to-price measure before operating costs. The effective property-tax rate is 0.48%, a carrying cost against that gross screen. HUD’s two-bedroom FMR is separately a payment standard, not an asking-rent estimate; it cannot replace measured market rent.

03Demand & competition

In Realtor.com’s 2026-06 MLS listing market, 10,140 listings were active, median marketing time was 55 days, and 23.32% had price reductions. These are visible supply and seller concessions, not closed-sale prices or proof of buyer demand. Net migration was positive and in-movers had higher average income than out-movers. Non-occupant mortgage purchases represented 11.98% of 30,759 purchases, making investors a defined share rather than the whole purchase pool. The 2025 QCEW identifies Leisure and hospitality as the largest disclosed private supersector; it measures annual covered jobs at county workplaces, not resident employment.

04Risk & next checks

Inland flood is the dominant hazard; modeled expected annual climate loss equals 0.12% of building value, a portfolio screen rather than an address-level quote. The price-method split, listing evidence, and countywide migration do not resolve submarket rent, vacancy, building condition, insurance, flood zone, debt terms, or operating expenses. Without those records, underwriting cannot determine NOI, debt coverage, or property-specific flood cost. Next checks are address-level flood and insurance review, executed-rent and lease-up comparables, tax assessment, and actual expense records.

County ZIP rental landscape

How asking rent and renter pressure vary inside Clark County, NV

This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$1,145$1,973Zillow asking-rent index
Monthly spread$828highest minus lowest selected ZIP
Observed burden range49.3%61.2%ACS renter households paying 30%+
Renter households covered145,779across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.89052$1,97389148$1,90189147$1,74789117$1,62089103$1,43489115$1,41689108$1,39789121$1,38989102$1,38189119$1,36689030$1,34789101$1,145
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.63.7%59.5%55.3%51.0%46.8%891198910389108891158910189117891218914789102891488905289030Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.89052+113.7%89148+109.6%89147+100.7%89117+93.4%89103+82.7%89115+81.6%89108+80.5%89121+80.1%89102+79.6%89119+78.7%89030+77.6%89101+66.0%
WHAT THE LOCAL DISTRIBUTION SAYS

Among the 12 selected direct-evidence ZIP/ZCTA matches, Zillow’s ZORI ranges from $1,145 to $1,973, with a $1,406.50 midpoint and an $828 spread. That range is broad relative to Clark County’s $1,748 ZORI, so the practical question is not a countywide rent, but which current asking-rent band a household can carry while weighing separate affordability and vacancy measures. At the lower end, a smaller current asking-rent index can reduce the income screen; at the upper end, it requires a larger income screen. The distribution therefore supports ZIP/ZCTA-level comparison before a household narrows its property search, rather than applying the county figure to every location.

Do not combine Zillow, ACS and HUD values into a single price series. ZORI is a typical observed asking-rent index, and its annual changes in this set extend from a 1.4% decline to a 2.7% increase. ACS five-year ZCTA median gross rent instead ranges from $1,083 to $1,991 and is a survey estimate rather than a current asking-rent quote. HUD’s two-bedroom Fair Market Rent is $1,735 throughout the displayed set, an administrative bedroom-specific standard rather than an asking rent. The ZORI-to-HUD comparison runs from 66.0% to 113.7%, which can frame a program-standard comparison but cannot make these measures interchangeable.

Affordability and availability indicators call for another screen, not a conclusion from rent alone. The ACS five-year share of renter households paying 30% or more of income for rent ranges from 49.3% to 61.2%, against 57.7% countywide. Separately, ACS vacancy ranges from 5.5% to 16.9%, compared with the county’s 9.1%. The annual income implied by allocating 30% to the current ZORI spans $45,800 to $78,920, whereas the ZIP/ZCTA median household-income range is $39,459 to $97,999. These are area measures, not a finding about any applicant: a lower asking-rent index does not by itself resolve burden, and a higher vacancy estimate does not establish a currently available unit.

Coverage and geography limit how far the comparison travels. The 12 shown matches were selected from 56 eligible direct-ZORI ZIP/ZCTA matches and cover 145,779 renter households; they are not an exhaustive county or local inventory. Each displayed ZIP is assigned to Clark County using the largest HUD residential-address share, but ZIPs can cross county lines. Census ZCTAs are statistical areas, not the same as USPS delivery ZIPs, and ACS estimates are five-year survey estimates. Before choosing a property, confirm the unit’s asking rent, bedroom count, availability date, utilities and mandatory fees, lease term, household eligibility, and any relevant program rules directly with the provider.

