ZIP 89147 entered the June 2026 reading with Zillow ZORI at $1,747, up 0.6% from a year earlier. Zillow ZORI is a ZIP-level typical observed asking-rent index blended across rental types, not a lease-by-lease rent roll or a bedroom-specific measurement. The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. That distinction matters because the ZIP rent index and the Census household measures below come from different evidence universes.
The backward-looking Zillow history shows a pronounced deceleration rather than a uniformly fast rent path. Exact same-month change was 0.6% over one year, compared with annualized gains of 1.2% over three years and 2.3% over five years. Thus, the latest direction breaks from the stronger longer-run pace, even though it remains positive. History has 100% coverage, with 138 observations and 137 consecutive monthly returns. Annualized month-to-month return variability of 2.7% argues against treating one current index reading as perfectly precise, while the separate maximum peak-to-trough drawdown of 5.7% shows that declines have occurred. Transparent national discovery ranks among history-eligible ZIPs were 2,082 for momentum, 1,055 for stability, and 1,832 for the balanced measure; these are descriptive ranks, not forecasts or recommendations.
Resale data present the counterweight: the Redfin direct rolling-three-month ZIP for-sale observation reports a $414,906 median sold price, 3.1% higher year over year. It also recorded 190 homes sold, a median 52 days on market, reported inventory of 223 homes, and 3.5 months of supply. Sale-to-list averaged 98.4%, while 15.2% of sales closed above list and 32.1% went off market within two weeks. These are resale liquidity and pricing signals, not rental transactions or rental comparables. Annualized ZIP ZORI divided by the median sold price produces a 5.1% cross-source screening ratio only, not a measure of property economics or a forecast. The tension is clear: resale prices advanced more quickly than the latest asking-rent history, while the resale pace and below-list average do not describe an unrestrictedly rapid market.
The ACS 2024 five-year ZCTA survey provides a different household lens. Its median gross rent was $1,807, which is a survey measure for occupied renter homes and includes selected utilities; it is not directly interchangeable with Zillow asking rent. Median household income was $74,985. Applying the mechanical 30% screen to the current $1,747 asking-rent index produces required annual income of $69,880, and the index equals 28.0% of the reported median income. This is arithmetic rather than advice or an applicant qualification rule. Separately, 54.0% of surveyed renter households reported spending 30% or more of income on rent. That burden statistic describes an area-wide survey population and cannot establish affordability, payment history, or utility terms for any particular unit.
Housing composition adds scale to the affordability and rent readings. The matched ZCTA contained 22,929 housing units, with 21,552 occupied and 1,377 vacant, producing a 6.0% overall vacancy rate. Renters occupied 49.4% of occupied homes. The stock included 14,900 single-family units and 3,657 units in larger multifamily structures, so neither one structure type alone represents the full rental universe behind ZORI. Vacancy and renter-share figures describe area-wide housing status rather than the availability, condition, rent, or lease terms of an individual listing. They should therefore be read as context for the mix of occupied and vacant homes, not proof about a specific property.
The bedroom ladder is deliberately modelled rather than observed. Scaling ZIP ZORI through the local HUD ladder produces monthly modelled estimates of $1,342 for a studio, $1,488 for one bedroom, $1,747 for two bedrooms, $2,430 for three bedrooms, and $2,783 for four bedrooms. These are not measured bedroom rents. HUD FY 2026 FMR/SAFMR values are administrative, bedroom-specific standards rather than asking rents, and the local HUD relationship is used only to distribute the ZIP-wide ZORI level across bedroom sizes. A property can differ from these estimates because the underlying ZORI blends rental types and the ladder does not capture an individual unit's actual features, utilities, or terms.
Broader comparisons should remain explicitly broader. The Las Vegas city-scope Zillow asking-rent context is below the ZIP reading, while the Clark County-scope and Las Vegas-Henderson-Paradise, NV metro-scope Zillow values are closely aligned with it. The ZIP also has a higher renter share and a lower overall vacancy rate than the Las Vegas city and Clark County contexts. City and county median gross-rent and rent-burden measures are ACS context rather than ZIP observations, while metro apartment vacancy and apartment marketing-time measures describe a different apartment-market universe. Those comparisons frame relative position; they neither replace the direct ZIP rent index nor explain why any difference exists.
The useful conclusion is a measured one: current asking rent is nearly flat over the latest year after firmer longer-run growth, whereas direct ZIP resale prices show positive annual change and moderate marketing signals. Each result has a distinct source boundary, and none establishes a property-level outcome. Before relying on these figures for a particular address, verify the live asking rent, bedroom count, utility responsibility, lease duration, concessions, availability date, and property condition. For resale interpretation, confirm sale status, listing history, comparable transaction details, and whether the subject property resembles the homes represented in the rolling ZIP observation. These checks are necessary because broad indices, surveys, standards, and resale aggregates cannot substitute for unit-specific evidence.