Selected ZIP evidence

Keep each source universe visible

56 ZIP profiles passed the county gate; the 12 with the most renter households are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
89119$1,366$1,252$1,73557.1%11.8%$55k100.0%
89103$1,434$1,406$1,73556.7%13.9%$57k100.0%
89108$1,397$1,554$1,73557.5%7.1%$56k100.0%
89115$1,416$1,412$1,73561.2%8.8%$57k100.0%
89101$1,145$1,083$1,73555.0%12.8%$46k100.0%
89117$1,620$1,802$1,73557.5%8.7%$65k100.0%
89121$1,389$1,383$1,73557.7%16.9%$56k100.0%
89147$1,747$1,807$1,73554.0%6.0%$70k100.0%
89102$1,381$1,284$1,73556.7%10.9%$55k100.0%
89148$1,901$1,991$1,73549.3%5.5%$76k100.0%
89052$1,973$1,961$1,73555.9%5.8%$79k100.0%
89030$1,347$1,189$1,73551.4%8.0%$54k100.0%
READ BEFORE USING

Zillow ZORI is a typical observed asking-rent index, not a lease-specific quote or a census of every unit. It should not be substituted for ACS median gross rent or HUD FMR, which represent different evidence universes and purposes.

ACS ZCTA rent, income, burden and vacancy figures are five-year survey estimates, while ZCTAs are not USPS delivery ZIPs. ZIPs may cross county lines; the packet’s display assignment uses the county with the largest HUD residential-address share, and the selected set is not exhaustive.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Clark County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Las Vegas city660.4KHenderson city332.1KNorth Las Vegas city278.6KEnterprise CDP240.5KSpring Valley CDP219.2KSunrise Manor CDP200.2KParadise CDP185.9KWhitney CDP47.2K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

25 Census places

Population
  1. 01
    Las Vegas cityIncorporated place
    660,400
  2. 02
    Henderson cityIncorporated place
    332,141
  3. 03
    North Las Vegas cityIncorporated place
    278,595
  4. 04
    Enterprise CDPCensus-designated place
    240,464
  5. 05
    Spring Valley CDPCensus-designated place
    219,187
  6. 06
    Sunrise Manor CDPCensus-designated place
    200,218
  7. 07
    Paradise CDPCensus-designated place
    185,913
  8. 08
    Whitney CDPCensus-designated place
    47,221
  9. 09
    Winchester CDPCensus-designated place
    37,081
  10. 10
    Summerlin South CDPCensus-designated place
    31,354
  11. 11
    Mesquite cityIncorporated place
    22,059
  12. 12
    Boulder City cityIncorporated place
    14,919
Show 13 more places
  1. 13
    Laughlin CDPCensus-designated place
    8,789
  2. 14
    Moapa Valley CDPCensus-designated place
    6,684
  3. 15
    Nellis AFB CDPCensus-designated place
    5,087
  4. 16
    Sandy Valley CDPCensus-designated place
    1,742
  5. 17
    Indian Springs CDPCensus-designated place
    1,180
  6. 18
    Moapa Town CDPCensus-designated place
    958
  7. 19
    Mount Charleston CDPCensus-designated place
    465
  8. 20
    Bunkerville CDPCensus-designated place
    370
  9. 21
    Blue Diamond CDPCensus-designated place
    351
  10. 22
    Goodsprings CDPCensus-designated place
    311
  11. 23
    Cal-Nev-Ari CDPCensus-designated place
    275
  12. 24
    Searchlight CDPCensus-designated place
    246
  13. 25
    Nelson CDPCensus-designated place
    32

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.120% of building value expected lost per year

Effective property tax0.48%

$2,057 median annual bill

02
DemandIRS SOI household flows
Net migration+7,016

51,754 in · 44,738 out

Arriving vs leaving income+$13,056

$83,844 arriving · $70,788 leaving

03
CompetitionHMDA financed purchases
Purchases by investors12.0%

3,686 of 30,759 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings10,140▲ 3.4% year over year
Median days on market55▲ 10.0% year over year
Listings price-reduced23.3%seller-concession signal
Median listing pricen/a▼ 1.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Address-specific inland-flood exposure and insurance costs may exceed the countywide modeled loss screen.
  2. Target-property rent may differ from the county median because submarket lease comparables and vacancy evidence are not published.
  3. County value and MLS listing measures may not match the executable price for the specific asset.
Underwriting questions

Before pricing a property

Can HUD FMR be used as the asking-rent estimate?

No. It is a HUD payment standard and is not a measure of market asking rent.

What does the QCEW employment evidence measure?

Annual average covered jobs at workplaces in Clark County, not resident employment or unemployment.

What hazard requires address-level review?

Inland flood; the supplied climate-loss measure is a countywide modeled screen rather than a property-specific estimate.